Top cryptocurrency winners and losers in 2021

Top cryptocurrency winners and losers in 2021

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2021 is undoubtedly a bull market for Bitcoin (Bitcoin) This year, the highest price in history has been increased several times. But not all crypto assets perform the same. In terms of price increases, in addition to most winners, there are some losers.

Since the beginning of 2021, the total market value of cryptocurrencies has grown from less than 800 million U.S. dollars to more than 2.3 trillion U.S. dollars today, an increase of 190%.It hit A record high of more than 3 trillion U.S. dollars At the beginning of November.

Top 3 cryptocurrency winners in 2021

On January 1, 2021, the top ten cryptocurrencies by market capitalization look a bit different because they include Litecoin (LTC), chain link (Associate) And Bitcoin Cash (Bitcoin cash). These have exited and gave way to Solana (Sol), USDC and Avalanche (AVAX) To the end of the year.

Dogecoin (DOGE)

Dogecoin has soared this year, mainly driven by secret social media posts by Elon Musk. On New Year’s Day, the price of DOGE was only $0.004, and it was largely ignored by most cryptocurrency traders. DOGE conducted its first small sprint in February, which is the successor to many subsequent Elon Pump.

The price of DOGE really rose wildly in April and May. On May 8, it surged by more than 1,100% to a record high of $0.731, pushing it to the fourth place on the crypto market value chart.

Musk Praise DOGE’s advantages as a payment network June, leading to another round of FOMO for memecoin.

Since May, DOGE has been falling from that epic skyrocket, whether it’s against Bitcoin or the U.S. dollar. However, in addition to the list of major trading platforms, all the other mainstream media it has obtained still enable the Shiba-inspired joke coin to obtain a huge gain of 3,800% so far this year. Calculated in BTC, DOGE increased from 168 satoshis in mid-December to 3,696 sats, a year-on-year increase of 2,100%.

Dogecoin/USD YTD-coingecko.com

Starting position of market value on December 15: 26 — final position: 11

Solana (SOL)

The native token of the enterprise blockchain Solana also had a bumper year in terms of revenue. At the beginning of 2021, the price of SOL was only US$1.52, and at the time of writing, its transaction price was slightly higher than US$150. This is an epic gain of over 9,800% in less than a year.

SOL hit a record high of $260 in early November, but it fell back as the market began to adjust later this year.Huge move makes SOL ranked fifth on the market capitalization chart After reaching the top of fourth placeCompared with BTC, SOL has risen by 6,473% throughout the year.

Significant investments and increased adoption rates after the soaring transaction price of Ethereum has boosted Solana’s development momentum, which has always been Touted as the “Ethereum Killer. “In June, Solana Labs raises US$314 million Through a private token sale led by Andreessen Horowitz and Polychain Capital.

SOL/USD YTD-coingecko.com

Starting position: 112 — Final position: 5

Earth (moon)

The native token of the decentralized financial payment network Terra also briefly entered the top ten cryptocurrencies. The trading price of LUNA at the beginning of the year was approximately US$0.65, which is basically unknown to mainstream retail traders.

Prices rose in March and May, but did not really take off until August, when LUNA rose sharply on December 5, setting a record high of $77.73. At the time of writing, LUNA is trading as high as $8,515% since the beginning of the year. In terms of Satoshi, LUNA has risen by 5,815% relative to BTC this year.

This Partners rapidly expand The impact on the Terra ecosystem has been the main reason for bullish price behavior.

LUNA/USD year to date-coingecko.com

Starting position (CMC): 62 — Final position (CMC): 10

Some others are also worth mentioning because of the impressive gains this year, including Avalanche’s AVAX, which increased by 2,330% year-on-year, and Polygon’s Matic, Has soared more than 12,000%, and Binance Coin (Bitcoin) This year’s income is 1,271%.

The top 3 cryptocurrency losers in 2021

Internet Computer (ICP)

In the hyped world, Dfinity’s Internet computer project broke out this year after 5 years of secret development. It promises to replace the trillion-dollar traditional Internet and the Internet revolution in the IT industry by allowing developers to install their code directly on the “public Internet” without having to rely on third-party hosting companies.

Speculators go crazy for the next big thing in cryptocurrency Load ICP token When they were listed on major exchanges in mid-May, prices soared to a record high of $700 on May 10.

Since then, ICP prices have actually plummeted, falling to a historical low of $24.29 on December 4, a 96% drop from their peak 7 months ago. As far as Satoshi is concerned, it also lost 93% against Bitcoin.

ICP/USD YTD-coingecko.com

Start/Highest Position: 8-Final Position: 37

EOS (EOS)

Many people touted that the once darling cryptocurrency that will kill Ethereum has actually done little in terms of price changes this year, while the surrounding prices have risen sharply.

EOS It has fallen out of the top ten in market capitalization on January 1, and has continued to decline throughout the year. The EOS price has risen by only a negligible 15% in a year, while the prices of others are in the 3 and 4 digits, so we think this is the loser of the big plan.

At the time of writing, Block.one’s once hyped token trading price is $3.25, which has fallen to the 50th place by market value. It is currently down 86% from the historical high of 22.71 USD in April 2018, and the exchange rate against BTC has fallen by 22% in the past year.

In early November, EOS ecosystem members Expressed their dissatisfaction With the direction of the network.

EOS/USD YTD-coingecko.com

Starting position: 15 — Final position: 50

Currency (XMR)

Due to some major exchanges, the privacy-focused cryptocurrency Monero has also fallen sharply on the market capitalization rankings this year Provide anonymous delisted digital assets.

The price of XMR has risen by only 17% this year, which is far less than the all-time high of $524 set in January 2018. XMR is currently trading at approximately US$183, which has fallen 66% from this peak, causing it to fall to 49th place in the token cap table. Since the beginning of this year, Monero has fallen 30% against Bitcoin.

XMR/USD YTD-coingecko.com

Starting position: 16 — Final position: 49

From the perspective of these gains and losses, Bitcoin has risen by 67.5% year-to-date (YTD), while Ethereum has risen by 440%.