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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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors
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.
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,…
CoinFlip Scores Big with BRD Wallet Partnership
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…
Can Libra help the crypto industry to reach new heights?
The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.
From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.
What is Libra?
Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.
Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.
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