What are the best cryptocurrencies to invest in in 2021? And which ones are promising for the future? Bitcoin is of course very important, but in this list we look mainly at altcoins. These are the crypto we are investing in in 2021!
Please note that this is our opinion and not financial advice. Always do proper research when investing in crypto and never invest more than you can afford to lose.
Table of Contents
Bitcoin
When we talk about the top 10 cryptocurrencies to invest in, cryptocurrencies in general or smart crypto investments, all discussions should start with Bitcoin.
Why is that?
Well, it’s because Bitcoin is the most widely used cryptocurrency to date, often referred to as “the king of cryptocurrencies.”
The main goal of Bitcoin is to become a global, peer-to-peer, digital currency, independent of any form of regulation and thus completely decentralized.
Bitcoin was also the first cryptocurrency and there are still many who believe it will eventually be the last.
Furthermore, the reason you should keep Bitcoin on your investment radar is that it has the highest liquidity in the crypto world, which also makes it the best cryptocurrency to buy if you are a beginner.
In the end, you will have absolutely no trouble buying or selling Bitcoin. People are buying and selling Bitcoin nonstop.
There will always be someone on the other end ready to match your order. Not only that, but Bitcoin is also known as one of the most stable crypto currencies, despite its volatility.
The influence, demand and mass adoption of Bitcoin is expected to increase in the coming years (perhaps more than that of any of its rivals).
As demand increases, the price of Bitcoin is expected to rise significantly, as there will only be 21 million coins.
Have you considered buying Bitcoin in 2021?
Ethereum
With Ethereum, you are guaranteed to be on the right track.
Ethereum, is one of the best cryptocurrencies to invest in and was the first major project to introduce smart contracts, allowing developers to launch desktop and mobile decentralized applications (dApps) on the back of blockchain technology, and has remained one of the top ten cryptocurrencies until 2021 and will likely remain so for decades to come.
Not only that, but Ethereum is the second most bought and sold cryptocurrency, ranking just below Bitcoin. This means you won’t have any problems buying or selling Ethereum.
As with Bitcoin, there is always someone waiting on the other side of your trade to buy or sell Ethereum.
Another reason to believe Ethereum will continue to be a strong investment in the years to come is the fact that the project has a loyal team and a loyal community.
This gives Ethereum a better chance of remaining stable and only increasing in value in the long term, well beyond 2021.
In addition, many more Ether (Ethereum tokens) can exist compared to Bitcoin or Litecoin, making it less likely to have problems with scale and less likely to become a “closed economy” where only a few people have access to the currency.
Ether fuels the dApp ecosystem, which means millions of developers and companies will need it to support their smart contracts and launch applications.
And that’s before you even consider all the other different tokens Ethereum supports on its blockchain like an ERC-20 token!
Have you considered investing in Ethereum in 2021?
Litecoin
One of the main reasons to consider investing in Litecoin this year is its high liquidity and large market capitalization.
If you want to avoid risk, stay away from coins with smaller market capitalizations and communities and go for cryptocurrencies like Litecoin.
Why do we think Litecoin will explode this year and in the coming years?
Well, there is a limited supply of 84 million coins (compared to Bitcoin’s 21 million) and a block reward of 25 LTC, which is a very high block reward compared to other cryptos!
Also, the average time to mine a block on the LTC blockchain is about two minutes, which is also faster than most other cryptos today.
This, along with the fact that Litecoin is one of the big four on Coinbase, many experts think that no matter what happens in the future, Litecoin will definitely remain one of the altcoins that will stay strong through 2021.
In 2021, Litecoin is still considered one of the best crypto currencies, despite strong competition. While it may not be the best technically, it still offers excellent investment opportunities.
Have you considered investing in Litecoin?
Chainlink
Chainklink is a decentralized oracle network that delivers off chain data to on chain resources. It basically acts as middleware between two different environments and bridges the gap between them.
Chainlink aims to provide a solution to connect different blockchains. Interoperability of blockchains is a well-known problem.
The reason for Chainlink’s strong growth, is their unique technology that opened up a new market for many networks that could not use smart contracts until now, or could not use them to the maximum anyway.
Chainlink is thus making this possible. Because of this, they keep expanding their partnerships with new collaborations, such as SWIFT, Gartner and even Google.
Vechain
Vechain is a “Blockchain as a service” company that has supply chain management solutions for enterprise customers.
It brings together the infrastructure of the Internet of Things and blockchain technology to help businesses better understand the entire supply chain of goods.
Because VeChain is the only one on the market to offer this and offers a lot of benefits for business customers such as their enterprise-ready platform, this means that the VeChain blockchain will become very popular in the future.
Whether you have a rig set up at home to mine your own Vechain tokens and coins or just want to invest in a coin that could soon be gaining a lot of value, take a look at VeChain.
Binance Coin
Binance Coin is one of the best cryptocurrencies to buy in 2021 if you want to diversify your portfolio and already own large coins like BTC or ETH.
The company behind the coin, Binance, has a solid business history and an experienced team behind its main concept, which is to be a “utility token.”
The value of Binance Coin comes from its utility and the demand for it.
For many investors, the success of the Binance exchange is proof that they have the skills and resources to make this coin a success.
Binance Coin is also one of the most liquid cryptocurrencies right now, ranked within the top 10 on CoinMarketCap.
