Update Alert! Crypto Market is surging more than ever some say Cryptocurrency Will Explode In 2021. Today we will discuss different cryptocurrencies’ current and future positions in the market. Subsequently, It will include whether Dogecoin will reach $1, SafeMoon will reach $1, Cardano will reach $10, Shiba Inu Coin will reach $1, and Matic will reach $5.
Cryptocurrency Will Explode In 2021
We have been waiting for the future for so long without realizing it was here all along. We have autopilot cars, rotating towers, ability to experience anything through Artificial Intelligence, all because of growing technology and new discoveries. Our financial platforms are also changing. Nowadays even high school kids are investing in cryptocurrency. Moreover, It is a new form of currency that suddenly spurt after 2018 and didn’t stop ever since. What are the most popular Crypto Currencies of this year? Are there any chances, CryptoCurrency will explode in 2021? Let’s find out the answers to all these questions in this article.
Furthermore, CryptoCurrency was first originated in 2009, by a programmer named Satoshi Nakamoto. He named it Bitcoin, the most leading cryptocurrency. Clearly, he is at the top of the Bitcoin chart with one million Bitcoin which is roughly about $34.9 Billion. Moreover, The sole purpose of this creation was to manage your own finances and funds digitally and not to rely on banks or the government. Let’s dive in and find out trending cryptocurrencies in 2021.
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Cardano ADA
This cryptocurrency was founded by Charles Hoskinson in the year 2015. Cardano ADA is based in Zug, Switzerland. Its current market price is approx $1.82. Cardano is expected to go down by 0.90%. Without a doubt, Charles Hoskinson owns the most Cardano ADA as he is the founder. You can invest in Cardano from websites like Binance, Benzinga or Kraken. Cardano will reach $10, according to the recent hike in demands of cryptocurrencies. Subsequently, It has the fifth rank in the cryptocurrency world.
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Dogecoin
This cryptocurrency was developed as a joke by two IT guys named Billy Markus and Jackson Palmer, in the year 2013. Dogecoin’s current market price is approximately $0.4204. At this time, Dogecoin has gone up by 2.31%. Billy Markus owns the most Dogecoin currently. Likewise, You can buy Dogecoin from apps like BuyUcoin, Coinswitch, and from websites like Bitpanda or Binance. Dogecoin will reach $1, very soon. Currently, It ranks in the seventh position in the market.
Furthermore, The buzz for Dogecoin started when Elon Musk tweeted that he will be using Dogecoin as a funding source for his latest lunar mission called Doge-1. However, the value of this cryptocurrency went down as soon as he announced this mission on SNL. Moreover, He believes that Dogecoin will be useful in future transactions of SpaceX as well. The purpose of the mission is to greenlight future interplanetary transactions and to understand the applications of cryptocurrency outside the earth’s surface in space.
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Shiba Inu Coin
This cryptocurrency was created in 2020 by a user called Ryoshi who remains to be anonymous. This is based in India. Shiba Inu’s current market price is approx $0.00001122. Presently, Shiba Inu Coin has gone down by 16.00%. It is currently ranked 31st in the market. Shiba Inu Coin will reach $1, this year. This cryptocurrency can be purchased from WazirX and CoinDCX web version. Shiba Inu Coin played a large role in the Covid care fund in India. Over $1 billion was donated by Vitalik Buterin towards Covid 19 Relief to India.
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SafeMoon
This cryptocurrency is recently developed, i.e., in March of 2021. The founder of this cryptocurrency is Dave Portnoy. SafeMoon’s current market value is approximately $0.000006947.SafeMoon is seen to be rising by 5.52%. Its rank in the market is 202 at the moment. It has a low price currently but nevertheless, SafeMoon will reach $1. So far there are only two platforms where you can invest in SafeMoon, they are, Coin Kong and Plus500.
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Matic Network
Matic Network was developed in the year 2017 by three software engineers called Anurag Arjun, Jayanti Kanani, and Sandip Naliwal respectively. This is an Indian Cryptocurrency. This cryptocurrency is renaming its brand from Matic Network to Polygon. Its current market value is about $2.11. As of today, Matic Network is going down by 10.12%. It is expected that Matic will reach $5. Further, Matic Network ranks at 15 in the cryptocurrency world currently. You can buy Matic Network/ Polygon on Coinbase.
Why Is CryptoCurrency Important To Us?
Firstly, Cryptocurrency is a secured form of finance that will be liable even in the next 100 years. And secondly, With pandemic and everything going on digital payments seems like the safest option of transactions. Investing in Cryptocurrency can make us more open and informed about the ideology of profit and loss. So to answer the previously asked question, will cryptocurrency explode in 2021? Yes, Cryptocurrency will explode in 2021. This year fired up the whole investing cryptocurrency scenario. Elon Musk added fuel to fire when he announced his lunar mission and how it’s going to be paid using Dogecoin. On the other hand, Covid patients were helped using Shiba Inu Coin in India.
All in all, I think investing in cryptocurrency is a good idea and in the coming years, I believe the cryptocurrency market will hike up more. Future is here and Future is now!
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