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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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.
NFTs are already being actively traded in markets globally. For…
Should Crypto Projects Devote Resources to Community Growth and Marketing?
2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.
I mention both of the above projects as they have each taken slightly different paths to achieve greatness. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.
Cryptocurrency vs. Blockchain Technology
It’s important to make a distinction between blockchain technology and cryptocurrency. Although they are often used interchangeably, they are different. Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…
XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata
Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //
The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.
As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021.
“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.
He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”
Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”
Mr. Yamagata has been…