Digital Asset Shuffle 2021: A wide range of crypto market caps have shifted chaotically this yr

Advertisements

2021 was an optimistic year for crypto assets. While prices have risen sharply, the top ten and top twenty rankings have also changed significantly in terms of market capitalization. A large number of coins have either been pushed down or taken into the top positions of the crypto-economy in terms of overall market valuation.

The top positions of crypto assets in 2021 are changing drastically

On December 27, 2020, a historical snapshot of crypto prices on that day shows that Bitcoin (BTC) and Ethereum (ETH) are both ahead of the game in terms of the top two market valuations of crypto assets. This is still true today as both BTC and ETH are the two leading market leaders. However, on December 27, 2020, Bitcoin was valued at $ 26,272 per unit and BTC had a market capitalization of $ 488 billion. Additionally, Ethereum changed hands on the same day for $ 682 per unit and had a market cap of around $ 77.8 billion.

The top ten digital currencies as of December 27, 2020 according to coinmarketcap.com’s historic top coin index.

Fast forward to the December 26, 2021 stats, and BTC was trading for $ 50,809 per unit and had an overall market valuation of around $ 960 billion. ETH traded for $ 4,067 per coin on December 26, 2021 and held a market capitalization of around $ 483 billion. We know prices have changed since December 27, 2020, but BTC and ETH still lead the way in terms of the top crypto positions. On the other hand, the rest of the top 20 coins were shuffled like a deck of cards.

Digital Asset Shuffle 2021: A variety of crypto market caps have shifted chaotically this yearThe top ten digital currencies as of December 26, 2021 according to coinmarketcap.com’s historic top coin index.

Tether (USDT) held the third largest market position last year and has risen to become the fourth largest crypto asset in terms of market valuation today. Last year, xrp (XRP) ranked fourth, but today XRP has risen to the seventh largest crypto coin position. A year ago, Litecoin (LTC) was the fifth largest crypto asset in terms of overall rating, but LTC has fallen back to 19th place. Similarly, Bitcoin Cash (BCH) had the sixth largest market valuation last year, but on December 26, 2021, BCH was hovering around 25th place.

Binance Coin (BNB) was able to expand its market position and is the third largest market as of December 26th, but a year ago BNB’s market capitalization held the seventh largest position. Chainlink (LINK) was in eighth place last year, but on December 26th, LINK dropped to the 20th coin market capitalization ranking. Cardano (ADA) hovered around the ninth largest market position last year but has moved up to sixth within a year. After all, Polkadot (DOT) was the 10th largest market and held that position on December 26th.

The new additions to the top ten include terra (LUNA) in ninth place, USDC has entered the eighth largest coin market capitalization ranking and solana (SOL) is now fifth. LUNA’s market capitalization was 67th last year, USDC was ranked 11th, and SOL was ranked 139th on December 27, 2020.

In addition to the top ten ranking, a large number of tokens from places 10 to 20 were also shuffled this year. Many coins moved forward and a multitude of tokens dropped the positions they once held last year. It shows that 12 months in the world of crypto can change things drastically.

Tags in this story

ada, Bitcoin, bitcoin cash, bnb, BTC, Cardano, Crypto Asset, Crypto Assets, Crypto Coins, DOT, ETH, Ether, Ethereum, LiNK, Litecoin, LUNA, Polkadot, SOL, Solana, Terra, Tether, Top 10, Top 20, USDC, USDT

What do you think of the top ten shake that happened this year? Let us know what you think on this matter in the comments below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a Florida-based financial tech journalist. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for bitcoin, open source code and decentralized applications. As of September 2015, Redman has written more than 5,000 articles for Bitcoin.com News on the disruptive protocols emerging today.

Photo credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer of liability: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement for any product, service, or company. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author are directly or indirectly responsible for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on the content, goods or services mentioned in this article.

More popular news

In case you missed it


Share post on

Sonic BTC is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

Brazilian Senate Approves Cryptocurrency Legislation Venture Bitcoin

Brazilian Senate Approves Cryptocurrency Legislation Venture

The Brazilian Senate has approved a recently presented cryptocurrency policy, advancing the project to...

By wpadminsonic164
Whale Watching: A Deep Dive Into the Portfolios of the World’s Largest Ethereum Whales Bitcoin

Whale Watching: A Deep Dive Into the Portfolios of the World’s Largest Ethereum Whales

While there's a number of bitcoin whales that often get caught by blockchain parsers...

By wpadminsonic164
Iran to pilot ‘nationwide cryptocurrency’, think about blockchain expertise for inventory market Bitcoin

Iran to pilot ‘nationwide cryptocurrency’, think about blockchain expertise for inventory market

The Central Bank of Iran plans to launch the pilot phase of its digital...

