Cryptonaire Weekly Magazine Edition 164

Page 34

CRYPTONAIRE

WEEKLY CRYPTO investment journal

TOP CRYPTOCURRENCIES WHICH WILL EXPLODE IN 2021

There is no dearth of top cryptocurrencies that are available in the market today. However, when it comes to selecting the best cryptos for 2020 or those that are bound to explode in 2021, there are some great options available for investors. In this article, we take a closer look at the top cryptocurrencies for 2020 and those that will likely witness a boom in 2021. Also, what trends/events shaped the crypto market in 2020, and what is the outlook for the future.

Development of the Cryptocurrency Space – Top Cryptocurrencies 2021 The cryptocurrency space is more than ten years old with over 5,500 varied cryptos as well as a market cap upwards of 250 billion dollars. According to researchers in America, the industry has currently reached the 4th supercycle. They further pointed towards the fact that the previous three epochs culminated in unique developments that have shaped the market on the whole. The very first crypto phase occurred between 2009-2012 with the mining pools as well as cryptocurrency exchanges as the major highlights of the cycle. During the same time, most of the investors got attracted to BTC owing to its capability of transferring value trustlessly i.e. without any central intermediary. Cryptonaire Weekly | January 12th 2021

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