A myriad of crypto market cap positions have moved chaotically this year – Bitcoin Planet markets and prices

2021 has been a bullish year for crypto assets. As prices have gone up a lot, the top ten and top twenty rankings in terms of market capitalization have also changed significantly. A large number of coins have either been reduced or entered the top positions in the crypto economy in terms of overall market valuation.

Top crypto asset positions of 2021 change dramatically

On December 27, 2020, a historical snapshot of crypto prices on that day shows that bitcoin (BTC) and ethereum (ETH) are both leading the pack when it comes to the top two valuations in the crypto asset market. . This is still true today, as BTC and ETH are the two main market leaders. However, on December 27, 2020, the value of bitcoin was $ 26,272 per unit and BTC had a market cap of $ 488 billion. Additionally, Ethereum was changing hands for $ 682 per unit on the same day and had a market cap of around $ 77.8 billion.

The top ten digital currencies as of December 27, 2020, according to the historical index of the best coins of coinmarketcap.com.

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

2021 digital asset shuffle: A myriad of crypto market cap positions have changed chaotically this year
The top ten digital currencies as of December 26, 2021, according to the historical index of the best coins from coinmarketcap.com.

Tether (USDT) held the third position in the market last year and today it has risen to the fourth largest crypto asset in terms of market valuation. Last year xrp (XRP) was in fourth place, but today XRP has moved up to seventh place among cryptocurrencies. A year ago, Litecoin (LTC) was the fifth crypto asset in terms of overall valuation, but LTC has fallen to 19th place. Likewise, bitcoin cash (BCH) held the sixth highest valuation in the market last year, but on December 26, 2021, BCH was hovering around the 25th rank.

Binance coin (BNB) managed to increase its position in the market and is the third largest market as of December 26, but a year ago BNB’s market cap was in seventh place. Chainlink (LINK) was in eighth place last year, but as of December 26, LINK fell to 20th in coin market caps. Cardano (ADA) was hovering around ninth position in the market last year, but has risen to sixth in a year. Finally, the polkadot (DOT) was the tenth largest market and also occupied this position on December 26.

New additions to the top ten rankings include terra (LUNA) at ninth, the USDC entered eighth in coin market capitalizations and solana (SOL) ranks fifth today. Last year, LUNA’s market cap was 67th, USDC was 11th, and SOL was 139th on December 27, 2020.

In addition to the top ten in the standings, a large amount of chips from tenth to 20th has also moved a lot this year. Many coins have progressed and a myriad of tokens have relinquished the positions they once occupied last year. It shows that 12 months in the crypto world can make a big difference.

Tags in this story

ada, Bitcoin, bitcoin cash, bnb, BTC, Cardano, Crypto assets, 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 revamped top ten that took place this year? Let us know what you think of this topic in the comments section below.

Jamie redman

Jamie Redman is Head of News at Bitcoin.com News and a FinTech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open source code, and decentralized applications. As of September 2015, Redman has written over 5,000 articles for Bitcoin.com News on the disruptive protocols emerging today.

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