Fastest Growing Cryptocurrencies in 2021

The cryptocurrency market has seen a significant shift over the last six months, as the frenzy around Bitcoin has subsided and a new, more measured approach has developed. In their stead, other currencies have risen in value significantly since.

There is a widespread perception among cryptocurrency enthusiasts that Bitcoin will never acquire any momentum. One commonly cited explanation for this is because it has already reached ‘critical mass.’ Others think this is absurd. A currency cannot attain critical mass only via broad use. What matters, though, is the number of individuals ready to trade products and services in return for it.

If you’re new to cryptocurrencies, Bitcoin is an excellent place to start due to its widespread popularity. Other coins, like Litecoin, provide additional capabilities and promise to change the world. However, Bitcoin has an additional advantage. Professional investors are dabbling in it, utilizing it as a medium of exchange for purchasing and selling physical products and services.

We think that the bitcoin markets are still in their infancy. There are just a few very successful digital currencies, and cryptocurrencies still have a lot of room for development and potential. Keeping this in mind, these are ten promising cryptocurrencies with growth potential: 

Bitcoin

During the month of June, Bitcoin saw significant price swings. On the 22nd of June, the value of the biggest cryptocurrency, as well as the fastest rising cryptocurrency, dropped to US$29,337. It has been gradually increasing since July.

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Ethereum

Ethereum, the second-largest cryptocurrency by market capitalization, is also rising, and Bitcoin, the cryptocurrency with the greatest growth potential, has seen some small changes recently as well. At one point on June 22nd, the price of Ethereum dropped to US$1733. It soon began to rise in value.

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Cardano

Cardano is one of the top five cryptocurrencies in terms of market capitalization and is the fastest growing cryptocurrency. Recently, it reached a high of US$1.0203. Following that, however, it has steadily recovered, now trading at US$1.492.

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Ripple

Ripple’s market capitalization was US$0.9937 on June 5th. It was subsequently oscillating in the region of US$0.86 to US$0.84 at the time of publication. In contrast, in June, the price of Ripple dropped to US$0.52. However, it has increased in value since then.

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Polkadot

Polkadot is one of the most ambitious cryptocurrencies out now, despite the fact that there are many others with equally ambitious goals. While it was selling in the US$20-US$25 range in June, it has been reduced to as low as US$13. 

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Uniswap

To exchange cryptocurrencies, Uniswap is a decentralized financial system that is implemented on the Ethereum blockchain. Uniswap is a cryptocurrency that is rapidly gaining popularity. 

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Litecoin

This currency, like the others, makes use of blockchain technology to guarantee that payments are made quickly, securely, and at minimal cost. In June, the price of Litecoin plummeted to US$107.65, a precipitous drop from the previous month. However the price has risen since then.

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Chainlink

It was established in 2017 as a blockchain abstraction layer that enables the execution of smart contracts over a worldwide network. It is gradually gaining in popularity, with the price ranging between US$20 and US$25 throughout the month of June. Following a brief dip to US$15.26, it has been gradually increasing to the actual prices.

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Polygon (MATIC)

Because of its benefits over Ethereum, it has been effective in attracting the attention of cryptocurrency enthusiasts. It is a cryptocurrency with the greatest potential for development in the near future. Despite the fact that June was a month of significant swings for Polygon, the company’s growing popularity helped the stock rise from US$0.9567 in June to the actual prices.

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Solana

Solana, while being less well-known, facilitates the development of decentralized applications (DApps). The price is fluctuating between US$30 and US$35. By the middle of June, the price had dropped to US$21.14 and it’s trying to recover. 

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For more cryptocurrency prices and charts see here.