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.
For the latest cryptocurrency news, join our Telegram!
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.
Image courtesy of Pexels
Reasons Why You Are Much Safer When Crypto Trading on Dexes
While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.
During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.
Here are some reasons why you might want to consider doing the same.
1. True ownership of your coins
The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges…
Crypto Billionaire Predicts Massive Price Growth by 2021
Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.
Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.
He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.
However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…
TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level
Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world. Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon. This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs. One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos. TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.
Problems with Centralized Casinos
The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model. And online casinos are no different. It still needs to be said that centralized casinos have proven that there is a great demand for online gambling. The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative. But industries are continually evolving and this one is no different.
A few of the problems facing centralized casinos include the following:
- Little to no transparency
- Consumer lack of confidence
- Privacy concerns
- 48-72 hour wait time for withdrawals
These are four monumental issues that need to be addressed quickly given the global growth of the market. Casinos need to…
BitStarz Player Smashes Record – Wins $2.4 Million on Azarbah Wishes!
The Bitcoin Revolution: Everything You Need To Know To Take Profits
3 Altcoins That Are Outperforming Bitcoin and Will Likely Face Consequences
Blogs2 weeks ago
Crypto Billionaire Predicts Massive Price Growth by 2021
Altcoins2 weeks ago
Justin Sun Bullish On TRX and BTT
Altcoins5 days ago
Why Tron (TRX) Price Won’t Remain Low for Long
Altcoins5 days ago
Why Binance May Be Crucial for Tron (Trx) to Reach $1
Bitcoin1 week ago
4 Reasons Why the New Bitcoin Rally Is Unlikely to Stop Now
Hot Updates2 weeks ago
Social Gaming Platform Offers Crypto Community Unrivalled Multi – Gaming Experience with Fair Odds
Altcoins5 days ago
3 Cryptocurrencies Most Likely to Follow Bitcoin’s Performance
Trade2 weeks ago
eToroX launches gold and silver stablecoins