Digital coins started 2021 with more steam than they did in 2017 with huge interest from investors and super intense growth.
Although they are currently going through a somewhat bearish period, crypto enthusiasts believe that 2021 will continue to be a really exciting year for digital coins. (Take note that most coins are still way higher than they were at the beginning of 2021!)
The relative increase in crypto prices has led investors to make new forecasts for their prices, some even considering figures of meteoric dimensions.
However, among cryptocurrencies, some always perform better than others.
The Top Best Digital Coins to Consider in 2021:
- Bitcoin (BTC)
- Ethereum (ETH)
- Cardano (ADA)
- Binance Coin (BNB)
- Dogecoin (DOGE)
- Uniswap (UNI)
- Chainlink (LINK)
- Aave (AAVE)
- Ripple (XRP)
- Basic Attention Token (BAT)
We have put together a list of the best digital coins of 2021 for you. So, without further ado…
1. Bitcoin (BTC) - Could $318,000 Per Coin Become A Reality?
Bitcoin will likely always be on top when talking about digital coins. Bitcoin is synonymous with cryptocurrencies and is the subject of much debate about whether it may be a worthy competitor to fiat currencies in the future.
During its existence, Bitcoin has experienced frequent ups and downs, which has made it volatile by nature.
In 2017 Bitcoin almost reached $20,000 and then went on to lose 65% of its value from January to February 2018. Critics have described it as unworthy of a long-term investment as it is incredibly volatile.
However, 2020 proved that Bitcoin is also an investment for large financial institutions.
It will be remembered as the year when PayPal launched crypto services on its platform and when MicroStrategy decided to transfer $1.3 billion of its reserve assets to Bitcoin.
This gave Bitcoin the push it needed towards a record of $41,941 on the 8th of January 2021.
“Bitcoin is engineered synthetic pharmaceutical-grade gold. It’s all of the benefits of gold, but you cannot make any more of it,” said Michael Saylor, CEO of MicroStrategy during an interview with CNBC.
And 2021 continued to be a mind-blowing year with BTC eventually reaching $64,863.10 on the 14th of April. More than three times its 2017 all-time high.
Elsewhere, way before BTC’s boom, in November 2020, Citibank analyst Thomas Fitzpatrick predicted that Bitcoin might reach a whopping price of $318,000 by December 2021, as per CoinDesk.
Fitzpatrick described Bitcoin as “exactly the kind of thing that sustains a long-term trend”.
Whether Bitcoin could reach $318,000, nobody knows for sure, but considering the recent growth, all the way to $50,000 Bitcoin has proven once again how it can surprise everybody.
Bitcoin 2021 Price Predictions
| Price Forecaster | Lowest Price | Highest Price |
|---|---|---|
| Trading Beasts | $26,800.738 | $40,686.174 |
| The Economy Forecast Agency | $20,309 | $37,108 |
| Gov Capital | $29,820.5075 | $47,721.2625 |
| WalletInvestor | $30,462.00 | $56,659.50 |
| DigitalCoin | $43,415.80 | $55,034.35 |
| Coin Price Forecast | $33,578 | $35,056 |
Would you invest in Bitcoin (BTC)?
2. Ethereum (ETH) - Could The London Fork Take Us To $3,387.910?
Ethereum almost always comes second after Bitcoin. Ethereum’s price is known for its correlation with Bitcoin’s and the recent crypto bull run was clear evidence of this.
When Bitcoin hit its all-time high, Ethereum also followed galloping up to an all-time high of $4,362.35 on the 12th of May 2021.
Ethereum is a decentralized open-source blockchain. Ethereum’s uniqueness stands at the concept of a blockchain smart contract platform.
Smart contracts are coded agreements that automatically execute the actions needed upon completion of certain actions to achieve an agreement among various parties on the internet.
As Ethereum’s network continues to grow in 2021, it is expected that there may be an even greater increase in price for Ethereum. Though there are several other smart contract platforms, Ethereum remains the most popular.
