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Top 9 Cryptocurrencies To Trade In 2021 (In-Depth Review)

11 Min Read
Last Updated March 27th 2021

Do you want to skip the read and get right to our top picks? The best cryptocurrency to trade in 2021 for most traders is Bitcoin or Ethereum.

It has been more than ten years that Bitcoin was created. Satoshi Nakamoto mysteriously created Bitcoin, but it is getting bigger and bigger each day. Until today, we have to mention that Bitcoin precedes the list being the first cryptocurrency in every aspect. 

But, this does not mean that we should be stuck with Bitcoin. There are many other cryptocurrencies that we can trade. If you are one of the people who have not traded cryptocurrencies, but are thinking of doing it, and do not know which one to start with, here at Trading Education we represent the top 9 cryptocurrencies to trade in 2021.

Top 9 Cryptocurrencies To Trade In 2021:

  1. Bitcoin (BTC)
  2. Ethereum (ETH)
  3. Bitcoin Cash (BCH)
  4. Litecoin (LTC)
  5. Stellar Lumens (XLM)
  6. Tron (TRX)
  7. Iota (MIOTA)
  8. Tezos (XTZ)
  9. Cardano (ADA)

 

1. Bitcoin (BTC)

Bitcoin is one of the best cryptocurrencies to trade in 2021. BTC a word that you see so much for a decade now. “The pioneer of blockchain” is how Bitcoin is usually called since it precedes the list of the most potent coins. The first bitcoins ‘came into the world’ in January 2009. It started growing little by little, but this doesn’t mean that Bitcoin has been smoothly cruising since then. 

Bitcoin, in his lifetime, has experienced ups and downs. Bitcoin gained fame in December 2017, when it’s price almost reached $20.000. Later on, Bitcoin lost 65% of the value within one month, from January to February 2018. Thus, many critics say that it is not worth investing in Bitcoin as it experiences sudden big drops in prices, and it is extremely volatile.

Since this collapse happened, Bitcoin started to get better day by day, it started rising, and it reached its all-time high at $61,683, on March 14, 2021. At the moment Bitcoin dominates the crypto market cap with 60%.

2020 has been an exciting year for Bitcoin as big prominent companies such as Microstrategy have made large investments. Bitcoin has actually outperformed gold and stocks, and it is being considered a store of value by investors and a hedge against inflation.

Stock to Flow (S2F) creator, Plan B said that Bitcoin could reach $100.000 by December 2021. At the time of writing, Bitcoin’s price is $55,000. In other words, Bitcoin has shown throughout its history of existence that it is one of the best cryptocurrencies to trade.

Read More: Bitcoin Price Prediction Forecast

2. Ethereum (ETH)

Ethereum (ETH), also called Ether, has different features from other cryptocurrencies such as Bitcoin, Litecoin, or Ripple. Ether comes after Bitcoin, and the main philosophy behind it is decentralization.

Ether has become a virtual currency in the market. Therefore, it is a second currency after Bitcoin with the most influence achieving a market cap of $1 trillion. The platform itself has become very popular, and Ethereum has gained so much attraction lately from traders around the globe.

“The development of the asset class has continued to solidify itself. Ethereum has along the same lines of the staying power Bitcoin has,” the Managing Director at Grayscale Investments Michael Sonnenshein said. “There’s a growing conviction around Ethereum as an asset class,” he added. 

Read More: Ethereum Price Predictions

3. Bitcoin Cash (BCH)

Bitcoin Cash is a fork of Bitcoin. The transaction fees were real trouble in cryptocurrency blockchain, and for this manner, some Bitcoin developers wanted to find a total solution on this and came up with an idea. They proposed a resolution on deleting all the data in every block, but not everyone accepted this kind of solution. Thus, they created an entirely new coin called Bitcoin Cash. 

Bitcoin Cash was created in August 2017 and consisted of blocks storing 8 MB of data, allowing faster and frequent transactions with fewer fees than Bitcoin (BCT). It has been volatile showing that it is a good crypto asset to trade. At the time of writing, Bitcoin Cash price is around $520. 

According to Digitalcoin, Bitcoin Cash could reach $707 by December 2021.

Read More: Bitcoin Cash Price Analysis for 2021 (In-Depth Review)

4. Litecoin (LTC)

Litecoin is a cryptocurrency with a lot of similarities with Bitcoin. The founder of Litecoin wanted to create “the role of silver to Bitcoin’s gold,” and that’s why Charlie Lee created Litecoin in 2011, a coin that got many Bitcoin features with some curves. Bitcoins’ transactions take up to 10 minutes to make the transfer, but Litecoin takes less than three minutes. Litecoin's total circulating supply is 84 million. 66 million LTC are in circulation right now, which is 79% of the maximum. 

How sure can we be about Litecoin? Franklyn Richards, founder of Litecoin, in an interview, said that there are a lot of plans for Litecoin.

“Litecoin and cryptocurrency improve on this situation by reducing fees and transfer speeds of money across borders. Because there are no borders, it’s a decentralized network. Our goal is to make it as invisible to the user as possible, and that’s where we’re going to be spending a lot of time. That is our main driving force,” he said.

