Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

DailyCoin’s Top 5 New Crypto Projects of 2021

Cryptocurrency Dec 31, 2021 01:30PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
DailyCoin’s Top 5 New Crypto Projects of 2021

2021 was a huge year for cryptocurrency – the total market capitalization of the industry reached $3 billion in November, and roughly 300 million people own digital assets with over 18,000 businesses now accepting payment in crypto. Blockchain is growing at a rapid speed, and thus new projects are emerging. DailyCoin has chosen the top 5 projects that showed up this year and took the crypto market by storm.

#5 My Neighbor Alice The initial launch date for blockchain builder game ‘My Neighbor Alice’ is 2022, yet it already has many supporters who are impatiently waiting for the game to come out, including more than 150K followers on Twitter!

My Neighbor Alice received a metaverse grant of $80 million and has already made successful NFT sales. The game is based on the Chromia blockchain and is a part of The Sandbox’s metaverse. In My Neighbor Alice, players will be able to purchase virtual islands, collect unique items, and meet other player avatars, all while enjoying the perks of the play-to-earn model.

At the time of writing, the ALICE token has a market cap of $371 million and is trading at $12.15.

#4 Illuvium Illuvium is a blockchain-based fantasy battle game, inhabited by creatures named ‘Illuvials.’ The game features a 3D environment and is a combination of an open-world exploration game and a PVP minion battle game. Other unique traits include Layer-2 Integration, The IlluviDEX, (a built-in decentralized exchange platform), and the Yield Farming program.

Like My Neighbor Alice, Illuvium hasn’t launched yet but it is expected to be available in the first quarter of 2022. On Twitter (NYSE:TWTR), the game has over 200K supporters; the market cap of ILV token has reached $714 million, and its current price is $1113.70 as of this writing.

#3 Flow Flow’s ecosystem features a fast, decentralized, developer-friendly blockchain, and metaverse known as the ‘Flowverse.’ The blockchain hosts a range of NFT projects, one of which is CryptoKitties, a collection of digital cats, and the world’s first ERC-721 token.

FLOW coin was exceptionally volatile during its first year of existence, spiking in the first half of 2021, though it experienced its lowest point of $6.67 at the end of June before recovering once more. FLOW is currently trading at $8,37 with a $2.6 billion market cap. Flow is also the 4th largest blockchain by NFT sales volume.

#2 Internet Computer Internet Computer was launched on May 10th, 2021, and is part of the DFINITY Foundation. The Layer 1 solution’s powerful, general-purpose blockchain has an unlimited environment for smart contracts, boasting that it is completely decentralized and provides infinite scalability for dApps. According to the DFINITY webpage, Internet Computer runs at high speeds and significantly reduces computation costs.

The ICP token enjoyed a great start to its lifecycle, recording a price of $460 in May 2021, yet the coin’s value has since dropped to 23,08$, as of this writing. The coin still ranks highly, and ICP is 39th in rankings by CoinMarketCap.

#1 Bored Ape Yacht Club Bored Ape Yacht Club (BAYC) is a collection of 10,000 unique NFT apes based on the Ethereum blockchain. The avatars are generated randomly and have over 170 unique traits, with some being rarer than others.

BAYC has achieved astonishing results in only a few months since its release in September 2021. In October, the project reached $542 million raised in sales, and the company is planning to launch a native token in the first quarter of 2022.

BAYC milestone: a rare Bored Ape NFT sold at auction for a record $3.4 million.

Why You Should Care?

The range of successful projects released only this year shows just how much potential they, and indeed the entire crypto market has, and they will only grow in the upcoming year.

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7] You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

DailyCoin’s Top 5 New Crypto Projects of 2021
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email