GMX ranks as best performing crypto during devastating bear market

Based on drawdowns from ATH, market leader Bitcoin is down 75%, Solana is losing 95% of its value, and Cardano and Polkadot are both down 92%. The biggest top 100 losers were Holo, BitTorrent, and Terra Classic are shown 100% down from ATHs.

GMX, the token of the decentralized exchange GMX, is only down 23% since reaching its all-time high on Jan. 16, making it the best-performing cryptocurrency (excluding stablecoins) in this bear market.