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Altcoins

Dash vs NEM: Which Coin Is A Better Investment?

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Dash vs Nem
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Ever since Bitcoin (BTC) became big, numerous altcoins have appeared, each wishing a part of BTC’s glory for itself. Of course, this is not all that these coins desire and many of them have quite important goals. Some wish to make the entire internet decentralized, while others aim to offer greater privacy when it comes to making transactions. In the end, each coin has its own story, and that is one of the reasons why many new investors often get confused about which one to invest in.

As new investors, newcomers are never experienced enough to go for lesser-known altcoins. However, they also often do not have the skill and funds to handle the top of the crypto list either. Instead, they focus on the coins among the top 20, but below the top 5. Because of this, many have started to ask around about different coins, with a lot of newcomers being interested in Dash vs NEM comparisons.

This is what we will explore today, and try to see which of these two coins is a better choice for would-be cryptocurrency investors.

Dash

Dash is a coin that is pretty different from most other altcoins. Where most other crypto projects are focused on becoming development platforms, Dash has always worked hard to become a dominant form of electronic cash. It aims to become as liquid as real, traditional money. Even so, it is still created upon Bitcoin’s core code, but it brought a lot of its own features to it.

Dash, of course, has its own blockchain, wallet, community, and it is even open-source. However, it differs from BTC by several important aspects, such as low transaction fees, great transaction speed, as well as privacy. In fact, Dash is known for being a privacy coin, which is a coin that allows its users to remain anonymous, and their transactions private.

Since everyone knows how important privacy is on the internet, it should not come as a surprise if we say that Dash will likely always be needed. At the moment, the price of Dash is at $180.21 per coin, which is significantly lower than its all-time high ($1,526), but there are many who believe that the coin will eventually regain its value.

NEM (XEM)

Next, we have NEM, Dash’s mortal enemy in today’s Dash vs NEM comparison. NEM is a project that aims to provide security to crypto assets and to increase the scalability of its algorithm. So far, it had a lot of success in achieving its goals, and it can process hundreds of transactions per second.

NEM has also received a lot more attention as a coin that focuses on security, especially after the recent Tether hack. After a hack like that, users generally tend to start thinking more about the security of their assets. As a safe coin, NEM has experienced more appreciation, as well as a significant increase in value over the last 14 to 16 months.

A lot of analysts believe that a coin like NEM is the future since it provides such high levels of security. They even go as far as to say that NEM might reach the top 5 coins in the near future. It certainly seems like a good investment, with increased scalability, security, and even decent levels of stability. especially when compared to other altcoins. NEM’s current price is $0.104084, and the coin holds the rank of 17 as per CoinMarketCap.

Dash vs NEM: Who wins?

Giving an answer to who would win in a Dash vs NEM fight is not simple. It is probably not even possible. Both coins have their use cases since there is always demand for privacy and security on the internet. Where Dash can provide anonymity, NEM can provide safety. Both coins have their own features, as well as their own communities. Dash has a better price, and it is also ranked higher on the list of largest coins per-market cap.

However, this doesn’t mean that it is a better coin since Dash and NEM do not really offer the same thing. In the end, it all comes down to the investor, and what they are looking for. Both coins have proven to be able to understand their users’ needs, which is why they are among the top 20.

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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

Encrypgen’s New HODLING Incentive Program May Send DNA Token Soaring

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Encrypgen
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Cryptocurrency traders have enjoyed a Bitcoin moon shot during the past few months.  Those gains have created a much more enjoyable environment for crypto bulls.  Whether it’s a temporary or permanent increase remains to be seen but hitting the 10,000 level has put everyone in a better mood.  Unfortunately, altcoins have not had experienced the same type of gains and are lagging significantly behind Bitcoin.

I’ve written articles in the past year that there is at least a decent chance that many altcoins won’t survive the current environment.  The ones that do will do so because they created a platform that has real world usage.  After spending countless hours researching many of the existing altcoins, I’ve yet to see a company that is more promising than Encrypgen (DNA).

Encrypgen Background Information

Encrypgen is a genomic blockchain network that provides customers and partners with best-in-class, next generation, blockchain security for protecting, sharing and re-marketing genomic data. This creates a fair marketplace for a person’s DNA that can be stored privately and sold (if a person wishes to do that). A person’s DNA can also be shared privately and securely with their physician for their personalized care.

Typically, people can send their DNA off to a lab to find out who they are and where they come from. As fun as that might sound, there is a significant security problem…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Altcoins

TRON (TRX) Is Likely to Go Big in June

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We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

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