The growth of cryptocurrency is still ongoing, with dozens of new crypto coins in 2021 coming out added to the list. Currently, the number of cryptocurrencies on Coinmarketcap already reaches more than 2000 coins in the list.
And every day, there are still ongoing new coins added to the list. Even more in a day sometimes more than one new crypto registered to the list. So it makes the growth of the number of crypto coins increasing sharply.
Despite getting restrictions from the government in some countries. But the crypto market is still growing with high users and developers.
This article will discuss some important points, new crypto coins coming out from Coinmarketcap and Binance sources. Which coins are good for investing in 2021, and which coins are good prospects for mining.
Work from home CFD, forex trading online with TenkoFX
TenkoFX broker regulated by IFSC Belize
- 1 New crypto-coins 2021 in Coinmarketcap
- 2 New crypto-coins 2021 Binance
- 3 New crypto coins to invest in 2021
- 4 New crypto-coins 2021 mining
- 5 Upcoming new crypto coins release 2021
- 6 Which Cryptocurrency will explode in 2021?
- 7 Final Thought
New crypto-coins 2021 in Coinmarketcap
Within a month Coinmarketcap updates the list of new cryptocurrencies listed. The current data at time press shows 30 new cryptocurrencies are being updated. The list may still change in the month.
Below are ten of the new cryptocurrencies in March 2021 listed in Coinmarketcap.
SaltSwap Finance (SALT)
Salt finance with SALT tokens was originally a salt farmer company, which tried to develop using the Blockchain network through SALT tokens.
According to the whitepaper, the core products of SaltSwap are exchange, pool, and farm, contract, and lottery. Salt Swap is currently listed on Coinmarketcap, Coingecko, and Dappradar.
New crypto list, Pando browser with the ticker PANDO is a web browser that runs on the Android operating system.
Pando browser is designed for IPFS and mining systems, with features offered by free VPN, Mining Rewards, ITFS integration, viewing ads to get rewards, web 3.0, claiming to be faster than Google Chrome, using a referral program, and ads removal features.
Currently, the Pando browser is available on the google play store, but windows pc and app store not yet available.
Space Cow Boy (SCB)
Space Cow Boy is a game that takes advantage of cryptocurrency in the game, it uses the NFT platform for Sci-Fi. This uses SCB tokens which can be obtained at Pancakeswap.
But unfortunately, no whitepaper is one of the important documents in cryptocurrency.
Inverse finance (INV)
It is like an investment pool, when the user invests Stablecoins on inverse finance, he will get a vault to store those tokens. The user gets two admin keys, one is the vault key and the other is for connecting the strategy.
When a user makes a withdrawal, the token in the vault will be burned.
Wealth lock offers liquidity lock for Defi founders and developers by using the BEP20 token. By using the Wealth platform, tokens will be locked using a smart contract.
Tokens that can be locked in the Wealth platform are BEP20 based, which will be subject to a fee of 5% which will be used for WLT token buybacks and distributed to holders.
Bogged finance (BOG)
BOG tokens are tokens associated with the Bogged ecosystem, with an initial supply of 2,500,000 BOG. on Tokenomic. with 0.1% burned, which will decrease the total supply and 4.4% distributed to the liquidity provider staking.
Yearnyfi network (YNI)
This is one of Defi’s projects designed to tackle traditional finance with Defi.
Based on the whitepaper Yearnyfi network is decentralized finance with measurable regulatory controls. Who offers Decentralized Financial System Safer by interacting with the best protocol. As a solution to solving problems inherent in the cryptocurrency world.
Idavoll Network (IDV)
Idavoll Network is also a decentralized platform that works on the ParaChains polka dots. Providing infrastructure and services for Idavoll Network users.
Idavoll Network is a Parachain project in the Polkadot network which is an open-source where anyone can create and
manage any organization.
Organizational behavior in chains can be easily adjusted by modifying the charter. Idavoll can be extended by connecting a third-party smart contract module.
Utile Network (UTL)
Utile Network is an ecosystem designed to transparently source data in the blockchain ecosystem.
This platform allows users to receive awards or generate, add, monitor, and detect valuable information. This platform based on social platforms offers access to information, signals, and user-generated cryptocurrency market analysis.
If you create an account on the platform, there are several possibilities in front of you as a user. Any beginner or Experienced investors in the cryptocurrency market will be able to freely use all that is available platform functions and the information collected on it.
Unique photo (FOTO)
This platform is a platform for photography enthusiasts and is the first platform to be truly unique with a decentralized NFT token.
There is no fee for the photographer and a 2.5% fee is charged to collectors or buyers. Which of these costs will be used for the buyback of PHOTO tokens.
