From a humble starting point, the digital currency has exploded in value. Bitcoin, the most popular digital currency in the world, now has a market cap of $1 trillion. Since 2012, Bitcoin has received more than 193,000% in value and has increased the launch of varied types of digital currencies. With that context, among all the cryptocurrency startup ideas, here is a list of the best cryptocurrency startups 2021 that should be considered in 2021 and beyond.
Mt. Gox was the first big Bitcoin exchange that ever existed and was widely popular while it was active. It dominated the digital currency market for a long time and was the most credible place people could trust to get their hand on Bitcoin. But sadly that was closed in 2015. But that did not stop the journey of cryptocurrency.
Top 10 Cryptocurrency Startups Around The Globe
The top cryptocurrency space has always focused on popular cryptos like Ethereum, Bitcoin, Litecoin, etc. But people also want to initiate small and work their way up to the top. To accomplish that, they need to look for an emerging blockchain or the latest crypto which offers promising figures in the prevailing market graphs. Having said that here is a list of the top 10 cryptocurrency startups 2021 that you can look forward to.
Bitpanda is a digital currency exchange platform that operates with Bitcoin, Ethereum, and other major digital currencies along with stocks and gold. It is considered as one of the most valuable startups that are based in Europe and have successfully raised over $170 million in cryptocurrency startup funding. The company presently functions in France, Austria, Italy, Turkey, Poland, and Spain. It is varied from other digital currency exchanges as it also deals with gold and stocks.
It is a cryptocurrency startup that offers digital verification technology. Netki has raised over $3.5 million so far in 2 rounds of funding that is conducted by investors like O’Reilly AlphaTech Ventures. This company aims to be the leading operator of tools that will allow currencies that are blockchain-based like Bitcoin to extend their reach around the globe. The products that are marketed by the company follow the anti-money laundering rules given out by international bodies.
Spring Labs is a company that is constructing a platform that will allow major financial institutions to share information between themselves securely without revealing user identities. The company has so far received more than $68 million in funding over 3 rounds, with the latest funding of $30 million.
It is a financial technology company that offers cross border peer to peer payments. This cryptocurrency startup has so far successfully raised over $152 million in funding. Fintech is one of the rapidly evolving business segments in Africa and Chipper Cash is already providing service to the customers in various African states that include Uganda, Ghana, Rwanda, etc. This firm plans to expand in the United Kingdom as well.
CoinSwitch Kuber is a cryptocurrency startup in India. This is a digital currency exchange that facilitates crypto transactions in India. In April 2021, this company successfully raised $25 million in funding. With the latest funding received by this company, this company is currently valued at over $500 million. Before this, this digital currency exchange had raised funds from Paradigm, which is an investment firm that was founded by Fred Ehrsam, one of the founders of Coinbase.
Step Hero $HERO
Step Hero is a digital coin that has printed its market presence recently and it is the youngest digital currency on the list. Hero is an RPG Game that has formulated cryptocurrency, but it is not necessarily an NFT game. As its blockchain, it uses Binance coins and is the best startup cryptocurrency to buy.
Banana Coin $BANANA
The banana coin is a project that has been initiated to provide aid to Laos’ banana plantation and is also based on the blockchain of Binance coins. The coin’s value is protected by the banana’s price per kilo in the market. It is presently the second based coin in the cryptocurrency startup arena.
Republic of Dogs $ROD
The Republic of Dogs is the latest digital currency that was launched on August 13, 2021, emerging a new line of those that are bordered on “dogs” as the branding of their digital currency. It is based on the blockchain of Binance coins and is predicted to be the fastest growing coin among the latest cryptos.
Beer Inu $BEER
Beer Inu avails the Ethereum blockchain and is presently the fourth digital currency in the list of cryptocurrency top releases. It was released on August 12, 2021, and it has been adjoining the fame of the alcoholic beverage and the dog, “Shiba Inu”.
It is a cryptocurrency startup 2020. It enables the working of advertising transactions on the blockchain. This project is aided by a team that has been working together since 2011 as developers at Facebook. There are presently 4,000,000 users of their app.
According to a report, the global cryptocurrency and blockchain market is predicted to attain USD 23.3 billion by 2023, growing at an impressive CAGR of 80.2% by the end of 2023. So on the basis of that report and analysis here is a list of the top 10 cryptocurrency startups that are contributing towards its growth.
Frequently Asked Questions On Cryptocurrency Startups
Bitpanda is a digital currency exchange platform that operates with Bitcoin, Ethereum, and other major digital currencies along with stocks and gold. It is considered as one of the most valuable startups that are based from Europe and have successfully raised over $170 million.
To purchase digital currencies, you’ll require a “wallet,” an online application that can keep your currency. Generally, you build an account on a crypto exchange, and then you can transfer fiat currency to purchase digital currencies.
You can begin a new digital currency by formulating a completely new blockchain with a coin or by forking an existing one and building a token. There are many tutorials online about how to become a digital currency builder, though all of them need at least basic coding skills and an in-depth evaluating capability of blockchain.