10 The Most Promising Coins Right Now - Investment Guide 2021

Are you looking to explore potential coins to start your cryptocurrency investment journey? The market currently has over 7,000 types of cryptocurrencies, but not all are noteworthy. This article will guide you through the most promising coins, selected based on market capitalization, popularity, and technological platform.

Criteria for Choosing Promising Coins

With over 7,000 cryptocurrencies worldwide, selecting promising coins for investment should be based on specific criteria:

• Market Capitalization: Reflects the value and stability of the coin
• Liquidity: Ease and speed of buying and selling
• Underlying Technology: Blockchain platform and technical improvements
• Practical Applications: Use cases within the ecosystem

Top 10 Promising Coins Worth Investing In

1. Bitcoin (BTC)
2. Ethereum (ETH)
3. Litecoin (LTC)
4. Ripple (XRP)
5. Bitcoin Cash (BCH)
6. EOS (EOS)
7. Tezos (XTZ)
8. Maker (MKR)
9. TRON (TRX)
10. Cardano (ADA)

Detailed Analysis of Promising Coins

Bitcoin (BTC) - King of Promising Coins

Bitcoin is the pioneer cryptocurrency, launched in 2009, and still leads the market today. It is not only a digital currency but also a safe haven for investors during unstable economic periods.

Current Bitcoin Data:

• Year Launched: 2009
• Current Price: $88,830
• Market Capitalization: $1,773.73 billion
• Total Supply: 21 million BTC
• Current Circulation: 19,967,271 BTC
• 2020 Return: 235.1%

In 2020, thanks to the pandemic and economic support measures, Bitcoin surged to a record high above $40,000. With the global economy still uncertain, Bitcoin continues to be viewed by analysts as an effective investment channel for 2021 and beyond.

Ethereum (ETH) - Platform of the Decentralized Ecosystem

Ethereum is the second-largest cryptocurrency by market cap, built on a smart contract platform. Launched in 2015 by Vitalik Buterin, Ethereum has become a tool for developers to create decentralized applications (DApps) and tokens.

Current Ethereum Data:

• Year Launched: 2015
• Current Price: $2,970
• Market Capitalization: $358.92 billion
• Total Supply: Unlimited
• Current Circulation: 120,694,972 ETH
• 2020 Return: 470.2%

Thanks to the widespread application of smart contracts, Ethereum is considered to have a stronger potential for price appreciation than Bitcoin. This technology allows developers to build a whole new ecosystem on the Ethereum platform.

Litecoin (LTC) - Bitcoin Upgrade

Litecoin is an upgraded version of Bitcoin, launched in 2013. It is designed to process transactions four times faster than Bitcoin, making it a better choice for daily payments.

Current Litecoin Data:

• Year Launched: 2013
• Current Price: $77.24
• Market Capitalization: $5.92 billion
• Total Supply: 84 million LTC
• Current Circulation: 76,664,821 LTC
• 2020 Return: 216.0%

In 2017, Litecoin successfully conducted its first transaction over the Lightning Network, transferring 0.00000001 LTC from Zurich to San Francisco in one second. This technology promises to enhance Litecoin’s transaction speed in the coming years.

Ripple (XRP) - Digital Banking Infrastructure

Ripple is known as the “leader in digital banking infrastructure,” aiming to help financial institutions transfer money quickly and cheaply.

Current Ripple Data:

• Year Launched: 2013
• Current Price: $1.88
• Market Capitalization: $113.70 billion
• Total Supply: 100 billion XRP
• Current Circulation: 60,572,944,636 XRP
• 2020 Return: 14.52%

Currently, major companies like American Express and JP Morgan are using Ripple technology. Future collaborations with central banks and financial groups will be a driving force for XRP’s continued price growth.

Bitcoin Cash (BCH) - Bitcoin’s Payment Version

Bitcoin Cash is a fork of Bitcoin, designed to operate as a daily payment currency with lower transaction fees.

Current Bitcoin Cash Data:

• Year Launched: 2017
• Current Price: $604.44
• Market Capitalization: $12.07 billion
• Total Supply: 21 million BCH
• Current Circulation: 19,972,059 BCH
• 2020 Return: 74.73%

As long as Bitcoin remains the leader in the cryptocurrency market, Bitcoin Cash will continue to be developed and supported by investors who believe in its vision.

EOS (EOS) - Free Smart Contract Platform

EOS is another promising coin built on a smart contract platform similar to Ethereum. The key difference is that transactions on EOS are completely free.

Current EOS Data:

• Year Launched: 2017
• Market Capitalization: $2.5 billion
• Total Supply: Unlimited
• Current Circulation: 1 billion EOS
• 2020 Return: 0%

Although it does not experience the sharp price fluctuations like Bitcoin or Ethereum, EOS shows an increasing trend in market cap and daily trading volume, indicating it is a promising coin worth paying attention to.

Tezos (XTZ) - Blockchain with Upgradeability

Tezos is a newer player in the cryptocurrency world, developed on a smart contract platform with superior features in security and Proof-of-Stake systems.