It’s like a marketplace platform, where users can create collectible art and sell it.
New crypto-coins 2021 Binance
Binance is a popular cryptocurrency exchange for crypto enthusiasts. On the Binance exchange, there are a variety of cryptocurrencies that are traded.
And sometimes, crypto enthusiasts are attracted by new listings of cryptocurrencies, maybe the reason is that the future might have good prospects if the crypto concept gets a lot of public support.
Still, lower prices may be more profitable in the long term. Remember the history of Bitcoin for the first time at a low price, now it has increased very expensively.
Below is Binance’s new crypto coins 2021.
Stafi stands for Staking Finance, is the Defi unlocking liquidity protocol for staking assets.
FIS is a native utility token of the Stafi platform that is useful for managing on-chain, capturing value, staking, or paying transaction fees.
On Binance, the FIS pair like a FIS/BTC, FIS/BUSD, or FIS/USDT. Starting to enter the listing on March 3, 2021.
Badger DAO (BADGER)
The Badger DAO is a data access object for bringing Bitcoin to Defi. Badger DAO’s offers products include Sett, a yield aggregator, and Digg. An elastic supply currency pegged to BTC.
BADGER is a governance token from DAO and all of its products. The owner of BADGER will control all marketing decisions, protocol parameters, and token supply as well as any future changes to the smart contract.
Phala Network (PHA)
Phala Network is designed as a protocol for maintaining privacy on data protection and blockchain smart contracts. This platform guarantees the confidentiality of smart contract execution.
Then the PHA function is the native token of the Phala Network platform to purchase trusted computing resources. Manage the community, stake and pay transaction fees.
Token Fans AC milan (ACM)
Furthermore, there is an ACM listing, which is the AC Milan Fans token, where Binance users have started to be able to trade ACM tokens for trading pairs ACM / BTC, ACM / BUSD, and ACM / USDT on 24-02-2021.
For those who wish to trade ACM tokens, Binance charges 1 ACM token price = 0.02006172 BNB.
UniLend is one of the Defi projects that has turned into a spot trading service and a lending service. Protocol Unilend uses smart contracts that work automatically.
As collateral for a loan, you can use a variety of ERC-20 tokens. Allows users to trade assets on the platform. By providing liquidity, users earn commissions as well as a staking pool.
Binance users can trade UFT/ETH and UFT/BUSD from 23-02-2021.
New listing on Binance, all traders can start trading on BTC / VAI and BUSD / VAI from 04-02-2021 last month.
Vai is the original decentralized stable coin from the Venus Protocol that printed and exchanged directly on the Venus platform on the Binance Smart Chain.
New crypto coins to invest in 2021
Diversifying is one good investment plan that can be applied in crypto investing. To make a combination of investments, you can choose popular crypto and new crypto that might give you again in the future.
But of course, the question arises, what is the best crypto to invest in 2021? There really is no definite answer, because crypto trading is risky. All possibilities need to prepare to bear the risk.
From the various source, I am summarising a new crypto coin to invest in 2021.
Bitcoin is the king
According to US money news, Bitcoin still has the potential to provide attractive returns this year. Despite the resistance from official authorities stating that Bitcoin is a high risk. This volatile value can cause prices to fall and create large losses.
However, comparing Bitcoin to the price of gold, this year the movement is inversely proportional. Bitcoin tends to go up, but Gold tends to fall. There seems to be a shift in investor behavior to choose Bitcoin over Gold. At least at this point.
At first the DOGE token was just a joke, but it turns out that Dogecoin fans are very big, one of which is Elon Musk, the owner of SpaceX and Tesla Motors Inc.
In one tweet he wrote that he would bring Dogecoin to the moon. Either Elon’s goal is to joke or really he will take the Doge flag to the moon through his space project. But often Elon Musk’s tweets get an overwhelming response from the public.
Tron or TRX is a new crypto asset. TRX founder and developer Justin Sun is a young Chinese entrepreneur on the Forbes 30 under 30 lists and a student of Jack Ma.Some analysts predict that Tron will become a means of payment by which more and more people use Tron in the future. The reason is that many people are already willing to pay for access to premium content.
Binance Coin (BNB)
BNB Coin was launched in 2017 and has strong fundamentals because it is the native token of the Binance Exchange.
Binance is one of the largest crypto brokers in the world with CEO Changpeng Zhao a successful Chinese-Canadian entrepreneur.
BNB can pay trading fees on the Binance Exchange and other payment tools used by certain vendors for example for travel expenses, buying virtual gifts, and many more.
Because many exchanges accept Ethereum, this coin has a fairly high level of liquidity. So that the disbursement is easier than other digital currencies.
