However, with more than 8000 different crypto coins available in the market, choosing one to invest in 2021 will not be an easy task for a novice.
Moreover, if you want to invest in those specific coins that are poised to explode in 2021, things will be all the more difficult.
Yes, there are some crypto coins that are supposed to do big in 2021 and even bigger in the years to come.
When it comes to choosing crypto coins based on the investment opportunities and returns offered, remember that there is no particular cryptocurrency that you can single out to be the best to invest in.
There are lots to choose from and this list seems to be growing eternally. Check out Best Cryptocurrencies that Could Double the Money.
Therefore, your choice should depend on your investment goals as well as the specific experience you have in it.
If you do not want to go through the time-consuming process of researching to distinguish between the worthy ones and the unproductive ones, here is the help coming your way.
- 21 Best Cryptocurrencies that are Poised to Explode
- 1. BTC – Stable and Widely Used Coin
- 2. BCH – Cheaper to Invest and Transact
- 3. ETH – Higher Liquidity
- 4. DOGE – Immense Support from the Reddit Community
- 5. ADA – Unique Ouroboros Blockchain
- 6. XRP – Decent Market Cap
- 7. BNB – Allows Portfolio Diversification
- 8. LINK – Combines Oracle with Blockchain
- 9. UNI – Bright Future
- 10. DOT – Facilitates Cross Chain Transfer
- 11. ICP – New but Prospective
- 12. ENJ – Supports Non Fungible Tokens
- 13. SAFEMOON – A Coin with Unusual Feature
- 14. NKN – Developed for Decentralized Internet
- 15. DIEM – Stable Coin with Low Volatility
- 16. YFI – Several Decentralized Financial Services
- 17. MANA – A Popular Virtual Reality Platform
- 18. KSM – Create Own Blockchain Protocol
- 19. BTT – Excellent Speculative Coin
- 20. AAVE – Good Prospects
- 21. DEFC – Innovative Tax Policy
21 Best Cryptocurrencies that are Poised to Explode
If you are looking to invest in crypto coins that are poised to explode in 2021, you should not make your choice based on volatility, price of the coin or its market cap only. You should also look for other aspects such as:
- The security features
- The track record of the coins and
- A reliable broker having a wide range of crypto coins to trade with.
You must also stay away from those unknown cryptocurrencies that guarantee a profit knowing that the crypto market is risky and highly volatile.
If it is too much for you to do from your end, here is a list of some of the best crypto coins that will explode in 2021. Choose one from it and expect to have a complete peace in mind.
1. BTC – Stable and Widely Used Coin
This is the first type of crypto coin that should come to your mind when it comes to investing in one that can explode in 2021.
Yes, it can really explode as experts think it will soon reach the $100,000 mark this year itself.
Undoubtedly, this crypto coin, which was the first, is also good enough to be the last one standing.
It has the highest liquidity and there will be no problem in buying and selling it. It is stable and in demand and therefore mass adoption can be expected in the years to come.
Tesla has invested a huge amount in BTC which has increased its price significantly and the fact that the coin circulation will never be more than 21 million will only fuel its price.
2. BCH – Cheaper to Invest and Transact
BCH or Bitcoin Cash is a particular coin that is poised to surpass the 2000 mark by early 2022 in spite of it being relatively less favored by the staunch supporters of Bitcoin.
It is a Bitcoin fork and was launched in August 2017, but within this short span of life it has gained a lot of traction, and that too from some of the major players in the crypto industry.
One of the most significant reasons for the popularity of Bitcoin Cash is Bitcoin itself.
Over time, Bitcoin has changed quite a lot from what it was initially intended to be and has adopted a few unnecessary things such as SegWit2x and Lightning Network.
This, experts believe, is contradictory to the original vision of Satoshi Nakamoto, the arguable creator of Bitcoin.
Bitcoin Cash, on the other hand, has focused on things, such as smart contracts and others, that are more important and useful in today’s digital world.
This made people favor Bitcoin Cash over Bitcoin. Add to that, Bitcoin Cash is a much cheaper option to invest as well as to carry out any transaction.
Apart from that, it offers a lot of opportunities to the investors to make significant wealth.
BCH has the potential to reach a high level in 2021 and get rid of the bullish wave which makes it a good option to invest in and get higher returns in about five years from now.
