- Top 10 Crypto Tokens To Put Money Into In 2021
Are you only beginning in crypto, but want to make money with it? Want to become profitable with crypto in 2021? This is your best guide from Cryptoboom on tokens to invest in. Read the article to learn about the top 10 cryptocurrencies to have in your portfolio and why.
Investing is a pretty heavy topic for beginners. Especially when they have to make such vital decisions as choosing what to put their money into. However, fear not, since Cryptoboom is here to help you pick the best tokens which are almost certain to make you profit in 2021.
This article offers you the top 10 cryptocurrencies with the biggest chances of success. Read very carefully not to miss out on meaningful information which could be connected to the rise and fall of their price in the future. Now, let’s get down to the real talk, shall we?
The first token is Ethereum. You might ask, why would I buy this senior coin when it’s already seen all of its growth and downfalls? Rest assured, the cryptocurrency is still very much alive and volatile to be invested into.
The main reason for you to have some Ethereum in your 2021 portfolio is this. Vitalik Buterkin, the creator of the token, and his team are planning on making transactions with the coin faster and implementing staking by upgrading their work to Ethereum 2.0. This event is hyped up and once it launches, Ethereum is bound to rise in price. Its greatest spike so far has been in January 2018, since then, the lowest rate was in a year. Right now, we can see the price is steadily growing without any downfalls.
crypto in 2021
The king of all cryptocurrencies — Bitcoin is also a good buy for 2021. It’s currently in the middle of a bull run, which means it keeps getting more and more expensive. For example, if you were to compare it to the beginning of 2020, it’s gotten 6 times more expensive.
The biggest reason why 2021 is a good time to be holding Bitcoin is the hype. The biggest crypto token has recently reached its all-time high. Many experts, giving their opinions on it, predict the price to push beyond the 100 000$ mark in the future.
The third biggest coin by capitalization, XRP is also worth looking at. In Q4 of 2020, it suddenly made its all-time high of almost 3$. Its current cost is only 60 cents. You’re getting a chance of buying an undervalued token with great possibilities in 2021.
Tron started on the Ethereum blockchain, making it just another small project. However, it proved everyone wrong and changed to an independent blockchain platform. For transactions, it uses a proof-of-stake algorithm. However, why should you have it in your portfolio in 2021?
Firstly, because the token holds a lot of decentralized apps. Even more, than Ethereum does. And these programs are getting popular nowadays, bringing the coin attention. Moreover, many organizations plan on using the TRON blockchain platform in the future.
Cardano is a unique coin because its organization looks for modern ways to improve crypto. Its capitalization isn’t that far away from the top 5 tokens and the current price is around 13 cents. According to fundamental analysis, the coin could make a jump to 1.5$ by the end of 2021.
The key factor influencing the growth would be Hydra. It’s a technology from Cardano which upon its launch, can allow the system to process more than a million transactions per second. This would make the ADA token the fastest from all and make the price go up a lot.
cryptocurrencies in 2021
The main reason why you should pay attention to this cryptocurrency is PayPal. It’s recently decided to integrate crypto transactions and this could involve Bitcoin Cash as well. It goes without explaining how much the price can skyrocket when the token is used as a daily payment method by people.
According to the technical analysis, Tezos isn’t going to be a crazy volatile coin in 2021. However, it’s good to have some portion of it, since it’s up for slow, but steady growth. You can consider this as a bank deposit, but with higher return rates.
Litecoin had several huge discoveries in 2020 which might lead it to a bright start in 2021. Experience shows how volatile this token can be when it grew 8000% in price over just one year.
For example, it launched a game called LiteBringer and it made the rate of transactions go up almost twice. The video game is quite popular and has an active economy with people trading items for LTC tokens. This influences the number of transactions a lot.
The token was made to bring traditional money closer to the crypto world. The competitive side of the coin is in its low transaction cost of just a few cents. It’s already partnered with some companies, like Deloitte and Stripe.
The cryptocurrency has potential in the future and is worth investing in while it’s still in this stage of growth.
The last token on the list which is good to invest in 2021 is IOTA. IoT means the Internet of Things and it’s a network which helps the coin accomplish its main goal — process transactions between devices.
Its current price is just 20 cents and some predict the cryptocurrency to grow up to 38$ in about five years. The coin got itself a cozy spot in the automobile and manufacturing industries. It’s been steadily growing and is worth investing in.
Overall, investing in crypto would make you more profits than losses in the long-term. However, its still a risky industry where many people go bankrupt. The 10 best coins on this list are almost certain to bring profit and are worth investing in.
- Date of publication:
- Wed, 01/13/2021 - 05:54
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