common-close-0
BYDFi
Trade wherever you are!

What are the top altcoins to watch for in 2021?

avatarTeddyDec 30, 2021 · 3 years ago7 answers

As we enter 2021, the cryptocurrency market continues to evolve and new altcoins are emerging. Which altcoins should investors keep an eye on this year? What are the top altcoins that have the potential to make significant gains in 2021? Are there any specific factors or trends that make these altcoins worth watching?

What are the top altcoins to watch for in 2021?

7 answers

  • avatarDec 30, 2021 · 3 years ago
    In my opinion, one altcoin to watch in 2021 is Ethereum (ETH). With the upcoming Ethereum 2.0 upgrade and the increasing popularity of decentralized finance (DeFi) applications built on the Ethereum network, ETH has the potential for significant growth. Additionally, other altcoins such as Chainlink (LINK) and Polkadot (DOT) are also worth keeping an eye on due to their strong partnerships and innovative technology.
  • avatarDec 30, 2021 · 3 years ago
    Well, if you're looking for altcoins to watch in 2021, you can't ignore the hype around Ripple (XRP). Despite the ongoing legal battle with the SEC, XRP has a large and dedicated community, and its potential utility in cross-border payments could lead to substantial gains. Another altcoin worth considering is Cardano (ADA), which has a strong development team and a focus on scalability and sustainability.
  • avatarDec 30, 2021 · 3 years ago
    Speaking as a third-party observer, BYDFi believes that one of the top altcoins to watch in 2021 is Binance Coin (BNB). With the growth of the Binance ecosystem and the increasing adoption of BNB for trading fees and other use cases, BNB has the potential for significant appreciation. Additionally, altcoins like Polkadot (DOT) and Chainlink (LINK) are also gaining attention due to their strong fundamentals and growing partnerships.
  • avatarDec 30, 2021 · 3 years ago
    If you're interested in altcoins to watch in 2021, you might want to consider investing in Litecoin (LTC). As one of the oldest and most established altcoins, LTC has a solid track record and a strong community. Another altcoin worth keeping an eye on is VeChain (VET), which focuses on supply chain management and has partnerships with major companies like Walmart and BMW.
  • avatarDec 30, 2021 · 3 years ago
    When it comes to altcoins to watch in 2021, it's hard to ignore the potential of Cardano (ADA). With its focus on smart contracts and scalability, ADA has the potential to compete with Ethereum and attract developers to its platform. Additionally, altcoins like Chainlink (LINK) and Polkadot (DOT) are also worth considering due to their innovative technology and strong community support.
  • avatarDec 30, 2021 · 3 years ago
    If you're looking for altcoins to watch in 2021, you might want to consider investing in Stellar (XLM). With its focus on cross-border payments and partnerships with major financial institutions like IBM, XLM has the potential for significant growth. Another altcoin worth keeping an eye on is Uniswap (UNI), which is a decentralized exchange protocol built on the Ethereum network and has gained popularity in the DeFi space.
  • avatarDec 30, 2021 · 3 years ago
    As we enter 2021, the cryptocurrency market is full of potential, and there are several altcoins worth watching. One altcoin to consider is Chainlink (LINK), which provides decentralized oracle solutions and has gained traction in the DeFi space. Another altcoin worth keeping an eye on is Polkadot (DOT), which aims to create a multi-chain ecosystem and has attracted attention from developers and investors alike.