TMCnet Feature
May 12, 2021

Best Cryptocurrencies in 2021



In the world of cryptocurrencies, there are projects where it is worth investing and others in which not so much.

For an investor, the ideal is to know how to identify "bad" cryptocurrencies and get as far away from them as possible.

Fortunately, there are many coins that stand out positively! That is why it is very important to review a cryptocurrency ranking.

In this article we will present you the 7 best cryptocurrencies to invest in 2021 and a list of various factors to consider when doing your analysis.

But let's start by looking at the year 2020, in which many cryptocurrencies had surprising appreciations. Some returned to approach their best historical records or even exceed them, as was the case with Bitcoin. If you are looking to check Bitcoin or any other cryptocurrency price, you can use this crypto converter.



Platforms to Invest in Cryptocurrencies

First of all we will see the year 2020 ranking of Crypto currencies.

Ranking of Cryptocurrencies in 2020

Until that year, 2017 was the best year for cryptocurrencies.

For some investors, it was the year they first heard about this market. For others, it was the year they made a fortune!

The year 2017 may have ensured the retirement of some people between the ages of 20 and 30!

This happened because many people entered the cryptocurrency fever, which helped some to get otherworldly valuations!

One of them was Bitcoin, which was worth $ 20,000 for the first time after this move.

But that's history…

After a long time away from that value, in 2020, Bitcoin passed 20,000 USD and, with it, the entire market gained strength again!

All the cryptocurrencies in the Top 10 gained value, unlike what happened in the previous year.

Cryptocurrency

Performance (2020)

Bitcoin (BTC)

?? + 299%

Ethereum (ETH)

?? + 462%

Ripple (XRP)

?? + 14%

Cardano (ADA)

?? + 449%

Litecoin (LTC)

?? + 195%

Bitcoin Cash (BCH)

?? + 36%

ChainLink (LINK)

?? + 530%

Stellar (XLM)

?? + 195%

Binance Coin (BNB)

?? + 174%

Polkadot (DOT)

?? + 170%


 

Looking at the table above, it is clear that 2020 was an excellent year for cryptocurrencies. Mainly after 2019 and 2018 have experienced market corrections.

Now, the question that is in the head of many people is: could it be that they stayed in those values?

Apparently, it seems not!

Almost all cryptocurrencies are appreciating, driven by renewed interest in this market that even won many newspaper headlines again.

In this article we will explain why!

Best Cryptocurrencies to Invest In 2021

Knowing how to identify the best cryptocurrencies requires time and patience. In many cases, more than one expects!

That is why we were interested in researching and gathering suggestions on what could be the best cryptocurrencies in 2021.

However, this list should be seen as a set of options that stand out either for their recent or past history, for the quality of the project or even for their prospects for evolution.

Bitcoin (BTC)

It is difficult not to start with Bitcoin as it is the cryptocurrency that started in 2021 making history.

Only in the month of January, this cryptocurrency managed to pass its record, exceeding 40,000 USD in value!

Its predominance and relevance in the crypto ecosystem make Bitcoin often mark the path of the entire market.

2020 was a historic year for Bitcoin because it was marked by its third halving, an event that for many analysts is enough to cause the appreciation of this cryptocurrency.

Related or not to that, the truth is that the price of Bitcoin rose a lot in 2020, increasing its value by almost 300%!

Most impressive, many analysts believe that this is just the beginning for Bitcoin.

Tom Fitzpatrick, technical analyst at Citi, defended in a report, which was made public, that Bitcoin could pass 300,000 USD in 2021!

Perhaps ... That is why we always recommend being cautious when reading this type of forecast.

That said, we consider Bitcoin to be one of the safest investments in this market and a strong option for 2021.

Ethereum (ETH)

This is another cryptocurrency that definitely has to be on this list.

The ethereum is by far the second most important project of this market , with enormous potential to continue its recovery in 2021.

Ethereum is one of the cryptocurrencies that this year managed to exceed the highest value in its history !

Despite the fact that many cryptocurrencies try to overcome it, it continues to be the first option for the development of smart contracts and decentralized applications ( dApps ).

Ethereum increased in value by 462% in 2020, registering one of the best performances last year, among the major cryptocurrencies.

In large part, this appreciation responds to the launch of Ethereum 2.0, the great evolution that aims to take the project to the next level.

The main difference is having switched to a Proof of Stake algorithm, with which investors can passively earn interest for accumulating Ethereum.

For these reasons we believe that ETH will still reign for a long time, becoming a good investment option.

Conclusion

We give you an idea how what are cryptocurrencies are and how we can invest in these what are best to invest.



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