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4 Best-Performing Coins in 2019

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best-performing coins

Even though some of the largest crypto predictions for early 2019 did not come to pass — such as a start of a rally, the launch of Bakkt, or the approval of VanEck and SolidX Bitcoin ETF application — most coins did not get affected as strongly as it was believed they would. The crypto market has not yet found stability, but it is attempting to do so, and high volatility is currently avoided by some of the top performers.

Meanwhile, people around the world are turning to crypto, whether it is out of curiosity, the belief that they can change the future, or out of pure need. While their motives may be different, the crypto world connects them all, and their goal is to find and use the best and top-performing coins currently available. To help them find these coins, we have prepared a short list of 4 best-performing coins right now.

1) Binance Coin (BNB)

Binance Coin is currently the 12th largest coin by market cap, and one of the top performer in the crypto space of early 2019. The coin was already performing relatively well due to the fact that it is Binance’s native coin. Now, it sees either stability or several percent-large growths due to its popularity, but also because of Binance’s move which has seen the launch of Binance Jersey, a branch of binance that exchanges fiat to crypto.

BNB value is currently at $6.72, after a 2.34% growth in the last 24 hours. The coin has its first support at $5.46, while the first resistance is believed to be at $12. So far, BNB has experienced a positive movement, although it is possible that an attempt to break the resistance might bring it back down, or even below the $5.4 support.

2) IOTA (MIOTA)

IOTA has started 2019 with relatively stable performance, as well as a promise of great things to come. The project has announced new collaborations which might be able to boost its position and price. Right now, IOTA remains at the rank of 13 on the list of largest cryptocurrencies by market cap, with a price of $0.290594.

The coin has been attempting to grow and exceed $0.403 for the last several weeks, although it appears that the bear market has yet to loosen its grip regarding this coin. If IOTA attempts a breakout, it might reach as much as $0.6 in the near future, and at that point, the next resistance would lie at $0.815.

3) TRON (TRX)

TRON has recently managed to rise through the ranks and enter the top 10 cryptos, currently holding the 9th position. It is also among the best-performing coins of 2019, at least when it comes to the top 10 cryptocurrencies by market cap. It managed to grow from $0.018, which was its price on December 28th, to its largest price in 2019 so far, which was at $0.34, reached on January 10th. After that, the coin has experienced a sharp correction which brought it back to $0.02, but it continued to rise steadily ever since, with a current price of $0.026974.

In its future, it is possible that TRX will attempt a breakout, with its first resistance at $0.02815. If it succeeds at this, the bulls might bring the coin to a new high, with its next obstacle lying at $0.04. Otherwise, it might start dropping once again, and possibly falling below $0.018 if the bears get to it.

4) NEO

Finally, there is NEO, which has been somewhat under the radar recently. Even though it has been relatively quiet, the coin is still one of the top competitors to Ethereum, and its progression since the early December has been stable. NEO’s current price sits at $7.67, and if the coin attempts a breakout, it would likely grow to $16, and possibly even $20. If the bears prevent this from happening, the coin will likely start losing value again.

Whatever happens in the future, NEO is currently performing with stability, even though it lost a part of its market cap in late 2018, which brought it to the 17th spot on the list of largest 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.

Image courtesy of Pexels

Charts courtesy of TradingView

Altcoins

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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Altcoins

BITTREX GLOBAL CONFIRMS FREE TRADING AND LISTING FOR TOP DEFI TOKEN

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Valduz, Liechtenstein, 17th November, 2020, // ChainWire //

International cryptocurrency exchange promotes free trading and no gas fees for leading DeFi tokens

17th November 2020 — Bittrex Global GmbH. announced today 8 new DeFi tokens will be listed this week including:

  • UMA (UMA)
  • Aave (AAVE)
  • Balancer (BAL)
  • REN (REN & renBTC)
  • Kyber Network (KNC)
  • Band Protocol (BAND)
  • YF Link – (YFL)

Bittrex Global’s users can trade all of their DeFi  tokens with no trading or gas fees until 2021. The decision to enable free trading on Bittrex Global for DeFi tokens  follows on from the 1,000% growth of the DeFi asset class over the course of 2020.

The decision to enable free transactions will see more investors enter the Blockchain Act’s digital asset regulatory system, supervised by the Financial Market Authority in Liechtenstein (FMA) under the Due Diligence Act which requires traders to comply with the KYC/AML/CFT standards.

“The last year has seen huge growth in DeFi as an asset class and a number of significant milestones completed,” said Bittrex Global’s CEO Tom Albright. “As the asset class matures and more institutional and professional investors look at the fundamentals, we are likely to see increased demand and higher trading volumes for DeFi in 2021.

We’re really excited about what we’re seeing in the space and want to see these DeFi projects grow and help them build stronger platforms through increased adoption. Offering free trading fees…

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Altcoins

Ready for Chaos? Swingby’s Chaos-Mainnet Launches on December 28th

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Singapore, Singapore, 9th November, 2020, // ChainWire //

Swingby is the “warp-speed” protocol for inter-blockchain swaps. It allows all DeFi users to move assets between blockchains without a trusted party. 

Today, Swingby announces its first mainnet network will be released on the 28th of December; it will bridge native Bitcoins onto Ethereum via Wrapped BTC (WBTC).

The initial bridge will enable the most liquid digital asset in the world (Bitcoin), currently valued at a $300 billion market cap, to be moved onto the Ethereum network to tap its $10b DeFi ecosystem.

“This launch will be pivotal to Swingby. After December 28th, Swingby will have a fully operational Chaos-Mainnet network which will be generating a tremendous amount of value to the world of DeFi and bringing in a large number of new users” – Yusaku Senga, CEO

Why is this big news for DeFi?

On December 28th, Swingby will be launching its first Chaos-Mainnet bridge, allowing users to easily move their bitcoins into WBTC on Ethereum without the need for a trusted party. Similarly, the bridge can be used in the opposite direction allowing WBTC-ERC20 tokens to be moved back into native BTCs.

What’s so special about it?

  1. Trustless: Swingby’s Skybridge will be the only way to trustlessly swap BTC into wrapped Bitcoin (WBTC).
  2. Simple to use: The Swingby bridge has been designed to work with standard transaction types removing the need for complex smart contract calls…
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