Cryptocurrencies exploded in 2021, gaining mainstream acceptance. It appears that decentralized finance is the future and the world understands this. Some cryptocurrencies flourished dramatically in 2021. We took a detailed look at these in this guide.
Check out a range of cryptocurrencies that exploded for 1000% percent gains. Some of these take a niche approach to different sectors including health. Others follow the Ethereum and Bitcoin model to succeed. Read on via Fool.com.
50. Venus BNB (vBNB)
This cryptocurrency exploded in 2021. Venus BNB is interesting because it is the first to allow users to access loan markets for the likes of Bitcoin and Litecoin. This is an intriguing niche that many potential investors find interesting (via coinlib.io).
vBNB is all about community governance. They promote a decentralized system and brought buyers a lot of profits in 2021. It’s not the most famous of cryptocurrencies but it’s growing in popularity. However, buyers will need Bitcoin or Ethereum to purchase it.
CTSI exploded in 2021. This cryptocurrency uses a hybrid model to give developers flexibility. Naturally, this gives a new level of attractiveness because it can be used across multiple blockchains. Everything about it is designed to give users more options.
Cartesi also uses off-chain components to decrease the amount of data stored on the system. This allows for a quicker, safer, and more efficient system. There’s no doubt that Cartesi will continue growing because it’s very user-friendly and effective (via Kraken).
To say that FX exploded in 2021 is a massive understatement. It grew by an incredible 7000 percent since the start of the year. This is an amazing level of growth and one that should inspire buyers. It also overshadows the likes of Bitcoin and Ethereum (via Market Realist).
However, it’s nowhere near either of those in terms of popularity. Function X is taking a unique strategy in competing with Cardano. Instead, of trying to compete with it, it’s leveraging the latter’s strengths. Meanwhile, it has a mission of bringing cryptocurrencies to the masses.
This crypto grew exponentially in 2021. WRX exploded after buyers saw it as an alternative to Bitcoin. There will only be one billion WRX coins in existence. Because of this, it’s likely to increase dramatically in value. That’s why many investors are buying it now (via Good Returns).
They also have one of the lowest commission fees in the world. WRX only claims 0.2% of every transaction so they don’t rip their customers off. Many analysts believe that this crypto has a massive future. Remember that it’s all about finding the right cryptocurrencies before they become too big.
Every crypto wants to try and find a unique niche. So Quant bills itself as the first OS for cryptocurrencies. It’s a fascinating angle and one that buyers found interesting. That’s why QNT exploded in 2021 and became more popular.
It wants to provide shortcuts to help avoid unnecessarily high costs. Furthermore, QNT plans to work as a gateway to all blockchains. In short, it believes that it can be the missing link. QNT is a growing one among cryptocurrencies with a massive upside (via Crypto News).
LCX is another crypto that grew rapidly in 2021. It’s one to watch this year because the opportunities are potentially massive. Furthermore, LCX cares about its community. It’s very active on social media as it tries to teach potential buyers about the benefits of buying tokens and cryptocurrencies.
This Ethereum-based token exploded by a significant amount in the last quarter. This crypto says that it doesn’t want to replace conventional banking. Rather it wants to act as a bridge between traditional banks and the new monetary system (via Tech Story).
Dent is another fantastic crypto with a great premise. It’s potentially one of the most alluring for regular people without a deep interest in cryptocurrencies. That’s because they want to make cell phone calls data usage cheaper. This is something that affects everybody (via Currency).
It’s no surprise that Dent exploded in 2021 because many people want to take advantage of this. Dent uses the Ethereum blockchain to sell, buy, and donate mobile data to any user. It’s a unique and truly groundbreaking idea that could change many people’s perceptions of cryptocurrencies.
Enjin is all about managing virtual goods on the Ethereum blockchain. The idea is that it will help to reduce prohibitive fees and fraud. These are common problems with virtual in-game transactions of collectibles and other goods (via Kraken).
Many gamers love this crypto because of the control and security it gives them. That’s why it exploded in 2021 and became a sought-after software. As a result, it rose in value by an exponential amount. This is a system with practical use that makes it appealing.
XDC hasn’t reached massive market recognition yet but still exploded over the past 12 months. This tradeable token is popular because it is accessible and efficient. That’s why it is growing in value and an increasingly useful asset.
Some experts believe that this is like investing in Ethereum or Bitcoin in its nascent stage (via Crypto News Z). This is a bold claim but there are grounds to believe that it will continue to flourish. That’s why prospective buyers should jump on board now.
