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3 Altcoins That Can Net You A Fortune In 2019

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When they hear the term cryptocurrency, most investors think of the highest-ranking altcoins such as Ethereum, Litecoin, or Ripple. Those barely acquainted with the crypto world have still heard of names such as Bitcoin. However, the truth is that there are over 2,000 other altcoins out there. Some of them almost as old as BTC itself, while others have only been around for a few months, or even weeks.

They are still there, however, and some of them are more than just good projects. This is why they are worthy of being mentioned since some of these low cap cryptocurrencies are likely going to become major hits in 2019. A lot of them could have advanced earlier, but they were prevented from doing so due to bear market that has crippled the industry throughout 2018. However, a lot of experts believe that low cap cryptocurrencies will truly shine during 2019. If that is the case, here are a few coins that you might want to pay attention to.

3 Altcoins to pay attention to in 2019

1) Ravencoin (RVN)

Ravencoin (RVN) is a cryptocurrency inspired by a popular show, Game of Thrones. In the show, ravens are known for bringing news from far away places and spreading the truth around Westeros. This is what RVN aims to do as well, only in regards to digital asset ownership.

Ravencoin is based on UTXO (19) model of BTC. It is decentralized, and it aims to provide better and cheaper solutions, but also to eliminate various vulnerabilities that are usually associated with Bitcoin. There are several ways in which this coin is different than BTC. Its block reward time is reduced to 1 minute, it allows users to vote on various issues, it is resistant to ASIC mining, and more. Its main goal is to bring transparency, security, resistance to censorship, and to provide users with full control.

The coin is ranked as 69th, with a market cap of $88.5 million, and a price of $0.041376 per coin at the time of writing.

2) DeepBrain Chain (DBC)

DeepBrain Chain is another project with a lot of potential, and it is currently creating a type of decentralized bazaar for AI properties. Additionally, it represents one of the first ICOs to come from NEO’s platform. DBC aims to provide flexible and low-cost computing platforms for private use. To achieve this, it plans to reduce the GPU renting cost for as much as 70%. The same goes for related AI products.

The coin is currently holding a token sale, which will end in a little over 32 days. More about it can be seen here.

Another thing to mention is that DBC currently holds the rank of 343, with a price of $0.007388 and a market cap of $11 million. Interestingly enough, the coin is not trading in the red at the moment, like so many other low cap cryptocurrencies. Instead, it is experiencing a 5.29% increase, which means that there is definitely an interest in this cryptocurrency.

3) Trinity Network Credit (TNC)

TNC is the lowest ranking coin on this list, with a market cap of only $3.39 million, and it holds the rank of 611. While the coin is largely unknown, it is still a coin with a lot of potential. The coin was imagined to be a utility token created to be NEO’s off-chain scaling solution, such as Bitcoin Lightning Network.

During its token sale, Trinity managed to raise up to $20 million, which allowed it to survive the bear market up to this point. The coin has a good team behind it, and the project’s leader is former NEO developer, Yiling Li. The coin also started working on a new project recently, and in partnership with Ethereum itself. The project is called Decentraland, and a lot of investors have already heard of it earlier.

As for Trinity Network Credit itself, its connection to NEO means that they will likely share the same fate. So, if NEO, as a larger and stronger coin, manages to grow — TNC will definitely follow, and its investors will not regret supporting this coin.

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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

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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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…

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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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