Prominent analyst shared “shopping list 2022” a year ago; Check out his return

Vladislav Sopov

Did Adam Cochran Outperform Bitcoin (BTC) With His Portfolio? Twitter trolls remember everything

contents

• Check out Adam Cochran’s 2022 Grocery List
• Bitcoin (BTC) has been a “safe haven” for investors in 2022

The semi-ironic Twitter account followed the year-long performance of the top picks highlighted by Adam Cochran, founder and fintech expert at Cinneamhain Ventures.

Check out Adam Cochran’s 2022 Grocery List

On December 30, 2021, Cochran shared his “2022 shopping list” of altcoins that could outperform the markets in 2022. He categorized his recommendations as ‘God’s rank’, ‘Exceed greatly’, ‘Exceed’, ‘Value’, ‘Risk’. -on but potential” and “high risk” segments.

It’s time for a 1 year update on the 206 tweet thread “Altcoin tops shopping list for 2022” by @adamscochran

Let’s recap how the 37 tips on the list performed this year👇 pic.twitter.com/3HIlEkuILU

— Shitcoin minimalist (parody) (@bccponzi) December 30, 2022

On December 30, 2022, anonymous Twitter commenter Shitcoin Minimalist (@bccponzi) shared the performance of all assets in Cochran’s portfolio. It appeared that the CAP token is the best-performing asset on this list: it lost just 33% of its price in 2022.

In contrast, some of the tokens mentioned by the analyst lost over 95% (meaning their valuations fell 20x). Keep3rV1 (KP3R), Helium (HNT), Perpetual Protocol (PERP), Futureswap (FST), Hundred Finance (HND) were among the laggards with 95-98% losses. Babylon Finance (BABL) lost over 99.9% of its price: Since mid-November 2021, its price fell from $216 to $0.06.

Dubbed a “strong outperformer,” the Flux (FLX) token lost 98% of its price. Ironically, “God Tier” and “Strong Outperform” were decimated more mercifully than others, losing 86% and 87.3%, respectively.

Bitcoin (BTC) has been a “safe haven” for investors in 2022

Other segments, including risk-on and high-risk, lost 80-84.5%. Overall, 83.92% of the result of the “Shopping List 2022” was lost.

Meanwhile, Ethereum (ETH) price fell just 68.7%; Bitcoin (BTC) price fell 64.8%. Bitcoin (BTC) and Ethereum (ETH) are looking like “safe havens” amid the crypto market’s painful slump.

The net capitalization of the cryptocurrency markets fell by almost 61%. On November 22, 2022, the cryptocurrency market cap bottomed below $780 billion.

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