In terms of market value, the top two crypto assets, Bitcoin and Ethereum, both set record highs in 2021, rising 67% and 450%, respectively. However, they are not the biggest crypto market winners this year. Let’s take a look at what are the best performing crypto assets in 2021?
Lido Staked ETH (stETH)
stETH is the 1:1 native token of the Lido platform, which allows users to pledge their ETH without technical lock-in. These tokens are minted when users deposit ETH and burned when they are redeemed. The mortgage agreement of the Lido platform is managed by Lido DAO.
As of December 15, the market value of stETH has increased by 48,633%, from $12.3 million in early January to $6 billion.
SOL is the native token of the Solana network. It can be used to pay transaction fees and mortgages. The increase in the price of SOL and the development of the Solana ecosystem are the reasons why Solana has become the best token of the year.
As of December 15, the price of SOL has risen from US$1.84 in early January to US$178.26, an increase of 9588%.
Shiba Inu (SHIB)
SHIB is an ERC-20 token on the Ethereum network, established in August 2020. It was created to imitate Dogecoin, but it has surpassed Dogecoin to become the top memecoin.
As of December 15, the price of SHIB has increased by 42,349,900%, from 0.00000000008 US dollars in early January to 0.00003388 US dollars.
MicroStrategy is a business intelligence and software company at the helm of Michael Saylor. As of December 16, the company had 122,478 bitcoins.
As of December 15, MSTR’s stock price has risen from US$425.22 in early January to US$598.59, an increase of 41%.
NVIDIA was founded in 1993 and is a multinational technology company. The company produces dedicated graphics processing units (GPUs) used by crypto miners, such as NVIDIA CMP HX. Its NVIDIA GeForce RTX 2070 is an older GPU that is also very popular among crypto miners.
As of December 15, NVDA’s stock price has risen from US$131.04 in early January to US$304.59, an increase of 141%.
Marathon Digital Holdings (MARA)
Marathon Digital is a Bitcoin mining company headquartered in Las Vegas. The company was founded in 2010 and is the parent company of Australian software manufacturer Uniloc. It wasn’t until 2021 that the company really switched to Bitcoin and purchased a large number of mining machines.
As of December 15, MARA’s stock price has risen from 11.01 US dollars in early January to 38.73 US dollars, an increase of 252%.
Posted by:CoinYuppie，Reprinted with attribution to:https://coinyuppie.com/what-are-the-best-performing-crypto-assets-in-2021/
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