With the adoption and development of the cryptocurrency industry, 2021 has been an excellent and eventful year in all respects for cryptocurrencies and the industry.
The bull season in the leading cryptocurrency Bitcoin and altcoins has brought very good returns to investors who invested in the right place and time.
While many organizations accept cryptocurrencies as a means of payment, El Salvador broke new ground by accepting Bitcoin as legal currency.
As the end of 2021 approaches, which cryptocurrencies are performing better, it has started to be a matter of curiosity. Here are six top-performing cryptocurrencies for this year, according to data from CoinGecko.
These are Shiba Inu, Axie Infinity, Terra, Solana, Polygon, Dogecoin.
According to CoinGecko data, Shiba Inu achieved an increase of 7790907.8% compared to last year.
Axie Infinity posted a year-on-year increase of 45859.4%, while Terra posted an increase of 15491.9%.
While 2021 was a productive year for Solana, Solana saw an increase of 11879.1% during the year.
Polygon posted an increase of 10742.4%, while Dogecoin, backed by Tesla CEO Elon Musk, increased by 9155.6%.
In addition to the rise in cryptocurrencies, the crypto space continues to develop itself with innovations such as DeFi, NFT and Metaverse. However, as some analysts have said, these data show that cryptocurrencies are permanent in our lives and will continue to be a part of our lives.
*Not Investment Advice.