Crypto coins – If you are looking to invest in a cryptocurrency in 2021, and probably aren’t too sure how or where to commence your journey, this piece may just define the much needed direction.
Investment in digital currency is undoubtedly one of the best decisions an investor could take in the 21st century, instability in government policy among numerous uncertainties to a vast extent affect the fiat currency; thus a major shift to the digital and decentralized currency.
Ideally, when you wish to invest, it’s paramount to lookout for crypto coins with interesting “Return on Investment.”
Interestingly, by every projection, 2021 has been forecasted to be unique with some impressing stats for the crypto market.
To this end, I’ve handpicked just few crypto coins out of many, which have shown great attitude in the right direction.
Read also: Blockchain frequently asked questions – Koinwa
These coins have been shortlisted in no particular order, giving reference to
- Price
- Market Capitalization and
- Rank in coin market.
Kindly find the below coins and make your investment decision as appropriate;
Uniswap (UNI)
Uniswap is a decentralized exchange protocol built on Ethereum.
With Uniswap you can trade without intermediaries. There are over 400 active trading pairs and 6000 liquidity pools.
Price: $3.63
Market Capitalization: $972 million
Rank: 30
Polkadot (Dot)
In October 2017, Polkadot announced the DOT cryptocurrency release through Initial Coin Offering.
Polkadot is an open source shared protocol which aim is to provide a decentralized platform, for a range of trustless operations.
With a major goal to power the emerging stage in internet evolution.
There’s an idea to link the public and private blockchains, while providing an interface where individuals and institutions can interact independently.
Price: $6.59
Market Capitalization: $5.9 billion
Rank: 8
BTC
Bitcoin is the leading and world largest cryptocurrency by market Capitalization, while the identity of the creator remains a mystery, it’s major role is aimed at cutting down transaction fees than online payment mechanisms.
Price: $36,000
Market Capitalization: $500 billion
Rank: 1
Cardano (ADA)
Cardano is a blockchain that allows people to receive and send funds with ease.
It is typical that the Cardano coin blockchain allow users to create smart contract.
Price: $0.19
Market Capitalization: $6 Billion
Rank: 7
Vechain (VET)
This is one of the crypto coins/smart contracts focused on supply chain management, it allows manufactures to include sensors to their products which ultimately records data on the Vechain blockchain.
Price: $0.019
Market Capitalization: $1.2 billion
Rank: 23
Chainlink (LINK)
Chainlink is a decentralized oracle network which provides data and information from off blockchain sources to on blockchain through oracles.
Price: $11,9
Market Capitalization: $4.7 billion
Rank: 10
Ethereum (ETH)
Ethereum is a decentralized open source blockchain featuring smart contract functionality.
Typically one of the predominant crypto coins in recent time, a real force to reckon with too.
Price: $730
Market Capitalization: $83 billion
Rank: 2
Conclusion
There are apparently a lot of crypto coins that have the potential to bring good returns in 2021, the very few listed here are however predominant and most certain to appreciate while impacting the joint global economy.
