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The year 2020 meant an upswing in cryptocurrencies, not least because of the corona crisis. Bitcoin & Co. have gained more importance in the last few months than ever before. The popularity of digital coins has increased by far. Accordingly, it is not surprising that more and more investors are interested in new cryptocurrencies.
Not only our social behaviour but also our buying behaviour has changed drastically in the last year. More and more people are investing in cryptocurrencies or using coins as a payment method on the Internet. This trend will continue – because the year 2021 has some promising new cryptocurrencies ready.
In this article, we will address the following questions: What new cryptocurrencies are coming in 2021? How do new cryptocurrencies arise? Where is the best place to buy digital coins? And which cryptos will be worthwhile?
| New cryptocurrency with potential: | description | Buy now |
| Oyster (PRL) | Oyster was presented as “the future of website monetization and storage”. Oyster is a blockchain that offers something really innovative. Oyster’s premise is based on the fact that online advertising has died or stopped working. The solution that the company provides is a code chain. | |
| Polkadot (DOT) | Polkadot is a next-generation blockchain protocol. Polkadot enables different blockchains to be connected. The idea behind Polkadot is to create a better and safer internet so that you can have more control over it. In addition, Polkadot acts as a relay chain, which enables a simpler, faster and more resource-saving start of your blockchain system. | |
| Power Ledger (POWR) | Power Ledger is a platform that enables the exchange of cryptocurrencies and energy based on an Australian blockchain, allowing the decentralised marketing of renewable energy. In other words, companies and households that want to use power ledgers can sell the excess solar energy on the local network and buy more energy from traditional electricity companies that are traded at lower prices. | |
| Cardano (ADA) | Cardano was built based on peer-reviewed academic research as the first blockchain project and public, decentralised open-source cryptocurrency. | |
| Chainlink (LINK) | ChainLink is a platform for cryptocurrencies, which aims to promote the use of “smart contracts”. Smart contracts in the blockchain denote a technology that helps users exchange money or other valuable assets without intermediaries. The purpose of ChainLink is to make it easier to connect smart contracts to external resources across different networks. | |
| Cosmos (ATOM) | Cosmos is a decentralised network of independent parallel blockchains. Cosmos offers technology that enables direct payments between different blockchain networks without the involvement of cryptocurrency exchanges. That makes Cosmos itself a decentralised exchange platform. | |
| Ontology (ONT) | Ontology is an innovative project based on a public blockchain and high performance. It is a reliable and collaborative platform distributed among users and was created by China Onchain company in 2017. Ontology seeks to break down the barriers between the corporate sector and the blockchain to allow the development of projects of all sizes and shapes. | |
| ARK (ARK) | ARK is based on a system called SmartBridge, with which blockchains from different projects can communicate with each other. The main goal of ARK is to provide a common connection point for every cryptocurrency so that users who are part of a particular cryptocurrency network can keep their currencies there while executing smart contracts on another platform. | |
| Stratis (STRAT) | Stratis is a blockchain platform designed to provide C # developers with the tools they need to create their custom blockchains. The main goal is to provide simple and accessible solutions for finance, technology and medical companies who need to create and test dApps for their business. |
Cryptocurrencies are purely digital units of value whose physical possession is replaced by a long letter or number key. The easiest way to explain this is that cryptocurrencies are limited entries in a database that cannot be easily changed. A cryptocurrency can also be defined as a string of data that has been encoded to denote a currency’s unit. There are many different cryptocurrencies, of which Bitcoins are arguably the most popular and best known. In contrast to conventional currencies, cryptocurrencies are free from government supervision and manipulation. Instead, they are monitored using peer-to-peer internet protocols.
Cryptocurrencies are generated by what is known as mining, i.e. by adding transaction records to the public ledger of the cryptocurrency in question. Transactions happen instantly and are known to the entire network. However, the transactions must be confirmed to be completed.
However, before a new cryptocurrency comes onto the market, specific requirements must be met. These include the whitepaper and ICO.
