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5 Best Altcoins to keep an eye on in 2019

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5 Best Altcoins in 2019

2019 isn’t far away. Arguably, 2018 has been a quite disappointing year for altcoins. Many crypto enthusiasts say that 2017 and 2018 have been the wildest years in the cryptosphere. As of now, more than 1600 cryptocurrencies are available in which most of the altcoins are going through bad times.

However, this downfall of altcoins cannot be connected to any one reason; this decline is the amalgamation of different factors. That being said, we have compiled a roundup of 5 best altcoins in 2019 that will surge and make you earn more money. So, without any further ado let’s get started with the list of 5 best altcoins.

1.        Ethereum (ETH)

Ethereum is known as the king of all altcoins, and currently, it is ranked at the second position after Bitcoin. Ethereum had many issues this year including the rapid decline in its price. CEO and developer of Ethereum said that this rapid collapse in the prices is because of the network returning to its normal levels. Even with the decline in the price, we don’t see a cryptosphere where Ethereum doesn’t exist. Many crypto bulls say that Ethereum will surge and recover all the previous losses in the coming year.

2.       Ripple (XRP)

Ripple (XRP) is a remittance system and a gross reconciliation network developed by a US-based company known as Ripple Labs Inc. Ripple is an open source podium which supports token issuance, currency exchange, and fiat transactions. Moreover, its objective is to provide financial institutions instant and cheaper cross-border transactions. Ripple is developed by a shared public ledger known as XRP ledger that implements a consensus procedure to enable remittances, payments and exchanges in a distributed method. Thus ripple’s objective is to provide instant cross-border transactions many banking giants have partnered ripple, and more banks are expected to implement the ripple protocol in 2019. The reason that ripple is safe today from the SEC we believe that ripple will survive the crypto bloodbath and surge shortly.

3.       Litecoin (LTC)

Litecoin is the seventh biggest cryptocurrency by market capitalization, and it is the oldest altcoin in this roundup. Litecoin was founded back in 2011, and no it’s a BTC alternative having the top 10 market cap of more than 3 billion USD. Litecoin is a peer-to-peer digital asset that allows cheaper and instant payments to anyone around the globe. Moreover, the main difference between bitcoin and litecoin is the total supply limit. Litecoin’s coin limit is 84 million, and bitcoin’s total supply limit is 21 million. The mining time of every block on the LTC blockchain is 2.5 minutes. That being said, Litecoin is one of the major four on Coinbase with over millions of active users Litecoin will surely surge in 2019.

4.      EOS

EOS is fourth on this list. Love it or not, the EOS ecosystem holds a huge potential. The ecosystem of EOS is similar to the Ethereum. However, it brings the cryptosphere to a global audience. EOS is the fifth largest cryptocurrency by the market capitalization. EOS is fast than Ethereum, and it has huge support from an enthusiastic audience. Recently, EOS accomplished a successful sale of tokens, and now it has a huge potential. These are the reasons why we believe that EOS will survive the altcoin bloodbath and it will make you more money in 2019.

5.       Tron (TRX)

Last but not the least; we’ve Tron (TRX) that recently purchased BitTorrent, and it means a big thing for the Tron community if they can establish a secure torrenting procedure in future. Moreover, TRX is one of the ERC20 tokens to launch its MainNet, and over the past few years, Tron’s growth has been impressive. So far Tron has managed to reach 300,000 accounts and we believe that Tron will survive and it will rise in 2019.

Conclusion

That’s it. There you have the 5 best Altcoins that will rise in 2019. We hope you found this article to be helpful and don’t forget to share your thoughts in the comment section right below.

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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 Pixabay.

Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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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…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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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…

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Altcoins

My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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