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.
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.
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.
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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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
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. One of the ways to have a successful trading…
Should Crypto Projects Devote Resources to Community Growth and Marketing?
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…
XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata
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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