3 Low-Cost Altcoins Primed to Grow in 2019 - Global Coin Report
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3 Low-Cost Altcoins Primed to Grow in 2019

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3 low-cost altcoins

As we continue to progress towards the end of 2018, a lot of issues in the crypto world that emerged this year are starting to get resolved. The influence of the bear market is finally weakening, and a lot of coins with real potential are starting to attract the attention of investors.

For a lot of people, this is a good thing, as investing in cheap altcoins with a lot of potentials can bring large amounts of money to HODLers once the prices start going up. Due to the mostly bearish 2018, there is no lack of cheap altcoins, many of which are worth less than 10 cents per coin right now. However, some of these coins are expected to grow quite big, and investors believe that 2019 will be the year when they will finally get the chance to shine.

Because of that, we believe that a closer look at some of these coins is necessary, as passing a good investment opportunity can be a huge waste. So, without further ado, here are three low-cost altcoins with a huge potential that are currently worth less than 10 cents.

1. Cardano (ADA)

Cardano is already a well-known altcoin, that is even ranked among the top 10 cryptocurrencies as per CoinMarketCap. It holds the 8th spot on the list of largest cryptos by market cap, but even so, its current price is only $0.070989.

During its peak, Cardano’s price was $1.26, and it has a market cap of over $30 billion. Of course, its fall came after the bear market took place in January 2018. However, this has happened to pretty much every other coin, and ADA should definitely not be discarded because of it.

Its strength lies in its unique approach, which is academic in nature, and driven by research. Its team consists of professional researchers and expert engineers that are constantly coming up with research papers regarding different aspects of blockchain technology. Cardano has also released several wallets, its platform’s key feature is a formal verification approach, and it is dedicated to increasing security and effectiveness.

All in all, Cardano is a coin that definitely has potential, and experts believe that it will regain its former glory in 2019, and possibly even reach new heights.

2. Decentraland (MANA)

Next, we have Decentraland. The project has a large ambition that revolves around creating a new virtual world based on blockchain technology. Users will be able to buy a virtual real estate and create any type of VR construction or application on this piece of digital land.

The VR world’s currency is, of course, going to be MANA, and all ownership rights will be recorded on the blockchain. Thanks to blockchain’s immunity to information manipulation, all recorded data will be transparent and safe. Furthermore, Decentraland is open for everyone who is interested to participate.

Participants are additionally motivated to make virtual creations by the ability to monetize them. This may include games, various beautiful graphical objects, and even entire digital marketplaces.

As for the coin itself, its current price is $0.078779, which is similar to Cardano. However, its market cap is much lower, and because of it, the coin currently holds the rank of 74. Despite this, it is considered to be quite a promising project, with a lot of people developing an interest in the VR. Because of this, it is believed that 2019 will be the year when this project truly starts attracting attention.

3. Bitshares (BTS)

Finally, there is Bitshares. This is a project that holds the rank of 35, with a price of $0.095483 per coin. BTS is an old currency. It was launched in 2014, and it represents the first blockchain child of Dan Larimer, who later became associated with projects like EOS and Steem.

Bitshares has a goal of assisting individuals that have no access to banking services and allowing them to participate in the world of finances like everyone else. In a way, it is imagined to serve as a decentralized exchange. Its design allows it to avoid issues like high fees and scalability problems, which is impressive by itself.

The coin has a large community with over 33,000 active users on a monthly basis. This is more activity than what most blockchains see in the same time period. Its exchange also offers numerous stablecoins which are pegged to different fiat currencies and other assets. This includes EUR, USD, CNY, and even things like silver and gold.

While the project is old, it is definitely worth looking into, as it solved issues that even the most advanced altcoins are still struggling with. Many have expected it to grow in 2018, but the bearish market somewhat spoiled those plans. Instead, it is expected that the coin will reach the heights it deserves in 2019. Because of that, investing in it while it is so cheap is the best move to make right now.

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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

3 Reasons Why WISE Token Could Be a Massive Winner in 2021

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WISE token

After working in proprietary trading for over a decade, I decided to transition to crypto in early 2017.  Although crypto is significantly different from traditional capital markets, I managed to successfully find a niche for successful and opportunistic trading.  While 2017 was the perfect time to get involved, the past few years have proven to be a bit more challenging as far as generating ROI.

Cryptocurrency traders have spent the past several years searching far and wide for the next big winner.  While the market as a whole hasn’t been very bull friendly, one specific area that appears to be gaining traction is decentralized finance, more commonly known as DeFi.  This area generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum.  The reason why so many crypto entrepreneurs are flocking to this space is that it allows them to create traditional financial vehicles in a decentralized network, outside the meddlesome control of foreign governments.

One extremely popular DeFi project is Chainlink (LINK) which is a decentralized oracle network that provides real-world data to smart contracts on the blockchain.  Chainlink has seen its token price increase by more than 300% year-to-date.    Another impressive project in the space is Kyber Network (KNC) which has seen its token soar from $0.20 at the start of the year to more than $1.60 at present.  Kyber Network’s on-chain liquidity protocol allows decentralized tokens swaps to be…

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Lotto Nation is Revolutionizing the Traditional Lottery Industry

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Lotto Nation

As the global economy continues to deal with the economic fallout due to the ongoing pandemic, companies are coming to terms with the fact that normalcy may not return for quite a while.  Many economists are wondering how the business landscape will look a year or more from now.  It’s certainly possible that many businesses, such as retailers and restaurants, may be unable to survive the current downturn.  But while some businesses will falter, others will emerge stronger than ever.

Traditionally, when economies go through a severe downturn, companies adapt.  Those that maintain the status quo usually have great difficulty while those that adapt prosper and conquer.  One possible example of this is Lotto Nation.  Thanks to the entrepreneurial skills of Nils Thomson, the Founder and CEO of Lotto Nation, the company is attempting to completely modernize the traditional lottery industry.

Current Lottery Model is Severely Outdated

It’s safe to say that nearly every human that has ever walked the earth has fantasized about winning the massive jackpot that would completely change their life.  These dreams have turned the global lottery industry into a $302 billion market that is expected to reach $380 billion by 2025.  Despite this predicted growth, the industry suffers from a variety of problems that are preventing it from really exploding.

Perhaps the biggest problem is that traditional lotteries are centralized.  Because of this, there is essentially no oversight on what a lottery provider…

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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