Technically, Alchemy Pay isn’t a coin, but a token. However, it remains dynamic crypto and that’s why it exploded in 2021. Alchemy Pay wants to fill the space between crypto and fiat. This is interesting because many competitors want to replace the latter.
However, ACH understands consumer doubts and reasons that potential customers will still want to use traditional financial methods. It makes sense to be able to work in both areas. That’s also why Alchemy Pay could be one of the most sustainable models (via Currency.com).
NKN has experienced massive growth in 2021. It uses economic incentives to encourage internet users to utilize unused bandwidth. It exploded by over 1300% over the past 12 months because users buy into this idea. They believe it makes both sense and money.
This crypto aims to rebuild the internet and how netizens experience it. Furthermore, it has more full consensus than either Bitcoin or Ethereum. This also makes it the biggest blockchain network in the world. It’s been a remarkable journey since its beginning in 2019 (via Tech Story).
Unlike other recent cryptos that focus on a specific niche, VGX is all about trading. One of UBER’s leading investors is the founder of this company. The main upside of VGX is that it’s easy to trade. That’s because they use a special technology that immediately takes advantage of discrepancies on crypto sites.
In short, it actively helps its customers to make more money from cryptocurrencies. Meanwhile, there are all kinds of benefits from buying Voyager tokens. These include bonuses as well as commission-free transactions. Furthermore, the app is very user-friendly (via Coin Market Cap).
IOTX is growing in popularity because it wants to leave the power in its customers’ hands. Cryptocurrencies are attractive because of their decentralized nature. However, the reality is that most blockchains are in the hands of private companies. But IOTX created its own from scratch.
It enables customers to elect delegates to represent them within the company. Furthermore, it aims to connect buyers with their devices securely and safely. It’s not difficult to see why IOTX exploded and continues to grow at a massive rate (via By Bit).
PancakeSwap is very similar to Ethereum’s SushiSwap. That’s because it’s all about farming liquidity provider tokens. However, because it is more focused on this area, it also offers a wider range of rewards. Buyers will pool their funds in exchange for LPs.
Meanwhile, they can use these to farm two additional tokens and achieve more rewards. These tokens are CAKE and SYRUP. Yes, this crypto loves food but there’s a method to the madness. It exploded in 2021 and has seen a massive increase (via morioh.com).
HEX considers itself to be the first blockchain Certificate of Deposit. Traditional banking systems pay higher interest to depositors who don’t withdraw their funds. Of course, they must sign a contract to leave their cash untouched for a specific length of time.
Meanwhile, HEX has a similar system that incentivizes its customers to keep their money in the blockchain. It also penalizes those who withdraw it earlier. Of course, the longer the stake remains and the larger it is, the more a customer gains (via Crypto Explained).
Rocket Pool exploded in popularity in 2021 as it performed beyond expectations. In short, it’s a network of decentralized nodes. These perform validation services for the Ethereum 2.0 blockchain. It is highly effective which is why it has grown so rapidly.
If users don’t have enough ETH tokens, they can use Rocket Pool. Instead of the regular 32 tokens required, RPL allows users to stake just 16. It’s a substantial difference that makes it very appealing. It’s also a very accessible system (via Shrimpy).
There’s a common belief that once something is on the Internet, it’s there forever. However, this isn’t entirely true. Over time, websites and data change, or their uploaders redact them. This is much more common than we imagine. It’s also why Arweave exists.
Arweave is an independent information preservation protocol. This decentralized platform’s block weave holds data that makes websites and apps available on the permaweb. Users love the freedom and options that this stimulates so it exploded in 2021 (via Gemini).
Many laypeople don’t understand what the purpose of cryptocurrency is. It’s undeniable that many don’t have tangible benefits. However, Helium is an exception and that’s why it exploded in 2021. Now it’s one of the fastest rising cryptos on the planet (via Fool.com).
The Helium network offers long-range Wi-Fi hotspots that make the internet more accessible. This isn’t a cheap marketing ploy either because the city of San Jose is a customer. They signed up to the network because they want to offer internet to lower-income residents.
Livepeer is a new video-sharing platform. However, this crypto hopes to break the mold that the likes of YouTube created. Instead of storing or hosting video, it aims to distribute it efficiently. In short, LPT wants to be a go-between for broadcasters and customers.