And what makes Ethereum ready for an explosion is its transition to proof-of-stake which should happen in 2021.
Though Ethereum 2.0 is already quite delayed, significant steps towards it will be made very soon with the London fork, which should take place on the 4th of August 2021.
Ethereum 2021 Price Predictions
| Price Forecaster | Lowest Price | Highest Price |
|---|---|---|
| Trading Beasts | $1,638.101 | $2,542.368 |
| The Economy Forecast Agency | $1,368 | $2,445 |
| Gov Capital | $1,801.91415 | $2,696.01975 |
| WalletInvestor | $1,981.500 | $3,387.910 |
| DigitalCoin | $2,610.17 | $2,906.31 |
| Coin Price Forecast | $2,276 | $3,196 |
How much would you invest in Ethereum (ETH)?
3. Cardano (ADA) - Can We Finally Get Smart Contracts?
Cardano is one of the top blockchain projects trying to outdo Ethereum in every way possible.
A proof-of-stake (PoS) blockchain platform, Cardano is a ‘third generation’ crypto and has a peer review system to ensure development leads to the best results.
Analysts believe that Cardano’s price may grow in 2021, although its growth depends on the release of smart contracts and other promised functionalities.
Throughout 2021 so far, several major features have been released that have boosted Cardano’s price to the point it is at today, including efforts to become more decentralised and create tokens on the blockchain.
Cardano 2021 Price Predictions
| Price Forecaster | Lowest Price | Highest Price |
|---|---|---|
| Trading Beasts | $1.08526 | $2.19339 |
| The Economy Forecast Agency | $0.95 | $1.62 |
| Gov Capital | $1.17215 | $1.71465 |
| WalletInvestor | $1.299 | $2.391 |
| DigitalCoin | $1.69 | $2.13 |
| Coin Price Forecast | $1.38 | $2.46 |
Could Cardano (ADA) make you a millionaire?
4. Binance Coin (BNB) - DeFi Underdog Is The Star Of 2021
Binance Coin is one of the top performers of 2021 so far. It exploded during the 2021 bull run largely because of the Binance Smart Chain, a parallel chain for smart contracts.
With the DeFi market booming and unpredictable Ether fees, many projects jumped to the BSC as a cheaper alternative.
Plus, if we see another bull run this year, we could likely see more activity with BNB because its original use was as a discount token at the Binance Exchange.
And so, if there is a rush to buy BTC, for example, demand for BNB will likely increase.
Binance Coin 2021 Price Predictions
| Price Forecaster | Lowest Price | Highest Price |
|---|---|---|
| Trading Beasts | $244.882 | $384.545 |
| The Economy Forecast Agency | $233 | $409 |
| Gov Capital | $274.3256 | $397.6999 |
| WalletInvestor | $276.210 | $525.798 |
| DigitalCoin | $415.72 | $523.18 |
| Coin Price Forecast | $304 | $592 |
What do you think? Is Binance Coin (BNB) the investment of the year?
5. Dogecoin (DOGE) - If You Like Volatility, Buy DOGE
Dogecoin is probably the best short-term trade on this list, benefitting from a very loyal group of supporters on Reddit, as well as billionaire Elon Musk.
There’s nothing that special about Dogecoin, which originally started as a joke, but its army of users keeps it strong (at least for the time being).
In 2021, Dogecoin came out of what appeared to be nowhere. It is now 8th on CoinMarketCap after being pushed to the back of most people’s minds for a long period.
It owes its success to Redditors who wanted to emulate what WallStreetBets did for GameStop stock.
If you like short term volatility, Dogecoin is one to take advantage of. In the long term, it is harder to see what purpose Dogecoin will serve.
Dogecoin 2021 Price Predictions
| Price Forecaster | Lowest Price | Highest Price |
|---|---|---|
| Trading Beasts | $0.2256310 | $0.3497034 |
| The Economy Forecast Agency | $0.09 | $0.26 |
| Gov Capital | $0.18615 | $0.25875 |
| WalletInvestor | $0.153 | $0.355 |
| DigitalCoin | $0.2695767315 | $0.3356822168 |
| Coin Price Forecast | $0.25 | $0.79 |
Is Dogecoin (DOGE) a serious investment?
