https://brokerchooser.com 2m 412 #cryptocurrency Emily Boswell
The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.
New research reveals the cryptocurrencies with the greatest increase in popularity and value in 2021, with one $10 investment a year ago worth over $200,000 today.
The experts at BrokerChooser
analysed the search volume and value increases of top cryptocurrencies to reveal the best performing coins and tokens in 2021.
The cryptocurrencies with the greatest increase in value:
1. SHIBA INU
Shiba Inu coin had by far the greatest increase when it came to price, despite the fact that the actual price of an individual coin is incredibly low. One Shiba Inu coin was worth a minuscule $0.0000000003 in September 2020 but had increased to $0.0000072 a year later. It may seem like that isn’t such a great increase but it actually equates to 2.4 million percent, meaning that if you had invested just $10 in the currency in September 2020 you’d have over $200,000 just 12 months down the line.
In second place behind its fellow ‘memecoin’ is Dogecoin, and was envisaged as being a light-hearted and fun cryptocurrency to poke fun at the emerging world of crypto, that ended up building its own community and taking off in a huge way, particularly after being frequently mentioned by Elon Musk on social media. Since September 2020, Dogecoin saw its price increase by around 9,500% in 12 months.
Terra was the cryptocurrency with the third-highest increase when it came to its price, rising from $0.48 to $31.66 between September of 2020 and 2021. Terra’s price exploded in January when it raised $25 million in a funding round from Galaxy Digital, Coinbase Ventures, Pantera Capital, and others.
The cryptocurrencies with the greatest increase in popularity:
September 2020 searches
September 2021 searches
1. SHIBA INU
Shiba Inu coin had just 70 Google searches in September 2020. But its popularity has exploded in the last year, with 1.5 million people searching for ‘Shiba Inu coin’ in September 2021, an incredible increase of 2.1 million percent.
Polygon is an Ethereum token that powers the Polygon Network and has experienced a growth in interest of over 100,000% in the last year for the term ‘Polygon crypto’. Polygon and other similar tokens have experienced a huge upswing as the Ethereum blockchain sees record usage.
The cryptocurrency with the third-highest increase in popularity is Terra, with searches for ‘Terra crypto’ going up by over 5,000% in the course of a year.
You can see the full research here