Cryptocurrency space has advanced a lot in recent years, and coins such as Bitcoin, Ethereum, XRP, and Litecoin still remain the biggest hits. However, a large part of the crypto community believes that this will not always be the case.
Many believe that these coins are slowly becoming relics of the past, and while their contribution can never be denied (they did bring on the crypto trend, after all), their technology will eventually make them extremely limited. If this does happen, other, more modern coins will have to take their place and become the next Bitcoin or Ethereum.
While this is all speculation at this point, many believe that it will come to pass within a few years. While this can easily mean that the coins that will dominate the future still don’t even exist, they can just as easily already be a part of the space. Since we can’t predict what new coins will arrive in the next several years, all we can do is check out which existing altcoins might become leading cryptos.
1. TRON (TRX)
For a lot of people, TRON (TRX) is undoubtedly a coin of the future. Not only does it plan to revolutionize the entertainment industry, and really, the web itself — it is also extremely modern, and it seemingly doesn’t know how to make a bad deal. Its creator, Justin Sun, has managed to make one of the strongest, largest, and most supportive communities in the entire space, all through the combination of his personality and a simple Twitter account.
TRON has achieved a lot in 2018, and it announced even more for the future. While its price has yet to reflect these achievements and promises, many expect that it will respond at some point, likely by a huge surge.
2. IOTA (MIOTA)
IOTA is a coin that seems to have developed a special relationship with the IoT and a car-making industry. It is viewed less as a coin, and more as a blockchain project, which can use its far reach and connections to create a huge network of various devices. However, the coin is one of the main aspects of the project itself, and so it will likely grow to be just as big as the rest of the project.
Right now, IOTA is not performing so well, with its price being only a fraction of its potential. However, the same can be said for a lot of other coins, and the project should not be judged for it. It certainly has a lot of potentials, and will likely be in tight connection to the future technological development.
NEO is the most Ethereum-like coin on this list, and as such, it has a fair chance to actually replace ETH someday. It was branded one of the two potential Ethereum killers (the other one being EOS), and many believe that this is the coin that will prevail.
NEO allows developers to create dApps and smart contracts on its network, similarly to Ethereum. However, its supporters will argue that it does everything much better and faster. In fact, NEO is well-known for its developer community, and thanks to superior technology, it is not a stretch to assume that it will be one of the main coins of the future.
4. Monero (XMR)
As far as coins used for payments go, Monero is probably among the best choices, and one of the largest altcoins of the future. As many are aware of, XMR is a privacy coin, meaning that it is capable of allowing its users anonymity while making transactions. It offers stealth addresses and confidential transactions, and it is decentralized as well as fungible,
While numerous privacy coins are still struggling to establish dominance, many believe that Monero will come out on top, and become one of the biggest altcoins in the future.
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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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Is Ethereum Still Searching For Its Bottom?
The crypto space has mostly been seeing drops in value during the last 30 days, and it was clear that the bear market of 2018 still has enough energy to cause further damage in this year as well. Most coins occasionally felt a slight growth, although it was not big enough to spark a real rally and shake off the bears.
When it comes to Ethereum, the coin has been dropping continuously since January 10th. ETH experienced high volatility ever since it broke down a $180 support on November 14th, 2018. A small rally starting on December 15th started taking ETH back up, although the highest it managed to reach since then was $159.58 on January 6th, 2019. Since then, the coin’s price entered another free fall, although it never dropped below $100 since then.
The coin seemingly found some stability in the final days of January, when it was trading at around $119, although another drop followed in the first days of February, and Ethereum nearly dropped to $100 on February 6th.
However, February 8th brought a new surge which affected the entire crypto market, bringing the coin’s price back to $144.15, which is its price according to TradingView at the time of writing. The new surge exceeded 11% in the…
Last Week’s Top 3 Most Significant Crypto Events
The crypto space never sleeps, and there is always something going on. Every day, there is some interesting event worth mentioning, some of which may even have significant consequences on the entire crypto space. With that in mind, here are the top three crypto events related to the crypto space that occurred in the previous week, and which may have impacted the world of digital currencies in one way or another.
1) A crypto Whale moves a large portion of XRP
Many have probably already heard the term “Crypto Whale,” as it is quite common to find discussions mentioning them and their activities. The term is a name used for coin holders which tend to buy, sell, or move massive amounts of digital currencies. These are usually professional investors with large funding who can impact the crypto market in any way they please, and make the prices rise or fall depending on their calculated business decisions.
They are called Whales because of the large amounts they move, which usually have a pretty big impact on the market. And, since they are so influential, there are many in the crypto space that have made it their mission to follow the activities of known Whales, and base their business decisions regarding the Whales’ movement.
One example is the Twitter account known as Whale Alert, which has around 50,000 followers. This…
TRON Ecosystem New Addition — CryptoDungeons
According to the recent Medium post published by TRON Arcade, a blockchain-based RPG called CryptoDungeons is to become the latest hit on the TRON blockchain.
— TRON Arcade (@TRONArcade) February 9, 2019
The announcement was published on February 8th, and it states that the CryptoDungeons TRON game is still in development. However, the team is preparing to announce a presale soon, meaning that the official launch is not far away.
CryptoDungeons was originally developed to be a part of Ethereum’s network. However, the team has decided to bring it to TRON instead. Soon enough, the fans of the game will be able to experience its story, universe, and characters on TRON blockchain.
The game is centered around Heroes who can be bought and used for exploring dungeons, crafting various items, gathering food, and alike. The game also offers five races for players to choose from — Humans, Elves Dwarves, Orcs, and Angels. Additionally, there will also be four classes, including Warriors, Mages, Rogues, and Priests. Each class will have its own unique abilities, with the Warrior class being presented as an example. The abilities that this class features include Strike, Heavy Strike, Shield Wall, Shield Slam,…
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