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Etoro Shows The Best Cryptocurrencies Of 2021: Btc In The Head, But There Is Also Shib

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Despite the period of deep decline that saw Bitcoin go under 40,000 dollars, 2021 for the cryptocurrencies market was to say the least extraordinary for the big coins but also for some outsiders.

EToro also made the most of the last 12 months of the market, highlighting how Bitcoin “has recorded a 223% increase in open positions on the platform,” marking a historic year for blockchain technology and the whole market. Not only BTCs are growing and among the winners of 2021 we find Cardano, Ether and Dogecoin.

In particular, the year of TRON was just as extraordinary, with 661% increase in open positions, followed by a narrow turn by IOTA to 514% and Stellar to 468%. Among the most popular altcoins of the last months, Dogecoin and Shiba Inu are also in TOP 10, respectively in fourth and seventh place.

Simon Peters’ comment, Crypto Market Analyst by eToro, was: ” 2021 was a year

epochal for cryptocurrencies, with Bitcoin and Ether reaching the highest historical in addition

of an opportunity. From El Salvador who adopted it as a national currency, on the arrival of the

ETF and institutional adoption, bitcoin is now firmly rooted in the universe of

investment’.

The new year welcomed the platform in Decentraland (MANA), Solana (SOL) and Chainlink (LINK), and all three managed to get into the top twenty crypto-assets. The overall ranking of the top ten positions of eToro’s cryptocurrencies for investors’ openings, updated at 31 December 2021, is this:

Bitcoin (BTC) Cardano (ADA) Ether (ETH) Dogecoin (Doge) XRP (XRP) TRON (TRX) Shiba (SHIB) Stellar (XLM) IOTA (MI

The new year is also looking to be a flourishing sector, with El Salvador’s president previewing the $100,000 for BTC and the world of politics that finally seems oriented towards greater regulation of the market.

We remind our readers that none of the information published on this platform has a different purpose than information, dissemination and entertainment. None of this is in any way an investment council.

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