Five coins that saw huge gains in 2021

cointelegraph.com:

The year 2021 was unprecedented for crypto, with Bitcoin (BTC) and Ether (ETH) gaining 60.58% and 408.5% throughout the year, respectively. For the latter, the explosion of decentralized finance (DeFi), nonfungible tokens (NFTs), decentralized applications (DApps) and decentralized exchanges (DEXs) built on its blockchain created a whole new digital currency cyberspace encompassing all corners of the world.

But, the year was also an auspicious one for altcoins, whose performance far outweighed that of BTC and ETH during the same time period. So, without further ado, let's look at five cryptocurrencies that went from zero to hero in 2021.

Of course, at the top place is the iconic meme token Shiba Inu (SHIB). Originally created as a joke and as a spin-off from Dogecoin (DOGE) in August 2020, SHIB holders recognized a mouth-watering gain of 29,513,624.1% from start to finish in 2021. But the network has evolved far outside of meme status. There is now a ShibaSwap DEX with close to $324.5 million in total value locked (TVL) at the time of publication, with two other native tokens and support for NFT drops.

Then again, the memes have also been flying high this entire time. Last October, CEO of AMC Entertainment Adam Aron organized a Twitter poll asking if the well-known movie theatre chain should accept SHIB tokens as payment for movie tickets. The poll garnered 153,100 votes, with 81.4% of users in favor.

TWITTER POLL #2: As you know, you can now purchase AMC gift cards using cryptocurrency, and our IT group is writing code so that soon we can accept online payments in Bitcoin, Ethereum, Litecoin and Dogecoin among others. Should we strive to take Shiba Inu too?

And, loyal to the cause, soldiers of the “Shiba Army” have proven