The Ethereum exchange rate did experience a decline in 2018, just like Bitcoin. However, Ethereum reverses back in 2020 and was able to occupy second place on CoinMarketCap.
NEM is a unique digital currency due to obtaining NEM with the harvest. Unlike other cryptos with mining and it is this difference that makes it unique.
Despite their differences, the time it takes for investors to make NEM withdrawals is very short. The process is only about 6 seconds and the confirmation process will take 20 seconds. The power required to harvest NEM is also 100 times less than mining BTC or other cryptocurrencies.
Basic Attention Token (BAT)
Brave Browser is a company that develops Basic Attention Tokens. The way these tokens work is the same as giving bonuses or tips to content creators.
The number of information provided by content creators determines the size of the tokens they get. To get lots of tokens, of course, the content creator has to provide a lot of information.
VidyCoin is also one of the main cryptos on the Vidy platform. You just have to watch an ad to get Vidy tokens. This coin is quite potential and promising to provide a return. What makes this coin unique and different from others is that it has The Video Layers for Ads technology, which is one of the innovations in the digital advertising industry.
New crypto-coins 2021 mining
The main problem with crypto mining is the high-cost electricity. Therefore, as much as possible to mine, choose crypto that has a high value and has the potential to be more profitable than crypto with a falling value.
If possible, joining a mining pool is less risky because of using better equipment. The risk is if the mining pool is a scam.
Here are some good sources of crypto coins mining in 2021.
First launch in 2016 Zcash, or Zero cash, is anonymous crypto. The mining process with graphic cards uses equihash.
Mining results depend more on the high RAM requirements of solving the complex math of a transaction. With 10Zcash rewards and 1 Zcash press time value is $ 133.86. Become one of the crypto worth mining.
Crypto coin, which started as a joke, also has the potential to be profitable to mine. Using the Scrypt algorithm, the block mining reward is 10,000 Doge.
While it is not currently at the top of the crypto top, a potential market change could lead to a rise in Doge’s price.
Litecoin is a popular crypto coin for being one of the top cryptos. With the 12.5LTC crypto coin block mining reward it is still possible to be profitable. This coin also uses a protocol script with a proof of work algorithm.
The GRIN launching in early 2019. Although this crypto may seem less popular, it is unique in its own right with the balance of privacy and scalability that uses the MimbleWimble protocol. The supply of Grin coins is unlimited, making coin mining very attractive.
Upcoming new crypto coins release 2021
A new altcoin might be able to make a boom if it gets a market response. Citing yahoo finance, some altcoins may be trending in 2021.
One uniqueness that Elrond offers is a high transaction speed of up to 100,000 per second using its sharding mechanism.
Elrond launched on the main net in 2020 by offering another solution by splitting the network into groups of nodes to process transactions specific to their shard.
The platform uses Adaptive State Sharding means grouping nodes into shards and blockchain transactions and data. It takes into account the number of nodes available and the level of network usage. This method dramatically improves yields without compromising decentralization.
Reef Finance is a Defi project designed to make it easy for newcomers to find decentralized financial opportunities. Beginners do not need to understand all frameworks to participate.
Reef finance is a kind of liquidity aggregator that offers smart lending, betting, and mining services.
Bluzelle is here to offer decentralized data storage for blockchain-based applications. This is a solution to the high cost of storing data on a blockchain such as Ethereum.
This platform offers the same price. And storing data in North America, Europe, and Asia, then Africa, South America, and Australia.
Clover is a Polkadot para chain \project that offers an all-in-one Defi platform. This platform is open-source for developers to contribute to creating applications or modules.
Clover also has a roadmap for building in-house applications for decentralized token exchange, lending, and wallet services.
Elastos is an open source for everyone where developers can build applications with all data exchanged peer-to-peer, stored in a decentralized way. The platform claims that it is a safe and tamper-resistant platform for the internet.
The platform claims there is no risk of hacker attacks even with internet connectivity. Elastos users need a key for all communications to ensure that applications cannot connect to untrusted sources without explicit consent.
Which Cryptocurrency will explode in 2021?
At the beginning of 2021, the crypto that exploded was Bitcoin, which experienced a high rise, although it eventually fell back down.
Another highlight is Dogecoin, a crypto coin that started out as a joke and has a huge following due to Elon Musk’s tweets.
The emergence of the new crypto coins 2021 also gives its own color, because maybe one of them will explode this year.
Maybe will come so many new crypto coins in 2021. But Crypto or forex investment is risky, although it promises that one might get rich from crypto assets. However, investors must wisely use their capital.
The material in this article is informational only and does not contain investment advice. The rest of the risk is the responsibility of each investor or trader.
Read more article