As we are about to move in 2022, let’s have a close look at the best performing cryptocurrencies of 2021. The year 2021, will be known for the tremendous growth seen in the popularity of cryptocurrencies.
Bitcoin, Ethereum, and other popular crypto have broken the all-time high. The first ETF appeared to give institutional investors access to the world of cryptocurrencies investment. The world’s first Bitcoin nation came into existence.
New concepts in the crypto space popped up like decentralized finance Defi, Non-fungible tokens NFT, decentralized autonomous organizations DAO, metaverse. And the meme coins like Doge, Shiba Inu, Fluki Inu became a crypto paradise for many users.
In 2021, the total crypto market capitalization grew from $750 billion to more than $3 trillion.
In the cryptocurrency world, many people are wondering what is the best performing cryptocurrencies by percentage gain in 2021. As there are more than 7000+ cryptocurrencies, we narrowed it down to the 10 best performing cryptocurrencies based on their growth and market capitalization.
Best Performing Cryptocurrencies of 2021
10. Decentraland MANA
MANA jumped 3761.33% giving investors a huge returns on their investment in 2021.
MANA ranks at 56 position currently as per the market value, with a current price of $3.23
Decentraland defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications.
Decentraland (MANA) is a virtual reality platform that allows users to create, experience, and monetize content and applications.
Decentraland (MANA) is powered by the Ethereum blockchain network.
In this virtual world, users purchase plots of land that they can later navigate, build upon and monetize.
The original total supply was set at 2.8 billion MANA, but has been reduced as more than 600 million MANA have been burned as a result of LAND auctions.
9. Harmony ONE
Harmony ONE jumped 5566.63% giving investors a huge returns on their investment in 2021.
Harmony ONE ranks at 56 position currently as per the market value, with a current price of $0.2404
Harmony is a Blockchain platform that allows users to create and use decentralized applications.
The idea behind this protocol is that it will innovate the way decentralized applications work by focusing on a specific mechanism called random state sharding. This allows blocks to be generated in seconds.
Harmony (ONE) has a maximum supply of 12,600,000,000 tokens. As of February 2021, there are around 9,486,327,268 tokens in circulation on the market.
8. Kadena KDA
KDA jumped 7298.20% giving investors a huge returns on their investment in 2021.
KDA ranks at 73 position currently as per the market value, with a current price of $10.71
Kadena is a company founded on the idea that blockchain could revolutionize how the world interacts and transacts.
But to get to mass adoption, the blockchain technology and the ecosystem connecting it with business world needed to be reimagined from the ground up.
Kadena KDA has 161,963,146 KDA coins in circulation at the moment and a total supply of 1,000,000,000.
7. Solana SOL
SOL jumped 9605.36% giving investors a huge returns on their investment in 2021.
SOL ranks at 5 position currently as per the market value, with a current price of $178.83
Solana is an open-source project that relies on blockchain technology to provide decentralized finance solutions.
The Solana protocol is created to allow developers to easily create decentralized apps.
Solana improves the scalability by utilizing proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus.
The Solana Foundation has announced that they will be releasing 489 million SOL tokens in total, of which 260 million have already been in circulation.
6. Fantom FTM
FTM jumped 9793.20% giving investors a huge returns on their investment in 2021.
FTM ranks at 41 position currently as per the market value, with a current price of $1.70
Fantom is a DAG- directed acyclic graph, providing a smart contract platform.
Fantom provides decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.
The total supply of FTM is 3.175 billion tokens, of which 2.13 billion FTM is currently in circulation. The rest will be released subject to a schedule running through 2023.
5. Terra LUNA
LUNA jumped 13277.94% giving investors a huge returns on their investment in 2021.
LUNA ranks at 9 position currently as per the market value, with a current price of $87.42
Terra is a new blockchain protocol for global payment transactions. It uses fiat-pegged stablecoins to create a stable global payment system.
Terra will have a 1 billion LUNA supply. If this balance is exceeded, the excess LUNA will be burned until it reaches its equilibrium supply level again.
Terra use protocol’s to mint new LUNA tokens, to maintain the price of Terra stablecoins.
4. The Sandbox SAND
SAND jumped 13592.70% giving investors a huge returns on their investment in 2021.
SAND ranks at 38 position currently as per the market value, with a current price of $5.07
The Sandbox is a virtual blockchain-based world, allowing users to create, build, buy and sell digital assets as if they are part of a game.
Using The Sandbox’s free software, such as VoxEdit and the Game Maker, players, artists and game designers can create ASSETs and experiences, such as games, dioramas and art galleries, for themselves and to share with others.
There is a maximum and total supply of 3,000,000,000 SAND tokens. As of March 2021, there was a circulating supply of 680 million SAND tokens out of the 3 billion available (23% of the total).
3. Polygon MATIC
MATIC jumped 14082.44% giving investors a huge returns on their investment in 2021.
MATIC ranks at 13 position currently as per the market value, with a current price of $2.53.
Polygon (formerly Matic Network) is the first well-structured, easy-to use platform for creating scaling Ethereum infra & applications.
It scales without compromising security and provides developers with tools to build better infrastructure. Polygon SDK is a modular, flexible framework that supports creating multiple types of applications.
Polygon effectively transforms Ethereum into a scalable, full-fledged, multi-chain system.
The MATIC tokens are emitted on a monthly basis. Currently, the circulating supply is 4,877,830,774 MATIC tokens while the max supply is 10,000,000,000 MATIC coins.
2. Axie Infinity AXS
AXS jumped 17060.27% giving investors a huge returns on their investment in 2021.
AXS ranks at 28 position currently as per the market value, with a current price of $101.70.
Axie Infinity is a trading and battling game that is partly owned and managed by its players.
Axie Infinity is an Ethereum-based game in which players can collect, breed, raise and battle with Axies.
While Axie collection can be done without Ether, player must have a stake to take part in the other aspects of the game.
Axie Infinity (AXS) tokens have a total supply of 270 million tokens. Around 53.5 million are currently in circulation.
1. Gala GALA
GALA jumped 46365.37% giving investors a huge returns on their investment in 2021.
Gala ranks at 47 position currently as per the market value, with a current price of $0.4775.
Gala Games offers an opportunity to take the gaming industry in a different direction by giving players more control over how they play.
Players can also own non-fungible tokens (NFTs) and play an active role in governance of games, by voting for game creators or providing advice for future designs
The maximum total supply is set to be 35 billion GALA tokens. There are currently about 7 billion GALA in circulation.
Disclaimer: This article is for educational purposes only. Cryptogurukul has no relationship to these projects, and there is no endorsement for these projects. The information provided through this artcile does not constitute advice or recommendation of investment or trading. CryptoGurukul does not take responsibility for any of your investment decisions. Please seek professional advice before taking financial risks.