Volume is also showing consistent growth. Despite the volatility, the price of Binance Coin has increased three times in the previous year.
The Binance Exchange is also one of the world’s fastest growing cryptocurrency exchanges and is immensely popular.
All transactions on the exchange are done using Binance Coin, which makes BNB one of the fastest growing cryptocurrencies this year, in terms of trading volume.
Have you considered investing in Binance Coin?
Swipe
Swipe is a decentralized financial platform that aims to provide access to a plethora of crypto finance products.As things stand, there are a few key components of this growing ecosystem.
- Decentralized financial app: with a multi-crypto wallet supporting 30 coins, a fiat wallet supporting USD and GBP, and a built-in exchange to buy or sell crypto.
- Crypto cards.
Is Swipe secure? The mobile wallet has BitGo and Coinbase Custody insurance, which is good for $200 million.
In addition, the app is secured by the Binance Safu fund, Swipe’s platform is PCI DSS Level 1 certified, and smart contracts have been audited by Certik.
Swipe recently released a new whitepaper and a slew of new services are coming to the ecosystem soon.
- Swipe Pay: Allows merchants and customers to pay or be paid in crypto. 20 fiat currencies are scheduled to be supported.
- Swipe Credit: Direct crypto loans with collateral.
On top of that is the Swipe network. This is designed to give SXP holders full control over the platform.
- Swipe governance application.
- Swip Swap is an automated market making protocol.
- SwipeFi allows people to borrow crypto. It is very similar to Aave.
- Swipe Strike is essentially a collateral for the entire Swipe network.
SXP Use-Cases
- To have a say in the Swipe ecosystem.
- Total strike rewards are set at 20,000 SXP per day.
- To access Swipe’s premium crypto cards.
When it comes to tokenomics, there will be an annual inflation of 31.6 million SXP per year. That’s a serious amount of inflation when you consider that there are only 66 million SXP in circulation today.
There is, however, also a deflationary mechanism.
80% of all SXP costs are burned until there is 100 million SXP left.
Basic Attention Token
Basic Attention Token has been one of the hottest and best crypto currencies in 2018, 2019, 2020, and it looks like that trend will continue well into 2021.
Basic Attention Token (BAT) is a utility token used by the Brave Browser.
The BAT token is used to tip content creators, as well as just about anyone else you find useful on the Internet. It’s a niche area that’s ripe for the picking.
You can choose how to tip for any insightful information or content you receive. This has a lot of potential, as the web browser industry is quite large.
Not only that, but users who view ads may also be rewarded in BAT. This is an area yet to be explored and could potentially lead to many new opportunities for both the end viewer and the Brave Browser.
Part of the team behind this concept is Brendan Eich who co-founded Mozilla Firefox and helped create JavaScript. With credentials like that, you can bet that the future of BAT is bright.
With so many other currencies collapsing, BAT remains surprisingly consistent, which is a good sign of a healthy currency.
Demand for the currency is expected to increase, likely leading to an increase in the value of the currency in 2021.
In the end, however, it depends on how the community around the Brave browser grows and whether people see value in the idea.
Have you considered buying BAT?
View Basic Attention Token (BAT) price
Uniswap
At the launch of UNI, 1 billion tokens were created. A full 60% of these would be allocated to the community over a 4 year period. What came as a surprise to many in the Uniswap community was the announcement that a full 25% of this allocation to the community (15% of the total) would be sent to the first users of the protocol.
There will be an opportunity to earn more UNI through incentives for Liquidity Mining. There are a number of pools that will distribute these rewards over a two-month period. These are:
- ETH-USDT
- ETH-USDC
- ETH-DAI
- en ETH-WBTC
This liquidity stimulation scheme started on September 18 and will run for two months. A total of 5 million UNI will be distributed herein. This will be just over 83,000 UNI per day per pool.
Only hours after UNI was released to the public, it was listed on Coinbase Pro and Coinbase. A few hours later, UNI was also available on Binance. So there is a great deal of support from exchanges for UNI.
One of the main advantages of UNI is that as an owner, you can vote on important board decisions. This includes the ability to influence how the money is spent to improve Uniswap.
Men will assume that those who vote on proposals will choose those that are more likely to increase the reach of Uniswap and thus the value of the ecosystem. They will vote based on their economic interest.
Those who only hope for profits for the UNI will slowly face 2 percent inflation each year. But if you use UNI to vote or you provide liquidity, etc., you will get some of that protocol inflation and grow with the ecosystem.
Tezos
Tezos is currently in the top 20 largest cryptocurrencies in the world – but its performance in 2021 could potentially push it higher on the list. According to TradingBeasts, the blockchain network (which opened via a record-breaking ICO in 2017) is set for a period of slow but steady growth, rising from $2.15161 at the end of November 2020 to $2.21197 at the end of April 2021.
After a year-long loss of value in both 2019 and the first half of 2020, the prospect of growth (however small) is an encouraging one for many Tezos investors. This growth is largely due to the fact that Tezos was selected by the financial group Elevated Returns (ER), which was looking for a blockchain platform where it could offer a tokenized offering worth $1.6 billion to real estate investors.
Thanks to the growing interest in the world of DeFi, this investment by ER is excellent news for the once-dragging crypto. The utility token, which will be called ERX, will come on line before the end of 2020.
As an added benefit, you can stake Tezos on Bitvavo with 6% interest per year.