LPT makes transcoding more cost-effective because this is the most expensive part of video sharing. Many people buy LPT tokens because they recognize the viability of this product. That’s why it’s also growing in popularity and exploded in 2021 (via Kraken).
The founders of KOK are interested in sharing knowledge and content. They make their product accessible through tokens as well as NFTs. These purchases also come with a range of benefits that their customers may avail of (via Financial Economy).
KOK makes it easy to trade media content such as videos and games. Of course, these are some of the most popular consumed items today. Cryptocurrencies associated with these will do well if they’re innovative. In sum, that’s why KOK exploded in 2021.
This blockchain platform’s primary concern is with areas like finance, healthcare, and gaming. It’s all about solving scalability issues for dApps. Customers acquire CHR tokens to invest in crypto and turn a profit. Chromia exploded in 2021 after increased interest.
Chromia also has an active community. They organize events including gaming conferences and meetups to entice potential users. This is an innovative approach that brings crypto into the real world. Perhaps that’s why it has so many fans (via Morioh).
Many sports fans will be familiar with DigitalBits. This crypto is a shirt partner for Serie A and several top Italian teams, including champions Inter Milan. However, most people probably have no idea what XDB does. In short, it’s an open-source blockchain.
The DigitalBits network helps users to launch their apps. Meanwhile, XDB users buy tokens and certificates. This crypto exploded over the past year because of its visibility. The future appears to be bright for XDB (via Financial Economy).
Unlike other crypto options, VERI offers centralized options as well as distributed components. It also wants to enable software-driven peer-to-peer capital markets. However, it removes traditional exchanges like banks or brokerages (via weusecoins.com).
They effectively cut out the middle man. This makes financial deals a lot cheaper and more efficient. No wonder it exploded in 2021 because it offers a lot of conveniences. That’s why investors liked it in 2021 and it exploded. Overall, it should continue to rise.
Youcash offers a unique concept. This platform connects online advertisers with billions of users. The fascinating aspect is that the users receive money from watching ads. Brands and businesses buy the coin and use it to target their online market.
It’s an economically viable model that appears to have a lot of upsides. YOUC exploded in 2021 because of the rapid growth in popularity. Investors want to turn a profit and have their eye on this crypto. That’s because it’s in sync with the modern world (via Financial Economy).
The WOO Network offers a range of different products. One of these is WOO X. This is a zero-fee trading platform to make life easier for users. Institutional clients also benefit from the network. Wootrade offers a range of possibilities (via Techstory).
WOO fans love the diversity of its products. Everybody knows that this is a volatile market. However, the flexibility gives it more viability than some competitors. It grows in popularity and exploded onto the market last year. The future is bright for WOO.
This crypto sees itself in the same category as Ethereum. That’s a bold claim because it has some way to go before it’s on the same spectrum. However, Avalanche has exploded in recent months because of its similarity. It’s also a lot cheaper than Ethereum now.
That’s a significant reason why crypto fans are watching it carefully. One of the main benefits of AVAX is the way it makes transactions happen almost instantly. Meanwhile, customers buy coins and make transactions on the ACAX network (via Investopedia).
If anything sums up the power of the Internet, it’s Dogecoin. This crypto began life as a joke after a popular meme inspired its creation. However, these days it continues to blossom as a tradable currency. That’s the world we live in right now (via Wall Street Journal).
Dogecoin exploded because many people jumped on board the joke. Nonetheless, it retains a diehard community of supporters. They use it in conjunction with social media content and trade coins for a profit. This is volatile crypto but it soared in 2021.
Here is another crypto that continues to grow in popularity. It offers many benefits including low fees and an established user base. Meanwhile, they also have a wide range of coins and allow buyers to earn interest. This is appealing because it means more money.
Furthermore, KCS has superb customer service. Communication is crucial to building trust between the brand and its buyers. That’s why this is something that KuCoin places a strong emphasis on. There are also advanced trading features, making this a serious product (via Fool).
Gamers love WEMIX because of the way it makes trading easier. WEMIX coin is a growing crypto that provides users with wallets. It acts as a marketplace for digital assets. This is crucial for gamers because of the range of products that they trade online.
Meanwhile, WEMIX coin is the brand’s token. Buying and selling this coin is a simple process. It’s going to be fascinating to watch cyber currencies fluctuate in the future. After all, gaming is such a powerful medium in the modern world (via Financial Economy).
BORA is another DApp platform for the entertainment industry. It’s all about trading digital content such as video games. It depends on the BORA coin, the platform’s token. BORA exploded in popularity because this is a key market for cryptocurrencies.
