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6 cryptocurrencies to watch during this crypto market carnage time

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Crypto
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The cryptocurrency market tends to go bearish once we go past Monday/Tuesday and approach weekends, even in good times. These are not good times at all, so it’s kind of doubtful that any coin at all will make progress on the coming weekend. Bitcoin and Ethereum are in free fall. But a handful of assets have had exciting developments over the last few hours. Let’s explore them a little.

Bitcoin Gold

Bitcoin Gold is acquiring value seemingly out of nowhere. While this is remarkable in the midst of a dramatically bearish market, it makes you wonder what will happen with this coin in the long run.

It’s a token with no real use cases, so its price is driven by speculative pressure above all, which is not a good thing because that just increases the probability of a sudden drop that will come out of nowhere, just as the rise came.

Bitcoin Diamond

Yet another Bitcoin fork. These forks have been gathering lots of attention lately, especially after Bitcoin Cash’s fiasco of a hard fork, that took away 75% of its previous value since last November 15th. But some forks have been performing well, such as the aforementioned Bitcoin Gold, and, Bitcoin Diamond that has recently risen in value by about 20% to reach $1 mark.

Revain

It’s been an interesting asset to follow for several weeks already. The price has a momentum of its own right now, which is remarkable in the current market conditions. However, in the last 24 hours, Revain lost 9.19% of its value too but still, it’s a good cryptocurrency to keep an eye on.

Ardor

This currency is a bit obscure, so nobody seems to be giving it a lot of attention at the time being. That is a little weird because coins that grow in value usually get noticed by the market, and Ardor has had some strong gains in the last few days.

Before going down by 3% today, it’s grown by 5% in only a few hours and has been going against the bearish trend very successfully. It will be quite interesting to follow this altcoin during the weekend and see how far it can go in fighting the current market’s trend.

Quarkchain

In the past few weeks, Quarkchain’s price went up several times over, and it’s repeating the feet today. The QKC token has gained around 2.35% in the last 24 hours.

That’s an interesting development to follow from here until coming Monday to keep track of how far forward it can move. It’s one of the very few markets in the top 100 coins by market capitalization that’s managed some real gains which is striking on its own merits.

Nexo

The last currency that has been going up significantly as we look for crypto market’s carnage time winners is Nexo. While it’s not exactly a noisy coin on the price list, it’s gained accountable value even in the current ‘severe’ crypto market bloodbath. This alone suggests that things are looking good for Nexo right now. The problem for this altcoin will be to sustain its rhythm and to keep going on over the weekend.

So now you have a few interesting coins you can use for crypto-spotting in the next few days (and beyond). Watch them carefully and enjoy the hard times of crypto too (it’s always better to not take hairs our of your head when something goes the other way).

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and 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

TRON Ecosystem New Addition — CryptoDungeons

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CryptoDungeons
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According to the recent Medium post published by TRON Arcade, a blockchain-based RPG called CryptoDungeons is to become the latest hit on the TRON blockchain.

The announcement was published on February 8th, and it states that the CryptoDungeons TRON game is still in development. However, the team is preparing to announce a presale soon, meaning that the official launch is not far away.

About CryptoDungeons

CryptoDungeons was originally developed to be a part of Ethereum’s network. However, the team has decided to bring it to TRON instead. Soon enough, the fans of the game will be able to experience its story, universe, and characters on TRON blockchain.

The game is centered around Heroes who can be bought and used for exploring dungeons, crafting various items, gathering food, and alike. The game also offers five races for players to choose from — Humans, Elves Dwarves, Orcs, and Angels. Additionally, there will also be four classes, including Warriors, Mages, Rogues, and Priests. Each class will have its own unique abilities, with the Warrior class being presented as an example. The abilities that this class features include Strike, Heavy Strike, Shield Wall, Shield Slam,…

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Altcoins

Positive Crypto Price Trend Moves VeChain (VET)

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VeChain
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As many are likely aware of, the previous twelve months were not particularly friendly to cryptocurrencies, and there were two major market crashes since January 2018. However, it could be that investors’ wishes are finally coming true, as the market is currently seeing actual gains. While there is still no certainty regarding this behavior, investors around the world are finding the current development to be quite refreshing.

One interesting development that was noticed these days is the increase of VeChain’s price, which is seeing minor gains at this time.

VeChain (VET) price grows

While most cryptocurrencies experienced some extreme ups and downs during their lifetime, VeChain is usually surprisingly unaffected by the market’s behavior. In fact, its price chart typically shows no major changes, and it seems pretty flat in comparison to other cryptocurrencies.

While this may be a good thing, as the lack of volatility means that the coin is more stable than most, the fact that the price is usually not affected makes the current gains that much more peculiar.

In the last 24 hours, VeChain’s price has grown by 2.16%, placing its value at $0.00401120 at the time of writing. The growth is minor, and the coin’s value only increased by a fraction of a cent, but this is still not typical behavior for this cryptocurrency, which attracted the attention of analysts and investors…

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Altcoins

SOLVE Token Could Be A Huge Long-Term Winner

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Solve.Care
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A lot of articles have been written about an altcoin apocalypse.  With so many tokens entering the market, it is inevitable that not all of them will survive.  When trying to analyze pick out the best projects, the following criteria should be used:

  • Very active community
  • Strong potential for mass adoption
  • Valuable partnerships
  • Experienced leadership

If a project scores well in at least three of the above criteria, it’s a winner.  When it scores well in all four, it has the potential to be a blockbuster.  That potential blockbuster is Solve.Care.

Background

Solve.Care has developed a revolutionary platform that will significantly improve care outcomes by reducing healthcare administrative costs.  The platform will also go a long way toward eliminating a lot of the problems commonly seen within healthcare administration such as duplication, waste, abuse, and fraud.  I firmly expect Solve.Care to generate cost savings by facilitating peer-to-peer transactions that grant authority to stakeholders while empowering payers regarding cost control and oversight.

SOLVE token completed its token sale last year in May.  The company sold 350,000,000 tokens and still has 650,000,000 in its treasury.  The great news is that the token has been recently listed on both Bittrex and KuCoin, two of the largest and most trustworthy exchanges in the world.  Given the recent incidents, especially the Cryptopia hack, being on a trustworthy exchange is of paramount…

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