As cryptocurrencies become more mainstream, new cryptocurrencies are popping up on the market every day. 2021 has already been an extremely successful year for cryptocurrencies and once again proved that they are not a dream bubble to be laughed at. There are currently a lot of new cryptocurrencies that are on their way onto the market. Which ones were really worth investing in? Of course, you can only find out about this and more from us.
1. Lucky Block (LBLOCK)
Lucky Block could almost be described as an unlicensed casino – but better. The cryptocurrency came onto the market at the end of last year and made its way to the market through a presale. This was actually supposed to run until February of this year, but all tokens were already in new hands 2 weeks before the pre-sale ended. LBLOCK has decided to reward every owner of an LBLOCK Coin with a daily lottery. So you only have to have one LBLOCK coin and you automatically jump into the lottery pot. At the same time, there are fantastic prospects for investors in Lucky Block.
2. MANA
MANA is actually not completely new on the market, but it is still very promising. MANA is a cryptocurrency in the Metaverse space for Decantraland. In Decantraland, users can let their imagination run wild and do virtually anything. This includes, among other things, creating your own avatar. Decantraland is the most popular among gamers. What is interesting here is that users can structure and sell their own creations, which they have created in Decantraland, as NFTs.
3. GALA
GALA is also a gaming cryptocurrency that allows users to monetize their gaming skills. The token is part of the GALA gaming ecosystem, on whose platform blockchain-based games have their roots. Players earn GALA Coins for achievements in games or for completing tasks. NFTs are also integrated into the games, with which users can trade.
4. Avalanche (AVAX)
With Avalanche, serious competition has emerged for the Ethereum network. Instead of just one blockchain, Avalanche uses three, which greatly improves scalability. Smart contracts are also possible on the Avalanche network. In addition, the transaction fees at Avalanche are significantly lower, something Ethereum has been struggling with for years. While the AVAX tokens are actually used to pay transaction fees, you can also hold them and earn 10% APY annually.
Not every potential is fulfilled
There have been some new cryptocurrencies that looked very promising but didn’t make it. Watch the market carefully before deciding to invest – even if it is very cheap.
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- Source: Plato Data Intelligence.