Let’s be frank. Bitcoin is not a good investment at the moment. By the beginning of 2021, it peaked at $63,729, and in less than six months, it dropped by 42.65%.
Therefore, if you want to join the crypto hype, we recommend looking for altcoins. And since 2021 is the year of crypto innovations, we gathered here three cryptos that deserve the spotlight.
The STC Token (Student Coin)
Student Coin conquered crypto enthusiasts with its unique approach towards blockchain utility. The team behind the project decided to develop something that will solve the students’ and entrepreneurs’ biggest issue – raising funds.
Most top universities are expensive, the level of competition for entrepreneurs increases by the day, and banks come with a lot of fees.
But the Student Coin Ecosystem allows users to issue crowdfunding proposals in exchange for their own STC-based token. It’s easy, quick, and the fees are barely noticeable. No wonder they’ve got 1.2 billion tokens staked in just 12 hours from the staking launch.
That’s how the STC Token jumped from $0.0002 to $0.065 in less than three months.
The BNB (Binance Coin)
Everybody knows Binance, being one of the most used crypto exchanges in the world. With over 100 different trading pairs, low fees, and fast transfers, the platform has everything a pro trader would need.
And this year, more and more people started to invest in its core token, which started from $38 and reached almost $700. The BNB market cap exceeds $51 billion, which says it all.
The XLM (Stellar Lumens)
The team behind XLM developed the token with the aim of providing people with an alternative to banks since more than half of the world doesn’t have a bank account.
Stellar is a decentralized crypto exchange by origin, where users can buy and sell both assets and securities. The market cap of XLM is near $10 billion, which is not surprising knowing the fact that it started from $0.003 and it got to $0.86.
Why are people hyped over the Stellar Ecosystem? Because it not only provides multi-currency transactions, but it also detects spam and prevents the ledger from being overrun.
There are other altcoins that are becoming popular this year, with their development being driven by the urge to solve real-life issues.
Among them, you can find the Energy Web Token, for example, which will impact the use of natural electricity. Lunch Money also comes with its LMY token, which will be given as a reward for restaurant reviews.
Well, that’s our list. If you know other worthy altcoins, don’t be shy and list them down below in the comments!