Here are the most popular coins and themes in the industry
The Huobi Group recently released a large report designed to determine the level of perception of the crypto industry which has grown exponentially in 2021 and has even reached the general public, as noted by some experts.
NFTs are changing the shape of the market
The explosion and discovery of the NFT industry were some of the main drivers of the growth of digital assets as a whole, according to the report. Meanwhile, previously large cryptocurrencies and tokens could not attract enough attention from the Hollywood-tier celebrities who have joined the rally.
Mike Tyson, Paris Hilton and many more have surprised the digital asset industry with numerous posts in their official social media, promoting a specific collection and technology as a whole.
Meme-tokens on the rise
While NFTs drove a humongous amount of attention to the industry from individuals who had not previously considered themselves interested in crypto, meme-tokens like Shiba Inu, Doge and other smaller assets became extremely popular among veteran industry investors.
Shiba Inu was one of the fastest growing communities in crypto history, reaching one million holders within just months of being discovered by the market. The reason for this is the explosive 1000% growth that took place in the market in October.
But while SHIB brought mind-blowing profits to some early investors, the majority of traders and investors that bought the token close to the top ended up in a loss due to an almost 60% correction that took place on the asset shortly after.
As the report suggests, the two most popular branches of the industry in general, Metaverse and NFT, were the two most popular themes familiar to US citizens. When it comes to tokens and coins, Shiba Inu, Doge, Ethereum, and Bitcoin top the “most heard” cryptos among the public.
