As the first quarter of 2021 draws to a close, here are the five best-performing cryptocurrencies, with a market capitalization of above $1 billion, for the period. 

The list does not include Bitcoin (BTC) and Dogecoin (DOGE), even though they rose 101.14% and 852.15% in Q1 respectively. BTC traded 0.19% higher at $58,851.88 while DOGE traded 0.23% lower at $ 0.054 at press time.

See also: How to Buy Dogecoin (DOGE)

Content Value Network (CVNT)

CVNT soared a whopping 41,532.67% in the first quarter to about $2.96. The content distribution platform was launched on Huobi Global in January 2019.

Dent (DENT)

DENT skyrocketed 6,367.68% in the first quarter at $0.0125.

On its website, Dent highlighted milestones which include optimized connectivity for the Tokyo Summer Olympics. 

Pundi X (NPXS)

NPXS shot up 4,409.95% in the first three months of 2021 at around $0.0077.

This month, the token saw a massive spike thanks to token staking, reduction, and positive sentiment surrounding the altcoin market. Creator and CEO of PundiXLabs confirmed the token reduction and staking news. He also said Decentralized Finance farming was coming.

Harmony (ONE)

ONE rose 4,166.84% in the quarter. The cryptocurrency traded 2.71% lower at $0.183 at press time.

Terra (LUNA)

LUNA gained 2,746.95% in Q1. The coin traded 0.99% higher at $18.55 at press time.

The cryptocurrency touched its all-time high of $22.33 on March 21. The blockchain associated with LUNA uses fiat-pegged stablecoins to power global payments systems.

This month TerraUSD and associated UST stablecoin saw huge demand from Mirror, Terra’s synthetic assets protocol. In order to meet the demand 80 million LUNA were burned to mint 447 million UST, which reduced LUNA’s circulating supply to 404 million from 484 million thus pushing up prices, according to Cointelegraph. 

See also: Best Altcoins in 2021