Major Cryptos Fidgety In Final Session Of Roller Coaster Year; Meme Coins Doge, Shiba Inu Stutter

Notwithstanding the lackluster phase seen since October, the cryptoverse is holding firm for the year, thanks to the strong performances in the first three quarters of the year.

Bitcoin Retreats, Most Major Cryptos Largely Unchanged: Bitcoin (CRYPTO: BTC), the apex cryptocurrency, is seen reversing its earlier gains and yet is on track to end the year with a gain of about 63%. Bitcoin hit an all-time high of $68,789.63 in early November.

Ethereum ETH, the second-most valued crypto, is modestly lower Friday, although it is up about 500% for the year.

Among other major cryptos, Avalanche AVAXTerra LUNAPolygon MATICCrypto.com CRO and Uniswap UNI are seen trading with modest gains Friday. 

Metaverse Coins Flatline: Metaverse-linked cryptocurrencies are trading flat to modestly lower after the year's stellar gains. Sandbox SAND is holding up, while Decentraland MANAAxie Infinity AXS and Gala (CRYPTO: GALA) are all lower.

Doge, Shiba Lead Meme Coins Lower: Meme cryptos Dogecoin DOGE and Shiba Inu SHIB are down about 1% and 0.5%, respectively.

The year's scorecard for these cryptos, which have a wide and frenzied retail following, show gains of 3,550% and 3,300%, respectively. These currencies, however, have pulled back notably from their all-time highs of $0.737567 and $0.000088, respectively.

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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