By wpadminsonic164
Bitcoin’s Recreation Principle Has Countless Potentialities Bitcoin

Bitcoin’s Recreation Principle Has Countless Potentialities

Read "A Look At The Game Theory Of Bitcoin," the first part of this...

By wpadminsonic164
Digital Bitcoin Occasion Keyfest takes place in January Bitcoin

Digital Bitcoin Occasion Keyfest takes place in January

Casa, a Bitcoin security company, will host a virtual festival that will celebrate the...

By wpadminsonic164
Inventory Trade of Thailand to Launch Digital Asset Trade ‘Very Quickly’ Bitcoin

Inventory Trade of Thailand to Launch Digital Asset Trade ‘Very Quickly’

The Stock Exchange of Thailand is getting ready to launch a digital asset exchange....

By wpadminsonic164
Finance guru Dave Ramsey says crypto is “enjoyable”, stays right here and may be a part of portfolios Bitcoin

Finance guru Dave Ramsey says crypto is “enjoyable”, stays right here and may be a part of portfolios

Finance guru Dave Ramsey says crypto is "fun" and can be a small part...

By wpadminsonic164
Offchain Labs launches Arbitrum One Mainnet – startup raises $ 120 million Bitcoin

Offchain Labs launches Arbitrum One Mainnet – startup raises $ 120 million

On August 31, 2021, Offchain Labs announced the official launch of the Arbitrum One...

By wpadminsonic164

Latest Posts

Cardano Devs IOG Shared First Details of Third-Party Codebase Audit – U.Today Cardano

Cardano Devs IOG Shared First Details of Third-Party Codebase Audit – U.Today

Vladislav Sopov Input Output Global's peer-to-peer networking infrastructure underwent stress tests: engineers content Very...

By wpadminsonic164
5 Trillion Shiba Inu Selling | Luna Delisting | China & Bitcoin Videos

5 Trillion Shiba Inu Selling | Luna Delisting | China & Bitcoin

Hey Everyone Kaise hain aap Sab Telegram Channel - https://t.me/oyeeerahul1 Twitter - https://twitter.com/oyeee_rahul SIP...

By wpadminsonic164
Digital currency Prices Today May 19: Bitcoin drops, Ether stoops more than 4%; Polkadot greatest drag – Moneycontrol Polkadot

Digital currency Prices Today May 19: Bitcoin drops, Ether stoops more than 4%; Polkadot greatest drag – Moneycontrol

a,.special_wrapbx a{color:#333;font:400 11px Lato,sans-serif}.user_after_login a, .user_before_login a {color: #333333;font: 11px 'Lato',sans-serif;}.dropdown-menu{display:none;background-clip:border-box!important}.header_desktop .dropdown-menu>li{border-bottom:1px solid #e9e9e9}.header_desktop...

By wpadminsonic164
XLM Price Analysis: Bearish feeling yet to die down for Stellar – The Coin Republic Stellar

XLM Price Analysis: Bearish feeling yet to die down for Stellar – The Coin Republic

No result View All Result © Copyright 2022. The Coin Republic Are you sure...

By wpadminsonic164
Crypto Flipsider Information – Crypto.com Suspends Withdrawals, Loses $15M, Binance’s Thai Alternate, $792M in BNB Burned, EIP-1559 Dwell on Polygon, Spain and Singapore Crypto Advert Ban, Bulgaria and UK Prime Crypto Holding by DailyCoin – Investing.com Binance

Crypto Flipsider Information – Crypto.com Suspends Withdrawals, Loses $15M, Binance’s Thai Alternate, $792M in BNB Burned, EIP-1559 Dwell on Polygon, Spain and Singapore Crypto Advert Ban, Bulgaria and UK Prime Crypto Holding by DailyCoin – Investing.com

Crypto Flipsider News – Crypto.com Suspends Withdrawals, Loses $15M, Binance's Thai Exchange, $792M in...

By wpadminsonic164
Larry Ellison, Binance and Sequoia back Elon Musk’s $44bn Twitter offered – Financial Times Binance

Larry Ellison, Binance and Sequoia back Elon Musk’s $44bn Twitter offered – Financial Times

Elon Musk has raised $7.14bn of funding for his $44bn buyout of Twitter from...

By wpadminsonic164
New cryptocurrency race for the place of the Dogecoins – The 1000% positioned HUH token, the thetan enviornment and the magic token |  BTCMANAGER – BTCMANAGER Dogecoin

New cryptocurrency race for the place of the Dogecoins – The 1000% positioned HUH token, the thetan enviornment and the magic token | BTCMANAGER – BTCMANAGER

HUH token, Thetan Arena and Spell Token have proven to be hugely popular, although...

By wpadminsonic164
Cardano Whale Transactions Hit 4-Month High – The Coin Republic Cardano

Cardano Whale Transactions Hit 4-Month High – The Coin Republic

ADA Price at the time of writing – $0.5604It's market cap is down by...

By wpadminsonic164