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Crypto Price Predictions for BAT, IOTA, ZIL, and ETN

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As we approach the end of January 2019, crypto investors around the world are becoming anxious to see some change in an otherwise relatively stationary market. Many have predicted that 2019 will be a big year for crypto, as a large bull run is expected to arrive and help Bitcoin and altcoins reach old heights, and maybe even grow beyond them.

For now, however, no such development has occurred. In the meantime, investors are also looking into the potential future of some smaller altcoins, hoping to find the next big hit among them. Here are crypto price predictions for four coins that many are interested in.

Basic Attention Token (BAT)

Basic Attention Token, or BAT, is currently experiencing a small surge, going up by 2% in the last 24 hours. Meanwhile, the coin’s price sits at $0.123463. The coin has followed a downward trend ever since it reached its all-time high of $0.864 in January 2018. For the most part, current BAT statistics show that the coin has seemingly found some sort of balance, with no large price fluctuations.

However, its strong connection to the Brave browser might allow it to grow, as the browser will soon allow its users to get payments in BAT for viewing ads. While this was the browser’s goal for a long time, a lot of technical difficulties needed to be addressed first, and the browser is currently testing the system. According to some predictions, BAT might continue to grow steadily in the following months, potentially reaching around $0.4 in six months and $0.64 on January 1st, 2020. The predictions are seemingly positive for the coin, although a bull run might significantly speed up the growth.

IOTA (MIOTA)

Another coin that has attracted a lot of interest is IOTA (MIOTA), which is currently priced at $0.303666. Similarly to BAT, IOTA is also currently trading in the green, with a small 2.07% increase in the last 24 hours. Predictions for the future of IOTA claim that the coin will likely continue to lose value throughout 2019, and partially 2020. Analysts believe that IOTA might continue to drop to the price of $0.07 per coin, which it will hit in May 2020, according to estimates.

After that, the coin will start growing again, with no major incidents regarding its value in foreseeable future. The results seem to indicate that investing in IOTA should be a part of a long-term strategy, as the coin has yet to go through its toughest period. Even so, it is more than possible that some new development or a massive rally might change this outcome.

Zilliqa (ZIL)

ZIL is a cryptocurrency that currently holds the rank of 30th largest coin by market cap. It holds a price of $0.022123 at the time of writing, and it is also trading in the green, with a 1.22% growth in the last 24 hours. However, ZIL price predictions are seemingly much more optimistic than that of IOTA, and the coin is expected to continue growing, albeit slowly.

Some statistics claim that the coin might reach $0.09 by December 2019, and to hit $0.66 in December 2020. After that, 2021 is expected to end with ZIL hitting $2.13, and nearly $5 in December 2022. Zilliqa seems to have a clear path upwards according to these predictions, although, as always, things might change depending on future events.

Electroneum (ETN)

Last but not least, there is Electroneum, which is currently priced at $0.006753, after a large 5.54% drop. While the situation with ETN is currently not encouraging, long-term price predictions for this coin are positive, and ETH is expected to start rising in the following months. Estimates claim that the coin will likely hit $0.01 at some point in 2019, likely around August. After that, the coin is in for a slow but steady rise, which will result in it reaching the value of $2.01 per coin in December 2022.

According to predictions, ETN will likely see the most activity in 2021 and 2022, while 2019 and 2020 are expected to be slow years. However, expectations were always high for ETN, and many believe it to be one of the coins that will go big 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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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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Altcoins

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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Altcoins

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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