These 5 cryptocurrencies dominate 2023 with 400% average gains

The cryptocurrency sector faced several challenges at the beginning of 2023 as it attempted to recover from the bear phase of the previous year while also dealing with prevailing macroeconomic factors.

Despite being overshadowed by the impressive bull run of 2021, several cryptocurrencies have managed to achieve remarkable performance, while the pioneering cryptocurrency Bitcoin (BTC) continues its search for new highs.

Having reached the midpoint of 2023, it is an opportune time to reflect on the cryptocurrencies that have stood out. In this line, five digital assets, ranked by gains on a year-to-date (YTD) basis as of July 1, dominated the market and have collectively recorded a remarkable average gain of 446%. Here is a breakdown of the cryptocurrencies;