Top 10 Cryptocurrencies to buy before the end of 2021.

Share This Post

Cryptocurrency is now the mainstream for digital finance as its total assets are already in trillions of dollars. We would be looking at some mainstream cryptocurrencies that are very likely to explode in value in 2021 and beyond.

Top 10 Cryptocurrencies

Here are our top 10 cryptocurrencies picks:

    The first on our list is the ALPHA of the cryptocurrency circle and the leading cryptocurrency asset presently, the BITCOIN, as of the time of this post the digital asset is already trading at an all-time high of $66,000. This means BITCOIN has grown over 100% after we encountered the last market major dip in August. This goes further to show that the cryptocurrency asset still has massive potentials for growth.
    Also, looking at the level of demand in relation to the supply level, from the economical perceptive it is important to note that the BITCOIN still has the potential of getting to the $200k – $500k price level, due to the fact that the total capped supply of the digital asset is at 21 million, which is very little looking at the nature of the coin as the largest and most adopted cryptocurrency. We should also note that it is becoming more difficult to mine the digital asset as compared to its infant years thereby further hampering the supply of BITCOIN.
    Another significant factor influencing and limiting the supply of BITCOIN is the BITCOIN HALVING, the impact of the halving is that it reduces the benefits of the miners on each block they mine by half and this in turn has a major effect on BITCOIN supply. The impact of this is that it causes the BITCOIN price to further go higher thereby making demand way higher than supply and increasing the value of BITCOIN.
    The first BITCOIN HALVING took place in 2016 and a year after the halving the price of BITCOIN rose by a whopping 2000% taking the digital asset to an all time high of about $20k, the second halving happened last year 2020 and a year after we can see that the price of BITCOIN has grown again by 200% just a year after the 2020 halving. Therefore, looking at the previous price behavioral pattern it is very like that the price of BITCOIN would grow another 300% before the next halving which would happen in 2024.
    What’s a top 10 cryptocurrencies list without Bitcoin???
    The second on our list is also the second largest cryptocurrency asset in the world, currently trading at about $4k as at the time of this post. Ethereum has a massive potential for growth as its involvement in the Dapps markets and also the Defi market is very deep, the value of the coin can only continue to be on the rise as a lot of institutional players are beginning to invest in the Defi and Dapps industry.
    Another factor that would influence the massive long-term growth of this digital asset is its upgrade to the upcoming system known as ‘Ethereum 2.0. This would make the Ethereum blockchain platform switch from its previous Proof of Work (POW) blockchain technology to the new Proof of Stake (POS) blockchain technology. You might want to ask why this would help, the new POS blockchain technology would reduce energy consumption massively, as one of the major challenges facing some of the cryptocurrency asset is the energy required to mine the coins from their blockchain. Currently mining Ethereum consumes almost the same level of energy as a small country, which makes it very expensive mining, also, the energy consumption might not be clean energy, which is bad. As big organizations are trying all they can to use clean energy in other not to cause further environmental damage. Now with this new development, big institutional players would be willing to put in more resources as there are no damages whatsoever that the new Ethereum blockchain would be causing again. So, if you are looking for a long-term crypto asset to invest in and you have some good bucks but cant afford a BITCOIN, Ethereum is another sure bet.
    This digital asset which is also decentralized is currently the 6th largest in the cryptocurrency world today boosting a market cap of over $57 Billion dollars as at August 2021. The digital assets direct involvement with the regulated banking system which is a result of the cryptocurrency nature has made it go through a lot of legal battles and regulatory issues still this hasn’t hampered the growth of the asset as it seems to still continue to thrive.
    One of the major breakthroughs the Crypto digital asset has made recently is the adoption of Ripplenet by an Omani bank that announced that it would start using XRP for cross-border payments. After this announcement was made the price of Ripple (XRP) went up 18% in a day. The fact that some banks are already beginning to adopt the Ripplenet into their financial system goes to show that massive potential the Digital asset holds. Another benefit is that the coin is not mined therefore the energy consumption involved is very little which goes further to encourage a lot of institutional investments.
    Dogecoin amongst other things is already a millionaire maker coin as reflected in its explosive rise of over 10,000% from the second quarter of 2020 to the second quarter of 2021. This as its also reflected in the charts was influenced fundamentally, through the Tesla Billionaires (Elon Musk) tweet and active promotion of the Cryptocurrency Asset.
    Dogecoin almost hit the $1 dollar mark in the second quarter of the year before the cryptocurrency Dip, this goes a long way to show that the digital asset still has the ability to get to the $1 dollar price level.
    The Tesla Billionaire is not yet done with this Cryptocurrency asset has he has announced that they are working on the project Dogecoin to the moon, which they called Doge – 1. This project is expected to be executed in the first quarter of next year. So, we all should know what is coming as we might be seeing another price rise of over 1000%. The price of dogecoin is easily affordable now.
    One way to examine a cryptocurrency asset and understand if its suitable for long term investment is to check their stability, and the structure in which the digital asset operates of is established on. UNISWAP is one of the biggest tokens in the Defi project and this can be seen from the model they have built which allows cryptocurrency users to make monetary benefits from their platforms through the staking process which increases the number of users trading actively with the token. Within a period of 7 months UNISWAP has grown from a price of just $0.42 when it was newly introduced to about $27 which the digital asset is currently trading at.
    UNISWAP hit its all time high on the 8th of May 2021 with its price at $44.7, before plunging during the dip. The digital asset is already on its way to recovery as the cryptocurrency market is already entering its bullish run period.
    Taking the bullish run season into consideration it is most likely that the UNISWAP token is going to get back to its previous high. Then eventually surpass it. This is also due to the recent massive Defi institutional involvement and dynamic nature of the crypto asset.
    Currently ADA is the 4th largest cryptocurrency Asset with a market capital of over $72 Billion. It joins our top 10 cryptocurrencies list like a boss.
    What makes this coin steady and also reliable is the fact that it is a well structured blockchain platform, with a lot of improvement and also enhancement as compared to the Ethereum blockchain. This is due to the fact that the pioneers of the project take a lot of time in fashioning out better options which helps them solve the problems some other blockchains might be facing.
    Cardano has a massive potential for growth as there are still a lot of work in progress going on with the blockchain development, the most notable being the smart contract project, which was launched on the 12th of September already attracting a lot of users and institutional investors into the ecosystem as Cardano’s blockchain technology seems to be more advanced than that of the Ethereum in numerous ways.
    Although the Cardano (ADA) coin has recently been trading in a sideways move, the price of the cryptocurrency asset is likely to reach about $5 at the end of the year.

