When it comes to Cryptocurrencies, most people think of the Bitcoin as it is so far the most popular cryptocurrency, but more than 5,000 Cryptocurrencies are used in the world. Cryptocurrency investors have made high profits for the past few years, thus attracting many people. There is still room for profitable investments in cryptocurrencies, but most budding investors need more information to help them make better investment decisions. That is why we have come up with this list of the top 10 fastest rising Cryptocurrencies to help you make a more informed decision.
1. Bitcoin – BTC
Bitcoin is the pioneer of cryptocurrencies and also the most used cryptocurrency. It is also the crypto with the highest liquidity, and the value continues to rise each year. This cryptocurrency attracts many crypto traders, due to it’s constant increase over the years. The high number of users makes it a safer option for investors compared to other less stable cryptocurrencies.
The increasing demand for the Bitcoin is expected to push its price higher in 2021 as there will never be a new supply of Bitcoins. Bitcoin also aims to become the only decentralised global peer-to-peer, digital cash that is free from regulation.
2. Litecoin – LTC
If you are a cryptocurrency investor, Litecoin should be on your radar this year as it has a large market cap and high liquidity. One way of avoiding risks in cryptocurrency investments is by avoiding coins with small communities and market caps. Litecoin may have experienced a fluctuation in 2020, but analysts predict that it will rise this year.
3. Ethereum – ETH
Ethereum is the second most liquid cryptocurrency plus it has a loyal team and community that help it stay stable and increase in value. The crypto remained one of the leading cryptocurrencies in 2020, and the trend is expected to continue in 2021. Another reason why ethereum will most likely rise in value, in the long run, is their open-source blockchain network that is always the preferred network for decentralised applications.
Ripple aims to provide an alternative financial payment system that would make cross-border payments instant, less costly and 100 percent safe. Many financial institutions have now adopted its blockchain, including JP Morgan, American Express, Banco Santander and many more.
Ripple’s most recent supporters include Bank of America and HDFC Bank Limited, the leading banks in America and India. Therefore, there is a brighter future for this crypto.
5. Basic Attention Token – BAT
The last three years have been good for BAT, and the demand for the coin is growing. Increasing demand will most likely lead to a price increasing, making it a coin to pay attention to.
TRON was on the Ethereum network to bring change to the entertainment industry and content creation. Like Ethereum, TRON is expected to rise steadily in the future due to the increasing rise of dApps and new updates that have improved its privacy.
Like Ethereum, Neo allows developers to use their blockchain to launch decentralised applications. The value of this cryptocurrency is slowly rising upwards, and it has a bright future due to its additional feature of allowing the creation of applications, smart contracts and digital assets on its blockchain.
8. Binance Coin – BNB
Any investor interested in an alternative to ETH and BTC can go for BND as it is currently one of the most liquid cryptocurrencies. The coin also has a consistent growth, and its price has tripled recently. All Binance exchange transactions are done using the coin, making them a huge player in terms of usage.
EOS is attracting new investors from Ethereum due to its ability to overcome most of Ethereum’s barriers. For example, unlike Ethereum, EOS does provide services that do not require programming knowledge to developers. The platform is also faster than leading cryptocurrencies like Bitcoin and Ethereum.
10.ZCash – ZEC
ZCash is slowly gaining popularity due to features like the selective transparency of transactions and its high privacy. The crypto experienced a huge price drop in 2018, but it still maintained among the top 30 cryptocurrencies in market capitalisation. It has now regained its value and maybe the game-changer in 2021.
Paying Attention To The Top 10 Fastest Rising Cryptocurrencies
If you plan to invest in cryptocurrencies, you should start by observing the cryptocurrency’s potential to rise in the future. They can earn higher than stock alternatives, but there is much more risk associated. The above list of top 10 fastest rising Cryptocurrencies provides the leading cryptocurrencies provides some great option for cryptocurrency investors in 2021.