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3 Cryptos To Blow Up In The Next Bull Run

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It has been an entire year since the last real bull run in cryptos and most traders and investors are ready to experience the excitement of their favorite coins blowing up once again. Ever since January 2018, all that the crypto market was experiencing were price drops, with minor attempts at recovery, which would only lead to another decline in prices.

However, there are several reasons to believe that this situation might change in 2019. Naturally, many are hoping to see it happen sooner, rather than later. One such reason is the natural progress of the crypto market. According to analysts, the market moves in cycles, which include bearish and bullish behavior alike. With the last bearish trend taking up the entire year of 2018, it is now time for the more positive development to take place.

Another reason includes large projects that have a goal to deal with problems that the crypto market has been facing, such as high volatility, scalability, and alike. If developers were to find solutions to problems like these or at least provide a better alternative to the current situation, this could encourage investors to become even more active within the crypto space, which can lead to a lot of positive development.

Finally, there are projects that aim to bring institutional investors to the crypto market, by solving issues that institutions are most concerned about. This is considered to be one of the most likely reasons to inspire another bull run, as institutions already have a massive interest in the crypto space. All that they need in order to join up is a bit of encouragement and a hint of progress regarding regulations, security, and maturity of the market itself.

But, even if the bull run were to arrive anytime soon, which coins might be the ones to lead it? Who might be among the top gainers? Here are 3 suggestions that might give you an idea of what to expect.

  1. Bitcoin (BTC)

For anyone who knows the crypto market even a little bit, it is of a small surprise that Bitcoin is included into this group. Despite all that happened to the largest coin, it is still the most dominant one, with more than half the total crypto market cap being owned by BTC. Bitcoin is one of the coins that everyone wants to see succeed. It has started the crypto trend, it led it ever since, and it was always the first, the largest, and the most influential.

Furthermore, a large part of businesses that do work with crypto tends to choose Bitcoin. Exchanges do it, stores do it, service providers do it. In time, they will open up to other coins, but for now, BTC is unique even among the cryptocurrencies. The coin has also shown that it has the potential to be massive, with its current all-time high being slightly above $20,000. This is something that BTC will undoubtedly regain, and even exceed in due time. All it takes is a bull run to take it back to those heights once again.

Right now, Bitcoin has a price of $3,681, which is its lowest in 2019 so far. While a further drop has been expected, and will likely take BTC to an even lower price, many analysts and experts remain bullish, expecting BTC to rise up as a continuation of its cycle, likely at some point during the current year.

  1. XRP

Next, we have XRP, which is currently the second largest cryptocurrency in terms of market cap. XRP has come a long way in 2018, from accusations of being security, through lawsuits and suspicions of being centralized, it finally arrived at a point where it sees positive progress. Finally, controversies are being forgotten, and XRP is mostly talked about as the most popular coin among banks and financial institutions around the world.

This is due to the banks’ desire to improve their systems used for international payments, which are considered to be old and outdated by today’s standards. If we can send instant messages and emails around the world, why not instant payments as well? So far, traditional payment systems needed several days for any transaction to go through, but through XRP, and with the help of products created by XRP’s parent company, Ripple, this problem can become a thing of the past.

Ripple’s products can only send money in the form of XRP, and financial institutions are seemingly quite impressed by this technology. Because of this, we do not only have a confirmation that XRP will stay relevant, but also that it will grow as it gains more users. Traditionally, XRP has always had a pretty low price when compared to giants like Bitcoin, or even Ethereum. However, it is up there with them when it comes to market cap. In fact, it just overtook Ethereum’s position for the third time in the last six months, showing that the coin is very much alive and that the next bull run might bring its price to completely new heights.

  1. TRON (TRX)

Finally, there is TRON. This is, without a doubt, one of the coins that have managed to make the most progress during the previous year. While its price may be low right now, TRON may be the coin that received the most coverage from the media, and the coin that has entered the largest number of partnerships, exchanges, and alike.

Additionally, TRON is always talking about its goal to decentralize the web. However, unlike others who set up large goals and then simply stay in place, never achieving them, TRON is actually making moves towards it. Its development and business moves are making the coin more and more relevant with each new project, listing, partnership, or dApp.

And, while many are blaming TRON’s popularity to the hype alone, it can’t be denied that this coin has connections and value, even if it has yet to be added to it in an obvious way. Still, that is what bull runs are for, and hopefully, the next one will see TRON rise to new heights, and maybe even join the top of the top coins.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or 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

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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ICTE May Bring About Sweeping Changes for Cryptocurrency Exchanges

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Cryptocurrency has taken the world by storm during the last few years. An entirely new financial market was created almost overnight which has captured the imagination of all its participants. Cryptocurrency is even starting to attract institutional money from investment banks, hedge funds, and other proprietary trading firms. Despite the rapid growth, traders remain extremely frustrated by having to deal with the fragmented nature of centralized crypto exchanges.

A Change is Needed

When cryptocurrency first began, there weren’t many participants and the trading volume was relatively insignificant. But, over time, that has radically changed. Some tokens now have a capitalization in the billions and are being traded 24-7 by institutions all over the world. Despite the volume, significant problems exist with the current way that exchanges work. Some of those problems include the following:

  • Constant fear of hackers
  • Exchange manipulation
  • Fragmented liquidity
  • Risk of identity theft

One of the biggest issues regarding centralized exchanges is the risk of being hacked. These hack stories seem to always be circulating around the internet. While experienced traders may have the tools to avoid becoming a victim, potential new traders have zero interest in dealing with this. And it’s not just the small exchanges that are at risk. Even large exchanges, such as Mt. Gox and Binance, are subject to being hacked.

Another huge risk is having to deal with…

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Altcoins

SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

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When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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