Shiba Inu (Up 30% Week) Is Most Viewed Coin Of 2021
Last Updated on 27 December 2021 by CryptoTips.eu
Spotify, the Swedish music streaming service provider, and Shazam, the app that allows you to recognize any song, have for years been trying to claim the position of official playlist provider for pop songs around the world. However, it is hard to compete with the Billboard Hot 100, the US songlist that has been holding the title of world’s most recognized top 100 music playlist for decades now.
Once a ranking is established, its hard to change people’s minds.
Binance understood the importance of lists and rankings very well when they decided to purchase CoinMarketCap back in the first quarter of 2020, just before Bitcoin would start its two-year bull run, thanks to the Covid lockdowns hitting the western world.
By now, as the popularity of crypto has surged and Bitcoin, Dogecoin and Ethereum are household names for most millennials in the western world, CoinMarketCap’s ranking is a daily URL for many investors (certainly when some of them found out this month they were briefly very, very wealthy).
Top five most viewed
As such, it also ranks which crypto coin was the most popular every year. In 2021, with Dogecoin rising to an all-time-high of 75 cents and Elon Musk mentioning it on Saturday Night Live. With Bitcoin reaching an impossibly thought value of $69,000 and Cardano gaining ever more popularity, it was anyone’s guess as to who would win this honor.
In the end, a one year old memecoin stole the prize of ‘most viewed crypto’.
Regardless of ranking, here's what #CoinMarketCap users ended up viewing the most this year! 🔝 🔥 #CoinMarketCapUnwrapped pic.twitter.com/CDP1ZXv5jI
— CoinMarketCap (@CoinMarketCap) December 24, 2021
Shiba Inu (which has risen 30% this past week alone), the Dogecoin killer that briefly took over the spot of biggest memecoin. Before Elon made sure his own favorite coin regained it, was in essence the winner of the year in generating most clicks on the CoinMarketCap website. As it has turned simple investors into sheer billionaires this year, perhaps not that surprising.
The top five was rounded out by Bitcoin, Dogecoin, Cardano and Ethereum.