CRYPTOGRAPHIC JOURNEY OF BITCOIN, SHIBA INU AND DOGECOIN DURING 2021

in hive-175254 •  3 years ago 

Cover image by @sidalim88, using public domain image. Source:

Greetings my dear members that pernotate this great platform of @ProjectHOPE, a few days ago I told you about the most outstanding projects during this year that is almost over, this time I want to share with you about the path of 3 cryptocurrencies that were very much mentioned during 2021.

INTRODUCTION

This year there have been certain movements that are important to highlight in the finance of cryptocurrencies, for no one is a secret the highs and lows that the bitcoin has given during the course of the year and no less important we have the result of digital currencies product of meme coin as are Shiba Inu and Dogecoin. Below we will give a brief account of the most important events related to these topics.

BITCOIN VARIATIONS

The bitcoin is considered the most famous cryptocurrency worldwide and as we have been mentioning during 2021 it has experienced a series of positive changes such as its last record reached on November 26 where it obtained a value around 67,000 USD, however, it also went through several declines such as in January where the currency was worth 34,608.56 USD, in September it registered 42,634 USD, in the current month December where so far it is presented at 46,400 USD. But the most outstanding fall of this cryptocurrency was the one recorded in July where it fell to the price of 29,807 USD.

Public domain image. Extracted from:

DOGECOIN

It is a cryptocurrency that originated in 2013, however, during previous years no significant values had been evidenced in the market, a situation that changed in the course of this year, since in May a record in its value of 0.68 USD was observed. This situation is the result of the continuous mentions made by Elon Musk and the support provided by the Tesla SpaceX satellite. So far, this meme coin has a value of 0.17 USD.

Public domain image. Extracted from:

SHIBA INU

Recall that this cryptocurrency is the product of a joke, so it is classified as meme coins, its interest in the market goes hand in hand with the progress that Dogecoin has suffered, which is why in the month of October a rise of 0.00008 USD was evidenced. So far it has been its historical maximum, but many people believe that in the coming year it will increase its value significantly. Currently the value of Shiba Inu is 0.00003 USD.

Public domain image. Extracted from:

FINAL CONSIDERATIONS

Undoubtedly the different changes that have been observed in this year 2021 in relation to the cryptocurrency market Bitcoin, Shiba Inu and Dogecoin, is not a product of the good luck of its investors, they are only cryptocurrencies in which its users trusted and saw their profitability to generate a more stable finances that can ensure their future in 2022 and the years to come.
Until the next installment, dear readers, I only wish you to continue enjoying your Christmas holidays.

MATERIAL CONSULTED

Bitcoin, Dogecoin and Shiba Inu: the most interesting and important events in the cryptocurrency market in 2021 Source:






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