New research reveals the investments that would have given investors the biggest returns had they invested $100 one year ago.
The Best Performing Stocks From The Last Year
Trading experts at Traders of Crypto have analysed the best performing stocks from the last year to reveal the returns that would have been seen on a $100 investment.
It is no secret that cryptocurrency usage has been surging in the last year, but how well do cryptocurrencies actually perform? We’ve all heard of the massive fluctuations that come with cryptocurrencies, such as Bitcoin and Dogecoin, but how reflective are these ups and downs to cryptocurrencies as a whole? And just how profitable can crypto investments be?
Traders of Crypto assessed this, looking at 10 of the best performing cryptocurrencies to establish just how lucrative and viable crypto is as an investment option. Looking at the change in value over the last year, they explore how much a $100 investment in June 2020 would be by June 2021.
The Best Performing Investments of the Past Year (September 2020 – September 2021)
|
Rank |
Stock/Coin |
Investment Type |
September 2020 Price |
September 2021 Price |
Percentage Increase |
Value of $100 Investment |
|
1 |
Dogecoin |
Crypto |
0.00322 |
0.278062 |
8535.47% |
$8,635.47 |
|
2 |
Binance Coin |
Crypto |
23.19 |
464.27 |
1902.03% |
$2,002.03 |
|
3 |
Ethereum |
Crypto |
434.87 |
3,430.76 |
688.92% |
$788.92 |
|
4 |
Moderna |
Stock |
63.54 |
382.84 |
502.52% |
$602.52 |
|
5 |
Ripple |
Crypto |
0.2816 |
1.1869 |
321.48% |
$421.48 |
|
6 |
Bitcoin |
Crypto |
11,679.32 |
47,099.77 |
303.27% |
$403.27 |
|
7 |
Monero |
Crypto |
93.35 |
286.11 |
206.49% |
$306.49 |
|
8 |
Litecoin |
Crypto |
61.11 |
171.47 |
180.59% |
$280.59 |
|
9 |
NEO |
Crypto |
20.48 |
52.14 |
154.59% |
$254.59 |
|
10 |
Bitcoin Cash |
Crypto |
274.48 |
637.15 |
132.13% |
$232.13 |
*Stats have been updated for September
Dogecoin
Of the thirty options analysed, Dogecoin had by far the biggest growing investment and was the best choice for single-year investments. There was a 8535.47% increase in price meaning that $100 invested in June 2020 would have been worth $12,749.28 in June 2021.
Binance Coin & Ethereum
Binance Coin and Ethereum, coming in 2nd and 3rd place respectively, also had potential large returns year-on-year, although nothing as staggering as Dogecoin. $100 after 1 year with Binance Coin would have been $2,072 and $1,137 after a year with Ethereum.
Binance Coin can be used to pay for a range of activities from anything from travel bookings to transactions fees, entertainment and a range of financial services. Ethereum is also a promising option for long-term investors and has already garnered a large following and positive reputation amongst investors.
Top Stock
The only stock to make the top 10 was vaccine producer Moderna which soared in value during the pandemic. Along with Elon Musk’s Tesla, these two companies were the only ones to outperform the top cryptocurrencies in the list. Tesla was the top performing stock from June 2020 to June 2021 and its shares increased by 265.85% throughout the year.
Of the top ten performing assets, nine were cryptocurrencies. This shows the booming potential of this new asset class compared to traditional investments.