Another benefit is that it is a lot cheaper than rival products. That’s why many investors are keeping an eye on it. Crypto is very volatile and it’s important to jump on board at the right time. BORA has a strong foundation and that’s why it’s growing rapidly (via Market Beat).
This is attractive crypto because it offers a wide range of products. Firstly, it has a dual token system that allows for more flexibility than many rivals. There is something for everybody with this model. Another benefit is the availability of NFT(via Morioh).
Phantasma also focuses on visibility because they want to build trust. They help users to access digital goods and services. These include areas including entertainment and the marketplace. In short, they have a hand in many different areas.
These days, digital real estate is extremely profitable. Decentraland took note of this and wants to be a major player. That’s why they’ve created a shared virtual world to help make this sustainable. They also work as part of the Ethereum network (via Kraken).
They have two tokens: MANA and LAND. The former allows users to buy the latter as well as other items in this digital utopia. Meanwhile, users trade and interact by playing games. It’s an incredible concept and one that could shake up life as we know it.
RenderToken wants to connect artists with miners online. This network uses the Ethereum blockchain to help people looking to perform render jobs with those who have idle GPUs. It’s a win-win scenario for everybody involved (via Morioh).
They recognize that mining is inefficient today but they want to change this. It’s a viable idea that already attracts millions of users across the world. Everybody wants to turn a profit and that’s why Render Token exploded in 2021.
Humanscape also operates on the Ethereum platform. Its main focus is the health sector because it wants to solve incurable diseases. This is a noble cause and one that most investors appreciate. Furthermore, it makes it crypto with a tangible benefit (via Coin Check-Up).
The blockchain gathers data from patients to help find information about rare diseases. It collects the information to allow opportunities for drug development. Meanwhile, patients can keep track of their treatments and medical records.
Harmony received a massive amount of traction in 2021. One of the main problems of cryptocurrencies is their inability to balance decentralization with scalability. It’s a serious problem that causes many of them to plateau or plummets when they can’t grow any further.
However, Harmony thinks that it has the solution. It acts as a bridge between the two. There is a clear necessity for this type of approach if online platforms want to bloom. That’s why Harmony exploded because fans buy into this (via Coin Telegraph).
Cryptocurrencies recognize that people love food. That’s why there is a flood of food tokens on the market. One of these is BakeryToken or BAKE. Buyers receive trading fees in exchange for liquidity. That’s how everybody makes money and stays happy.
The bakery theme continues as users buy different products. Choose from waffles, rolls and other tasty treats with different ROI potential. It’s completely up to the buyer which they choose. Of course, with more risk comes more reward; assuming it pays off (via Binance).
Governance tokens are all about accountability. They help users to ensure that they have a voice in a decentralized environment. This helps build trust as well as a sense of community. RARI is one of the best at achieving this balance (via Tech Story).
This is an Ethereum token that powers lending and borrowing. RGT has safeguards with maximum limits for their users’ security. RARI saw massive growth in the last 12 months because of its trust factor. This is definitely one to keep an eye on.
Nobody likes expensive trading fees. That’s where Telcoin comes in. This crypto sends remittance payments across the world. But it makes a concerted effort to do so at the cheapest and quickest rate. That’s why it exploded in 2021 (via Coinspeaker).
Places like Somalia and EL Salvador suffer from massive remittance payments. However, Telcoin is here to help make massive transactions more viable. It works on the reliable Ethereum blockchain. Instead of using validators it has a proof of concept model for these exchanges.
There’s a reason why Bitcoin is the most famous cryptocurrency today. Kadena seeks to emulate the Bitcoin model but with its own character. They want to create a similar public blockchain with the same level of security as Bitcoin.
However, they also aim to improve on flaws in the Ethereum and Bitcoin systems. It’s a bold ambition because everybody wants to achieve this. Nonethless, Kadena is growing rapidly in popularity and saw expontential increases over the past year (via Messari).
Fantom rocketed in August 2021 during a season when many cryptos saw growth. However, it was one of the biggest winners. This blockchain runs smart contracts that help create NFTs. They’re also key in making dApps for DeFi platforms.
Another pro is that Fantom is very cheap and easy to buy. That’s why it’s a gateway crypto for many new buyers. Many canny investors also have their eye on it because of the recent rises. While it has stiff competition, it’s doing very well (via Fool).
