Jon Erlichman from Bloomberg servers shared the list of 10 altcoin projects that will become profit kings in 2021.
Shiba Inu, the decentralized cryptocurrency created by Ryoshi, is at the top of the list. The Shiba Inu (SHIB) also showed a significant price increase as its volume increased.
Next up are explosive altcoin projects Solana and Terra. The Shiba Inu are the top earners nationwide this year, ahead of Solana and Terra in second and third places, respectively. The meme crypto has gained over 70 million percent to date, much higher than the 12,000+ and 7,000+ percent earned by Solana and Terra respectively. The next rows went like this:
The surprise player is XRP, which has risen 400 percent this year despite engaging in a court battle with the SEC that doesn't seem to end anytime soon.
Since Ethereum is the king of altcoin projects, the success of all other projects is measured against it. Cardano on Friday surpassed Ethereum in daily trading volume, which was a huge success for the project led by Charles Hoskinson.
Finally, Ethereum currently has a market cap of just over half a trillion at $4,329, making it bigger than JPMorgan, VISA and Walmart.