3. ETH – Higher Liquidity
ETH is expected to cross the 15000 mark by the end of 2021 and therefore is a good one to consider investing in.
With its features and functionality, nothing can possibly go wrong with Ethereum, experts suggest.
It is one of the best cryptocurrencies and a major one to introduce smart contracts. In terms of liquidity it stands second to Bitcoin.
This means that it will always be easy to buy and sell Ethereum which will surely increase its value significantly in 2021 and explode in the long run.
4. DOGE – Immense Support from the Reddit Community
Though it all started as a joke, Dogecoin is taken quite seriously now and is poised to explode in 2021 with a 100% increase in the value of its native coin DOGE.
The most significant reason for DOGE to do so well is the immense support it has gained from the Reddit community which has resulted in a huge increase in its value.
Also, its support from Elon Musk has also helped Dogecoin to grow in importance once it is announced that DOGE will be accepted as a mode of payment at Tesla.
5. ADA – Unique Ouroboros Blockchain
The price of ADA is expected to increase up to $10 by the end of 2021 making it a strong contender in this list of crypto coins that are poised to explode in 2021.
It is all due to the uniqueness of its Ouroboros blockchain.
There are actually two blockchains in it that work together as one.
One blockchain handles the general aspects of the ordinary transactions and the other deals with the smart contracts.
It also uses time slots that are called epochs and a Proof of Stake algorithm. All these ensure higher speed and more scalability.
6. XRP – Decent Market Cap
With a decent market capitalization, XRP is one special type of cryptocurrency.
It is due to this particular feature that XRP has gained so much attraction from the major financial institutions more than the individual traders.
This makes it one potential crypto to explode in 2021 when more and more institutions will adopt cryptocurrency and seriously consider the native coin of Ripple to expedite the transaction process.
Also, the legal condition with the US Securities and Exchange Commission regulation has made this coin quite popular to be considered as a security and a good coin to invest in 2021.
7. BNB – Allows Portfolio Diversification
This is one of the best coins to invest in if you especially want to branch out your portfolio.
Binance, the company behind this coin, itself has an impeccable business history and experience which makes it a strong contender.
It has got all the resources that are necessary to make this liquid cryptocurrency a success.
8. LINK – Combines Oracle with Blockchain
Approaching $100 mark, LINK has had a marvelous 2020 and is expected to have an exploding 2021, according to the experts.
This is one of the top DeFi coins that uses ‘oracles’ to connect to the external blockchains.
This makes it easy for the smart contracts to respond to the external events in the blockchain.
It is transparent and secure and also ensures data legitimacy. The bullish movement shows a nice growth so much so that it may explode in 2021.
9. UNI – Bright Future
Showing signs of more than 100% increase in value, UNI is another good coin to invest in 2021 to get high returns.
This is a Decentralized Exchange that works on the Ethereum network and helps mainly in trading crypto coins.
This platform can change the entire way the system works today in the near future, cutting out the middlemen and directly connecting the buyers with the sellers.
In spite of being relatively young in the crypto space, UNI has shown some significant bullish movements and therefore its future is quite predictable and bright.
10. DOT – Facilitates Cross Chain Transfer
With more than 300% gains, DOT is another good coin to invest in though it is new to the market being launched in August 2020.
The main reason for its popularity and exceptional performance is that it facilitates cross chain transfers.
This means that you can share a larger and wider variety of assets and not only cryptocurrencies with other blockchains.
This is something that has fascinated the crypto community who wanted such a thing for a long time.
This has helped the different types of cryptocurrencies to communicate with each other and work together instead of competing amongst themselves to become the number one.
Experts believe that DOT coin will be more active and valuable in 2021 since it has nothing much to prove from its history being so young, and, therefore, can explode by the end of this year.
11. ICP – New but Prospective
ICP or Internet Computer may be not a coin that you will hear about often because it has been launched in May 2021.
However, the good thing about it is that it has tasted immediate success and its market value has risen up to a staggering height of $35 billion, and that too within just the first three days of its life.
With a current market cap of $8.7 billion the token is trading at $70.55 which indicates its potential to explode by the end of this year.
The best part of this coin is that it aims to overcome the limitations present in the internet and reinstate it with an up to date version. You can buy ICP at Binance.
12. ENJ – Supports Non Fungible Tokens
In addition to that, the ENJ also has several other use cases and one of the most significant ones among them is managing the in-game purchases by the developers using its unique blockchain technology.
