Top Cryptocurrencies of 2021: These are the top cryptocurrencies of this year including Solana, Avalanche, BNB
Bitcoin (BTC)
Bitcoin Bitcoin was founded in the year 2009 by an unknown creator named Satoshi Natamoto. Bitcoin is currently the oldest and most valuable cryptocurrency in the world and has been a favorite coin of investors for many years. This year too, all the investors have showered love on this coin. About five years ago, the price of BTC was around $ 500 (about 37,000), and now this coin trades between $ 48,000-$ 50,000 (about Rs 35.7-37 lakh). This year, Bitcoin crossed the $ 65,000 mark (about Rs 48.3 lakh) mark and made its all-time high (Bitcoin all time high 2021). Even El Salvador has declared Bitcoin as a legal tender. Many Bitcoin ATMs have been installed in the country. Many big companies have started accepting this coin as payment in El Salvador. Crypto experts believe that the price of BTC can rise to $100K in 2022. Currently, the total market cap of Bitcoin is $1 trillion (about Rs 74,38,440 crore).
Ethereum (ETH)
Ethereum This year too, it remained the second most valuable cryptocurrency after Bitcoin. If Bitcoin is considered the gold of the crypto market, then Ethereum is considered silver by investors. Many other applications and tokens work on the Ethereum blockchain. This is the reason why this crypto is growing by leaps and bounds. Apps like smart contracts and NFTs are run on this blockchain. November 9 this year also proved to be the best day for Ethereum, when its price (Ether price) reached $4,811 (about Rs 3.5 lakh). This was the all-time high for this coin (Ethereum all time high 2021).
Solana (SOL)
Solana was a completely new entry in the market this year. Solana (SOL) made a splash as soon as it arrived in this competitive market. Solana beat everyone in the crypto charts this year due to its super-fast processing speed and cheap transactions and registered its name in the list of top 10 cryptos (Top 10 Cryptocurrencies of 2021). By the end of the year, this coin has gained more than 11,000% compared to its beginning. On November 6, 2021, its price had increased to $260 (about Rs 20,000). However, currently this coin (Solana price in India) is trading around $189.
Avalanche (AVAX)
The next new entry is Avalanche (AVAX). This coin saw a lot of growth in November 2021. Experts believe that this coin can make its name in the list of most popular digital currencies in the coming few years. This cryptocurrency is more popular due to the AVAX token, which allows high transaction security to connect at a speed of one trillion per second. Currently the price of this coin (Avalanche price in India) is $ 103 (about Rs 7,661)
Shiba Inu (SHIB)
Shiba Inu It deserves to be in the list of the most popular cryptocurrencies of this year. Launched in August 2020, this meme coin was initially taken as a joke by investors. However, 2021 proved to be very good for this coin. Data from Google Trends has revealed that this coin has been searched more than Bitcoin. Shiba Inu is giving tough competition to Dogecoin. Within a year of its launch, this cryptocurrency saw a tremendous surge in October 2021. Many big companies are also planning to take the coin as a form of payment. Experts believe that this coin will grow rapidly by 2025.
Binance Coin (BNB)
BNB, the token of the world’s largest cryptocurrency exchange Binance, also became very popular this year. This token helps Binance users reduce trading charges, and at the same time it also promotes the Binance Smart Chain. The market cap of BNB is around Rs 6.5 lakh crore.
