Each beginning of the new year requires a deep analysis of the past one to prevent possible crashes in cryptocurrency investing. The crypto market 2021 pleased its followers with the growth, but some tokens couldn’t follow the market dynamics. In this article, we’ll highlight a list of altcoins that experienced the greatest fall in 2021. The price of the following tokens dropped by more than 99% over the previous year.
Basis Share (BAS)
The protocol is designed to expand, and contract supply like the way central banks trade fiscal debt to stabilize purchasing power, without any rebases or collateral risk. Basis Share is a token that is part of the Basis Cash ecosystem. At the end of December, the altcoin price was $ 1.8. In December 2020, the cryptocurrency was traded at $963.
Ouroboros (OURO)
OURO was launched in March 2019 designed for fast and secure transactions. As of the end of December, the altcoin was trading at $0.0000039 compared to $0,64 in August 2020. Today we see the price for OURO tokens falling to $0.000002.
DigiDinar (DDRT)
DigiDinar was founded in 2018. DDRT is an internal token of the cryptocurrency exchange of the same name. At the end of December, the cryptocurrency was trading at $0.0015. Let’s look up at March 2020 and observe altcoin better times: DDRT could boast with all-time high above $105.9.
Bit Financial (BFC)
Bit Financial represents itself as a blockchain-based smart financial platform project. Altcoin experienced the greatest crash in 2021 and dropped over 99% of its value. At the end of December, the cryptocurrency was trading at $0.00028. In October 2020, the altcoin had its price above $0.8.
Dionpay (DION)
Dionpay is a decentralized blockchain reward system connected to the existing point service. The Dionpay cryptocurrency was released by the game portal. At the end of December, the altcoin was trading at $0.000020. In August 2020, the cryptocurrency had better times with the value of above $0.061.
Crypto Bank (CBANK)
Crypto Bank is a digital asset management platform. CBANK token is used as a form of payment on Crypto Bank applications. As of the end of December, the cryptocurrency was trading at $0.0033. In April last year, the altcoin held the value over $ 12.4. The coin’s increase of 1000% since the beginning of the year didn’t save Crypto Bank from a disastrous crash.
Golden Goose (GOLD)
Golden Goose is a mining project in Paraguay that uses Paraguay’s cheap and clean electricity
to mine digital assets. As of the end of December, the altcoin was trading at $ 0.00085. In January 2021 the cryptocurrency was traded at $0.12.
Etherpay (ETHPY)
Etherpay is a blockchain-based payment system. Etherpay’s goal is to make so that users can enjoy all the benefits of decentralized, and secure technology. At the end of December, the altcoin was trading at $0.00039. Looking back into archives, September 2020 showed the price around $8.
Mars Network (MARS)
The Mars Network is a decentralized ecosystem that provides access to a variety of services. It’s divided into Technology and Business. As of the end of December, the cryptocurrency was trading at $0.0018. The altcoin keeps in memory November 2020, when it was traded at above $0.53.
PICK (PICK)
PICK is a cryptocurrency of the GLOBRIDGE project, which aims to create a unique bridge between blockchains. GLOBRIDGE proposes a space which will incorporate all fields of B2B, C2C, C2B, as well as B2C promising a reliable intermediary system for all users. At the end of December, the cryptocurrency was trading at $0.0000058. However, in August 2020, the PICK altcoin had a value of above $0.009.