Top 10 Cryptocurrencies to Watch in 2021

Are you ready for the next big thing in the world of cryptocurrencies? With the rise of Bitcoin and other digital currencies, it's no surprise that investors are looking for the next big thing. In this article, we'll take a look at the top 10 cryptocurrencies to watch in 2021.

1. Bitcoin (BTC)

Let's start with the obvious choice - Bitcoin. As the first and most well-known cryptocurrency, Bitcoin has been around since 2009 and has seen its fair share of ups and downs. However, in recent years, Bitcoin has become more mainstream and has even been adopted by some major companies like Tesla and PayPal.

With a market cap of over $1 trillion, Bitcoin is still the king of cryptocurrencies. While it may not see the same explosive growth as some of the newer coins, it's still a solid investment for those looking for a long-term hold.

2. Ethereum (ETH)

Next up is Ethereum, the second-largest cryptocurrency by market cap. Unlike Bitcoin, Ethereum is more than just a digital currency - it's a platform for building decentralized applications (dApps) and smart contracts.

Ethereum has seen explosive growth in recent years, thanks in part to the rise of decentralized finance (DeFi) and non-fungible tokens (NFTs). With a market cap of over $200 billion, Ethereum is definitely a cryptocurrency to watch in 2021.

3. Binance Coin (BNB)

Binance Coin is the native cryptocurrency of the Binance exchange, one of the largest cryptocurrency exchanges in the world. Binance Coin is used to pay for trading fees on the exchange and can also be used to purchase other cryptocurrencies.

In recent years, Binance has expanded its offerings to include a decentralized exchange (DEX) and a blockchain platform for building decentralized applications. With a market cap of over $50 billion, Binance Coin is definitely a cryptocurrency to watch in 2021.

4. Cardano (ADA)

Cardano is a blockchain platform that aims to provide a more secure and sustainable infrastructure for decentralized applications. Unlike Ethereum, which uses a proof-of-work (PoW) consensus algorithm, Cardano uses a proof-of-stake (PoS) algorithm, which is more energy-efficient.

Cardano has been gaining traction in recent years, thanks in part to its focus on sustainability and its partnerships with major companies like PwC. With a market cap of over $40 billion, Cardano is definitely a cryptocurrency to watch in 2021.

5. Polkadot (DOT)

Polkadot is a blockchain platform that aims to provide interoperability between different blockchain networks. In other words, Polkadot allows different blockchains to communicate with each other, which could help to solve some of the scalability issues facing the cryptocurrency industry.

Polkadot has been gaining traction in recent years, thanks in part to its partnerships with major companies like Chainlink and Kusama. With a market cap of over $30 billion, Polkadot is definitely a cryptocurrency to watch in 2021.

6. Ripple (XRP)

Ripple is a blockchain platform that aims to provide fast and secure cross-border payments. Unlike Bitcoin and Ethereum, which are decentralized, Ripple is a centralized platform that works with banks and financial institutions.

Ripple has been gaining traction in recent years, thanks in part to its partnerships with major banks like Santander and American Express. With a market cap of over $20 billion, Ripple is definitely a cryptocurrency to watch in 2021.

7. Chainlink (LINK)

Chainlink is a decentralized oracle network that aims to provide secure and reliable data feeds for decentralized applications. In other words, Chainlink allows dApps to access real-world data, which could help to unlock new use cases for blockchain technology.

Chainlink has been gaining traction in recent years, thanks in part to its partnerships with major companies like Google and Oracle. With a market cap of over $15 billion, Chainlink is definitely a cryptocurrency to watch in 2021.

8. Litecoin (LTC)

Litecoin is a cryptocurrency that was created in 2011 as a "lite" version of Bitcoin. While Litecoin shares many similarities with Bitcoin, it has a few key differences - namely, a faster block time and a different mining algorithm.

Litecoin has been around for a while, but it's still a solid investment for those looking for a long-term hold. With a market cap of over $10 billion, Litecoin is definitely a cryptocurrency to watch in 2021.

9. Stellar (XLM)

Stellar is a blockchain platform that aims to provide fast and low-cost cross-border payments. Unlike Ripple, which works with banks and financial institutions, Stellar is a decentralized platform that aims to empower individuals and small businesses.

Stellar has been gaining traction in recent years, thanks in part to its partnerships with major companies like IBM and Deloitte. With a market cap of over $5 billion, Stellar is definitely a cryptocurrency to watch in 2021.

10. Dogecoin (DOGE)

Last but not least, we have Dogecoin - the meme-inspired cryptocurrency that has taken the world by storm. While Dogecoin started as a joke, it has since gained a cult following and has even been adopted by some major companies like Dallas Mavericks owner Mark Cuban.

While Dogecoin may not be the most serious cryptocurrency on this list, it's definitely one to watch in 2021. With a market cap of over $40 billion, Dogecoin has proven that even a joke can become a serious investment.

Conclusion

So there you have it - the top 10 cryptocurrencies to watch in 2021. Whether you're a seasoned investor or just getting started in the world of cryptocurrencies, these coins are definitely worth keeping an eye on.

Of course, it's important to remember that investing in cryptocurrencies is always a risk. While these coins have shown promise in recent years, there's no guarantee that they will continue to perform well in the future.

That being said, if you're looking for a long-term hold or just want to dip your toes into the world of cryptocurrencies, these coins are definitely worth considering. Happy investing!

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