What Top 10 Cryptocurrencies to Invest In 2021?
Best Cryptocurrency Investments in 2021
Planning to invest in cryptocurrencies in 2021? Want to stay ahead of the crypto trends? We’ve made it easy with our complete guide to the top 10 cryptocurrencies to invest for 2021.
Beginners have difficulties finding the best cryptocurrency to invest in 2021. We have all been in this situation, so don’t worry! we understand how confusing it is when looking for new cryptocurrency investments. And that’s why Crypto School is here to help.
So, are you also looking for the next cryptocurrencies to invest in 2021? Do you find yourself wondering “should I be investing in Bitcoin?” or “should I be in investing in Ethereum?”
By the end of this guide, you’ll know how to find cryptocurrencies to invest in 2021. Also, if trading is what you’re looking to do, GOKUMARKET can help you out, too!
Now that we’ve ended 2020, many cryptocurrency investors are starting to look forward to 2021. Being able to predict new cryptocurrency trends is a key skill for any trader. But with more than 6,000 different altcoins on the market, how can you tell which ones will be the best cryptocurrency investments in 2021?
The future of crypto is never certain, so making cryptocurrency predictions can be tricky — especially since the periods of volatility in the wake of the coronavirus pandemic. However, the good news is that some crypto experts have said 2021 could be the year of crypto, thanks to market recovery and developments such as the long-awaited Ethereum upgrades.
In this article, we’ll be explaining which cryptos you should consider adding to your portfolio in 2021. Whether you are new to cryptocurrency investing or an experienced investor, read on to find out the top 10 cryptocurrencies to invest in 2021.
Are you ready to find out about the next cryptocurrencies to invest in 2021?
Let’s get started!
What Are The Top Cryptocurrencies to Invest in 2021?
Below you will find the best 10 cryptocurrencies to invest in 2021 and beyond.
Are you asking yourself, “should I invest in Bitcoin? is the value of Bitcoin already at its peak? or is Bitcoin the best cryptocurrency to invest in 2021?. Well, We wish if we know! However, the following info should help you to decide if investing in Bitcoin Cryptocurrency is a good idea for you.
It should come as no surprise that Bitcoin is at the top of our list of cryptocurrencies to invest in 2021. This so-called ‘king of cryptocurrencies’ has dominated the market since its launch in 2009 — and there’s no sign that its status will change soon. In fact, cryptocurrency predictions suggest that Bitcoin could be set for its strongest year yet. According to Ryan Selkis, the CEO of the cryptocurrency tracking site Messari, Bitcoin and Ethereum will retain their top positions when it comes to market capitalisation. This is in contrast to a variety of other assets, which he predicted will lose their ranking in the top 10 cryptocurrencies in 2021.
After its market value took a tumble in March 2020, Bitcoin made a rapid recovery and both its price and market cap have skyrocketed ever since. From lows of $3,867 in late March, when coronavirus restrictions started coming in around the world, the cryptocurrency had reached prices of approximately $9,000 by June and July.
At the time of writing in start of February 2021, its price is now peaked up to $39,533.
This is a healthy recovery rate, with its price more 400% in just over six months. While this rate of change isn’t unusual for a cryptocurrency that’s famous for its volatility, it should be encouraging for any Bitcoin investors who were worried by the sudden crash in March.
So what’s next? Some experts believe this recovery is only the beginning. In July, a chart associated with Citibank predicted that the price of Bitcoin could skyrocket to an incredible $120,000 in 2021!
So, is Bitcoin your next cryptocurrency to invest in 2021?
Many experts think Bitcoin could be one of the best cryptocurrencies to invest in 2021.
If Bitcoin is the king of cryptocurrency, then Ethereum could well be the heir! This blockchain platform is the world’s major cryptocurrency other than Bitcoin and has maintained a strong market cap ever since its release in 2015. At the time of writing, its market cap is $186,994,972,789
Despite the uncertainties surrounding the coronavirus pandemic, which shook the performance of almost every crypto in late March, Ethereum has been strong throughout 2020. If you’re looking for top cryptocurrencies to invest in 2021, it should therefore be a serious contender.
December 17, the price of Ethereum hit $670— its highest price of 2020, in February 2021 ETH hits over $1,600 . There are two key factors behind this surge in value. One is the growth of decentralized finance (otherwise known as DeFi). The Ethereum platform supports many of the cryptos which are driving the DeFi sector, such as Chainlink (LINK), Wrapped Bitcoin (WBTC), and Maker (MKR).
In fact, Ethereum has processed $13.5 billion worth of decentralized exchanges in 2020 alone — up from under $3 billion in 2019!
The second factor which secures Ethereum’s place on our list of top cryptocurrencies to invest in 2021 is the launch of Ethereum 2.0. This eagerly awaited upgrade is due to be complete by the end of 2020 and will make Ethereum far more efficient. Once it’s able to process more transactions more quickly, we could see its price explode