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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

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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Altcoins

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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