2021 saw the rise of crypto in various businesses and sectors. Some of the top coins scored even four to five-digit percentage returns. However, the market leader, Bitcoin, did not manage to reach triple-digit returns.
Cryptocurrencies’ Performance in 2021
While the crypto market cap grew by 187.5 percent, Bitcoin only returned 59.8 percent.
The Upsurge of the Ethereum Competitors
Ethereum outdid Bitcoin largely last year, returning up to 399.2 percent. Its possible uses were increased by NFTs and protocols like Olympus (OHM).
However, Ethereum gas fees were raised due to the rise of the network that caused a 50 percent increase in transfers. The prices went from the minimum $20 per transaction to a start of about $40.
On busy network days, they would rise to $100. This rise made the crypto retail crowd shift to other platforms with lower prices.
Platforms like Solana, Avalanche, and Fantom all had 4-5 digit returns and their native coins have managed to climb up the ranks of popular crypto exchanges. This is because these platforms built their NFT markets and decentralized finance ecosystems.
Shiba Inu the Meme Coin
Shiba Inu is fast rising crypto in the current crypto market. It has attracted numerous crypto enthusiasts and the entrepreneur and social media sensation Elon Musk.
Tesla’s founder, Elon Musk, tweeted a Shiba Inu puppy, and it has sent the crypto rising to up to 350 percent in a week. Do not miss out on your chances of getting rich through Shiba Inu.
Following is a guide on how to buy Shiba Inu UK the cheapest way possible.
- Register with e-Toro: Enter your details on the e-toro website to create an account. Choose a username and a password.
- Follow the KYC process: Upload your ID to verify it is you to avoid corruption and fraud.
- Make a deposit: You are then required to fund your account through credit/debit card, e-wallet, or bank wire transfer. $50 is the least amount that you can deposit.
- Buy Shiba Inu: Using the search bar at the top of your screen, search for Shiba Inu. Next to the results, tap trade. The current Shiba Inu price is 0.0002595, and with the amount you deposited, you can buy the units you want. To complete the purchase, tap on the Open Trade button.
The Music Game Changer
Ceek VR is a virtual reality platform attributed to live performances and non-fungible tokens for renowned artists like Lady Gaga, Ziggy Marley, U2, Bon Jovi, and Sting. Last year it made returns of up to 25000 percent. It is believed that it is the future of music streaming, and it will allow creators to monetize their ideas.
GALA
Gala(GALA) grew up to over 40000 percent last year. Community-based form of crypto that is characterized by play-to-earn games. It was the coin with the highest growth. GALA has eight games associated with it, but currently, only one is functional. However, the rest will be made available, and the GALA tokens will work across all the games.
Conclusion
The inter-relation between crypto and games, entertainment, music, and business is increasing. Every sector and industry wants to be in the crypto industry. It would be best not to miss out on this magical opportunity to start growing your wealth.
However, you should carry out thorough research on the performances of each coin and know which to invest in.