Before a cryptocurrency can be introduced, the digital currency must have a whitepaper so that it becomes a successful advertising campaign. A whitepaper is nothing more than a document that describes the overview of a problem that the project wants to solve. It also contains a detailed description of the product, the architecture and the interaction with the users.
The most important aspects of a whitepaper are:
For example, Bitcoin was launched by Satoshi Nakamoto after sending an email on November 1, 2008, with the title Bitcoin: A Peer-to-Peer Electronic Cash System. On eightHowever, the pages, he described the basis for Bitcoin and blockchain technology in the whitepaper.
Also, Ethereum, the second-largest cryptocurrency to Bitcoin, was of Vitalik Buterin white paper Ethereum: A Next-Generation Smart Contract & Decentralized Application Platform described and thus launched. The concept was then presented at the beginning of January 2014.
The ICO is the form of financing for business models based on blockchain technology. With ICO ( Initial Coin Offering ), young companies or startups sell tokens for fiat money (or established cryptocurrencies) to gain capital. In particular, the ICO is held at the IPO ( Initial Public Offering ), where a company goes public.
ICOs 2021 will be used to bring new cryptocurrencies to the market. For example, so-called utility tokens are initially offered for sale at low prices, which later become the digital currency that is also traded.
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First of all, you choose a suitable provider. This decision should be based on your own preferences and trading ideas. If you are not interested in setting up wallets and may not even intend to get any real benefit from the tokens, you can get everything you need via providers like ROinvesting.
But if you are an accomplished crypto investor who is only too happy to equip your portfolio with the coins, you will hardly be able to avoid a real crypto exchange.
A comparison of the different providers can help one in finding the best deal. In fact, the choice of the right platform is critical, which should not be underestimated.
User-friendliness and usability may therefore have a direct impact on personal trading results. So if you pay the necessary attention here, you will ultimately be able to capitalise on it. We recommend our test winner ROinvesting, as it has the best conditions.
As soon as new cryptocurrencies are available and tradable on the market, they will be added to ROinvesting as soon as possible.
Registration with ROinvesting is usually completed quickly. At ROinvesting you have several registration options. In addition to the option of creating a user account yourself, there is an option of registerinprecariousg via a Facebook or Google account. It once again simplifies the process considerably. On the home page, you will find a link to the form in which you can enter your name and email address.
The exact information that is requested at this point depends on the respective crypto exchange. But you will also have to choose a password and then confirm your email address.
Serious brokers have to provide a correct email address and a mobile phone number to verify the account.
It depends on the respective Bitcoin broker which payment methods are accepted. As a rule, you should be supported by your provider with the deposit. There is usually a corresponding menu item or button that leads you to the transaction.
The cryptocurrency market is highly risky. Therefore, you should only invest money that you have “left over”. This is because a total loss of the deposit can occur at any time.
Our test winner ROinvesting offers the following deposit options :
| Payment option | Possible? |
| Buy cryptocurrencies with a credit card | ✔️ |
| Buy cryptocurrencies with PayPal | ✔️ |
| Buy cryptocurrencies with Rapid Transfer | ✔️ |
| Buy cryptocurrencies with Skrill | ✔️ |
| Buy cryptocurrencies with bank transfer | ✔️ |
| Buy cryptocurrencies with Neteller | ✔️ |
| Buy cryptocurrencies with UnionPay | ✔️ |
Now the account at the crypto exchange is finally set up and equipped with credit. Now it’s time to choose the assets. How should you invest in cryptocurrencies? Which crypto coins are worthwhile? You can currently trade over 16 cryptocurrencies on ROinvesting. The offer is constantly being expanded. Should new cryptocurrencies be added, you will undoubtedly find what you are looking for here.
A big advantage of ROinvesting is the demo version of the platform. So it is certainly worthwhile to be active here first to get to know the offer. Then you will have to choose between different currency pairs.
Search fields can also be used to research specifically for coins. In the end, you will then place your buy or sell order.
Of course, the question arises as to whether or not you should invest in new cryptocurrencies. The advantages are clear: If there is a good business model, the cryptocurrency has a chance to prevail against the tried and tested coins. As a result, new cryptocurrencies may see a surge similar to that of Bitcoin or Ethereum.
