Bitcoin (BTC)
Bitcoin It was founded in the year 2009 by an unknown creator named Satoshi Natamoto. Bitcoin is currently the world’s oldest and most valuable cryptocurrency (Most popular cryptocurrency of all time) and has been a favorite coin of investors for many years. This year also this coin has been showered with love from all the investors. About five years ago, the price of BTC was around $500 (approximately Rs 37,000), and now this coin trades between $48,000-$50,000 (approximately Rs 35.7-37 lakh). This year, Bitcoin crossed the figure of $ 65,000 (about Rs 48.3 lakh) and made its all-time high (Bitcoin all time high 2021). Even El Salvador has declared Bitcoin as legal tender. Many Bitcoin ATMs have been installed in the country. Many big companies have started accepting this coin as payment in El Salvador. Crypto experts believe that the price of BTC may increase to $100K in 2022. Currently the total market cap of Bitcoin is 1 trillion dollars (approximately Rs 74,38,440 crore).
Ethereum (ETH)
Ethereum This year also it was the second most valuable cryptocurrency after Bitcoin. If Bitcoin is considered the gold of the crypto market, Ethereum is considered silver by investors. Many other applications and tokens work on the Ethereum blockchain. This is the reason why this crypto is growing by leaps and bounds. Apps like smart contracts and NFTs are run on this blockchain. November 9 this year also proved to be the best day for Ethereum, when its price reached $4,811 (approximately Rs 3.5 lakh). This was an all time high for this coin (Ethereum all time high 2021).
Solana (SOL)
Solana was a completely new entry in the market this year. In this market full of competition, Solana (SOL) made a splash as soon as it arrived. Due to its super-fast processing speed and cheap transactions, Solana has registered its name in the list of Top 10 Cryptos (Top 10 Cryptocurrencies of 2021), beating everyone in the crypto charts this year. By the end of the year this coin has achieved an increase of more than 11,000% compared to its beginning. On November 6, 2021, its price increased to $ 260 (approximately Rs 20,000). However, currently this coin (Solana price in India) is trading around $189.
Avalanche (AVAX)
The next new entry is Avalanche (AVAX). This coin saw a lot of growth in November 2021. Experts believe that this coin can make its name in the list of most popular digital currencies in the coming few years. This cryptocurrency is more popular because of the AVAX token, which allows high transaction security to connect at a speed of one trillion transactions per second. Currently the price of this coin (Avalanche price in India) is 103 dollars (approximately Rs 7,661).
Shiba Inu (SHIB)
Shiba Inu Deserves to be named in the list of this year’s most popular cryptocurrencies. This meme coin, launched in August 2020, was initially taken as a joke by investors. However, 2021 proved to be very good for this coin. Google Trend data has revealed that this coin has been searched more than Bitcoin. Shiba Inu is giving tremendous competition to Dogecoin. Within a year of its launch, this cryptocurrency saw a tremendous surge in October 2021. Many big companies are also planning to accept the coin as a form of payment. Experts believe that this coin will grow rapidly by 2025.
Binance Coin (BNB)
The token BNB of Binance, the world’s largest cryptocurrency exchange, also became quite popular this year. This token helps Binance users reduce trading fees, and also promotes the Binance Smart Chain. The market cap of BNB is around Rs 6.5 lakh crore.