6. Uniswap (UNI) - The Future Of Crypto Trading?
Built on top of the Ethereum blockchain, Uniswap is a decentralised exchange (DEX) and is largely considered the best.
2021 has been an excellent year for Uniswap so far. In May 2021, it had a total of $8.077 billion of total locked value on its platform, according to DeFi Pulse.
As part of the DeFi scene, Uniswap enables people to earn fees by providing liquidity. And it is also possible to create new markets through them too. It is also the largest DeFi digital coin.
Slowly but surely, DEXs could take over the crypto market and dethrone centralised exchanges. If that happens Uniswap could make massive gains.
Uniswap 2021 Price Predictions
| Price Forecaster | Lowest Price | Highest Price |
|---|---|---|
| Trading Beasts | $12.713 | $23.807 |
| The Economy Forecast Agency | $14.13 | $25.82 |
| Gov Capital | $29.852 | $64.55295 |
| WalletInvestor | $12.264 | $51.219 |
| DigitalCoin | $24.72 | $31.46 |
| Coin Price Forecast | $19.27 | $22.27 |
Is Uniswap (UNI) the future of crypto?
7. Chainlink (LINK) - Up To $34.642 In 2021?
This digital coin helps keep the crypto market informed on what’s happening in the world. It has become a vital coin that many networks now depend on.
Long story short, Chainlink uses oracles to feed live news to smart contracts, so they can be activated by events taking place elsewhere. As Chainlink’s website explains:
“Chainlink greatly expands the capabilities of smart contracts by enabling access to real-world data and off-chain computation while maintaining the security and reliability guarantees inherent to blockchain technology”.
While oracles are nothing new, Chainlink has brought the idea of blockchain to oracles to create a decentralised network to ensure information is legitimate before smart contracts are activated.
Today, Chainlink’s ecosystem is huge with 617 partnerships in industries including blockchain, data services, DeFi, gaming, infrastructure, node-related services, NFTs, and VRF to name a few.
Chainlink also stands to greatly benefit from the rise of DeFi too, being the second-largest DeFi coin after Uniswap by market capitalisation.
Chainlink 2021 Price Predictions
| Price Forecaster | Lowest Price | Highest Price |
|---|---|---|
| Trading Beasts | $15.221 | $23.158 |
| The Economy Forecast Agency | $9.33 | $21.26 |
| Gov Capital | $16.3761 | $30.71765 |
| WalletInvestor | $18.013 | $34.642 |
| DigitalCoin | $23.05 | $28.57 |
| Coin Price Forecast | $19.49 | $20.92 |
Can Chainlink (LINK) make you rich?
8. Aave (AAVE)
A new era of digital finance is on the horizon with Aave. This digital coin is all about cutting out the middleman, to decentralise power and Aave is taking that idea to money lending.
They have created a platform where you can loan out your crypto and earn interest on it without paying a slice to someone else. It’s what they call a “non-custodial liquidity market protocol”.
For borrowers, it allows them to borrow crypto with more flexible terms and for lenders, it allows them to make a passive income on their crypto assets. And all of this works through the beauty of smart contracts.
Aave works on the Ethereum blockchain and the AAVE token is primarily used to vote on ‘Aave Improvement Proposals’ to improve the project, and holders can also stake their AAVE.
Aave 2021 Price Predictions
| Price Forecaster | Lowest Price | Highest Price |
|---|---|---|
| Trading Beasts | $199.764 | $512.444 |
| The Economy Forecast Agency | $216 | $504 |
| Gov Capital | $393.6758 | $804.46525 |
| WalletInvestor | $191.940 | $685.750 |
| DigitalCoin | $379.91 | $485.1 |
| Coin Price Forecast | $251 | $290 |
How much do you think Aave (AAVE) is worth?
