Few Tokens Hold On to More of Their Cycle Gains Than Bitcoin

The recent correction in the crypto market has left many tokens far below their peak values. However, there are a few exceptions that stand out from the rest.

According to a recent snapshot of the CryptoSlate market data, only nine non-stable tokens sit closer to their all-time high (ATH) than Bitcoin. These assets have managed to preserve more of their cycle gains than most of the market, including Bitcoin, which still carries a substantial drawdown of 43.26%.

The list includes UNUS SED LEO, Sky, Kite, Canton Network, TRON, Hyperliquid, MemeCore, Siren, and Stable. Among these tokens, some are large and liquid enough to support a serious relative-strength discussion, while others are newer, thinner, or more structurally idiosyncratic.

The drawdown percentage of each token provides insight into their resilience in the face of market pressure. For example, UNUS SED LEO is only 5.53% below its ATH, followed closely by Sky and Kite at 24.33% and 24.56%, respectively. TRON and Hyperliquid are also notable mentions, with drawdowns of 29.77% and 31.10%, respectively.

The hierarchy among these tokens is clear, with UNUS SED LEO standing out as the most resilient. However, it's essential to note that this leaderboard is unlikely to remain static, and a modest change in relative performance could reorder the list quickly.