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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

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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