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3 Most Underrated Cryptocurrencies Right Now - Global Coin Report
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3 Most Underrated Cryptocurrencies Right Now

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cryptocurrencies
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Investing in cryptocurrencies is still a very high-risk game, especially these days when the market has entered yet another period of uncertainty and high volatility. However, even if this was not the case, picking the right asset to invest in can be quite difficult. Most of the time, coins with a clear goal in mind get the most support. If their goals seem relevant, if they can solve a problem or provide a better solution to replace an already existing one, investors are quick to join its cause.

Every now and then, however, an oversight can happen, and great projects end up left behind, without less support than they likely deserve. Today, we will point out a few coins like that. Despite their size and popularity they already have, experts agree that these are underrated coins that will likely skyrocket once they receive the amount of attention that they truly deserve.

1. TRON (TRX)

TRON is a project that often makes headlines, and recently, whenever this happens, it is connected to a new project announcement, a new record being broken, or a new partnership being made. The project seems incapable of making a wrong move, and pretty much everything that Justin Sun decides to do ends up being a success. And still, TRX is not even among the top 10 cryptocurrencies. Its price is low, it’s market cap is below $1 billion, which is very unusual for a coin that has made so much progress during a single year.

TRON’s goal is to revolutionize the entertainment industry, as well as to decentralize the web. This is a huge mission, and probably very abstract in the mind of most people, which may be one explanation as to why TRX doesn’t get more attention. Still, the attention that it is getting is coming from a pretty dedicated community, which will likely ensure that TRON grows properly in time.

2. Monero (XMR)

Monero is the tenth largest coin by market cap, but many believe that this still means that it is very underrated. As many are undoubtedly already aware of, Monero is a privacy coin, which means that it is a secure, untraceable, and private digital currency. It is the only privacy coin in the top 10 cryptos, likely due to the fact that privacy coins, no matter how necessary, are usually frowned upon. Most people suspect them of being used for criminal activities due to their ability to hide transactions.

However, privacy coins like XMR are also great for protecting corporations’ secrets, freedom of speech, and provide regular users with privacy and anonymity, which is the right of every internet user. Monero has always depended on its community, ever since its very beginning. It was created through donations, and the community has always been the number one factor that was pushing its development. It has a price of $66.45 and a market cap of $1.1 billion.

3. NEO

Finally, the third pick when it comes to underrated coins is NEO. This has been one of the projects that had the potential to kill off Ethereum, according to the community. It was often considered to be EOS’ biggest rival when it comes to replacing ETH. NEO is currently ranked as 16th largest coin per market cap, with a price of $8.50 and a market cap of only $552 million.

This puts a huge difference between NEO and EOS, which has a market cap of $3.27 billion. NEO is also sometimes called Chinese Ethereum, due to the fact that it similar to ETH in essence, and that it is one of the coins that China particularly likes. It was believed that this will give it an edge over EOS once China becomes more crypto friendly. While this may be the case, it has yet to happen, and an event such as that might be all that NEO needs to get back in the game.

The project is dedicated to creating smart contracts and dApps, just like Ethereum is, but many would argue that NEO can do everything better, cheaper, and faster. Even so, the coin seems to be losing popularity and sinking to the depths of the market, one rank at the time.

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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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The Crypto Space Once Again Divided Over Bitcoin SV

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Bitcoin SV
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The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

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Are XRP and Ripple Going to Be Worth Anything by the End of 2019?

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Ripple
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One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

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Bitcoin, Litecoin, Ethereum, and Ripple On the Rise

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Bitcoin
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The recent development in the cryptocurrency industry is a rise in price for many of the core digital coins. We believe that the unexpected price hike is due to the renewed interest of the key players in the industry. Many investors, speculators, and traders are rushing into the number one cryptocurrency; Bitcoin like never before. Other altcoins such as Ethereum, Ripple, and Litecoin are not dormant either. The effect of the influx is the soaring prices of the digital coins within seven days.

The price of the crypto leading giant-Bitcoin has increased at 25.74 percent in one week. Ethereum also gained 18.76 percent increase in its price. Litecoin and Ripple also recorded some percentage increase in the tune of 53.20 percent and 16.12 percent respectively. It is no just these few popular coins that have gained in one week. From what we have gathered, 94 digital coins amongst the leading 100 cryptocurrencies are also experiencing the rise in price. This information is according to what TradingView published in April 2019.

According to them also, other cryptocurrencies gained in value while others declined. From their calculations, six digital currencies advanced while ninety-four was on the decline. Also, another information shows that the increase in Bitcoin price has reduced the value of other assets such as bonds and stocks.

The possible reason for the rally

Many people are wondering…

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