2022 is here and its time, to look at something how he performed on the market not only over the past month, but also in 4 – m quarter of 2021, and in throughout the year behind us. And to sum it all up in one sentence: 2021 was basically a good year for the crypto market, although it definitely saw its fair share of volatility.
Starting in the first half of 2021, market participants would probably say that the most memorable of this period was the epic rise in the price of both bitcoin (BTC) and many altcoins, followed by a fall in BTC of more than 50%. from April to May.
However, a number of important events took place in the first half of the year. Among them was the dogecoin (DOGE) craze, which entered a parabolic rally in May to a record high of $ 0.74. chapter Tesla Elon Musk announced that his company has added $ 1.5 billion of BTC to its balance sheet, as well as the start of the great migration of bitcoin miners from China.
Moving forward into the second half of 2021, july barely managed to get into the green zone after most of the coins fell earlier in the month. However, by this point, the party for DOGE holders had already ended, their favorite meme coin had dropped 14% in a month (as the only coin in the top 10 that fell this month).
V august Decentralized Finance (DeFi) related tokens and smart contract platforms that aim to compete with Ethereum (ETH) were the biggest winners. Cardano (ADA) and polkadot (DOT) have roughly doubled in value this month, while Solana (SOL) is up 250%.
Then, September saw two of the biggest events of the year – namely the implementation of the law that made bitcoin legal tender in El Salvador, and China, which again banned almost all cryptocurrencies.
October nicknamed by the community Uptober was, as the name suggests, a good month for the cryptocurrency market. Bitcoin holders could see their coin hit the $ 67,000 mark for the first time, and the Shiba Inu Dogecoin Killer (SHIB) entered the list of the 10 largest coins by market cap for the first time.
November was the month that both BTC and ETH hit their all-time highs, with BTC hitting $ 69,000 and ETH at nearly $ 4,870. However, November was also the month the meme craze ended (for now) with DOGE and SHIB dropping 21% and 34% respectively in a month.
Finally, in December The prices of major cryptocurrencies have mostly declined, with BTC and ETH falling nearly 20% in a month. The month was also marked by the confirmed failure of many of the most optimistic BTC price forecasts for 2021. Among these, perhaps the most famous example is PlanB’s worst end-2021 Bitcoin price target forecast of $ 135,000.
Top 10 coins in December, Q4 & 2021
The cryptocurrency market as a whole ended December in the red, with prices for all coins from the top 10 lower, except for terra (LUNA), which rose almost 55%.
The profit for LUNA came from the fact that Dan Morehead, CEO and founder of a crypto investment fund Panther Capital , at the end of December named it one of the most promising coins for the coming year, adding that so many people are just discovering it.
Perhaps surprisingly, the biggest loss of the top 10 coins this month was not some hyped altcoin, but rather Bitcoin itself, with a 19.2% drop. The largest cryptocurrency was followed by the Solanas SOL token, which fell 19.1% over the month.
Exchange Binance Coin (BNB) token, which was one of the most successful in November, fell nearly 18% in December.
Looking back and looking at overall performance in Q4, we get a mixed picture.
In terms of quarterly numbers, we can see that BTC barely ended up in positive territory with a gain of just 1.49%. At the same time, ETH rose 17%, while LUNA posted the best growth of 126%.
The biggest loser in the quarter was Cardanos’ own token ADA, which fell nearly 40%.
Looking at 2021 as a whole, we can see that two of the most popular tokens this year, LUNA and SOL, have seen gains that surpassed all others in the top 10.
The Terras LUNA stablecoin protocol token has grown by more than 13,100%, and the Solanas SOL token on the smart contract platform has grown by more than 11,200%. Huge gains for two altcoins, compared to a relatively small annual gain of around 70% for BTC and a more significant 410% gain for ETH.
Best of the 50 Best of December
The best of the top 50 in December was the Near Protocols NEAR token, which grew by 73% over the month. In addition to NEAR, the Ethereum Polygon sidechain and its own MATIC token are up 41%, while cosmos (ATOM) is up 19%.
The worst of the 50 best in December
In terms of the worst performance in December, the Internet Computer (ICP) project, whose value has risen rapidly since its launch in May 2021, fell 41% over the month. The sharp monthly drop in ICP was followed by elrond (EGLD) and filecoin (FIL), which fell 39% and 37%, respectively.
Top 50 in Q4
Top 50 Coins by Market Cap in for 4 – him quarter of 2021 was sandbox (SAND), which received an impressive 720% in during the three months of October, November and December. The success was due to the fact that the crypto-based gaming platform hosted a major raffle event at the end of November, and amid reports that the value of virtual land in The Sandbox has risen sharply.
Following SAND, GALA, Decentralization (MANA) and Shiba Inu were other hot tokens throughout the quarter, with all three growing between 354% and 364%.
Worst of the top 50 in Q4
As the worst indicator in 4- m quarter we see ICP again, which was also the worst investment in December. As for other non-top 10 coins, tezos (XTZ) fell more than 33% and the Ethereum Classic (ETC) fork fell 31.5%.
Best of the 50 Best in 2021
Having scaled down even further to cover the entire year, there is no doubt who was the best performer of this year, namely Shiba Inu. The popular Ethereum-based meme and the self-proclaimed killer dogcoin are up over 43 million percent. It ceased to be practically useless at the beginning of the year and reached a market capitalization of more than $ 18.3 billion by the end of 2021.
Following on from SHIB, other notable members include the popular service token AXS from Axie Infinity , which grew by 16 150%, and the Fantoms FTM token for the smart contract protocol, which grew by more than 13 600%.
The worst of the 50 best in 2021
In terms of its worst performance in years, ICP is again at the top with an annual decline of 92%. For the rest, however, the annual survey shows well how strong the cryptocurrency market has been over the past year, and no other coin has been in the red (excluding minor changes for some stablecoins).
However, even though they entered the market this year, some coins performed worse than many expected. Among them were Litecoin (LTC), which grew by only 14.6% in a year, and the Bitcoin fork, which was promoted by one of the early preachers of Bitcoin, Roger Ver, Bitcoin Cash (BCH), which grew by almost 23%.
2021 Top 100 Losers Winners
Out of the top 100, SHIB, GALA and AXS once again top the list of top performers. Among other coins not mentioned elsewhere in the article, the ECOMI digital collectibles platform (OMI) saw a 15,591% year-on-year gain, while the Kadenas KDA token with smart contract protocol was up just over 8,200%.
In terms of the weakest entrants among the 100 most valuable coins in the market that have not yet been mentioned, Safemoon (MOON), the coin that promises to safely take its holders to the moon, fell more than 56% in a year, while olympus (OHM) and NEM (XEM) fell 49% and 45%, respectively.
Bitcoin SV (BSV), a bitcoin fork promoted by the self-proclaimed creator of Satoshi Nakamoto’s bitcoin, Craig White, fell nearly 27% in a year to $ 121 per coin.
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