Could Shiba Inu Hit $1 in 2022?
With just four weeks left before we say goodbye to 2021, it looks like we'll witness another year where cryptocurrencies handily outperform the stock market.
For its part, the benchmark S&P 500 has easily surpassed its historic average annual gains. Through the market close on Nov. 29, the widely followed index had risen almost 24% since the year began. For some context, the S&P 500 has averaged a total return, including dividends paid, of a little over 11% since the beginning of 1980.
But the gains for digital currencies have been even more robust. After beginning the year with an aggregate market cap of about $774 billion, the total value of all cryptocurrencies on Nov. 29 was a hearty $2.57 trillion. That's an increase of 232% in a day shy of 11 months.
Source Fool.com
