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3 Coins Likely to Explode During the Next Bull Run

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Despite the fact that the crypto market currently doesn’t look too encouraging, those who are familiar with crypto trends know that situation can quickly turn around at any time and we get a bull run. While it seems impossible now, a new bull run will arrive eventually. Because of that, investors need to know what are their best choices, as opportunities like that do not come as often as we would like.

One major question is whether to invest in coins with low prices or in coins with the low market cap. A lot of people would agree that low-priced coins are better since you can buy more of them for the same amount of money. However, this assumption is wrong.

The reason for this is simple. Let’s say that there are two coins, one with a price of $0.50 and a market cap of $100 million, while the other one has a price of $2 and a market cap of $5 million. If there is $1 in demand, the coin with a market cap of $100 million will now have $101 million. On the other hand, the coin with a market cap of $5 million will see an increase to $6 million.

The low-cap coin has just had its market cap grow by 20%, and the same is expected to happen to its price. The other coin will grow by barely 2%, which is almost no change at all when compared to the smaller one.

Of course, it is not as simple as that, and targeting the coin with the smallest market cap will likely get you nowhere unless the coin gets a proper amount of attention. Because of that, we will now check out our top three picks for coins worthy of investment that have a significantly smaller market cap the best-known cryptos.

1. Mithril (MITH)

Mithril is a decentralized project that is tightly connected with social media. It was developed on Ethereum’s network, with a goal to revolutionize the way we use social media, and how it impacts our lives. Considering how much time people spend on social media, this coin is a project that will likely do great once more people start accepting cryptos.

The point is simple — the more someone contributes to a certain social media in terms of content, the more MITH they get as a reward. This is social mining, which is a fun way of making a profit. Since most people would post that content anyway, earning MITH will not require a lot of effort, only time and dedication.

The coin’s performance in the market of 2018 looks rather promising, all things considered, and its current price is $0.133692, while its market cap is at $51.9 million.

Social media has changed our behavior and view of the world forever. Younger investors grew up relying on them, and they are the ones that will benefit the most from this coin.

2. Decentraland (MANA)

Decentraland is another coin that will undoubtedly go big in time simply due to what it offers. This is a coin with strong ties to the gaming industry, which focuses on the creation of a virtual world based on Ethereum’s blockchain. However, potential uses of this virtual world exceed gaming by far, since Decentraland will literally be a place where virtual land can be bought and used for various purposes.

This can include the creation of entirely new projects and games, purchase and sale of digital land, and the creation of entire virtual cities where developers can base their activities. The project encourages diversity and all ideas are welcome, which is why it is expected to grow extremely big in time.

Decentraland also has a low market cap of only $61.6 million, and a price of $0.058691 per coin. However, this is a coin that will definitely grow in long-term, since it will be the main currency of the entire project.

3. Wanchain (WAN)

Finally, our third choice is Wanchain. This is a coin that aims to create an interoperable blockchain banking system that can be used for cryptocurrencies but will offer all the same features that can be found in regular banks. Wanchain is a young project that has a lot of work to do still, however, it already proved to be capable when it comes to interoperability, and it is a project that can connect numerous blockchains in a single large network.

While each blockchain is a marvel by its very nature, connecting them in a new network is the next big step in their evolution. Each blockchain is making progress on its own, although they often take different paths. By connecting them to a single network, all possibilities become instantly available to everyone, which is why this project is so valued.

However, as mentioned, WAN is still a young coin, and it has a market cap of $47.7 million at the time of writing. Its price is also very low, with only $0.450206 per coin. For a lot of investors, this is the right time to buy this coin, since a bull run can easily help it reach entirely new heights, and make it hard to obtain a large amount of something that is likely one of the top coins of the future.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

Why Binance May Be Crucial for Tron (Trx) to Reach $1

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TRON (TRX) has been one of the most popular crypto projects in the past year. The coin has received a lot of attention from the entire crypto community, and although the impressions may differ —  the fact is that TRX is one of the most talked-about coins, even today.

However, while the project managed to achieve a lot in less than a year — launch its MainNet, start multiple massive projects, launch dozens of dApps, hundreds of smart contracts, its own DEX, new token, and more — its price remains quite low. Undoubtedly, one of the reasons for this is its massive supply. TRX circulating supply is over 66 billion coins, while the total supply is over 99 billion.

Even so, the coin is believed to be massively undervalued, with its current price sitting at $0.028129, according to TradingView. This price, together with a market cap of $1.88 billion, pushed the coin out of the list of top 10 largest cryptocurrencies, and it currently sits at 11th spot. But, many believe that this is not a permanent position for TRON. In fact, its community believes that it is only a matter of time before TRON rises through the ranks, and its price hits $1. And, the way for the coin to achieve this is believed to be through Binance.

TRON and Binance

Binance is one of the world’s…

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Why Tron (TRX) Price Won’t Remain Low for Long

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TRON (TRX) has been one of the most popular cryptocurrencies in recent years. The project has achieved a tremendous amount of success in less than a year, and while the first birthday of its MainNet is approaching, TRON certainly continues to impress to this day.

With that said, its price is still noticeably low, and many would agree that the project is heavily undervalued. The low price even allowed other projects to push it out of the top 10 list, with TRX currently being the 11th largest cryptocurrency by market cap. However, it is likely that TRON will not remain undervalued forever, and that its price might soon see a surge that its entire community has been waiting for, for a long time now.

Why TRX might see growth soon

As many undoubtedly know, TRON is a lot more than just a cryptocurrency. It has developed a massive ecosystem, which offers a development platform for coins, smart contracts, and dApps. It also acquired BitTorrent last year for its Project Atlas, which will allow torrent users to earn crypto through participation in content sharing.

For this purpose, it also launched BitTorrent (BTT) token, which saw its launch on January 28, 2019 on Binance Launchpad. This was dubbed the most successful ICO in history at the time, although several coins launched since then have broken its record.

In addition,…

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3 Cryptocurrencies Most Likely to Follow Bitcoin’s Performance

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For more than a year, the cryptocurrency market has been dominated by bearish influence, with most coins seeing constant drops, or stagnation, at best. This all changed in the past few months, starting with Bitcoin which once again started leading the market up, bringing one minor rally after another.

BTC itself experienced massive losses in 2018, with its price going down by around 84%. Most other coins among the top 10 mirrored its performance, and some of them experienced even greater losses. However, now that Bitcoin sees gains again, these cryptocurrencies are still following its example, and many of them have seen massive breakouts. Some of the more notable altcoins that followed Bitcoin’s recent example are Ethereum (ETH), Stellar (XLM), and Cardano (ADA).

Ethereum performance mirroring Bitcoin’s price

As mentioned, Bitcoin led every rally so far, but before it did, its price first went through what is known as an ascending triangle pattern. The pattern held for around five months, which is exceptionally long for the crypto world. However, once the pattern was finally broken — the coin’s price skyrocketed, more than doubling itself within only two months.

One thing to note is that Ethereum performed in pretty much the same fashion. After five months of struggle and confusion for investors, the second largest cryptocurrency also managed to break the pattern and skyrocket as well. It…

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