Best crypto coins in Q2 2021

Cryptocurrencies have been on the market for many years now, and have proved to be one of the best-performing assets in the world, beating SP500, Gold, and other material assets.

If you are considering where to park your money in 2021, then altcoins might be your best choice. But as we can see on the CryptoCompare website, there are more than 3000 cryptocurrencies, and nobody has the time to research that many projects.

The big question is, which ones are winners, and which will have the best returns in 2021?

To discover the answer, we’ve asked hundreds of Experty members the same question: What are the crypto coins that you will be watching in the second quarter of 2021? We tried to focus on asking which coins or tokens are the most undervalued on the market. We’ve combined the most recurrent answers together to create this article.

In the last 12 months, the total crypto market capitalization rose from $138B to over $1.57T.

Source: tradingview.com

It’s a massive move as more professional investors began to throw money into the market. Remember that there are always opportunities to succeed, regardless of how much the market has already grown. That’s why we’re presenting you with some of the most undervalued projects that we think still have the potential to grow.

1. Tezos

Tezos is a protocol that competes directly with Ethereum and has a value proposition that differentiates it from the rest of the pack. It provides a unique way that helps the protocol to evolve and improve over time without the danger of a hard fork - it's called a self-amending crypto ledger. The main tagline of the project is “Secure. Upgradable. Built to last”, which makes sense if it delivers on the promising technical aspect.

Tezos’ market cap is between $2,600,000,000 - $2,800,000,000 at the time of writing. This means the market cap is relatively low to the amount Bitcoins (65 627 BTC) and Ethers (361 122 ETH) raised during its ICO. If the combined amount of USD equivalent at current rates is around 3 823 033 000 worth of crypto raised, it means that participants in the ICO haven't recovered their initial crypto deposits.

Source: binance.com

On the other hand, Tezos already has a working network. Other projects with more hype don’t. In addition, the market price pair Tezos/BTC looks relatively low when compared to the other projects that have had growth in the last three months.

We encourage you to join the Tezos community to ensure the direction of the project.

2. IOTA

IOTA is a distributed ledger targeting use cases related to the Internet of Things. IOTA is a Directed Acyclic Graph (DAG), not a blockchain. DAGs have some key differences compared to regular blockchains that help improve the number of transactions per second.

IOTA has announced partnerships with large companies such as Dell, Jaguar, Land Rover in the Cities Of The Future initiative.

Considering the price that has only started to move in the last 3 weeks, it is clear that IOTA is showing potential, and might be a good project to be involved with.

As always, you can connect with the community to find out what the IOTA project has planned in the coming months.

3. Crypto.com

Crypto.com is a different animal than most of the projects listed. Their main mission is to "put cryptocurrency in every wallet". The original project name in 2017 was Monaco and was later changed to match their vision. Over time, Crypto.com's use cases have evolved, leading to their mainnet launch planned for March 25, 2021, with the chain name Crypto.org.

The main reason why Crypto.com may be different from existing projects like Ethereum, Cardano, or Tron is that Crypto.com is actively working on their fiat-to-crypto track, which could improve crypto adoption by allowing sellers to accept crypto as payment but receive fiat. This unique position could drive the price in the long run.

4. IOST

IOST is its own full blockchain network and ecosystem with its own nodes, wallets, and consensus protocol. IOST is a blockchain designed to be "ultra-fast" through a combination of unique technologies such as Proof of Believability (POB) and Efficient Distributed Sharding (EDS).

The IOST protocol allows developers to deploy large-scale dapps that can support a large number of users at once, it’s something most current protocol blockchains cannot do. It’s essentially a protocol blockchain and provides a platform for its users to exchange online services and digital goods in a decentralized manner.

What sets IOST apart from competitors like Ethereum and NEO is the focus on scalability solutions. Scalability barriers currently haunt the blockchain industry and are a serious barrier for the technology to achieve critical adoption. People will not switch to blockchain technology if it means slow transactions, unusually high fees, and low throughput.

5. Safepal

SafePal is a cryptocurrency wallet that aims to provide a secure and user-friendly crypto asset management platform. SafePal provides a one-stop non-custodial wallet solution that allows users to easily store, manage and trade their crypto assets.

