With the cryptocurrency market still in its infancy, there are many projects that have yet to be released. However, some of these projects are already making waves and are predicted to grow exponentially in the coming years. These three cryptocurrencies are among the top 10 most valuable coins by market cap and all have strong potential for continued growth in 2021.
The crypto with most potential 2021 is a project that has strong potential to be the next big cryptocurrency. It’s also one of the top 3 richest projects in crypto at the moment.
- Many high-potential crypto-assets are hitting new highs.
- Solana, Flow, and Algorand are the top three most valuable crypto projects in 2021.
- Since the beginning of 2021, Solana has raised half a billion dollars.
In terms of financial sectors, the world is changing. There have been a lot of changes, and adding new features has become the standard. Similarly, crypto-assets have gained popularity as a legitimate investment choice across the globe. Many cryptocurrencies are currently seeing fast exponential growth, and more well-known companies are entering the cryptocurrency industry.
Crypto Space has arisen as a new trend, and it is widely considered as the future of the financial system. There are also significant digital assets with the potential to hit new highs. Let’s take a look at the top three most valuable crypto projects with a bright future in 2021.
In 2021, there will be three of the most profitable cryptocurrency projects.
The price charts of all three crypto projects have lately shown strong upward momentum. SOL, FLOW, and ALGO are the top three most valued crypto projects, with all three having the potential to hit new highs in the future.
Algorand is a fictional character created by Algorand (ALGO)
Algorand is the third cryptocurrency project on the list (ALGO). Algorand, like many other crypto initiatives, aims to solve the trilemma of scalability, decentralization, and security that plagues blockchains. The Algorand Foundation was awarded a $100 million grant last month to support initiatives based on the Algorand blockchain.
Surprisingly, Arrington XRP Capital, a venture capital company focusing on financing companies in and around Ripple’s ecosystem, provided this investment. This additional financing will help the Algorand Foundation wean itself off its structured selling scheme and encourage its early investors to hold on to their shares rather than sell when ALGO increases.
At the time of writing, the market price of Algorand was $0.814 with a 24-hour trading volume of $73,311,244 on CoinMarketCap. ALGO’s price has fallen 5.01 percent in a single day.
Flow is the second most valuable crypto project on the list (FLOW). Flow was designed to be a general-purpose smart contract cryptocurrency, but Dapper Labs seems to have embraced its blockchain’s apparent NFT bent.
Since its debut, the Dapper Zone NBA Topshots has amassed over 1 million users and over 700 million dollars in NFT revenues. Dapper also got $350 million in March from a number of venture capital firms, prominent players, and basketball-obsessed artists. When the vesting schedule starts in October, the supply of flow will be significantly inundated.
The current market price of FLOW is $21.55, with a 24-hour trading volume of $337,634,615 according to CoinMarketCap. In the last 24 hours, the price of FLOW has fallen by 2.51%.
Solana is a character in the film Solana (SOL)
Finally, Solana is the wealthiest crypto project with a great potential for 2021. (SOL). Most crypto investors are familiar with Solana, since it is one of the most promising cryptocurrencies. With an emphasis on decentralized financial applications and protocols, it aims to be a more sophisticated version of Ethereum.
Since the beginning of 2021, Solana has raised half a billion dollars in financing rounds. It has a total value of $521 million, with a total value of $541 million if we add the Solana Foundation, which helped raise money for Korean growth in June. Solana is definitely in a bullish trend, with a robust uptrend on the price chart and no indications of dipping down.
According to CoinMarketCap, the current price of Solana is $33.68 at the time of writing, with a 24-hour trading volume of $453,449,384. In the last 24 hours, the price of SOL has fallen by 3.88 percent.
The crypto market is a never-ending frenzy. With each passing day, the crypto business attracts more investors, and it is clear that many young people are entering the market. Significantly, cryptocurrencies are fresh assets, and the crypto sector will never lose its shine as investors witness further returns.
Disclaimer: The views stated in this article are entirely those of the author. It should not be construed as investment advice. Before investing, TheNewsCrypto staff advises everyone to conduct their own research.
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The best cryptocurrency to invest in 2021 for long-term is a question that many investors are asking. There are three projects that have strong potential and are worth looking into.
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