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4 Coins That Can Dominate Over BTC and ETH

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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.

3. NEO

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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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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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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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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