It was almost one year ago that the current bull cycle on the crypto market started when Bitcoin managed to break free from the resistance at 10,000 dollars and was also able to overcome the all-time high from the 2016/2017 bull cycle at around 20,000 dollars not long after. In the meantime, Bitcoin is trading at more than $60,000 and has therefore risen by $50,000 or 500 percent within one year.
Those are impressive numbers that have made buying Bitcoin a great investment and to a large extent dwarf the returns on buying stocks, for instance. However, the 2020/2021 bull market has witnessed even far crazier price explosions in altcoins. This is a good time to take a look at which cryptocurrencies are truly the best investments (so far) in this bull cycle. Here’s an overview of the top 10 and what else to expect from them in the future.
Investors buying ONE (Harmony) are also some of the big winners in this bull market. Almost 8,000 percent has been gained by the altcoin price within a year and at the time of publication it is trading at around $0.3003. But in contrast to CAKE, ONE reached its all-time high only two days ago and is currently only 5 percent below this record.
Boasting a market capitalization of around $3.86 billion, ONE/USD is ranked 47th in the crypto rankings and has conquered the top 50.
The experts at Wallet Investor foresee the altcoin climbing to more than $1 per token in the next 5 years. That would represent an increase of more than 200 percent, which falls well short of analysts’ expectations for CAKE/USD.