Current Tezos Data:

• Year Launched: 2018
• Current Price: $0.45
• Market Capitalization: $482.44 million
• Total Supply: Unlimited
• Current Circulation: 1,069,949,824 XTZ
• 2020 Return: 48.1%

With its Proof-of-Stake system, Tezos holders can receive periodic rewards, similar to dividends. Tezos promises an annual return of 6 to 7% for investors.

Maker (MKR) - Stablecoin Built on Ethereum

Maker is a platform built within the Ethereum ecosystem, aiming to stabilize the value of the DAI coin close to $1 USD###.

Current Maker Data:

• Year Launched: 2018
• Market Capitalization: $1.4 billion
• Total Supply: 1 million MKR
• Current Circulation: 996 thousand MKR
• 2020 Return: 27.62%

MKR has operated effectively for over two years and maintains stability even during volatile market periods.

( TRON )TRX### - Digital Content Blockchain

TRON is a promising coin designed for a decentralized application ecosystem where users are rewarded for sharing content.

Current TRON Data:

• Year Launched: 2018
• Current Price: $0.28
• Market Capitalization: $26.46 billion
• Total Supply: Unlimited
• Current Circulation: 94,690,191,141 TRX
• 2020 Return: 106.9%

TRON’s market cap has grown to over $2.2 billion, and with the increasing popularity of content reward ideas, promising coins like TRX will continue to develop.

( Cardano )ADA### - Sustainable Blockchain

Cardano was developed by Charles Hoskinson, one of the co-founders of Ethereum. It focuses on scalability, interoperability, and sustainability.

Current Cardano Data:

• Year Launched: 2017
• Current Price: $0.36
• Market Capitalization: $13.02 billion
• Total Supply: 45 billion ADA
• Current Circulation: 36,662,807,451 ADA
• 2020 Return: 436.36%

Cardano’s technological infrastructure is highly regarded in the crypto world, and promising coins like ADA have significant growth potential in the coming years.

Why Invest in Promising Coins?

History and Development of Cryptocurrency

Initially, virtual currencies were just a concept in online gaming systems. But with technological advancements and increasing internet users, virtual currencies have gradually become a real form of money. Bitcoin, the first cryptocurrency, was launched in 2009. By 2013, as Bitcoin’s price surged, the market exploded with new coins. In just five years, over 1,500 different cryptocurrencies entered the market, and now the number exceeds 7,000.

Advantages of Promising Coins

Cryptocurrencies are considered the future of the financial world. Compared to traditional fiat money, digital currencies have many advantages:

1. Fractional Units: Investors don’t need to worry about having a lot or a little money. Crypto units can be divided into thousands/millions of decimal places, allowing investment with any amount of capital.

2. High Liquidity: Crypto exchanges operate 24/7, enabling trading anytime and anywhere.

3. Transparency: Cryptocurrencies operate on blockchain, where all transactions are publicly recorded. Anyone participating in the network can view and verify transactions.

4. Diversification: With over 5,000 cryptocurrencies built on different technological platforms, investors can easily diversify risk.

5. Low Costs: Transaction fees on blockchain are much lower than traditional bank transfers.

Ways to Profit from Promising Coins

Long-term Investment

This is the simplest way to generate profit. As cryptocurrencies continue to develop, more people will use them, increasing their value. Investors should choose safe, highly liquid promising coins like BTC, LTC, XRP.

Advantages:

• Easy to buy and sell
• No need to monitor prices constantly

Disadvantages:

• Long profit realization period

Mining Cryptocurrencies

Cryptocurrencies are created through mining, where computers solve complex encryption algorithms. This method is suitable for those with IT knowledge.

Advantages:

• High returns since you don’t need to buy coins

Disadvantages:

• Not suitable for those unfamiliar with technology
• Requires significant investment in equipment

Contributing to the Ecosystem

Platforms for dApps allow you to earn money by sharing content, data, or playing games.

Advantages:

• Relatively easy to earn virtual money

Disadvantages:

• Requires a lot of time
• Earnings are quite small

( Derivative Trading )CFD(

Another quick way is trading via contracts for difference )CFD. You can profit from price fluctuations without owning the actual coins.

Advantages:

• Profit from virtual currencies without ownership
• No large capital needed thanks to margin trading
• Profit from both rising and falling prices
• T+0 trading is fast

Disadvantages:

• Must pay interest on borrowed funds
• High risk due to leverage

Conclusion

This article introduced the top 10 promising coins worth considering for investors in 2021 and beyond. These promising coins are selected based on market capitalization, popularity, core technology, and liquidity.

An important tip for investing in promising coins is to diversify your portfolio, similar to diversifying stock investments. Avoid putting all your capital into a single coin.

Additionally, if you want to profit from price fluctuations without owning the coins, derivative trading is an ideal choice. With modern trading tools, you can participate in the crypto market more flexibly, regardless of whether the market is rising or falling.