Trading digital assets give investors a shot at making massive profits in the financial sector. This is because digital assets, though volatile, have been known as a strong source of income. With more coins and tokens hitting new heights, traders pick them up along the way and add them to their portfolios. Besides having a very strong trading strategy to navigate the crypto market, traders must always have a knack for diversifying their portfolios. Traders in the sector have earmarked this one move as the surest bet to make massive profits. In this article, we will be looking through a list of the top 5 tokens that have made the highest profits in the market since the beginning of 2021.
Top 5 Tokens that have Boomed the most in 2021
2021 didn’t come without bringing its travails and wins for the tokens in the crypto market. Although most of the tokens entered the year on a sweet note, only a few can boast of sustaining till this period. While acknowledging that the usual top dogs failed to make this list, below is a list of the top 5 tokens that recorded the most profits since the beginning of 2021.
Shiba Inu (SHIB)
Shiba Inu was built to rival Dogecoin. It is an Ethereum-based altcoin that has seen its value astronomically rise in 2021. It was created in 2020 as a meme coin by an individual or team called Ryoshi. The altcoin is called Shiba Inu because its Mascot features the Japanese breed of hunting dogs. However, despite coming to the limelight in 2020, it appears that 2021 was the year of the Dogecoin killer.
In October 2021, the market capitalization rose by 1,000% to stay at $35 billion. Tesla CEO Elon Musk has been one of the token’s price influencers. The tweets of the businessman have always triggered a rise in the value of the token. In those periods its trading volume has risen more than 1000% since the beginning of the year.
Unfortunately, with the volatility of the crypto, the same amount of token is worth about $35 in today’s price. However, that should not sway investors away from the progress of SHIB. The token is currently ranked as one of the best tokens of the year and is expected to continue to do wonders in 2022.
The altcoin is currently listed on top exchanges like Kucoin, Coinbase, and Binance. Also, it is currently enjoying massive listings from more exchanges across the world.
Cocos-BCX (COCOS)
COCOS is the native token of the Cocos-BCX public Blockchain. It aims to provide an enabling environment for Blockchain game developers. COCOS is another Ethereum-based altcoin that has seen its performance increase this year. COCOS has a token circulation of 42,015,868 COCOS coins and a max supply of 100,000,000 tokens. With that, COCOS has been ranked as one of the most performing coins of 2021.
Despite trading for about $1.5 at the beginning of the year, the token reached an all-time high (ATH) of $5.44 in November 2021. The token has since moved up from its all-time low of $0.00018783 in March last year. It has also thrived beyond expectation. Popular Crypto analytics website- Coinmarketcap currently ranks the altcoin as the 424th token in the crypto market. Presently, the market cap of the token has risen more than $97,390,421.21.
The coin is currently listed on crypto exchanges like ByBit, Binance, and Kucoin. Crypto analysts believe that 2022 will witness the dominance of the digital assets, as its current price of $2.3 is still off expectations.
EurocoinToken (ECTE)
Euro coin is a SHA256 cryptocurrency that operates on a community-based standard of value. It uses peer-to-peer (P2P) networking as the means of conducting transactions. Its token- ECTE, was created to help users complete micropayment and international transactions. Despite trading at a little below $0.1 in January 2021, the token reached its ATH of $1.04 in September 2021. The token saw a gain of more than 1000% gain.
Being one of the biggest gainers of 2021, as it has seen its 24hour trading volume hit as high as $90,194,988,911. However, the token has seen its price fall since October and currently trades around $0.23. Meanwhile, investors still have a plethora of expectations surrounding the cryptocurrency. Most of them believe the token with a market cap of $2,136,594,257,632, the token still has a lot to offer in 2022.
The token is currently listed on crypto exchanges like ByBit, Binance, and Kucoin. These platforms allows investors to buy, sell or trade the token.
KickToken (KICK)
Launched in 2017, KICK is the central currency of the Ethereum-based Kick Ecosystem. The Kick Ecosystem prides itself on FinTech tools to ensure that its users enjoy optimum financial services. The ecosystem has an exchange, a referral program, STO listing, a messaging service, and a multicurrency wallet. The KICK Ecosystem also appears to be everything a user needs. However, while the success of the entire franchise is commendable, the remarkable achievements of the token make the headline.
The market has seen its price increase by more than 500% since the beginning of the year. According to the Crypto analytics website- Coingecko, the coin’s total supply is around 1,435,368,752, with an average 24hour trading volume above $614,493. The token currently trades around $0.0038, as crypto analysts predict that the mintable token will continue to thrive in 2022.
Kick is pretty unpopular among the crypto elites, so it has not enjoyed the listing that other tokens have enjoyed. The coin is currently listed on exchanges like Bitmart, Binance, and Bitglobal.
Kirobo (KIRO)
Popularly known for their “Undo Button” for crypto transactions related to BTC, ETH, and KIRO, Kirobo is an Israeli Blockchain firm known for granting its users optimum freedom to manage their transactions. KIRO is the native currency of the Blockchain and is used by both developers and users to complete seamless transactions.
Coincidentally, the success of Kirobo has positively impacted KIRO, as the token is ranked as one of the biggest gainers this year in the Crypto market. Despite the high price volatility of altcoins this year, the token reached its ATH of $0.68 this year (July), much to the delight of investors.
The digital asset now boasts a market cap of $124,051,180, with an average 24hour trading volume over $769,997. According to CoinMarketCap, the token currently trading more than $0.52 is one of the top five performers amongst altcoins this year, despite a fall in the July 2021 ATH. However, like every top coin this year, crypto analysts and investors are very optimistic about the future of KIRO, as the token is expected to continue to dominate in 2022.
The token is listed on more than 50 crypto exchanges, including Kucoin, Huobi, Binance, and Coinbase.
Conclusion
The growth of the crypto market in 2021 has been tremendous, as many digital assets thrived during the year. Crypto assets like Binance Coin (BNB), Tether, Solana (SOL), Cardano (ADA), and Polkadot (DOT) are examples of tokens that also made their marks this year. However, while it appears that a bull run is near, Crypto analysts predict that top leading assets like Bitcoin and Ether will join 2021’s leading altcoins to witness a massive upturn in fortunes.
