According to Cointelegraph: It’s been a year since the unfortunate collapse of the FTX exchange, an incident that shed nearly $300 billion off the market cap, severely affecting numerous cryptocurrencies. However, this event now appears to have marked the bottom for Bitcoin, which has risen approximately 120% in the year since.
Among the most impacted tokens during the FTX crash were those that were closely financially connected to FTX, such as Solana, Serum (SRM), and the exchange’s native FTX Token (FTT). Despite this initial turmoil, certain cryptocurrencies have shown a remarkable recovery, outperforming the market since the crash.
Here are the top gainers from the top 30 cryptocurrencies by market capitalization that would have yielded the most significant profits if bought in November 2022:
1. Solana (SOL) - Despite an over 50% drop to $8 following the FTX crash, this token would have fetched over 660% profit if bought a year ago.
2. OKB (OKX crypto exchange’s token)- Less affected by the FTX crash, OKB has shown a significant price surge since its top competitor went under, with a potential yield of 275% profit if purchased a year ago at the FTX bottom of $17.20.
3. Chainlink (LINK) - Chainlink’s token had fallen around 40% post FTX demise. However, purchasing LINK in November 2022 at $5.68 could have resulted in over 180% profits today.
