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2021 has been the year that Bitcoin hit its all-time high —
let’s take a look at what has brought people into the
market, and who they are!
02
What Brought People Into the
Crypto Markets?
Cryptocurrency (and Bitcoin in particular) has been in the headlines more often than
any other year. Let's take a look at which big events piqued the world's interest in
Bitcoin — and which events were less important for the masses.
Bitcoin
03
Ethereum
Analysis:
04
Who Exactly Is Interested
in Cryptocurrency?
CoinMarketCap users are predominantly men, with a whopping 74% of our users
identifying as male, and just 26% identifying as female. This disparity is seen across
most financial sectors and likely has complex and multifactorial origins.
But some potential contributing factors could be due to higher risk aversion among
women, as well as a lack of financial education — particularly in developing
economies.
05
CoinMarketCap User Population Pyramid
06
When You Visit CoinMarketCap,
What Do You Want to See?
Top 10
Dog Coin
SHIBA INU 37.95% INUCEPTION 25.22% Mini Floki 4.66% Bonfire 0.37%
Top 10
Meme Coins
Ronin Gamez 6.85% Axie Infinity 5.01% Illuvium 1.74% Enjin Coin 1.55%
Top 10
NFT
0% 10% 20% 30% 40%Y 50% 60% 70% 80% 90% 100%
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07
Are You Caught Up on the
Newest Crypto Trends?
Among all the assets listed in November, these saw the greatest growth in weekly
trading volume in terms of percentage change.
ERC-20
Non-Fungible Token (NFT)
OpenSea [2021] Pre-Sale
Blockchain Cryptoasset
Total Value Locked (TVL)
Rebase DYOR Rug Pull
Initial Dex Offering
Decentralized Applications (DApps) DeFi
Whitepaper Layer 0 Burn/Burned
Layer-1 Blockchain
MetaMask Slippage
BEP-20
08
Biggest Movers by Market
Capitalization
800M
600M 1B
Bloktopia 400M LINK
500M
200M
0 0
800M 1B
600M
Braintrust 400M MobileCoin 500M
200M
0 0
1B
1B
500M
Dogelon 500M Moonriver
Mars
0 0
600M 2B
400M
Dvision Radio 1B
Network 200M Caca
0 0
600M
1B
Ethereum Samoyedcoin 400M
Name 500M
Service 200M
0 0
600M
4,000B
EthereumX Sologenic 400M
2,000B
200M
0 0
600M 800M
600M
Flux 400M StarLink
400M
200M 200M
0 0
800M
600M 600M
Function X 400M SuperFarm 400M
200M 200M
0 0
2B
1B 1.50B
Immutable X 500M WEMIX 1B
500M
0 0
800M
1B 600M
JasmyCoin 500M YooShi 400M
200M
0 0
If there’s one insight that can be extracted from these charts, it’s that death isn’t
necessarily permanent in the crypto world. Many tokens have experienced an
extended period of essentially zero trading volume, only to burst to life weeks and
months later.
09
Biggest Trading Volume Changes
Q3 2021
Opium 99%
aelf 96%
FirmaChain 96%
HUNT 96%
Sakura 95%
Aergo 95%
40K% Orca
42K% Trodl
0.1M% Draken
0.1M% PicaArtMoney
0.1M% StellarPayGlobal
0.3M% FUTUREXCRYPTO
0.4M% Try.Finance
0.4M% KLend
3.4M% Gleec
Small cap tokens tend to experience the largest relative change in trading volume.
Coins that were once well-hyped and sought-after can be abandoned just as
quickly, with many coins experiencing close to a 100% drop in trading volume over
a single quarter. Notably, almost all of the examples shown above are traded only
on less-established exchanges, which may be more prone to wash trading.
10
Which Coins Grew Over the Past
Quarter...And Who Was Watching?
CumStar 0.5M%
SafeBlast 0.1M%
Wall Street Games 31K%
RichQUACK.com 12K%
Tiger King 10K%
ARPA Chain 8K%
Catgirl 7K%
DogeCola 7K%
Bloktopia 6K%
GreenTrust 5K%
Although Bitcoin, Ethereum and most other notable large cap coins experienced a
great deal of viewership growth in the last quarter, the absolute greatest change in
activity was reserved to a range of smaller assets.
At the top of the pile is CumStar, a meme coin that saw a staggering 500 thousand
percent growth in viewership in the last quarter. SafeBlast, Wall Street Games and
RichQUACK also fall under the meme/liquidity mining coin umbrella and experienced
tremendous growth as interest in meme coins reached a fever pitch.
Notably, Bloktopia’s native token found its way into ninth place, achieving 6 thousand
percent growth. It’s also arguably one of just two projects on the list that isn’t a meme
coin, the other being GreenTrust. Besides Bloktopia, all of these assets can be
considered small or medium cap tokens — indicating that dramatic growth is mostly
seen among lesser-known assets.
11
Which Countries Worldwide Care
About Which Coins?
We find that there is region-specific variation in the popularity of different assets,
but that all regions were heavily influenced by the same macro-trends.
Meme coins like Epic Hero 3D NFT, Safe Earn and SatoshiStreetBets Token
achieved global attention, whereas certain assets only garnered major attention in
specific regions, including Mello Token (India and Germany), Doge Rocket (Canada
and France) and SuperWhale (Vietnam).
NL RU
CA
UK
DE
FR
USA
IN
TH VN
12
We will see you back
with more insights
next quarter!