What five cryptocurrencies will explode in the second half of 2021? Cryptocurrency speculators look for big opportunities, especially after Bitcoin grew from $0.0008 in January 2010 to over $60,000 in April 2021. The market’s expansion has created excitement and opportunity. Investors are eager to find the next big growth.

A meme cryptocurrency also grew 12,000%. A $1,000 investment in January 2021 would have turned into over $120,000 by April, when it reached an all-time high.

In this post, I will discuss five cryptocurrencies likely to explode in the second half of 2021.

Bitcoin

The king of Cryptocurrencies still has room for price explosion in the second half of the year. As it is very visible, the price of altcoins sways with Bitcoin, I.e., prices of altcoins go up if Bitcoin price is on the increase.

Various cryptocurrency enthusiasts have speculated about the price of Bitcoin hitting a million dollars. That might sound too preposterous, but nothing is impossible in the world of cryptocurrencies.

Although Bitcoin price is presently experiencing a downtrend at $33,546.72 as at the time of writing, it is believed that Bitcoin price will likely touch an all-time high of $100,000 – $250,000 in the second half of 2021. Therefore, you should keep an eye on the king of coins.

Shiba Inu

Shiba Inu is a cryptocurrency that rode on the back of Dogecoin to stardom. Themed as ‘the Dogecoin killer,’ Shiba Inu’s creators hope to make the coin more than a meme coin by creating the Shiba ecosystem, which is hoped to drive the price of Shiba Inu up as it finds more uses and acceptance in the cryptocurrency community.

Like Dogecoin, Shiba has a strong community dubbed ‘ShibArmy,’ which continues to promote the Shiba coin hoping that Shiba will experience unprecedented price surges (just like Doge has experienced) from its current price of $0.00000825 to sell at $0.1. Although most sites that predict Shibu Inu prices do not forecast this to happen in 2021, it is hopeful that Shiba will experience a massive upward price move to sell at 0.00008 as it continues to gain support from Elon Musk, and a strong team of ShibArmy, giving Shiba Inu the needed social media hype.

The Shiba team is working hard to prove that Shiba is more than just a meme cryptocurrency. They are establishing ShibaSwap and developing the Shiba ecosystem. However, Shiba still relies heavily on social media hype. This was evident when Elon Musk tweeted about naming his Shiba pet Floki.

Social media plays a big role in the cryptocurrency market boom. Buzz on platforms can drive massive interest and price surges for coins like Shiba Inu.

Ripple (XRP)

Ripple has weathered legal storms and emerged stronger, with its price jumping from $0.29 to $0.64. Its strong demand as a cross-border payment solution and strategic partnerships with Santander, Itau Unibanco, and other global financial institutions make Ripple a likely candidate for a price surge before the end of 2021. This fits into the broader cryptocurrency market growth surge, pushing Ripple and other cryptocurrencies to new heights.

Despite major crashes, many cryptocurrency enthusiasts predict Ripple could hit $5 by the end of 2021. If the market recovers, it could surpass $10. With a market cap nearing $30 billion, Ripple is well-positioned to recover from its price crash, caused by the SEC’s lawsuit over the sale of unregistered digital securities.

Binance Coin (BNB)

If you have missed out on Ethereum, you shouldn’t miss out on the Binance coin. The Binance coin launched at $0.15 in 2017, recorded an ATH of $686.31 on May 10, 2021, before drawing back to $283.39 at the time of writing.

There’s a strong indication that BNB will explode, hitting above the $1000 benchmark before the end of 2021 based on increased demand for BNB. Like Ethereum, Binance serves as a platform for DeFi projects, thus creating a strong demand for Binance Smart Chain (a variant of BNB that powers the Binance Blockchain ecosystem).

Additionally, the Binance ecosystem is being widened as the DeFi community has taken to the Binance blockchain to develop various DeFi projects. Other uses likely to drive the price of BNB up include liquidity pools, NFT payment, and DEX trading.

PolkaDot (DOT)

Polkadot was created as an improvement of the Ethereum Network when some of Ethereum’s founders broke away. Although the coin is relatively new, it has seen increased adoption due to its flexible blockchain technology, making it compatible with other blockchain networks.

Polkadot’s parachains are a key selling point. These connected blockchains run in parallel, reducing the chance of network overload and speeding up transactions.

At $14.94, Polkadot is seeing increased demand. Cryptocurrency speculators are hopeful, expecting the price to rise above $61 by the end of 2021. This is a conservative prediction, with some speculating a surge to over $500.

Bonus: Pi Coin

The Pi coin currently holds no value since it is still in the test net. However, speculation suggests it could launch at a price between $1 and $100. Its large holder base (over 10 million), Pi utilities ecosystem, and developer platform are expected to drive significant growth. This potential growth is part of the cryptocurrency market expansion boom, fueling interest in emerging coins like Pi.

Social media hype will also play a key role in driving Pi’s price higher. However, such price increases may not be sustainable without real-world applications. Speculators are optimistic, with some considering Pi the next Bitcoin before it even launches.

Conclusion

Here are five cryptocurrencies that could explode in the second half of 2021. While this list is not exhaustive, these five coins are likely to see price surges due to their use cases, ecosystems, and community support.

Note: When investing in cryptocurrencies, use spare cash. The market thrives on speculation, which fuels its rapid growth. This speculative nature attracts both seasoned investors and newcomers seeking high returns.