Top Cryptocurrency 2021
If you are an investor looking to invest in cryptocurrency if you want to realize the potential of cryptocurrencies in 2021, and if you want to find out which cryptocurrency to invest in 2021, here are a few answers.
Cryptocurrency is a whole new different, well innovated, and probably one of the biggest ball games today. Many people have invested in cryptocurrencies and are happy with the results. In 2021, when economies try to get back on track after the corona pandemic, cryptocurrency will be one of the main areas of interest. Cryptocurrency, therefore, is an area worth waiting to be explored.
Furthermore, if you are an investor who wants to invest in cryptocurrency this year, here are a few that may intrigue you.
Ethereum (ETH) is a very well-known name in the world of cryptocurrencies and probably one of the best names in this industry today. Priced at $1,770.57 USD, Ethereum has proven itself as the most viable investment in the past many years and has a lot to showcase in 2021. Whereas Bitcoin is a cryptocurrency that we cannot ‘easily afford’, Ethereum is one we can. This is another reason why it is one of the top cryptocurrencies today. Ethereum stands second to Bitcoin and will increase in great worth in the time to come.
Ethereum (ETH) was established in 2015. It had a 470% return in 2020 which impressed investors quickly. It is expected to have a much better return this year as well. Faster than Bitcoin in exchange, Ethereum is blazingly quicker in transactions than other cryptocurrencies. Due to the fact that it is faster in exchange, Ethereum makes it better for real-time use than just for a purpose of storing it in general.
Ethereum (ETH) has widespread adoption. Cryptocurrency is an evolving phenomenon; therefore, as developers add more services and protocols to make this currency useful, the currency will continue to win in the time to come.
Ethereum as a currency has good ‘risk to reward potential’ which makes it one of the best cryptocurrencies to watch. The currency has widespread usage, it has technological superiority and it is relatively safer to invest it, making it one of the best investments of 2021.
Bitcoin (BTC) is well-known as one of the top cryptocurrencies in the world today. Bitcoin is so strong today that it has literally proven itself to be resistant to any crash. 1 bitcoin is priced at $44,769.28 which is pretty significant.
Bitcoin is one of the most widely used currencies today and to date. The inventors of Bitcoin want to make it a global method of dealing with it as a peer to peer, digital cash cryptocurrency which will further increase its worth.
Bitcoin is a stable currency, it is very liquid, it has a very decent market share, which makes it a good and known worthy investment and it runs on a ‘PoW’ system, which is Proof of Work, which means that it is quite legitimate.
Bitcoin will prove itself to be worthwhile in 2021 but other cryptocurrencies that are cheaper will find their way to the end mark too, for they are easier to invest in based on their price. Bitcoin, however, will still hold a significant portion of the market share in 2021.
Litecoin (LTC) is also pretty exceptional in terms of top cryptocurrencies in 2021. In 2020, the cryptocurrency had a good start and touched $80 in February. Later on, its price dropped; however, it rose again in 2021, trading at $132.32 in January 2021. Spectators are predicting LTC’s price to reach $205 by the end of this year which will be a remarkable increase.
Litecoin (LTC) makes for a good investment in cryptocurrencies for it is affordable and has a significantly high market cap. It makes for a good investment in the masses and when masses invest in something, its price and worth automatically increases. Therefore, Litecoin will make for a viable investment in 2021.
With a $2,936,075,245 market cap, VeChain is a cryptocurrency from China that helps in tracking food safety. It was established in 2017 and had an exceptional, ‘260%’ return in 2020.
VeChain works with many food groups to track both food and safety. In 2019, it penned a deal with Walmart China for the Blockchain Food Safety program. Next year, it joined forces with Chinese food safety groups including McDonald’s China which gives it stable ground.
It seems evident that VeChain has a lot of potential for growth in the coming few years especially when food businesses expand and businesses, in general, continue to expand. VeChain has had a very stable performance over time and therefore, there is no reason to doubt your investment in it in 2021.
Ripple (XRP) is surprisingly another one of the top cryptocurrencies in the world. It is priced at $0.531026 today. You can make significant gains by buying Ripple in bulk. It is expected that Ripple will hit $1.0 this year and soon move towards its all-time high very soon.
Ripple helps you make quick and big gains on smaller and bigger investments. It is easy to afford and you can buy more of it to sell some on the negative price difference and vice versa for gains and profits. Furthermore, as an investor who needs a number of investments in their investor basket, Ripple (XRP) makes it easy to invest in it and keep it particularly for diversification purposes in particular. It helps you diversify easily and it helps you buy it easily which is the biggest benefit of this currency to date. Ripple, therefore, is another good investment in cryptocurrency in 2021.
Finally, Dash (DASH) is another cryptocurrency waiting to be explored in 2021. With a market cap of $1,623,276,955 billion and a $2,841,329,663 24H-trading volume, DASH means big numbers. The cryptocurrency was established in 2014 and had a 109% return in 2020. Since its launch, Dash (DASH) reached its peak ($1051 in December 2017) and categorized under ‘the top 10 coins by size’. While over the years, Dash (DASH) has lost value because of the advent and introduction of other cryptocurrencies in the market, Dash is still there and seems to be promising.
Dash (DASH) is priced at $162.83 which is again pretty remarkable.
As for the reasons for why you should invest in Dash in 2021, the answer is fairly simple. You should invest in Dash (DASH) because of its remarkable market cap. Having a high market cap means that you have a significant share in the market and you simply cannot just crash. Furthermore, Dash (DASH) is relatively cheaper to invest in and has had a promising 2020 which makes it a good investment for 2021 as well.
Other top and viable cryptocurrencies to invest in in 2021 include Ethereum Lite, Aave, Chainlink, Stellar Lumens (XLM), Binance Coin (BNB), Cardano (ADA), and NEO.