Cryptocurrencies are one of
the most exciting assets that you can invest in nowadays. While extremely volatile, there is no denying that cryptocurrencies have extraordinarily high rates of return.
And because of that, both large and small investors have flocked to snap up cryptocurrencies in the millions.
So, with all of that in mind, we take a look at the most exciting crypto charts in 2021 (to-date). Before going further, though, click here for the
best crypto charting software & tools by Tezro.
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Bitcoin (BTC - USD)
Market cap: more than $1 trillion
Bitcoin is beyond a doubt, the gold standard for cryptocurrencies everywhere. And with year-to-date returns of
more than 100%, you’ll be hard-pressed to find an asset as solid as Bitcoin.
As far as cryptos are concerned, Bitcoin prices have remained
relatively stable throughout 2021. And that’s considering the
blatant meddling from eccentric inventor and billionaire; Elon Musk.
Fast forward more than 6 months, and Bitcoin is once again going strong, with prices breaking through the $60,000 mark. Throw in the fact that even governments have begun accepting Bitcoin as legal tender, and you can see why we say that Bitcoin’s reign as the king of cryptos is far from over.
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Ethereum (ETH - USD)
Market cap: more than $520 billion
The brainchild of a consortium of programmers who count Vitalik Butarin and Dr. Gavin Wood amongst their ranks, Ethereum has been said to be the silver to Bitcoin’s gold.
With YTD returns of
more than 1,000%, Ethereum has since come a long way. Given that Bitcoin has managed to earn the ire of
China’s ruling government, many consumers have switched over to Ethereum in response.
From faster transfer rates to greater utility and ability to use smart contracts chances are we have not seen Ethereum’s true potential.
Also, let’s not forget that NFTs (non-fungible tokens) are hosted on Ethereum’s Ether blockchain, a fact which has also probably driven up Ethereum prices recently.
And with NFTs transacting at higher and higher prices, it’s safe to say that the sky’s the limit for Ethereum.
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Ripple (XRP - USD)
Market cap: more than $50 billion
Admittedly, 2021 has not been a good year for Ripple with the crypto’s parent company Ripple Labs being hit with a lawsuit from the SEC, for several securities-based violations.
But it’s not all bad news for XRP, recent news reports have revealed that several court rulings have been made in favor of the company.
Besides that, XRP has been adopted for use by several companies and financial institutions to facilitate quick and easy money transfers. Given the fast transfer speeds and low fees, there is a possibility that XRP may see widespread use in the future.
And with a YTD return of about 420%, there’s not much to complain about if you’ve been putting money into XRP.
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Litecoin (LTC - USD)
Market cap: more than $14 billion
While Litecoin has a relatively humble YTD return of just over 60%, there are plenty of reasons why you shouldn’t give this altcoin a miss.
Developed by former Google engineer Charlie Lee as a replacement for Bitcoin, Litecoin promises faster processing times at a lower price thanks to improved protocols.
While nowhere as popular as Bitcoin or Ethereum, Litecoin has been gradually attracting the attention of both
retail and institutional investors, which can be attributed to several factors.
First of all, NASCAR driver Landon Cassill’s request that he be paid in Litecoin has attracted plenty of attention and got many tongues wagging.
Secondly, Litecoin exhibits relatively low volatility with prices exhibiting a slow, but steady upwards movement over time.
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Dogecoin (DOGE - USD)
Market cap: more than $35 billion
With a YTD return of
more than 5,000%, no one’s laughing at Dogecoin now. Dogecoin first started out as a play on the popular “Doge” meme, but quickly gained momentum when Elon Musk got involved.
Thanks to a series of high-profile tweets from the maverick CEO, Dogecoin saw it’s prices balloon overnight, and excited investors were only too glad to play along. The rest as they say is history, with Dogecoin quickly becoming the icon of a meme generation.
Closing Thoughts
So, there you have it. A run-down of some of the most exciting crypto charts in 2021. While investing in cryptos can be highly-lucrative, always remember that the market is extremely volatile, and can shift without any warning.
