Best cryptocurrencies in 2021? Fantom (FTM), Theta (THETA), FTX (FTT) show strong growth
The crypto markets are seeing strong capital inflows. Many investors are currently wondering: What are the best cryptocurrencies? Which new cryptocurrencies have potential in 2021? In addition to Solana (SOL, here for our forecast ), the following three Altcoins in particular are currently experiencing massive increases: Fantom (FTM, here for our price forecast ), Theta (THETA, here for our price forecast ) and FTX Token (FTT).
Fantom sets new all-time high
Fantom (FTM) already saw a strong rally yesterday (we reported, this is also our Fantom forecast). Since then, the scalable DAG-based smart contract platform (directed acyclic graph) has continued to grow: Fantom has grown by 27% in the last 24 hours and has even reached a new all-time high. This is currently at $ 1.69. Right now, FTM is slightly below $ 1.68 after a minor correction. The cryptocurrency has not yet met resistance - experts therefore believe that further gains are likely in the short term.
Theta is gaining more than 35%
The crypto currency Theta (THETA) is also on a massive run after its outbreak: The blockchain network specially developed for video streaming has shot up more than 35%, as top trader SmartContracter writes to its more than 162,000 followers:
Yesterday THETA was still quoted at 7.80 dollars, then the THETA bulls began to rise: first the streaming protocol rose to 8.50 dollars, then in a second attempt to 9.47. It finally moved up to $ 9.68 early this morning, the new local high.
However, THETA is still more than 41% below the previous all-time high of $ 15.90, which was set on April 16. If the return to the highs is successful, it might be worthwhile to start now.
FTX (FTT)
The third coin with enormous bull support is currently FTT, the token of the crypto exchange FTX. FTT has also just hit a new all-time high ($ 83.41). Since then, the FTX token has withdrawn nearly 5%. FTT is currently trading at $ 79.41 again - an overall increase of 14.33% in the last 24 hours.
The FTT all-time high follows the start of an NFT marketplace on the FTX crypto exchange. Here investors can now trade NFTs between Solana and Ethereum. The launch of the portal caused quite a stir after users submitted thousands of fish-picture NFTs. That was possible because of the low fees. But FTX knew what to do: the fee was initially increased to $ 500, then decreased to $ 10. The first test NFT from FTX founder Sam Bankman-Fried was sold for a proud $ 270,000:
The prospect of being able to mint NFTs for little money on a large exchange is likely to have attracted numerous new investors to FTX - and will continue to attract them in the future.