The CoinPayments manager points out 8 cryptocurrencies that could increase by up to 50% by the end of the year

After the price of Bitcoin (BTC) broke its historic record twice in 2021, the cryptocurrency market has once again shown optimism as analysts predict new highs for the major crypto assets in the market.

While cryptocurrencies are in vogue, figuring out which ones make the best investments is not an easy task.

Intense volatility with aggressive highs, often accompanied by sharp drops, discourages more conservative users. However for Rubens Neistein, CoinPayments Managing Director, Eight crypto assets still have great potential for appreciation in 2021.

Bitcoin (BTC)

The CoinPayments manager points out 8 cryptocurrencies that could increase by up to 50% by the end of the year
The CoinPayments manager points out 8 cryptocurrencies that could increase by up to 50% by the end of the year

The world’s first and most popular cryptocurrency remains at the forefront of investment preferences.

Despite its known volatility, including losses in mid-September 2021 due to external shocks, the truth is that this crypto asset has a tendency to break valuation records.

The most optimistic forecasts assume that it should pass the USD 100,000 mark by the end of the year.

Ethereum (ETH) Â

Ethereum (ETH) is also suffering from the reaction of the cryptocurrency market to the global economic crisis. But before it crashed in September, the digital currency hit all-time highs, largely due to its platform update.

The asset is expected to beat its all-time high and stabilize at $ 4,000 per share.

Polkadot (DOT) Â

Between May and July, this asset saw a sharp drop in share price after breaking its all-time high of $ 49.80. However, what was seen over the next two months suggests a strong rebound, with a 256% increase in value and a capitalization 66% higher than Ethereum’s during that period.

The data shows a steady upward trend and puts the currency in the crosshairs of investors.

Cardano (ADA)

In early September 2021, Cardano, a coin born in 2017, peaked at $ 2.96 in value. Although there has been a slight decline since then, the price is still well above the $ 0.17 recorded on the first day of the year.

Cardano has a community that mobilizes power and the trend is to add even more value, especially with the launch of its new platform.

Binance Coin (BNB)

Binance Coin has established itself as an important crypto asset in the market. It can be used both as a payment method and as a utility token for any commissions at the broker and is the native cryptoasset of Binance Smart Chain (BSC), currently the second largest blockchain platform on the market.

The cryptocurrency appreciated sharply in early 2021, saw a decline between May and July, but continues to recover and should end the year higher.

Uniswap (UNI) Â

It is the governance token of the decentralized exchange of the same name and already completed its first year of operation in September 2021. Valued at less than $ 4 in December 2020, it hit $ 43.16 in early May.

The decline that hit the crypto market between May and July had an impact on the price, but the asset is already recovering and is expected to rise by the end of the year.

PancakeSwap (CAKE)

It’s another governance token owned by a decentralized exchange of the same name. Its trajectory follows the same trend as its competitor Uniswap. That said, an aggressive spike in the first few months of 2021, peaking ($ 42.59 in late April) and falling sharply from May to July.

The digital currency is on the recovery path and the introduction of the new NFT market should spur growth.

Theta (THETA)

Released in 2019, Theta is a governance token for the platform of the same name that functions as a peer-to-peer video and content exchange. In March 2021, the asset was valued so high that it grew 17,000% in one year and was among the top ten digital currencies.

The value has fallen a bit since April, but the crypto asset has potential for the rest of 2021.

The views and opinions expressed are those of the author only and do not necessarily reflect the views of Every investment and trading move involves risk, you will need to do your own research when making a decision.

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