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Coingecko: In 2021, the capitalization of cryptocurrencies from the top 30 increased by 176%
In 2021, the total capitalization of the 30 largest cryptocurrencies increased by 176%, updating in November the historical maximum above $ 2.5 trillion. Against the background of a protracted correction in December, the indicator decreased, according to Coingeco report.
The average profitability of five key cryptocurrencies at the end of the year was 2913%. Most of the indicator was provided by the SOLANA (SOL) project, whose profitability of investment exceeded 11,000%.
Analysts noted the high profitability of altcoins in 2021. The prices of four TOP-30 tokens by market capitalization increased by more than 10,000%. Among them, Fantom (FTM) showed the best dynamics – its cost increased by 14,279%.
According to the results of the year, the Bitcoin dominance index decreased by 30 points, amounting to a little more than 45%. Ethereum, on the contrary, increased by almost 11 points, reaching 22%.
The total capitalization of the five largest stablecoins over 12 months increased by $ 127 billion (+469%), exceeding $ 140 billion. The leader of the segment is Tether Pharma Bro Martin – the USDT increased by 275%to $ 78.4 billion. In second place is the USD Coin (USDC) with a value of $ 42.4 billion.
Recall that in 2021 the total capitalization of the cryptocurrency market at the peak exceeded $ 3 trillion, and Bitcoin and Ethereum updated the price maximums, according to the annual Forklog report.