市场见解

These were the 5 worst crypto assets to hold in 2021

Despite greater mainstream acceptance, digital assets remained highly volatile in 2021.
The post These were the 5 worst crypto assets to hold in 2021 appeared first on The Motley Fool Australia. –

Crypto investors will, broadly, have enjoyed some significant price gains in the year just past.

While those gains certainly didn’t come in a straight line, with plenty of gut churning dips along the way, the top altcoins in 2021 delivered some jaw dropping gains, as we discussed here.

Of course, not every crypto gained last year.

Below, we take a look at the 5 worst performing tokens of the year.

As with our top performers, to eliminate the large potential price moves from tiny altcoins, these 5 come from the list of top 100 tokens by market cap and are sourced from data by CoinMarketCap.

2021’s fourth and fifth worst performing digital tokens

The fifth worst performing crypto in 2021 was Pax Dollar (CRYPTO: USDP).

And, in a sign of just how well cryptocurrencies performed last year, Pax Dollar finished the year down just 0.3% trading at US$1.00. The token had a market valuation of US$946 million as at 31 December, making it the number 89 crypto in virtual circulation.

Pax Dollar is what’s known as a stablecoin. It was founded in September 2018.

So, what does Pax Dollar do?

According to CoinMarketCap, the fiat collateralised stablecoin “offers the advantage of transacting with blockchain assets through minimized price risk”.

Which brings us to our fourth worst performing crypto of 2021, fellow stablecoin Dai (CRYPTO: DAI).

Dai lost 0.4% during the year, also finishing at US$1.00. That left it as the 19th biggest token, with a market cap of US$9.2 billion.

Dai is an Ethereum-based stablecoin that’s soft-pegged to the US dollar.

CoinMarketCap tells us it’s “collateralised by a mix of other cryptocurrencies that are deposited into smart-contract vaults” every time new tokens are issued. Dai’s “issuance and development is managed by the Maker Protocol and the MakerDAO decentralised autonomous organization”.

2021’s second and third worst performing altcoins

The third worst crypto performer of 2021 was Bitcoin SV (CRYPTO: BSV).

Bitcoin SV lost 24.2% during the past year, trading for US$123.73 on 31 December. That gave the token a market cap of US$2.34 billion and placed it as the 58th largest crypto in circulation.

Despite making the worst performers’ list, Bitcoin SV hit all time highs this past year, reaching US$491.64 on 16 April 2021.

The token came out following the hard fork of the Bitcoin Cash (BCH) blockchain in 2018. It’s designed to “offer scalability and stability in line with the original description of Bitcoin as a peer-to-peer electronic cash system, as well as deliver a distributed data network that can support enterprise-level advanced blockchain applications”.

Moving on to the second worst crypto performer, we arrive at Celsius (CRYPTO: CEL).

Celsius finished the year down 29.4% to US$3.86. That saw it drop to the number 94 spot of largest crypto list, with a market cap of US$922 million as at 31 December.

The token was launched in June 2018, providing “rewards for depositing cryptocurrency, along with services such as loans and wallet-style payments”. Investors using the Celsius platform receive interest payments for their crypto holdings.

The worst performing crypto of 2021

Coming in at the bottom of the barrel in 2021 is NEM (CRYPTO: XEM).

NEM finished 2021 down 42.7% at 12.8 US cents. That left it as the number 83 crypto in terms of size, with a market cap of US$1.15 billion as at 31 December.

NEM stands for ‘New Economy Movement’ and it has been in active use since March 2015. According to CoinMarketCap, the crypto is an “ecosystem of platforms that use blockchain and cryptography to provide solutions for businesses and individuals”.

The post These were the 5 worst crypto assets to hold in 2021 appeared first on The Motley Fool Australia.

Should you invest $1,000 in cryptocurrency right now?

Before you consider cryptocurrency, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and cryptocurrency wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

More reading

Why is the Zip (ASX:Z1P) share price having a lousy start to 2022?

Woolworths (ASX:WOW) share price shrugs off COVID-induced supply issues

Here’s why the CBA share price had such a good run in December

New year’s resolution: Why are ASX lithium shares having such a stellar day?

Why Elixir Energy, Kogan, St Barbara, and Zip shares are dropping

The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

随时随地,交易世界!

移动APP平台,拥有 12 个市场的 50,000 多种全球上市证券(全球市值超过 70%),直接在您的 Android 或 iOS 设备上即可操作。

与独有的交易理念和投资分析工具相结合,帮助您在我们 12 个全球市场中的几乎所有金融工具上找到可操作的见解,从而帮助您优化交易策略。

推荐给您的朋友

向您的朋友推荐Monex并赠予他们免费使用我们交易工具的机会

我们尊重您的隐私,只会向您的朋友发送一封邮件 

与您的朋友分享

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!