How top 15 cryptocurrency prices changed for long-term investors (hodlers) in 2021 – The Financial Express
Cryptocurrency Prices in 2021: Prices of several crypto assets jumped astronomically this year, literally.
Top 15 Cryptocurrency Prices in 2021: Almost all top crypto assets brought big returns to investors in 2021. Despite extreme volatility in crypto markets throughout the year, long term investors (hodlers) have made significant gains this year.
Bitcoin, which is also often referred to as the digital equivalent of gold, continued to remain the top crypto asset by market capitalisation. Even as there were several occasions during the year, when Bitcoin price witnessed sharp falls, it looks set to end the year on a high as compared to its price at the start of the year.
According to data available at the time of writing this report on CoinmarketCap, the price of Bitcoin on 1st January 2021 was $29,131. Its price today is $49,104. This shows an investors wealth would have grown by 68.56% if s/he had remained invested in Bitcoin since the start of the year.
Other Cryptocurrency Prices
Prices of several other coins jumped astronomically, literally.
The price of Binance Coin, which is listed as the third-largest crypto asset on CoinmarketCap, increased 1292% from just $38 on 1st of January 2021 to $543 on 16th December 2021.
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During the same period, the price of the Indian crypto-asset Polygon (MATIC) jumped 13263.3% from $0.01781 to $2.38.
The price of Avalanche coin (AVAX), which is ranked 10th on CoinmarketCap, jumped 2825% from $3.66 to $107 from 1st of January 2021 to 16th December 2021. (See below chart for other top 15 coins)
|Top 15 Coins||Price on 01-01-2021||Price on 16-12-2021|
|Binance Coin (BNB)||$38||$543|
|USD Coin (USDC)||$0.90||$1|
|Shiba Inu (SHIB)||$0.000000000001||$0.00003405|