Flux only emerged at the end of 2021. However, it quickly saw rapid growth. That’s no surprise because it came at the right time. Furthermore, it offers a clean and effective product with a lot of upside. Flux allows users to manage, build, and create on multiple servers simultaneously.
Developers aim for Flux to become the leading cloud infrastructure provider. They want it to be a viable decentralized alternative to Google Cloud and other options. It’s a bold ambition but one that they feel they can achieve. We’re living in a whole new world (via Arover).
Cryptocurrencies are infamously volatile. Some readers may protest this, but it’s undeniable. However, this truth has given rise to a new form of crypto called stablecoins. Terra is a shining example of this because its much more reliable than standard cryptocurrencies (via Decrypt).
Meanwhile, Terra uses its own coin, LUNA, and pegs it to the U.S. dollar. In theory, this creates more stability than conventional cryptocurrencies. Users mint and burn LUNA to keep it viable. LUNA benefits from its elasticity but that’s also where the risk comes from.
Polygon is a highly ambitious project that effectively uses and exploits the Ethereum system. The original use was to make Ethereum transactions much quicker. Polygon also claims that it is more secure than Ethereum. Furthermore, it’s cheaper than the more famous alternative.
Many large blockchains have scalability issues (via Zipmex). That’s where Polygon hopes to shakes things up. They want to reduce the cost while running their own coin, MATIC. It’s a bold concept and one that has exploded in recent months.
Solana is yet another new crypto with the aim of achieving high transaction speeds while maintaining decentralization. This is a highly competitive market so it’s difficult for these different cryptocurrencies to stand out. However, Solana continues to grow in popularity.
The Degenerate Ape NFT craze gave it a massive boost. That occurred in summer 2021 and it continues to ride that wave. Solana is similar to Ethereum because it’s a crypto but also a platform for apps. Finally, Solana is much faster at processing payments than Ethereum (via coinbase).
The Sandbox is a metaverse of cryptocurrencies that makes for a fun and interactive environment. It offers users a wide range of services and options including NFT creation as well as game making. However, they don’t require coding experience, unlike other similar concepts.
That’s one reason why The Sandbox exploded last year because it’s so accessible. Other metaverse projects aren’t as user-friendly. Meanwhile, users can buy and sell SAND to make a profit. It’s an innovative system with its own niche (via Coin Central).
Axie Infinity is another metaverse but it has a very different model. This crypto world is similar to Pokemon with a slight twist. Users collects creatures called Axies and use these to drive the consequences of the system. Different levels of Axies are available at a wide range of price points.
Obviously, the more expensive Axies offer more benefits. Users must buy three before they can start their journey in the game’s metaverse. These range from $30 to over $1000 so it’s staggeringly different. Furthermore, it’s a leader in the world of NFTs (via Investopedia).
This is another of the Ethereum network’s most popular cryptocurrencies. It regularly sees massive jumps in growth because of its speed and efficiency. Furthermore, it operates a range of safeguards that protect its users from hackers and other online threats.
A range of countries also supports XYO. This globality gives it a sense of prestige and makes it more appealing to investors. No wonder XYO exploded in 2021 because it is trying to bring cryptocurrencies into the mainstream. Only time will tell where this journey will go (via Republic World).
The purpose of Anyswap is to facilitate the trading of tokens across different platforms. They claim that 95% of cryptocurrencies use their system, including some on this list. Furthermore, it uses an open source model to maximise security (via Coin Market Gap).
This enables token holders to discover which coins are most suitable for the Anyswap network. These days, it’s one of the most popular crypto exchanges out there. It’s gaining a lot of traction because of its cross-compatibility.
CEEK VR is a fantastic crypto that connects digital creators with their fans. These include sports athletes as well as music artists. It brings them all together in a virtual world. The bright side of this is that it creates a sense of community while helping to make a profit.
Meanwhile, they sell a patented VR set. It’s a unique way for these personalities to connect with their supporters. Fans buy into this model because they are constantly looking for new ways to grow closer to their idols. This one is here to stay (via Financial Economy).
This gaming platform enables users to earn GALA tokens through milestone achievements. Currently, it exists on the Ethereum network but they plan to go solo eventually. Meanwhile, they continue to release games that appeal to their target market (via Fool).
Furthermore, Gala Games has its own NFT collection. VOX is also growing in popularity and increasing the company’s revenue streams. GALA saw rapid growth in the last quarter but remains an attractive crypto for potential buyers.