Roo's All-In Giveaway, $300,000 in Prizes
3.6 k views

3 Incredible Altcoins to Watch out for in 2020 and 2021

Since the inception of Bitcoin in 2008, there has been a spike in the hype surrounding cryptocurrencies and blockchain. Though Bitcoin has dominated the market, more cryptocurrencies come into the market daily, with over 20000 digital currencies circulating the crypto world.

A new era is in play for safer, sustainable, and profitable solutions for financial and investment spheres. More cryptocurrencies mean more options for multitudes fascinated by this dimension, which proves the typical notion that only big players can trade in crypto wrong.

It is vital to note which cryptos are worth tracking in such a surplus and which could end up as a lousy selection. This article will shed light on some of the coins foretelling avid capabilities and their key features, so stay tuned.

Kava

Kava is a DeFi lending system that seeks to collateralize a user’s assets for different digital currencies. The project under Kava labs supporting cross-chain CDP has a market cap of $78,559,890, trading above $2.000.

The platform uses two servicing criteria; Kava tokens for voting and ownership and a USDX stable coin for digital assets collateral.

Based on governance, Kava owners get exclusive rights to vote on the criteria for changing the blockchain protocol. In addition, and moves assets and currencies to different blockchains through a swap feature through Kava.

Kava powers its system with the Proof of Stake protocol, allowing users to stake their tokens and act as block validators. Kava listings are on a few exchanges, including Binance, Kraken, Gate.io, and Bilaxy trading against BNB, BTC, and USDT. Besides, it has great support from other major players, including Ripple and Cosmos.

ChainLink (LINK)

The DeFi-based coin has received a lot of hype in the news lately, holding a place among the top ten cryptocurrencies. Trading at $7.60 at the time of writing, LINK has a market cap of $2,659,980,734. The coin under the ChainLink decentralized oracle network aims to join smart contracts with real-world data for increased efficiency.

Nodes in the system get rewards for data they provide while earning larger contracts for legit information and losing tokens for inaccurate information. In addition, smart contracts get support from the Ethereum blockchain; hence, oracles are connected to the network.

LINK listings are on over 50 exchanges globally, including Binance, Kraken, OKEx, Coinbase pro, Bitmax, Bithumb, Bilaxy, and DigiFinex, to mention but a few. The coin trades against some coins, including BTC, ETH, BNB, USD, USDT, BUSD, and BCH. Safe to say, the future is bright for the currency in the coming days.

DIVI

DIVI is a Proof of Stake project launched in September 2018 with a current market cap of $122,139,403. DIVI has a slogan of “Crypto Made Easy,” focusing on offering users a user-friendly environment with minimal errors.

Its blockchain feature records every transaction information and opens opportunities for accessing usernames and users’ photos. Other features that catch the eye include the utilization of atomic swaps, multi-coin wallet, and an advanced governance system.

The system contains a lottery rewards system that randomly selects winners after producing new blocks. It also runs through a multi-layered masternode network with a straightforward setup using its MOCCI system. Nodes run through the system over time, and users get payments for continuously doing that.

Users can further earn staking rewards through PoS algorithms. However, users must deposit at least 10,000 Divi, have good internet connectivity, and leave their wallets open to get this income. The platform is listed in various exchanges, including Bitrue, Bithumb Global, Stex, and Crex24, while trading against BTC, USDT, and XRP.

Conclusion

These are a few coins on the same track with a rise in cryptocurrency innovations and adoptions. Increasing demand in crypto trade invokes a simultaneous increase in the number of coins entering the market. Though some are disappointing and linked to major Ponzi schemes, others show the need to have cryptos in our daily lives.

Bitcoin live price
Btc
Bitcoin
$26.330
price
0.70694%
price change
TRADE NOW

Although some of the coins mentioned earlier are not the top trader’s choice, they show great potential in the market for days to come. They all hold a high percentage of ROI, a nearly limitless supply of their coins, liquidity, and sustainability. Time will tell where they fall in the coming trades as far as cryptocurrencies are concerned.

