Top crypto winners and losers of 2021

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The 12 months 2021 has undoubtedly been a bull market with Bitcoin (BTC) elevating the all-time excessive worth bar a number of occasions this 12 months. However not all crypto belongings have carried out equally. There have been numerous losers along with nearly all of winners by way of worth good points.

Because the starting of 2021, complete crypto market capitalization has gained 190% from just below $800 million to over $2.3 trillion as we speak. It hit an all-time high of just over $3 trillion in early November.

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High 3 crypto gainers in 2021

The crypto top-ten by way of market capitalization seemed a little bit totally different on Jan. 1, 2021, because it contained Litecoin (LTC), Chainlink (LINK), and Bitcoin Money (BCH). These have dropped out and have given method to Solana (SOL), USDC, and Avalanche (AVAX) by the 12 months’s finish.

Dogecoin (DOGE)

Dogecoin has skyrocketed this 12 months, pushed primarily by Elon Musk’s surreptitious social media posts. On New Yr’s Day, DOGE was priced at simply $0.004 and largely ignored by nearly all of crypto merchants. DOGE had its first little spurt in February following the primary of what could be numerous subsequent Elon pumps.

DOGE costs actually went on a wild journey in April and Could after they surged greater than 1,100% to an all-time excessive of $0.731 on Could 8, pushing it up the crypto market cap charts to the fourth spot.

Musk extolled the virtues of DOGE as a payments network in June, leading to one other spherical of FOMO for the memecoin.

DOGE has been falling from that epic pump since Could, each towards Bitcoin and USD. However the entire extra mainstream media it’s got, along with main buying and selling platform listings, has nonetheless given the Shiba Inu-inspired joke coin a monumental acquire of three,800% thus far this 12 months. In BTC phrases, DOGE has gained 2,100% on the 12 months from 168 satoshis to three,696 sats in mid-December.

Top crypto winners and losers of 2021
DOGE/USD YTD – coingecko.com

Beginning place by market capitalization on Dec. 15: 26 — Closing place: 11

Solana (SOL)

The native token for the enterprise blockchain Solana has additionally had a bumper 12 months by way of good points. At first of 2021, SOL was priced at simply $1.52, on the time of writing it was buying and selling for a little bit over $150. That is an epic acquire of greater than 9,800% in lower than a 12 months.

SOL hit an all-time excessive of $260 in early November however has retreated as markets started correcting late within the 12 months. The large transfer has given SOL a fifth spot available in the market cap charts after peaking at fourth. Towards BTC, SOL has gained 6,473% over the 12 months.

Main investments and elevated adoption within the wake of surging transaction costs on Ethereum have pushed momentum for Solana, which has additionally been touted as an “Ethereum killer.” In June, Solana Labs raised $314 million through a non-public token sale led by Andreessen Horowitz and Polychain Capital.

Top crypto winners and losers of 2021
SOL/USD YTD – coingecko.com

Beginning place: 112 — Closing place: 5

Terra (LUNA)

The native token for decentralized monetary cost community Terra has additionally made it into the crypto prime ten briefly. LUNA started the 12 months buying and selling at round $0.65 and was largely unknown to mainstream retail merchants.

Costs had been lifted in March and Could, however they didn’t actually take off till August when an enormous pump took LUNA to an all-time excessive of $77.73 on Dec. 5. On the time of writing, LUNA was buying and selling up a whopping 8,515% for the reason that starting of the 12 months. In satoshi phrases, LUNA has elevated up 5,815% this 12 months towards BTC.

The rapid expansion of partners on the Terra ecosystem has been largely answerable for the bullish worth motion.

Top crypto winners and losers of 2021
LUNA/USD YTD – coingecko.com

Beginning place (CMC): 62 — Closing place (CMC): 10

A couple of others are additionally price a point out for making spectacular good points this 12 months they usually embody Avalanche’s AVAX up 2,330% on the 12 months, Polygon’s MATIC, which has surged greater than 12,000%, and Binance Coin (BNB) making 1,271% this 12 months.

High 3 crypto losers in 2021

Web Laptop (ICP)

Amid a world of hype, Dfinity’s Web Laptop venture exploded onto the scene this 12 months after 5 years of largely secretive growth. It promised an web revolution changing the trillion-dollar legacy web and IT trade by permitting builders to put in their code straight on a “public web” with out having to depend on third-party internet hosting companies.

Speculators in a frenzy for the following large factor in crypto loaded up on ICP tokens after they had been listed on main exchanges in mid-Could sending costs skyrocketing to a really fast all-time excessive of $700 on Could 10.

Since then, ICP costs have nearly collapsed sinking to an all-time low of $24.29 on Dec. 4, a painful 96% down from its peak simply 7 months prior. It has additionally misplaced 93% towards Bitcoin by way of satoshis.

Top crypto winners and losers of 2021
ICP/USD YTD – coingecko.com

Beginning/Highest place: 8 — Closing place: 37

EOS (EOS)

The as soon as darling of crypto that many touted would kill Ethereum has truly carried out little or no by way of worth actions this 12 months whereas these round it have surged.

EOS had already fallen out of the market cap prime ten on Jan. 1 and it continued to fall down the charts all 12 months. EOS costs have solely gained a paltry 15% over the 12 months when others had been in thre and 4 figures so we might take into account {that a} loser within the grand scheme of issues.

Block.one’s once-hyped token was buying and selling at $3.25 on the time of writing, having slumped to the fiftieth spot by market cap. It’s presently 86% down from its April 2018 all-time excessive of $22.71 and has misplaced 22% towards BTC over the 12 months.

In early November, members of the EOS ecosystem voiced their dissatisfaction with the route the community was heading.

Top crypto winners and losers of 2021
EOS/USD YTD – coingecko.com

Beginning place: 15 — Closing place: 50

Monero (XMR)

The privacy-focused cryptocurrency Monero has additionally fallen closely down the market cap charts this 12 months as numerous main exchanges delisted digital assets that offer anonymity.

XMR costs have mustered simply 17% this 12 months and have come nowhere close to their January 2018 all-time excessive of $524. At the moment buying and selling at round $183, XMR has slumped 66% from that peak leading to a fall to forty ninth within the coin cap tables. Monero has misplaced 30% towards Bitcoin for the reason that starting of the 12 months.

Top crypto winners and losers of 2021
XMR/USD YTD – coingecko.com

Beginning place: 16 — Closing place: 49

To place these good points and losses into perspective, Bitcoin is up 67.5% year-to-date (YTD) 12 months whereas Ethereum gained 440%.