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3 Coins Likely to Explode During the Next Bull Run

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bull run

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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My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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3 Reasons Why Liquidity Dividends Protocol (LID) Will Be a Huge Winner

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Liquidity Dividends Protocol

Since 2017, cryptocurrency has experienced both the crazy highs and the crazy lows with fortunes being made and lost overnight.  That volatility is one of the main reasons why cryptocurrency has been relatively slow to gain mass adoption.  In addition to volatility, another concern for many is the lack of security and regulation in the market.  This can be seen through the countless exchange hacks and rug pulls that seem to occur on a weekly basis.  In order for cryptocurrency to move into the next stage of maturity and bring on mass adoption, investors and users will need to feel secure knowing that their funds are safe.  One promising organization that may have the perfect solution is Liquidity Dividends Protocol (LID).

What is Liquidity Dividends Protocol?

Liquidity Dividends Protocol is an up and coming organization that provides locked liquidity services to cryptocurrency projects that launch their offerings through ERC-20 tokens.  It lets non-custodial pre-sales lock liquidity of a token in a trustless manner through Uniswap.  This locking process will prevent every investor’s worst nightmare of seeing their hard-earned money disappear through “rug pull” scams that are designed to remove liquidity out of DeFi projects.

This year has seen an explosion of interest in Uniswap and DeFi projects.  Many investors have generated enormous returns on investments, but many have experienced the pain of being duped.  Below are three reasons why LID Protocol is poised to be a massive winner in…

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