Stay up to date with our latest articles

More posts

Top 5 Crypto Gaming Tokens to Buy for the Next Bull Run

Crypto gaming is one of the fastest-developing sectors of the blockchain industry. In 2023, it is estimated at $7.89 billion and is forecasted to reach over $300 billion by 2030. Some see it as the next ship to onboard for lucrative long-term investments. And after a closer look at it, we can easily understand why. The strength of the crypto gaming market lies at the crossroads of several technological advances, including blockchain, cryptocurrencies, and the Metaverse. Including new economic models,…

A Guide to the Impact of US Fed’s Interest Rates on Crypto

The US Federal Reserve's interest rate is one of the world's most influential economic indicators. These rates profoundly affect global markets and investments.  But what impact does this have on cryptocurrencies? Today, we’ll explore how Fed interest rate changes affect crypto prices and why traders need to pay attention to them. We will also discuss how quickly these rates are increasing and what this means for cryptocurrency investors.  Observing the connection between US Fed rates and crypto assets allows you…

Unveiling the ERC-4337 Account Abstraction Standard – What You Should Know

The Ethereum blockchain is always changing and adding new features to make it easier to use. One of the latest developments is the introduction of ERC-4337. This account abstraction standard promises to revolutionize how users interact with Ethereum. This guide will tell you about ERC-4337. We'll explain what it is, how it works, and the good and bad things about it. We'll also talk about why you should use this new standard for smart contracts. By the end of this…

How to Evaluate a Roadmap Before Investing in a Crypto Project

Investing in a cryptocurrency project can be a risky business. After all, the crypto market is volatile, and projects can fail due to a lack of planning or poor execution. That's why it's important to understand how to evaluate a crypto project's roadmap before investing your money. By looking at the details of a project's roadmap, you can get an idea of its direction. Moreover, you’ll manage to understand whether or not it has to stay in business.  In this…

How Can Crypto Projects Use Telegram and Discord to Grow

Crypto projects have an excellent opportunity to reach and engage with their audiences using two popular messaging platforms: Telegram and Discord. How can they make the most of these channels? Today, we'll explore the differences between Telegram and Discord and show you a few successful examples on both platforms. Furthermore, we'll provide strategies for growing your crypto community. We will conclude this guide with tips for engaging your audience, combining the strengths of both platforms. Why Telegram and Discord are…

The Role of a Valid Go-To-Market Strategy in a Crypto Project Success

In the rapidly evolving world of cryptocurrency, a good go-to-market strategy is essential for any project to achieve success. Unfortunately, it's not enough to create an innovative product. You must also know how to reach your target market and effectively promote it to gain traction.  With careful planning and execution, you can develop an effective launch plan to maximize your chances of success in crypto. This article will discuss the importance of a go-to-market strategy and common mistakes when developing…

How Can a Team Create Market Traction on Its Crypto Project?

Market traction is a must-have if you want to create real, lasting success with your crypto project. But how do you ensure your team achieves the traction needed to drive meaningful growth?  This guide will explore some strategic methods for building and maintaining momentum in the crypto sector. Never underestimate the power of effective market traction – it could be the key to unlocking your project's potential. Why You Need Market Traction in the Crypto Sector The success of any…

Which Features Should a Successful Crypto Team Possess?

Creating a successful crypto team becomes imperative to succeed in this industry. This is particularly true as more people come together and launch their digital currencies or tokens. The right team and set of skills can make a huge difference in the overall success of your crypto project. This guide will explore features a successful crypto team should possess to ensure long-term success. Is There an Ideal Profile for a Crypto Team? A successful crypto team should be composed of…

What You Need to Know Before Investing in a Crypto Project with Anonymous Team

Investing in a cryptocurrency project can be an exciting way to grow your wealth, but it can also be risky. Investing in a crypto project with an anonymous team adds complexity and risks. The Phenomenon of Anonymous Crypto Teams If you explore the Internet for financial ideas, you've probably already encountered anonymous crypto teams. Some cryptocurrency teams that stay anonymous are growing successful. Some anonymous crypto teams have succeeded, despite traditional investors' reluctance toward them. For example, to this day,…

The Buyback and Burn Practice Explained

In a constantly evolving and growing crypto market, it is difficult for investors to know where to put their money. One popular investment strategy in the crypto space is buying tokens of teams that conduct a buyback and burn program.  This guide will explore what a buyback and burn practice is, how it works, and its benefits and risks. What Is a Crypto Buyback and Burn Practice A crypto buyback and burn practice happens when a company buys back its…