In addition, cryptocurrencies are becoming increasingly popular. Trading in cryptocurrencies was booming, especially during the Corona crisis. This will not change shortly – accordingly. Nevertheless, new cryptocurrencies could turn out to be worthwhile.
A disadvantage is, of course, that there are already a lot of cryptocurrencies that can be traded. So the competition is correspondingly great. Unfortunately, it has also happened that new cryptocurrencies have appeared but have been forgotten after a short time.
While many companies suffered from the Corona crisis, there was a real boom in digital currencies in 2020. Bitcoin & Co. increased quite a bit and did not seem to be slowing down at the moment. Cryptocurrencies are currently not only for speculators and traders as a means of payment. They are becoming increasingly popular. It is, therefore, all the less surprising that the well-known cryptocurrencies will also shine in 2021 :
| Cryptocurrency | description | |
| Bitcoin (BTC) | Even when new cryptocurrencies hit the market, Bitcoin never goes out of style. Last year, Bitcoin boomed and hit an all-time high. At the end of November 2020, Bitcoin had seen a 177% increase. Analysts unanimously share strong views about the Bitcoin future and set unbelievable price targets of up to USD 318,000 for BTC. | |
| Ethereum (ETH) | Ethereum also achieved a brilliant performance in 2020 and, according to the experts, will continue to rise sharply. The second-largest cryptocurrency started in 2020 with around USD 125 for ETH and grew to approximately USD 600 for ETH by the end of the year. 2021 could also look very good for Ethereum, as Ethereum is the preferred network for decentralised applications. | |
| Ripple (XRP) | Ripple was created as an alternative payment system to transform and facilitate cross-border payments. More than 100 financial institutions have taken over Ripple. In 2020, the Ripple blockchain was expanded to more than 300 providers in 40 countries. | |
| Litecoin (LTC) | Litecoin is currently fluctuating, making the digital currency affordable. However, the cryptocurrency has one of the lowest mining times and a high reward of 25 LTC. Therefore, according to analysts, the price of Litecoin will tend to increase in 2021. | |
| Bitcoin Cash (BCH) | Bitcoin Cash was launched in 2017 as faster and more secure blockchain technology. As a result, more transactions can be carried out with Bitcoin Cash than with Bitcoin. In theory, Bitcoin Cash could soon replace Bitcoin as a means of payment. | |
| Cardano (ADA) | Cardano has the potential to hit $ 1.50 by the end of 2021. Growth depends on the release of Hydra – a solution designed to help Cardano run over 1 million transactions per second. |
The year 2020 was one of the greatest challenges for the economy and also for the financial system. With the pandemic and lockdowns, many investors turned their attention to cryptocurrencies as an alternative to traditional financial investments. It is, therefore, all the less surprising that new cryptocurrencies with potential will come about in 2021.
Investors are excited to see which new cryptocurrencies will prevail this year. The expectations for the ICOs in 2021 are correspondingly high. Due to the corona crisis and the ongoing measures, 2021 seems to be the perfect year for cryptocurrencies. In general, popularity is currently skyrocketing.
So if you want to invest in new cryptocurrencies, you should wait for the ICOs. As soon as a business model has succeeded, we are sure that the new cryptocurrency will be available from our test winner, the crypto broker ROinvesting.
As of October 2020 there were over 7,300 cryptocurrencies.
New cryptocurrencies will not have an easy time of it due to the fierce competition. However, if the business model behind it is mature, an investment should definitely be worthwhile.
Experts are currently assuming that Bitcoin will remain number 1 – also in the future. Followed closely by Ethereum and Ripple.
Investing is speculative. Your capital is at risk when investing. This website is not intended for use in any jurisdiction where the trading or investments described are prohibited and should only be used by persons and in a manner permitted by law. Your investment may not be eligible for investor protection in your country or state of residence. Therefore, conduct your own due diligence. This website is available to you free of charge, however we may receive commissions from the companies we offer on this website
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