Big Cryptocurrencies to Explode in Future: Cryptocurrencies are exploding in popularity. A prime example is the meteoric growth of Bitcoin over the years. Bitcoin price was started at $0.0008 and its debut in 2010 was more than $60,000.
So like that, Bitcoin isn’t the only one cryptocurrency in the market. There are thousands of similar currencies available.
There are few cryptocurrencies to keep an eye on them in 2021.
Many investors are wondering for new cryptocurrencies to explode in 2021. Prices can continue to increase from record levels and analyst say that they can.
But what about the next new cryptocurrencies?
Here are some top new currencies to consider in 2021.
1. Internet Computer (ICP)
ICP is a new token launched in may 2021. it saw immediate success with the market value of $35 billion in its first three days. This coin is currently trading around $70.55.
Its goal is to overcome the limitations of the internet and to replace it with modern internet. The coin is available to purchase at Binance.
2. Enjin (ENJ)
This is Ethereum based cryptocurrency which is launched to provide backing of non-fungible tokens. This coin has market cap of $1 billion. It is available to purchase at eight different markets, such as Binance.US and Crypto.com.
This is an altcoin that just launched in March 2021. This coin is a community-driven Defi token. In just couple of months there are already more than 2 million holders.
The coin has a market cap of $2.2 billion and is currently trading around $0.000003715.
An unusual feature of the currency is that it penalizes users who sell their token. 10% fee is applied to the sellers.
You can purchase safemoon in nine different markets.
NKN is a new blockchain based token designed for a decentralized internet. It supports peer-to-peer operations.
NKN has a market cap of $212 million. It can be purchased at Binance.
It currently not for sale, Facebook’s diem is one of the most anticipated coins to launch in 2021.
Formerly known as Libra, Diem is a centralized, global, stable cryptocurrency project.
Foe investors, wanting more stable cryptocurrency, this might be a good option. Investors expect Diem to have low volatility because of its reserves of other currencies and assets.
New cryptos are created every single day and it would take forever to list them all.
Of course, all of them will not have the same success as Bitcoin and others but there is not shortage of new coins to investigate.
For example, Thirteen new coins were listed on CoinMarketCap in just one day this week.
Read More: Digital currencies and its types