It can be difficult to distinguish between a viable enterprise with long-term development potential and short cash grabs that won’t endure through a bad market with hundreds of cryptocurrencies on the market. We’ve developed a list of some of the top cryptocurrencies to invest in for 2021 and beyond, based on market capitalization, development team, market position, and future price potential.
When compared to Bitcoin, altcoins are often riskier investments, but they can yield bigger profits in a bull market. Altcoins, on the other hand, tend to devalue more in bad markets. In general, smaller market capitalization cryptocurrencies like Bitcoin and Ethereum are more volatile than larger, more established cryptocurrencies like Bitcoin and Ethereum. The coins in this list are among the top 100 most valuable cryptocurrencies, with each project having a market valuation of at least $1 billion.
Some of the top trending Cryptocurrencies are as follows:
Bitcoin’s inception in 2009 revolutionised money and paved the way for countless versions and enhancements to its technology. It’s difficult to overstate the significance of Bitcoin and the blockchain idea that followed it, but Bitcoin’s first-mover advantage has compounded to bring its market valuation beyond $1 trillion 12 years later. BTC, as the leading “blue chip” cryptocurrency, is not just tested and true, but it is also breaking new ground: El Salvador’s decision to declare Bitcoin legal money and Tesla Inc.’s (ticker: TSLA) decision to place Bitcoin on its balance sheet are two major 2021 moves showcasing how ubiquitous BTC has become.
Counos is a peer-to-peer digital network that leverages Blockchain technology to provide a single platform for a multitude of financial and payment services. It’s a decentralised and open-source network that spans the globe. It will provide customers with the highest level of online payment security by merging proof-of-work and Timestamp server technologies.
Counos links people from all around the world to the network and gives them real-time control over it. Counos’ ultimate goal is to build a financial society in which consumers regain control and privacy. Escrow and Exchange are only two of the services it provides.
Ethereum, a popular blockchain services platform, has had a lot of market repercussions. It is also one of the most important blockchain facilities to employ in 2021. Who wouldn’t want to run smart contracts on a beautiful open-source platform (on a custom-built blockchain network)?
Furthermore, Ethereum is without a doubt the best platform for developers to build decentralised apps (dApps) and democratic autonomous organizations (DAOs). Ethereum is utilized for a multitude of purposes, including secure smart contracts, cryptocurrency trading, and more.
Overall, Ethereum is on its way to becoming the most popular blockchain platform among developers for building enterprise-grade products.
The Chainlink decentralised oracle network is powered by the Ethereum currency Chainlink (LINK). This network enables Ethereum smart contracts to connect to other data sources, APIs, and payment systems in a safe manner.
SmartContract.com was Chainlink’s first foray into the industry in 2014. The name was changed to Chainlink shortly after its inception to better reflect the company’s main market.
Chainlink and Google forged a strategic partnership in 2019. As a result of the cooperation, Chainlink’s technology has been included in Google’s smart contract strategy. This move was praised by investors as a big win since it allows users to connect to two of Google’s most popular cloud services. Chainlink is a cryptocurrency available on Coinbase and Gemini.