4 cryptocurrencies, $ 1,000 investment: That’s your profit this year

2021 was definitely one of the best years in the history of cryptocurrencies, with a total market capitalization of more than 3 trillion. dollars and enter high in the portfolio of the world’s largest traders.

Cryptocurrencies such as bitcoin and dogecoin have skyrocketed, making some investors millionaires.

CNBC has compiled a list of profits an investor would have made if he had invested $ 1,000 in one of four cryptocurrencies that stood out in the year leading up to the next few days.

Bitcoin

• Price on January 1, 2021: $ 29,290
• Price on December 28, 2021: $ 47,795

At $ 1,000 on January 1, an investor would buy 0.034 bitcoin and at the close of Tuesday this investment would be worth $ 1,632.

The largest cryptocurrency based on capitalization had a strong 2021, with its value increasing by about 65% from January 1 to the end of December. In February, its capitalization reached 1 trillion for the first time. dollars, but has since fallen to close to $ 900 billion

Ethereum

• Price on January 1, 2021: $ 730.30
• Price on December 28, 2021: $ 3,816

The value of the second largest cryptocurrency in the world has increased by more than 400% by 2021. So, if one invested $ 1,000 at the beginning of the year, the investment would be worth $ 5,226 until yesterday.

Ethereum fans say blockchain will become more secure and sustainable after the 2022 upgrade.

Solana

• Price on January 1, 2021: $ 1.53
• Price on December 28, 2021: $ 181.18

Solana is now in 5th place with the largest capitalization of cryptocurrencies. (over $ 57 billion). If one had invested $ 1,000 in solana, one would have made a profit of $ 118,000 by yesterday.

Although it only appeared in 2020, Solana launched by more than 13,800% last year and is considered a competitor to the Ethereum blockchain. Its founder, Anatoly Yakovenko, designed Solana to support smart contracts.

Dogecoin

• Price on January 1, 2021: $ 0.0056
• Price on December 28, 2021: $ 0.18

The meme cryptocurrency saw its value rise above 12,000% in the first half of 2021 alone. If someone had invested $ 1,000 in doge earlier this year, they would have made a profit of $ 32,142 by yesterday. The value of dogecoin, which owes part of its popularity to Elon Musk’s Twitter posts, fell in the second half of the year.