Cryptocurrency

August 13, 2021

Updated:

April 30, 2024

Crypto Trends to Follow Next Year

When we talk about the cryptocurrency market, we should also focus on the best crypto trends that take place each year.

6116186955c7c6b2eafc42b7 pexels rodnae productions 8369770

When we talk about the cryptocurrency market, we should also focus on the best crypto trends that take place each year. Every new year there are different crypto trends to follow and that we should definitely pay close attention to. 

A few years ago, we had the trend of privacy coins, then exchange coins, then DeFi coins, and so on. Understanding which is going to be the next trend is difficult. However, we are able to enter the market at the early stages of the following crypto trend. 

Disclaimer: the information shared by AltSignals and its writers should not be considered financial advice. This is for educational purposes only. We are not responsible for any investment decision you make after reading this post. Never invest more than what you are able to lose. Always contact your professional. financial advisor.

Crypto Trends to Follow Next Year

There were and there will be different cryptocurrency trends to follow in the future. Understanding which will be a future trend is something difficult to do. The following are just some examples of how different crypto trends have developed over the last few years. 

You would find these trends useful to understand which future crypto trends to follow you can trade. At the same time, if you enter these trends relatively early, you would be able to generate profits if the market confirms the bullish momentum. 

Exchange Tokens

One of the trends that we have seen was the one related to exchange tokens. Exchange tokens make reference to tokens that are native to crypto exchanges such as Binance Coin (BNB) or KuCoin Shares (KCS). 

This trend appeared in 2018 and kept in 2019. Having a part of your portfolio in exchange tokens could have been a good idea. Nowadays, Binance Coin and KuCoin Shares, among others, are recognized currencies among the top 100. 

Exchange tokens and their expansion have also been linked to the success of the underlying platform. Although not all the coins have succeeded as Binance Coin, they have been profitable for a long period of time. 

DeFi Tokens

Decentralized Finance (DeFi) tokens have also been another trend in the cryptocurrency market. These tokens were created by DeFi platforms and investing in them early could have been a very positive thing for portfolio diversification. 

Coins such as Uniswap (UNI) or PancakeSwap (CAKE), have expanded at very fast rates and reached massively high market valuations. Although there have been new coins created by DeFi platforms, entering in the early days of the space could have been a game-changer for many investors. 

Nowadays, these are established tokens and they could continue growing as new users enter the DeFi market. Understanding future trends and investing in them early is key to success. 

Privacy Coins

Privacy coins, as the name suggests, are those virtual currencies that aim at protecting users’ privacy when they send or receive transfers. Privacy coins became very useful a few years ago and they played a very important role in the cryptocurrency market. 

Monero (XMR), ZCash (ZEC), Bitcoin Private (BTCP), PVIX and many other coins became very popular for several months. Nonetheless, not all of them expanded and remained at the top of the market. Only a few of them were able to keep until today as useful privacy tokens. Monero is one of these coins.

Network Tokens

Network tokens make reference to coins that are linked to blockchain networks. For example, we can think of Ethereum (ETH), NEO, Cardano (ADA), and recently Binance Coin (BNB), among others. 

Some other coins were Tron (TRX) and EOS. Although some of them reached massively high prices, then they fell and lost their position in the market. It is also very important to know when to leave the market before it is too late.

Despite that, most of these network virtual currencies are still among the largest in the world. Few networks have fallen and disappeared from the top 100. The most prominent ones remain active. 

Other Possibilities

There are many other possibilities. As we have seen in these examples, it is very important to enter early and leave the market as soon as the trend matures to avoid losses. Another trend has been one related to gaming tokens such as TETHA (TETHA) and Verasity (VRA). Both of these coins massively surged. 

Understanding which will be future trends is definitely important if we want to generate income and make a profitable investment. In the coming years, there could be many other trends that would allow us to get exposure to virtual currencies. 

AltSignals Team

Proficient authors guiding you with transparency, integrity and education through the finance international markets

The AltSignals writing team consists of experts dedicated to the world of finance and technology, with a particular focus on cryptocurrencies and forex. Our writers bring a broad range of knowledge and experience, cultivated through years of arduous and direct involvement in financial markets, as well as intense technological collaboration.

Editorial approach

At AltSignals, we believe that transparency and education are the key to empowering our readers. Therefore, our content is meticulously researched to ensure its accuracy and thoroughness. Each of our articles is created with the aim of providing educational insights and in-depth analysis, helping both beginners and experienced traders.

Commitment to quality

Integrity is certainly the foundation of our editorial process. The team follows rigorous journalistic standards with careful review, all to ensure that each publication is meticulously researched and exceeds our readers’ expectations.

Our mission is to provide analysis that informs as well as guides users and enthusiasts through the complexities of the cryptocurrency and forex markets. In line with our motto of “quality over quantity”, we guarantee that only the highest quality trading signals are published.

In addition to our commitment, which extends beyond the simple transmission of useful information, our in-depth analysis focuses on profitability and effectiveness squarely, avoiding the common industry habit of prioritizing profit over accuracy. Our traders are strategic experts who offer personalized help to those seeking worthwhile portfolio management tactics.

Diverse knowledge

Our authors are proficient in a variety of topics across the financial spectrum, from emerging trends in blockchain to the nuances of forex trading. This diverse range of knowledge allows the team to cover several topics, ensuring our content is always comprehensive and deeply specialized.

Interactivity and support

We understand that the world of trading can be complex for many. Therefore, alongside producing informative articles, our team is also committed to interacting with the community. Through comment sections, forums and direct support, we encourage our readers to seek clarification and sharpen their understanding, promoting an environment of continuous learning.

Future vision

Looking to the future, the AltSignals writing team is imbued with a vision that transcends regular publishing, and continues to dedicate itself to discovering and reporting on the latest innovations and trends available in the market. We are constantly seeking to improve our skills and expand our knowledge, with the ultimate goal of being a reliable and respected source in digital financial journalism.

There is great commitment to discovering and reporting not only the latest news and trends in the market, but also to equipping our readers with the tools they need to navigate volatile markets with confidence. We firmly believe that, with the support of an appropriate platform coupled with accurate guidance, our readers and traders can turn market volatility into a competitive advantage.

Join us

Follow AltSignals to stay up to date with the latest developments in the world of finance and technology, and explore how our insights can help improve your trading strategies. The AltSignals team is here to guide you through the exciting, dynamic and challenging world of financial markets.

Latest posts by AltSignals Team

Latest posts from the category Cryptocurrency