9. Ripple (XRP) - Enter The Comeback Kid
Ripple was designed as an alternative financial payments system and its goal is to change and promote cross-border payments.
In 2020 Ripple’s blockchain expanded. Today, over three hundred providers across 40 countries have utilised it, including Banco Santander, American Express, JPMorgan, and HSBC Holdings.
But Ripple experienced huge price losses when the US Securities and Exchange Commission SEC accused Ripple of selling unregistered securities while selling its token XRP to investors worldwide.
Many crypto exchanges started delisting Ripple from their platforms, causing a drastic drop in price for XRP - 72% within 35 days.
But don’t be alarmed. This has created an excellent buying opportunity to get into Ripple cheap. And many are confident that Ripple will win their case against the SEC.
Ripple achieved its all-time high on the 4th of January 2018, at $3.84. Now, Ripple’s price is at $0.6193.
The price of Ripple may, however, depend on whether Ripple will win the case with the SEC. However, forecasters are optimistic.
Ripple 2021 Price Predictions
| Price Forecaster | Lowest Price | Highest Price |
|---|---|---|
| Trading Beasts | $0.7039474 | $1.0673297 |
| The Economy Forecast Agency | $0.32 | $0.75 |
| Gov Capital | $0.4998 | $0.921127 |
| WalletInvestor | $0.338 | $1.378 |
| DigitalCoin | $0.8102189857 | $1.02 |
| Coin Price Forecast | $0.71 | $0.83 |
Do you think Ripple (XRP) will make a comeback?
10. Basic Attention Token (BAT) - Funny Name, Genius Idea
No one can explain Basic Attention Token better than Basic Attention token:
“The Basic Attention Token is the new token for the digital advertising industry. It pays publishers for their content and users for their attention, while providing advertisers with more in return for their ads”.
They believe that the digital advertising industry is very inefficient.
With their ecosystem, users are rewarded for their attention, content creators earn from their contributors, and advertisers can see more clearly how effective their campaigns are.
It is another way in which blockchain technology is being used to decentralise an industry largely controlled by middlemen.
BAT operates on the Brave browser, a browser designed for privacy, and boasts $382.2 million transactions, 12 million wallets and 1 million content creators.
Basic Attention Token 2021 Price Predictions
| Price Forecaster | Lowest Price | Highest Price |
|---|---|---|
| Trading Beasts | $0.6465448 | $0.9799781 |
| Gov Capital | $0.431545 | $0.65895 |
| WalletInvestor | $0.337 | $0.913 |
| DigitalCoin | $0.7098308752 | $0.9203158219 |
Is Basic Attention Token (BAT) the best investment of 2021?
eToro – Buy The Top Digital Coins With No Commission
For both beginners and experienced investors, eToro remains one of the world’s top platforms to invest in cryptocurrencies.
eToro stands out for two major reasons 1) it’s “Copy Trading” feature that allows you to copy the trades of others, and 2) it’s super easy to use.
On their platform, you can buy digital coins and CFDs on over 90+ cryptocurrencies. Crypto traders can build a diversified portfolio with the most popular digital coins.
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.
How To Purchase Digital Coins?
Purchasing digital coins can be done with ease on most broker and crypto exchanges. You can buy digital coins in four simple steps with eToro.
Step 1. Go to eToro and click ‘Join Now’. Now complete the registration form. It is super important that you put the correct information for the next step.
Step 2. Verify your information. You will need to upload proof of your identity and address. This is to prevent fraud and money laundering.
Step 3. Make a deposit. The minimum deposit is $200 in most countries, $50 in the USA, but there are several countries where it is much higher - so check first!
Step 4. Start buying. Go to ‘Trade Markets’ then ‘Crypto’ and start buying the digital coins you want to invest in.
And now you can start buying digital coins!
Key Points
If you remember anything from What Are The Top 10 Digital Coins Set To Explode In 2021, make it these key points.
