Although Bitcoin closes 2021 under $50,000, a number of altcoin projects that have managed to enter the top 10 in the market capitalization rankings are surprising with their enormous profit rates. Come, Watcher. Let’s take a look at the profit rates for 2021 according to Guru data.
2021 performances of altcoin projects
At the top of the list is 50% of the year, which “gifted” half of its total supply (410 trillion SHIB) to Ethereum founder Vitalik Buterin. There is Shiba Inu (SHIB), which closed with a profit rate of over 000. Second-place play-and-play NFT platform Axie Infinity (AXS) reported the first news of the metaverse explosion in June, with 18% the year. Over 000 completed. The Sandbox (SAND) was the last quarter representative of metaverse coins. 16%. With its $1,000 boom, the SAND token first garnered investor attention with the hype around Facebook’s rebranding as “Meta”, then confirmed that it’s aiming for the top with a series of bombshell partnerships throughout the year. Further down the list are Terra (LUNA), which provides liquidity to stablecoins, and Polygon (MATIC), the Ethereum scaling solution. 13%. 10% in 2021 with 232 performance. The last altcoin project that closed over 000 is Solana (SOL). While Bitcoin, which closed the year with 90% profit, is in the last place, the 2021 table of altcoin projects from MANA to XRP is as follows.
Shiba Inu getting ready for DOGGY DAO
Cryptocoin. com, the developer team behind Shiba Inu (SHIB) announced in a new blog post that it will launch a Shiba-owned DAO. In the beta version of the DAO called “DAO 1”, users will decide how to distribute their token rewards among various liquidity pools. Next, a new DAO called DAO 2 will allow users to make general recommendations regarding the development of the project.