Report: GameFi tokens lead growth in 2021

Among mid-cap assets, the most impressive momentum in 2021 was shown by GameFi-segment tokens, as well as alternative L1 networks, according to annual report ForkLog.

The top-10 movers by price growth included:

Bitcoin rose 60% over the year, Ethereum — nearly 400%.

Among DeFi tokens, the best performance was shown by the native on PancakeSwap on the Binance Smart Chain — over 12 months the price CAKE rose by 1706%. The Loopring scaling solution token gained 1077% over the corresponding period.

Publicly traded cryptocurrency-related stocks mostly posted impressive returns over the year. However, some pared gains toward year-end as the market cooled.

Ebang, a maker of mining hardware, saw its shares fall 83% over the year, while its competitor Canaan declined 15%. The stocks of North American miners Marathon Digital and Hut 8 rose by 214% and 185%, respectively.

Sponsor of the ‘Bitcoin Industry in Numbers’ column — the global blockchain ecosystem Binance.

As reported, Bitcoin and Ethereum reached all-time highs on November 10, 2021. Digital gold hit $69,000, the second-largest cryptocurrency neared $4,870.

On January 6, 2022, the price of Bitcoin fell below $43,000. On January 10, the rate slid below $40,000.

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