@BOMBERuss 1 January 2022 more from that month

The cryptocurrency market ended 2021 with 16,233 types of digital assets, whose rates are tracked by the CoinMarketCap website. At the beginning of the past year, the exchanges traded 8,153 types of various tokens and altcoins. The activity of developers has actually doubled the number of cryptocurrencies over the past 12 months, digital assets appeared on the sites at an average rate of 21 tokens per day. The last 60 days of the year have become the most productive, during this period 3,000 new decentralized projects with their own token appeared, while from January to October the remaining 5,000 new types of coins were released. The explosive expansion of the number of digital currencies is due to investment and technological factors. Last year was a record year in terms of the amount of funds invested in crypto projects by venture investors, who spent $27 billion, including on the direct purchase of tokens. Issuing a service cryptocurrency and selling it to receive financing for the development of the project (ICO) has already become standard practice, but in 2021 tokens give the right to vote, i.e., real management of the ecosystem development. In addition, the outgoing year has streamlined this crowdsale process, protecting retail investors from the 2017 scam by transferring fundraising to centralized platforms (IEO) and decentralized launchpads (IDO). The past year was remembered by investors with a record capitalization of $3 trillion in cryptocurrencies, but unlike in previous years, #Bitcoin's contribution to the annual growth of digital assets has decreased to minimal values. A sharp change in the composition of the list of top 35 altcoins and tokens has become another phenomenon of 2021. Messari analysts have compiled a "rating of rockets" that have increased their value by tens of thousands of percent, taking places in the club of coins with a capitalization of $ 5 billion. The top five were taken by the virtual game Axi Infinity, the Metaverse project - The #SandBox and #Decetraland, the #Polygon protocol for scaling Ethereum and its competing projects Terra and Fantom. Investors who invested in the tokens of the listed projects increased their investments 13 or 16 times over the year. The profits are in the second five of the Massari rating, much lower. The leader in the number of percentages of growth was #Ethereum's competitor, the Solana blockchain, which took 6th place. Decentraland virtual universe took the 7th place with a result of growth of + 4000%. Of particular note is the inclusion of Dogecoin and Shiba Inu copper coins in this rating. The growth of cryptocurrencies by 3000% and 1500% was due only to the fact that they contain a dog meme in the image, which became popular thanks to the promotion of this topic in social networks. The main unwitting ambassador of the meme was Elon Musk, who supports Dogecoin with tweets on this topic, who bought his children a #DOGE miner and a puppy of the #Shiba Inu breed.