Posted by 2021 is a year of skyrocketing and plummeting cryptocurrencies. But which cryptocurrencies performed the best this year, and which performed the worst? Pumps and dumps in 2021
Excluding irrelevant tokens, the three largest pumps are Shiba Inu, Gala and Terra (LUNA).
The best and worst cryptocurrencies in 2021
Among the major cryptocurrencies or tokens, Polygon (MATIC), Axie Infinity (AXS) and The Sandbox (SAND) also have annual returns of more than 10,000%. Among the most lost cryptocurrencies, there are many negligible trading volumes and have lost 100% or 99.9% of their value.
However, it is worth mentioning that, given that its trading volume is not trivial, Sun Token has fallen by 99.7% within a year.
On the other hand, there are now more than 11,000 tokens and cryptocurrencies, of which they continue to implode.
Who wins and loses among top cryptocurrencies
Only focus on mainstream cryptocurrencies. To be honest, the current value is lower than that of a year ago.
You have to go to Bitcoin SV (BSV) to find a cryptocurrency that has lost money in the past 12 months, with a loss rate of -23%. NEM (-39%) and Celsius (-27%) also ended in losses.
However, it is also worth mentioning that some cryptocurrencies, despite gains, have far below average performance, such as Litecoin (+24%) and Bitcoin Cash (+29%).
It is worth noting that among the top 10 cryptocurrencies with the highest market capitalization, Bitcoin is the one with the lowest yield: +66%.