In spite of being new in the block, the coin has a current market capitalization of $1 billion and its trading price is about $1.37, which is bound to rise in 2021.
You can get this coin easily in as many as 8 different places including Crypto.com and Binance.US.
13. SAFEMOON – A Coin with Unusual Feature
Launched in March 2021, SafeMoon is a community driven Altcoin.
As of now, there are more than 2 million holders of this DeFi token and it has happened in just a few months.
Available in nine different marketplaces, the current market cap of this coin is $2.2 billion. However, this particular crypto coin has a pretty unusual feature.
It penalizes the users who sell these coins by a 10% fee. The good thing is that half of the amount is distributed among the other coin holders.
14. NKN – Developed for Decentralized Internet
The unique aspect of this coin is that it can support millions of nodes.
This facilitates in making P2P operations that are 100% decentralized and has significantly low latency.
This coin can be bought from Binance to make the best use of its reasonably high market cap of $212 million.
15. DIEM – Stable Coin with Low Volatility
Diem of Facebook is another potential coin that can explode in 2021 soon after its launch, which is yet to happen.
However, it has already created a lot of buzz around the crypto market and its community providing them with high hopes for a good return on investment.
This centralized and more stable coin was called Libra before and is expected to be quite a popular crypto project all over the globe.
It is designed specifically for those investors who want a more stable cryptocurrency with low volatility.
It is less volatile because it has reserves for other assets and currencies.
16. YFI – Several Decentralized Financial Services
YFI is a limited cryptocurrency or a DeFi coin that is poised to explode in 2021.
With only 37,000 tokens in circulation, a single token is valued currently at $40,000, and that is as of June 2021.
Therefore, you can expect very high returns by the end of this year by investing in Yearn.Finance.
This is also known to provide a lot of different decentralized financial services including and not limited to lending, insurance, yield-generating products, and more.
And, all of these can be accessed without needing a middleman.
17. MANA – A Popular Virtual Reality Platform
This virtual reality platform, Decentraland, is quite innovative and is based on blockchain technology of Ethereum.
This is actually an in-game platform that will let the players play games, purchase digital items and interact with others as well.
You can use its native token MANA for performing all these activities.
With more and more people using this platform, the price of MANA has risen significantly from $0.02 a piece in 2017 to $1.50 in April 2021, indicating a gain of more than 7400%.
18. KSM – Create Own Blockchain Protocol
Kusama or KSM is a cryptocurrency that facilitates creating own blockchain protocol and innovations.
This comes with a huge potential to scale higher up, much higher than its $592 mark reached in May 2021.
Launched in December 2019, it has presently achieved gains of more than 33,000 %. Do the math and you will see that an investment of $2,000 made less than two years ago is now worth $660,000!
Therefore, it is sure to explode in 2021 and worth buying from exchanges like Binance.
19. BTT – Excellent Speculative Coin
The native coin of BitTorrent, BTT, is a highly speculative coin that comes with a lot of potential to explode in 2021.
Though it is yet to take off, the fact that this coin is linked with a popular P2P file sharing platform having the same name, makes it highly efficient.
You can purchase premium services such as VPN connectivity and ad-free viewing.
With a significant rise of about 2400% from 2019 to April 2021, this token comes with a market cap of $2.4 billion.
20. AAVE – Good Prospects
This is not like any traditional peer-to-peer lending site. Instead all loans are made in a decentralized way.
The interests earned on the loans are distributed among the investors.
Launched in October 2020, the AAVE token has gained over 1770% till date with its price increasing from $54 to $636 per token.
21. DEFC – Innovative Tax Policy
DeFi Coin or DEFC is the final entry in the list of crypto coins that are supposed to explode in 2021.
The innovative tax policy makes it a good option for long-term holding. Typically, the taxable amount will be calculated on only 10% of the number of coins sold.
Moreover, half of the amount of tax collected in the process will be given to the current Coin holders.
This is pretty similar to the dividend you earn on holding traditional stocks of a company. The other half of the tax amount is used for liquidity.
These coins are available as pre-launch sale at Binance Chain DEX.
Choosing crypto coins to invest in depends largely on whether you want to have a solid performance or go for the more adventurous ones. However, both ways, you must choose the best ones and exercise extreme caution to minimize risks.