ADA price analysis

    Chainlink came into existence in 2017, and it came with a shocking innovation which is known as ‘Decentralized Oracle’. This innovation solves the problems of the traditional blockchain and also the challenge which has always plagued the oracle chain. Chainlink technological innovation has brought about blockchain solutions which is solving the difficulty in connecting outside information sources to blockchain smart contracts in a common language.
    FX leader’s analyst Skerdian Meta has speculated also that the price of the digital asset is likely to be trading at $50 by the end of the second quarter of 2021 which was an accurate speculation because before the crypto market dip in May, LINK was already trading at $51 dollars.
    Therefore, due to the fact that we are in the crypto bull run season, it is very likely that the digital asset is going recover to its previous highs, before getting to a new record high. As at the time of this post the crypto asset was trading at $28. So, this is also another exciting opportunity for our readers.
    Another cryptocurrency asset with immense potential and also growing popularity is the PANCAKE SWAP whose native currency is called CAKE. PANCAKE SWAP is similar to UNISWAP as it allows for users to trade in its liquidity pools. The difference however is the fact that PANCAKE SWAP is a token on BEP20, using the Binance Smart Chain for smart contract exchanges. It has also enjoyed some funding from BSC in the Defi accelerator project.
    The good thing about the PANCAKE SWAP is that it also makes provision for yield farming where the users who stake their token in its liquidity pool can earn CAKE as rewards.
    The crypto asset currently has a market price capitalization of over $4.7 Billion dollars and has a lot of room to grow as the crypto market is currently in a bull run period.

With this, CAKE qualifies to be on our top 10 cryptocurrencies list.

    One of the very few earliest altcoins after the BITCOIN is the LITECOIN, the coin although has not grown as speedily as its other counterparts such as Ethereum, Binance coin, etc. The crypto asset still remains steady as it excels in transaction speed and also low transactions fee charges. This gives it an edge over the crypto alpha ‘BITCOIN’ as it takes just about 2.5 minutes to process a transaction on the LITECOIN blockchain while it would take up to 10 mins and about 5 mins on the new lighting blockchain network.
    The cryptocurrency coin is also one of the largest in the crypto market boosting a market cap of over $14 Billion. Another prospect seen is the fact that just like BITCOIN it has a limited number of minted tokens. Which would in turn lead to a situation where there would be more demand than there is supply.
    LITECOIN got to its all-time high price at $411 in the second quarter of 2021, and is currently trading at about $196. The digital asset is very likely to test its previous high at $411, due to the current bull run thereby making a 100% profit from its current price position.
  1. TRON (TRX)
    Another cheap, but widely acknowledged and fast-growing token is the TRON token. Tron currently have a market capitalization of over $7 billion and is a blockchain platform built with good smart contract integration, and already has a lot of tokens using its TRC20 token standard to initiate their smart contracts.
    The token reached its All-time high in the second quarter of 2021 at $0.18, before taking a dive down during the dip. This has not discouraged major buyers as they keep HODling the Native token TRX and also acquiring more.
    It is also very likely that like BITCOIN, TRON would ascend to its All-time high, and after it retest the price position, Tron’s price is likely to break further taking the crypto asset to as high as $1.
    So, lets keep our fingers crossed.
    It is worthy to note that the cryptocurrency market still remains highly volatile and can make you a fortune in days at the same time do otherwise.

Where to buy tokens

  1. Coinbase
  2. Binance
  3. flitaa (Nigeria and Kenya)

Did you like our top 10 cryptocurrencies pick? What do you think?.


Related Posts

The best place to buy Babydoge Coin in Kenya and Nigeria (2022)

What is Babydoge The Baby Doge Coin (BABYDOGE) is an...

Just 10% Of Bitcoin’s Supply Is Available For Mining

10% Of Bitcoin's Supply Is Available For Mining According to...

This Is Exactly How DON-JAZZY made $300,000 in 10 minutes from selling an NFT.

Mr. Michael Collins Ajereh popularly known as Don Jazzy...

Wakanda Inu Burns 76% of its total supply making the meme token more valuable.

Africa's first meme coin Wakanda Inu burn finally burns...

Millions of dollars are being paid for virtual land in the Metaverse

Virtual land in the Metaverse NFT trading volume reached a...

Wakanda inu to burn 750T units (76%) of its total supply.

The Africa first Meme token Wakanda Inu has announced...
- Advertisement -spot_img