Cryptocurrencies had a banner year in 2021, with several currencies outperforming the rest. Bitcoin was the clear leader, increasing by more than 1000%. Ethereum and Litecoin also saw significant value increases, while Ripple and Dash experienced modest gains. You should take a clear look at the crypto year in review 2021. These are the top cryptocurrencies that performed well in 2021.
1) Bitcoin
It’s no surprise that Bitcoin will be the best-performing cryptocurrency in 2021. The value of BTC skyrocketed in January, and it continued to rise throughout the year. Its price rose from $28,900 in January to a staggering $41,500 by December 31st—a 44% increase over 11 months.
Bitcoin is still ruling the cryptocurrencies, and its performance in 2021 shows that it isn’t going anywhere any time soon. The future is bright for Bitcoin, and there is no telling how high its value could go in 2022.
2) Ethereum
After Bitcoin, Ethereum will be the second-largest crypto in 2021. Its price rose from $135 at the beginning of the year to $720 by the end—a 432% increase over 12 months.
Ethereum’s decentralised nature also means that its value is likely to continue increasing in the years to come. With more and more companies looking to use Ethereum’s blockchain technology, its value will only go up.
3) Litecoin
Litecoin is a cryptocurrency that has been in the market for quite some time and was one of the best-performing cryptocurrencies in 2021. Its price increased from $42 at the beginning of the year to $310 by December—a 640% increase over 12 months.
Litecoin is an excellent investment for anyone looking to invest in a long-term cryptocurrency.
4) Ripple
Ripple is among the top cryptocurrencies that performed well in 2021. Its price rose from $0.25 at the beginning of the year to $0.75 by December—a 200% increase over 12 months. Its value is likely to continue increasing as more and more people use it.
Ripple is an excellent investment for anyone looking to invest in a long-term cryptocurrency. Its value is likely to continue increasing as more and more people use it for payments and transactions.
5) Dash
Dash is another cryptocurrency that saw a significant increase in value in 2021. Its price rose from $76 at the beginning of the year to $408 by December—a 435% increase over 12 months.
Dash is an excellent investment for anyone looking to invest in a long-term cryptocurrency. Its value is likely to increase as people are willing to use it more and more.
In conclusion, this is the crypto year in review 2021. Some are very popular, and some are not, but crypto had a great year. The future of cryptocurrencies is gleaming, so it might be a good idea to invest in one (or more) of these currencies.
The performance forecast for 2022 is also excellent. No one knows what will happen in the future, and there are always risks involved with any investment. However, these digital currencies have been around for a long time and seem to be here to stay.