2021 has largely been the year of crypto. The industry has generally registered excellent growth. But despite this, some projects or coins have blown everyone else out of the water. Here are some highlights:
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Overall returns in cryptocurrency outperform other asset classes by a huge margin
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Although it may seem like it is too late to buy these high rise coins, in reality it is not.
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There could be further growth from the cryptocurrency space in 2022 and beyond.
Well, here are our coin picks that have shown exemplary performance this year but still offer enough bounce for more growth.
solana
solana Often dubbed the Ethereum killer. The project is designed to give developers an alternative to Ethereum and is growing. New projects are rolling out on Solana, and the network is promising users lower fees, better speeds, and overall blockchain efficiency.
Data Source: Tradingview.com
Solana (SOL) has performed the best in 2021 with a gain of over 12000%. But there is a lot more to come from this token in the years to come. In fact, some experts believe that SOL will reach $1000 by 2027. At the time of writing, the coin was selling for $175.
Cardano (ADA)
Cardano (ADA) Has also been one of the main actors of the year. The coin is currently ranked among the top ten cryptos in the world in terms of market capitalization. At the time of writing, it was trading at around $1.37. ADA has really lost momentum as we approach the end of the year.
After an explosive start in 2021, the coin was on course to rise by over 1500%. But the crypto market corrections we saw in November and December have eaten away at those gains. As a result, ADA will return approximately 675%. This is still a decent return, but more than that, it means that the coin may still rise further in the future.