Founded in 2018, SafePal is a secure and powerful cryptocurrency wallet that helps users protect and grow their decentralized assets. It is also the first hardware wallet invested and supported by Binance. Binance is a major player in the crypto sphere, so this support means that SafePal could have the potential to grow in the future.

Currently, SafePal serves more than 55,000 users in 87 countries worldwide.

6. Nexo

The Nexo platform and its native NEXO token form the core of the Nexo blockchain-based system, whose goal is to offer instant cryptocurrency-backed loans. Launched in April 2018, the platform aims to make acquiring crypto loans easier than ever, with fiat money loans available without reliance on credit checks.

The system is designed as a means of securing liquidity in an automatic and flexible manner, with an added bonus of providing back-up for customers' liquidity through their digital assets.

Nexo supports more than 20 cryptocurrencies, including popular options like Bitcoin, Ethereum, XRP, Cardano, Monero, etc.

As a financial service, Nexo holds promise in the DeFi space and could see gains if they gain momentum. They’re worth keeping an eye on.

7. Morpheus.Network

Morpheus.Network is a budding development in the world of shipping. It uses a private network of IPFS document storage nodes combined with event logging on the Ethereum blockchain to ensure that shippers, authorities, and consignees can consistently retrieve shipment data and have confidence that documents used in shipping transactions are verified, tamper-free originals.

Because all goods shipped through Morpheus.Network's platform can be easily associated with the correct documentation, users can move shipments across borders with less friction and greater speed.

Set to disrupt the global shipping industry, Morpheus is certainly a bright option to consider getting involved with.

8. Avalanche

Avalanche is a decentralized application network that works similarly to Polkadot. The technology allows developers to deploy blockchains that meet specific requirements and that can interoperate with other blockchains to create a comprehensive ecosystem.

AVAX is the network's native token. AVAX is used to pay for transactions on the Avalanche network. It has a hard cap and is a scarce commodity as it gets burned when used. This means that it could have potential in the near and far-term to increase in value.

9. Cosmos

They call themselves the "Internet of Blockchains”. Cosmos aims to create a network of networks united by open-source tools to streamline transactions between them. It is this focus on customizability and interoperability that sets Cosmos apart from other projects.

Rather than prioritizing its own network, Cosmos’ goal is to foster an ecosystem of networks that can share data and tokens programmatically without a central party facilitating the activity. Each new independent blockchain created within Cosmos (called a "zone") is then tied to the Cosmos Hub, which keeps a record of the state of each zone, and vice versa.

The Cosmos Hub, a proof-of-stake blockchain, is powered by its own cryptocurrency, ATOM. If you are interested in the concept of the internet for blockchains, then ATOM might be something to consider.

10. Travala

Founded in 2017, Travala.com has grown from a small start-up to the world's leading blockchain-based travel booking platform, trusted by thousands of customers worldwide as their preferred online travel agency.

Travala has created a frictionless travel booking experience that incorporates next-generation blockchain technology and tokenized incentives. The platform’s native currency is called AVA and can be used for payments, receiving and redeeming loyalty rewards, refunds, and as a store of value.

For travelers and crypto enthusiasts alike, Travala’s AVA token shows promise for the near and long-term future.

Conclusion

These are the top picks by Experty specialists for Q2 2021 best cryptocurrencies. Every single one of the mentioned crypto has great potential in 2021. That said, they all put your finances at varying degrees of risk, and you should be cautious and do your own research to find out which are right for you.

While cryptocurrencies can lead to large profits, you must also have a tolerance for losing money. Remember, your predictions won’t always be right! Me, you, or even Warren Buffet - nobody truly knows what is going to happen to the price of a cryptocurrency or any other investment.

As usual, please do your own research to make sure you know what you’re getting into before investing. We aim to give you the best-curated advice from professionals around the world, but at the end of the day, you are responsible for what crypto you obtain.

At Experty our mission is to build a community full of contributors, experts, and users that will help us democratize worldwide DeFi knowledge and information exchange.

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Please Do Your Own Research always! We are not financial advisors, any information provided in this article is not intended as investment or financial advice. It is merely information based upon our own experiences. The information we present is of a general nature and should merely be used as a place to start your own research and you definitely should conduct your own due diligence. You should seek professional investment or financial advice before making any decisions.