Playing “what if” is a dangerous game, especially when it comes down to investing. Sometimes, however, it could be rather intriguing to review what could have happened if investors made a particular investment. The highly volatile cryptocurrency market could produce some impressive scenarios. For example, putting $1,000 in Solana on January 1st, 2021, would have resulted in nearly $140,000 today.
The Cryptocurrency Landscape Change in a Year
It’s safe to say that the past year or so has been wildly bullish for the cryptocurrency industry. A brief look at the landscape in September last year shows that the entire market capitalization was roughly $300 billion. Today, it’s in excess of $2 trillion even after the recent market crash that wiped out billions – in fact, it evaporated in just a few hours more than what the capitalization was one year ago.
Bitcoin, the largest digital asset, has seen its value skyrocket to new highs as adoption comes from various sides. Earlier this
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