A look back at social media growth of crypto trends

While 2021 was a blowout year for the cryptocurrency industry, three major trends created their own mini-cycles within the broader bull cycle.

In sum: meme coins dogecoin (DOGE) and shiba inu (SHIB) were catapulted into the spotlight by Tesla CEO Elon Mus; layer 1 protocols like Solana and Avalanche fought for smart contract dominance and non-fungible tokens (NFTs) created a new investable asset class.