Digitalcoin predicts that by June 2021 Litecoin price could reach $319. At the time of writing, Litecoin price is around $200.

Read More: Litecoin Price Analysis for 2021

5. Stellar Lumens (XLM)

Stellar’s current digital currency is Lumens. Stellar was based on Ripple when created, but it works in different forms rather than mining. The transactions do not require very much time to be done and have a low fee. It is the reason why traders like Stellar. 

Too many similarities exist between Stellar and Ripple, but there is a considerable difference between these two cryptocurrencies also. The main difference is that Stellar seems that they want to simplify the payment for its users. 

Stellar was launched in 2014, named Stellar but was renamed in 2015, turning into Stellar Lumens. At the time of writing, Stellar price is around $0.38. 

Read More: Stellar Price Prediction Forecast

6. Tron (TRX)

“The Tron difference compared to other crypto and blockchain — we want to serve users better. In recent days, most of the decentralized blockchains are just communities, self-governed.” This is what Justin Sun said in an interview. Sun is only 28 years old, and he is the founder of Tron.

Tron has its platform called Tronix, where the creators can monetize their content, and while Tron is not going to overthrow Netflix, it is an excellent theoretical venture of investment. 

Tron’s momentary price is $0.05, and its all-time high was $0.300 on January 5, 2018. This year seems like a good year for Tron since it has reached a reasonable price and got higher for precisely one year. 

Trading Beasts made a prediction on Tron’s 2021 rise, saying that it could achieve the $0.079 price by the end of the year.

Read More: TRON Price Predictions

7. Iota (MIOTA)

IOTA’s main purpose is to participate on the Internet of Things by being the economic layer. IOTA was created by four people, David Sønstebø, Dominik Schiener, Sergey Ivancheglo, and Serguei Popov in 2015. 

IOTA’s life began as a hardware project whose aim was to develop low-cost general-purpose processors.

IOTA reached its all-time high price at $5.69 on December 19, 2017.

At the time of writing, IOTA price is around $1.34.

Read More: IOTA Price Prediction Forecast



8. Tezos (XTZ)

Tezos is a smart platform that does not involve mining coins. Morgan Stanley analyst, Arthur Breitman is a founder of Tezos. Tezos is listed as the 20th cryptocurrency in Coinmarketcap’s list. It first was introduced in 2017.  

At the moment Tezos price stands at $3.90. Tezos all-time high price was $4.48, on August 13 2020, which actually tells us that 2020 has been a fascinating year for Tezos, bringing high returns for traders.

One of the biggest crises Tezos experienced was in March 2020, along with the rest of cryptocurrencies due to the Coronavirus Pandemic.

Analysts believe that 2021 might be a good year for Tezos. Digitalcoin predicts that Tezos could reach as high as $5.75 by the end of 2021.

Read More: Tezos Price Predictions 

9. Cardano (ADA)

Although Cardano is our last pick, without any doubt, it is one of the best cryptocurrencies to trade in 2021. Charles Hoskinson, the founder of ADA, 

has recently said that ADA’s popularity is growing as the ADA team is putting a tremendous effort.

“People are taking their bets. People are looking at the science, people are looking at the team, they’ve looked at the progress made already, they looked at the philosophy, how we go about doing our business, and they made a bet that Cardano seems to be a contender,” he said.

Cardano (ADA), for the moment, is worth around $1.04, and its all-time high price was $1.33, reached on January 4, 2018. As mentioned above, Cardano is getting more popular and becoming more attractive for traders, as it is proving to be a profitable coin.

Digitalcoin predicts that the price of Cardano in 2021 could reach $1.53.

Previsioni Bitcoin is more optimistic predicting the Cardano price to go as high as $5.29 by December 2021, which would be a tremendous achievement for investors.

Read More: Cardano Price Prediction Forecast

eToro - The Best Place to Trade Cryptocurrencies

eToro is a social trading platform where users can start trading cryptocurrencies easily as it has a user-friendly platform. eToro was founded in 2007 and has more than 18 million users from different countries worldwide. 

eToro have proven themselves trustworthy within the Crypto industry over many years – we recommend you try them out.

Virtual currencies are highly volatile. Your capital is at risk.

Key Points

  • Top 9 cryptocurrencies to trade in 2021 are Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Stellar, TRON, IOTA, Tezos and Cardano.
  • Bitcoin precedes the list by being the first. At the moment Bitcoin dominates the crypto market cap with 60%.
  • Ethereum comes after Bitcoin, and the main philosophy behind it is decentralization.
  • According to Digitalcoin, Bitcoin Cash could reach $707 by December 2021. 
  • Bitcoins’ transactions take up to 10 minutes to make the transfer, whereas Litecoin takes less than three minutes.
  • Stellar was launched in 2014, named Stellar but was renamed in 2015, turning into Stellar Lumens.
  • Tron has its platform called Tronix, where the creators can monetize their content.
  • Analysts believe that 2021 might be a good year for Tezos. Digitalcoin predicts that Tezos could reach as high as $5.75 by the end of 2021.
  • Previsioni Bitcoin predicts that Cardano price might go as high as $5.29 by December 2021, which would be a tremendous achievement for the coin.
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