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7 altcoins to watch closely in 2021
It’s obvious, we are in an altcoin season in 2021! The current performance of Ethereum should not make us forget the enormous potential that certain cryptocurrencies possess. While some have exploded, others are still affordable. This article introduces you to the top 7 altcoins to follow in 2021.
Binance coin (BNB)
This cryptocurrency is the native token of the Binance exchange platform. Since its creation, the price of this altcoin has evolved enormously, especially in 2021. The Binance platform token has indeed grown in recent months. It is probably for this reason that Investor places, an interesting media on the subject of digital assets thinks that Binance coin has a bright future. This altcoin offers you several possibilities. On Binance, in fact, there is an option that promotes the direct transformation either in large quantities or in low value of the cryptos you have into BNB. These granted facilities make Binance very interesting.
Chiliz is the famous cryptocurrency used for NFTs. Non-fungible tokens allow the purchase of digital art, collectibles and the exchange of music. NFTs are a very big revolution. Chiliz is now in 2021, an overused altcoin on several platforms including socios.com and chiliz.net. These two platforms are related to sports mainly, football and other sports. On socios, people who buy Token from their favorite football club, namely Athletico and Barcelona for example, have voting rights on what these clubs will do in the coming years. Thanks to NFT, supporters will be able to get involved, give their opinion and have an impact on the decisions of their clubs. The Chiliz is still very inexpensive and therefore underpriced. It is for this reason that this altcoin must be watched very closely in 2021.
The Decentraland digital asset is also an NFT project but it is a blockchain-based virtual world project. It is a virtual world in which you can buy land, houses, buildings, etc. The cryptocurrency used for these purchases is MANA. The giant American group Grayscale has invested in this project. This altcoin is therefore not to be taken lightly in 2021.
Enjin coin (ENJ)
The price of Enjin coin is currently hovering around $2.36. This is an old blockchain-based game that has developed its own Token. It also has enormous potential, because its system makes it possible to develop, exchange, monetize the Bitcoin market around video games. It is important to note that for the past few weeks the world of video games has been booming. This altcoin therefore has a future in 2021. The world of gaming is more profitable than that of cinema and music combined. It is a Token to follow very closely. In addition, Coinbase Globale had also launched this Token on its platform. This reinforces the notoriety of this digital asset.
Litecoin is a technology that has been created for a long time and is used to make transactions much faster than Bitcoin. Originally, its creator wanted to make it into improved Bitcoin. Litecoin is indeed a currency with great potential. The price of this altcoin will experience an evolution in 2021. It is currently still undervalued. If Bitcoin is comparable to gold, Litecoin is comparable to silver. Litecoin is an altcoin to watch closely in 2021.
The Polkadot is currently around $38. This project has been around for a long time. It is a Swiss project that dates from 2016. It allows developers to create their own blockchain and connect them to each other. This constitutes a huge potential. The increase in the number of different blockchains will undoubtedly encourage the creation of projects like Polkadot which will make it possible in the future to link these different blockchains. This seems obvious since it will no longer be possible at some point to have tens of thousands of altcoins on the market. There will be concentration and possibly buyouts in all markets. Polkadot too is an altcoin closely watched in 2021, like previous cryptocurrencies.
Stellar is a system that helps banks. It favors large financial transactions. It therefore allows you to operate faster, to go faster in order to be more efficient. It is obviously a big project that looks like XRP and is really decentralized. The Stellar has enormous potential. This project has been supported for a very long time by very large firms such as Deloitte and IBM. Its price currently hovers around $0.5. It is an altcoin to watch closely in 2021.
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