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2021 is a bullish year for crypto assets. While prices have risen sharply, the top ten and top twenty rankings by market capitalization have also undergone significant changes. In terms of overall market valuation, a large number of coins have either been pushed down or have entered the highest position of the crypto economy.
The position of top crypto assets changes drastically in 2021
On December 27, 2020, a historical snapshot of cryptocurrency prices that day showed that Bitcoin (Bitcoin) And Ethereum (Ethereum) In terms of market valuation of the first two crypto assets, both are in a leading position.This is still true today because both Bitcoin and Ethereum It is the top two market leaders. However, on December 27, 2020, the value of Bitcoin was $26,272 per unit. Bitcoin The market value is $488 billion. In addition, Ethereum changed hands at US$682 per unit on the same day, with a market value of approximately US$77.8 billion.
Fast forward to the statistics for December 26, 2021, and Bitcoin Its transaction price is US$50,809 per unit, and the overall market value is approximately US$960 billion. Ethereum On December 26, 2021, the transaction price of each coin was US$4,067, with a market value of approximately US$483 billion.We know that prices have changed since December 27, 2020, but Bitcoin and Ethereum Still in a leading position in top cryptocurrency positions. On the other hand, the rest of the first 20 coins have been shuffled like a deck of cards.
Tether (USDT) It occupied the third largest market position last year, and today, in terms of market valuation, it has transformed into the fourth largest crypto asset. Last year, xrp (Ripple) Ranked fourth, but today, Ripple Has risen to the seventh largest cryptocurrency position. A year ago, Litecoin (LTC) Is the fifth largest crypto asset in overall valuation, but LTC All the way down to 19th place. Similarly, Bitcoin Cash (Bitcoin cash) Holds the sixth largest market valuation last year, but on December 26, 2021, Bitcoin cash Has been hovering around the 25th place.
Binance Coin (Bitcoin) Successfully improved its market position and was the third largest market as of December 26, but a year ago BitcoinThe market capitalization ranks seventh. Chainlink (LINK) ranked eighth last year, but as of December 26, LINK has fallen to the 20th coin market value ranking. Cardano (have) Last year, it hovered near the ninth largest market position, but rose to sixth place within a year. Finally, Polkadot (DOT) was the tenth largest market, and it also occupied this position on December 26.
The top ten new members include terra (LUNA) in ninth, USDC in the eighth largest token market capitalization ranking, and solana (SOL) today in fifth place. LUNA ranked 67th in market capitalization last year, USDC ranked 11th, and SOL ranked 139th on December 27, 2020.
In addition to the top ten, a large number of tokens from the 10th to the 20th this year have also been shuffled. Many tokens moved forward, and countless tokens gave up the positions they had held last year. It shows that 12 months in the crypto world can completely change things.
What do you think of the ten major reorganizations that occurred this year? Please tell us your thoughts on this topic in the comments section below.
Image Source: Shutterstock, Pixabay, Wikimedia Commons
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