The year 2021 was such a memorable year as it saw the cryptocurrency space experience the good, bad and ugly stuffs. We saw big names and popular industries coming into the space. Bitcoin reached an all-time high, NFT grew alongside DeFi. El-salvador made BTC a legal tender.
Equally, Memecoins gained grounds and became even more popular. The first African Memecoin even surfaced - Wakanda Inu. On the other hand, we saw many lambo airdrops particularly, retroactive airdrops. Our dear Hive attained an all-time high in price too. Cryptocurrency adoption saw a record increase in adoption.
Speaking of the ugly, many DeFi projects got hacked and countless users lost their money to hackers. China ban cryptocurrency mining while futures trading liquidated billions of dollars. That's just a sneak peak of what transpired in 2021.
However, in the course of the bull run, there were some projects that did outstandingly. We'll briefly look at them.
Top 10 Best Performing Cryptocurrencies in 2021
SHIBA INU
Price (January 1, 2021) = SHIB had a price of $0.000000000073.
Price (December 24) = SHIB moved to $0.00003863
YTD change = 0.0000386299
%YTD Change = 52,917,708.22%
Axie Infinity (AXS)
Price (Jan 1, 2021) = 0.537
Price (December 24, 2021) = 107.56
YTD change = 107.023
%YTD change = 19,929.79%
SAND
Price (January 1,. 2021) = 0.0368
Price (December 24, 2021) = 6.32
YTD change= 6.283
%YTD Change = 17,073.91%
LUNA
Price (Jan 1 2021) = 0.637
Price (December 24, 2021) = 100
YTD change = 99.363
% YTD change = 15,598.59%
MATIC
Price (January 1, 2021) = 0.0177
Price (December 24, 2021) = 2.65
YTD change = 2.6323
% YTD change = 14,871.75%
Solana (SOL)
Price (January 1, 2021) = 1.61
Price (December 24, 2021) = 190.17
YTD change = 188.56
% YTD change = 11,711.80%
Decentraland (MANA)
Price Jan1 = 0.0782
Price Dec24 = 3.740
YTD change = 3.662
% YTD change = 4,682.61%
DOGECOIN (DOGE)
Price Jan1 = 0.0049
Price Dec24 = 0.1831
YTD change = 0.1782
% YTD change = 3,636.73%
AVAX
Price Jan1 = 3.58
Price Dec24 = 123.22
YTD change = 119.64
% YTD change = 3,341.90%
CryptoCom Token (CRO)
Price Jannuary 1 2021 = 0.059
Price December 24 2021 = 0.617
YTD change = 0.558
% YTD change = 945.76%
What a great return on investment if anyone bought and held till then. This can only happen in the world of cryptocurrency. The Shiba Inu and DOGECOIN pump taught us that community is power and that there's no shitcoin.
Which coin will appreciate in the year 2022?