These cryptocurrencies doubled in price (or even more) in one year


Key facts:
  • The list makes up Dogecoin (DOGE), ether (ETH), Solana (SOL), and MATIC.

  • There is no alternative currency season, despite these records.

The cryptocurrency market is characterized by several things. But one of them, and perhaps the most enthusiastic attraction of this world, is the number of coins with extreme price increases, very high, in a short time.

Last year, there is a list 30 coins belong to the top 100 in the market Which not only made big increases: it, at least, doubled its market value in that period.

Shiba Inu (SHIB) tops the list, according to CoinParticle records. As mentioned earlier in CriptoNoticias, the cryptocurrency has seen a significant increase in the one-year range, Its price has doubled by more than 200,000%.

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In fact, at its highest point, its value had risen to 800,000%. Thus, every dollar invested at the low point of around 8000 during the heyday of the crypto-currency meme competing with Dogecoin (DOGE).

If we point out the most winners of the last year, behind the Shiba Inu there is another phenomenon of the biggest phenomena in this market: Axie Infinity, whose AXS token is valued at over 3800%.

Shiba Inu (SHIB) and Axie Infinity (AXS) have dominated the altcoin market in the past year. Source: CoinParticle.

We also find among these cryptocurrencies Solana (SOL) or MATIC. The latter two have risen more than 600% in that period. DOGE is one of the most popular cryptocurrencies that has doubled in value of the market in the last 365 days, an increase of more than 170%. Also featured in the list are Ether (ETH) and Ethereum Classic (ETC).

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Bitcoin continues to lead the market

Despite the high returns of many major cryptocurrencies other than Bitcoin (BTC), There is currently no altcoin season. This Blockchain Center logs appear with its index tsunami.

Altcoin season is the time when a group of Bitcoin altcoins dominate the market. The indicator measures the first 50 from the top. And when at least 75% of them have outperformed BTC over a three-month period, it’s altcoin season. This is not currently the case, With only 22% of those cryptocurrencies outperforming BTC in percentage terms.

There’s even no “alternate year” either, regardless of the numbers we’ve seen in this article. However, for the one-year record, there is an even greater convergence of dominance by cryptocurrencies: 63% outperform BTC in this time scale.

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