fbpx

Three Cryptocurrencies That Saw Explosions In Pricing During 2021

Bitcoin and Ethereum both skyrocketed during 2021, each hitting fresh all-time highs, but there were other cryptocurrencies that lined the pockets of investors fortuitous enough to own them over the past month and year. 

By Andrew Senior
November 1st, 2021

Fantom, a fast, high-throughput open-source smart contract platform for digital assets and dApps, was one of the best performing cryptocurrencies of 2021. Designed from the ground up to provide solutions for several issues in the space, Fantom is secure, has a wide range of uses, provides almost instant transactions, and has been on a tear recently. In October alone, Fantom saw almost a 120% price increase, which pales in comparison to the yearly return on investment which topped out at an astronomical gain of 17,750%. 

Decentraland, the first fully decentralized world controlled via the DAO, which owns the most important smart contracts and assets of Decentraland, is a digital platform where users can build, own, and explore a world in virtual reality. Users can buy plots of land, collectables, and various other goods to customize their virtual property. MANA is the native token for Decentraland and has seen an incredibly yearly return on investment of almost 4,000% with gains of nearly 300% in October alone. 

The coin with the greatest amount of build-up in crypto, and various social, communities is the Shiba Inu, the meme coin aimed to be the Dogecoin killer. In October alone, Shiba Inu saw a jump of over 850% in its pricing while also reaching new all-time highs. That’s on the back of a year in which Shiba Inu soared over 60,000,000% while becoming the 11th largest cryptocurrency by market cap. 

While Bitcoin and Ethereum often garner most of the headlines, the world of cryptocurrencies is widespread and varied, providing multiply paths to riches. 

Disclaimer: The information above does not constitute investment, financial, trading or any other sort of advice and you should not treat any of the content on this site such. We do not recommend the purchase, sale, or holding of any cryptocurrency or other product. None of our content should be deemed as an offer to purchase, sell, or hold a cryptocurrency or other product or service. Please consider doing your own research and prioritize consulting a certified financial professional before making any investment decisions.

All Rights Reserved. Copyright © 2021 CryptoSauceNews

Leave a Reply