- Cryptocurrencies started 2021 with immense attention from investors which spurred excellent growth.
- The top 10 coins set to explode in 2021 are Bitcoin, Ethereum, Cardano, Binance Coin, Dogecoin, Uniswap, Chainlink, Aave, Ripple, Basic Attention Token.
- Bitcoin will likely always be on top of the list of cryptos to buy because of its huge potential.
- BTC reached its all-time high of $64,863.10 on the 14th of April 2021, as institutional investors started moving in.
- Citibank analyst Thomas Fitzpatrick believes that Bitcoin may reach a whopping price of $318,000 by December 2021.
- Increased adoption of Ethereum in 2021 could lead to an even greater increase in price for Ethereum.
FAQs
Still have questions about digital coins in 2021? Perhaps these frequently asked questions will help.
What New Coins Are Coming Out In 2021?
According to CoinMarketCap’s upcoming ICO calendar, we can expect the following projects to start in 2021:
- Kommunitas (KOM)
- UnagiSwap Finance (UNAGI)
- Starter (START)
- Yield Guild Games (YGG)
- Creator Platform (CTR)
- Charged Particles (IONX)
- Gold Fever (NGL)
- Moonriver (MOVR)
- PandaSwap (PND)
- Kalata (KALA)
- PolkaPlay (POLO)
- Moonbeam (GLMR)
- Equifi (EQX)
- Polytrade (TRADE)
- Pandora Protocol (PNDR)
- Scaleswap (SCA)
How Many Digital Coins Are There?
According to CoinMarketCap, there are at least 10,869 different digital coins at the time of writing.
What Is Meant By Mining Digital Coins?
Mining is the process where new digital coins are created by validating the blocks on a blockchain.
Miners receive the newly created digital coins, plus a fee for completing the transactions within the block.
These days, many miners don’t work independently but as part of ‘mining pools’. Mining can also be awfully expensive as it consumes a lot of power, and many buy specialised equipment.
What Are The Most Popular Digital Coins?
Tether, Bitcoin and Ethereum are the top three most traded coins according to Statista, as of July 2021.
Biggest cryptocurrencies in the world based on 24-hour volume, 13th July 2021. Source: statista.com
How Valuable Would Digital Coins Be In A Recession?
As we saw with the coronavirus in 2020, digital coins could be highly valuable in a recession, particularly Bitcoin.
In a crisis, people look for places where they can put their money to keep it safe. Bitcoin - rather unusually for some - has become a haven asset, like gold.
The dollar and other fiat currencies depreciate when central banks start printing huge amounts of cash. Cryptocurrency doesn’t have this issue, especially cryptos with caps.
Which Digital Coins Are Worth Money?
Most cryptocurrencies do have some value though it varies significantly from prices as high as Bitcoin at $34k to Holo at only $0.005605 per coin.
In July 2021, the five most valuable coins by price, according to CoinMarketCap, are:
| Number | Name | Price |
|---|---|---|
| 1 | Bitcoin BEP2 (BTCB) | $33,176.18 |
| 2 | Wrapped Bitcoin (WBTC) | $33,023.80 |
| 3 | Bitcoin (BTC) | $33,011.00 |
| 4 | Yearn.finance (YFI) | $32,484.79 |
| 5 | Maker (MKR) | $2,578.66 |
Which Digital Coin Will Explode In 2025?
By 2025, Ethereum could be worth as much as $19,842 and Bitcoin could be worth as much as $1 million per coin.
So, it would probably be wise to stick to the big cryptos because they’re still not done yet.
Who Owns The Most Bitcoin?
Satoshi Nakamoto owns the most Bitcoin, approximately 1 million (one in 21 of all coins that will ever exist). So far, their coins have not moved, and no one knows what happened to them.
How Can I Issue Digital Coins Or Tokens?
You can issue digital coins or tokens by using a smart contracts platform, such as Ethereum, that supports the creation of tokens on its blockchain.
In most cases, you will need to create a smart contract for your new token to exist.