Who Will Explode on Crypto?
Because of the skyrocketing value of cryptocurrencies, the currency is getting popular every passing day. Especially when Bitcoin became an all-time high, soaring close to $64000. But it started at a low price of $0.0008 when Bitcoin made its debut in the market in the year 2010.
But Bitcoin is not the only one in the market. There are lots of other Bitcoins already available in the market, and more of them are being created and generated every day. Each of them has the potential to show exponential growth.
Some cryptocurrencies to keep an eye on 2021
With gaining popularity among investors, people are looking for trends and insights on the next crypto coins, which will explode as Bitcoin did earlier. There are also chances that the cryptocurrencies will create new records, or the opposite can also happen. But here are some digital currencies that can explode in the year 2021.
ICP (Internet Computer)
Launched in May 2021, Internet Computer has seen a significant amount of success in the first three days of its launch. After the first three days, the market value of Internet Computer reached 35 billion dollars. The current market cap of this coin is $8.7 billion. The objective of this project is to overcome the shortcomings of the internet and replace it with the modern internet. This coin can be purchased from Binance.
Enjin has been launched recently; it is an Ethereum based digital currency whose goal is to provide backing for non-fungible tokens. It can also help developers with in-game purchases by making use of blockchain technology. It has a market cap of $1 billion. Enjin is currently available in eight different markets.
Safemoon was launched in May 2021; it is an altcoin. It is crowdfunded, and a fair launched Defi coin. It has more than 2 million holders in just a couple of months. The market cap of this coin is around 2.2 billion. A unique feature of this digital coin is that the user of this coin is penalized while selling this token. A fee charge of 10% is applied while selling this coin, and half of it is distributed among the other holders.
NKN is designed for a decentralized internet; it is also blockchain-based. The market cap of this token is $212 million. The characteristics of this token are that it has low latency, it supports a surprising amount of nodes and 100% peer to peer decentralization operation.
All these digital coins have fair chances of exploding in the market. Be sure to track them but also check other coins too. Listen to different advisors and keep doing your own research too.