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4 Best-Performing Coins in 2019

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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

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

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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,…

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CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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