The cryptocurrency market is a volatile one. In order to make informed decisions in this space, it is important to understand the top three cryptocurrencies and their potential.
The next cryptocurrency to explode 2021 is the next big thing in crypto. It’s a coin that has been on the rise and will continue to be for many years to come.
- The digital asset market has re-established its footing.
- ADA, 1INCH, and CHZ are the top three highlight cryptocurrencies.
The digital asset market has regained its footing. This time, though, altcoins take center stage. Notably, in the past seven days, these top highlighted cryptocurrencies have seen a massive increase in value. In particular, despite the difficulties it confronts every day, the crypto industry shows no indications of slowing down.
Let’s take a peek at the top three cryptocurrency spotlights that are now trending on CoinmarketCap.
Cardano, No. 1 (ADA)
Cardano is a proof-of-stake blockchain platform whose primary aim is to empower positive global changemakers, innovators, and visionaries. ADA is also displaying some amazing bullish characteristics. According to CoinGecko, the cryptocurrency has increased by 50% in the past week and is now trading at $2.04. As the announcement of the Alonzo mainnet release approaches, crypto users may anticipate another bull run.
Cardano has just completed the Blue, White, and Purple stages of the Alonzo testnet. The remaining two, in particular, are Alonzo phases Black and Red. The Alonzo mainnet will be ready to launch once all of the stages are completed. Charles Hoskinson will announce the final date as soon as possible.
At the time of writing, the ADA price was trading at $2.04 on CoinMarketCap, with a 24-hour trading volume of $6,414,320,273.
2. One-inch (1INCH)
The 1inch token (1INCH) is a cryptocurrency based on the Ethereum network. As part of its governance update, the 1inch Foundation has developed the 1inch Network Governance. Furthermore, the update promotes active community involvement, particularly in protocol decision-making. As a consequence, while evaluating and accepting ideas, 1inch procedures will be more open and efficient.
At the time of writing, the 1INCH price was trading at $3 on CoinMarketCap, with a 24-hour trading volume of $381,835,758.
3. chili peppers (CHZ)
Chiliz (CHZ) is one of the most popular cryptocurrency assets for sports and entertainment. Furthermore, this currency is associated with Socios.com, the world’s first blockchain-based fan interaction and reward network. More importantly, Messi’s new team has come up with a unique way to pay his new star’s wage.
According to the team, Messi gets a large number of Chiliz-based fan tokens as part of his signing bonus. Although the precise amount of tokens obtained is unclear, the club claims that he receives a significant number of cryptocurrency tokens. This is mostly due to the fact that Paris Saint-Germain is a Socios.com marketing partner.
At the time of writing, the CHZ price is $0.37, with a 24-hour trading volume of $887,469,578, according to CoinMarketCap.
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 penny cryptocurrency to invest in 2021 is a question that has been asked by many people. In this article, I will highlight three of the top cryptocurrencies and provide an introduction paragraph for each one.