The current generation is full of inventions. Few get in to stay and some fade with time as we’ve witnessed it in many cases. When Bitcoin was first introduced, many had doubts and could be heard predicting a collapse of the digital currency.
Cryptocurrency is transforming the way the money works, and it’s bound never to collapse (at least not anytime soon), but instead, the question is what the digital money will offer in the long term. The crypto industry is moving fast, and most individuals now think that blockchain technology is the way forward.
However, we’re no longer talking about Bitcoin alone but several other coins that could show even better potential going forward. Considering that, Ravencoin (RVN) and Electroneum (ETN) seem to be the two sleeping crypto giants waiting for the night to end and take top positions at sunrise.
It’s a consensus in the crypto market that mass adoption will be the reason behind the next wave of growth for the cryptocurrencies. Those with the potential for an exponential adoption will undoubtedly have the most significant gains. Electroneum (ETN) is one of those with the highest potential.
Launched merely a year ago, the mobile cryptocurrency platform Electroneum is ambitious to replace PayPal. The coin has a fantastic use case which could see it getting adopted by more than 350 million smartphone users around the globe – a market that could be worth more than $3 trillion.
The fact that anyone can mine ETN with possession of only a smartphone makes it a potential threat to major cryptos. Besides that, it is straightforward to use. Also to make sure that Electroneum realizes its dream, the firm is in talks with several mobile operators who can be of help in integrating the payment platform into their networks.
Furthermore, the KYC feature gives it legitimacy in the eyes of many governments by making it compliant with most nations’ financial regulations. Without bottlenecks from governments, the value of Electroneum would only rise in a matter of time.
Besides, payments are promised to be instant. What more can one expect from a payment network? It’s said that the API sends a message to alert the receiver that the funds are on the way. Turkey’s Sistemkoin is about to add the coin into its platform meaning it’s in demand. The altcoin is also about to release its plugin for online vendors to support platforms such as Magento and Woocommerce.
From securing a Binance listing, launching its MainNet to activating the MainNet asset layer, Ravencoin is building the best foundation of becoming the next elephant in the crypto market. It’s worth noting that the activation of its MainNet asset layer means that all the features that will help to create the tokens will become live.
Looking at last month, October, there is a reason for pointing that it’s probably a matter of time before the value of Ravencoin ranks among the top 15 or who knows top five. During the month, it was the top gainer among the top 100 coins whereby it saw an increase of 170%. It shows that much is going on in the house of Ravencoin that investors should be excited about.
With Ravencoin, the brokerage account transfers only take few minutes instead of weeks, and the stock trades settle within minutes, unlike several days. Unlike Bitcoin that try to solve fiat currency problems, Ravencoin is doing it with securities. Therefore, Ravencoin is revolutionizing a different space.
During October, Ravencoin went past the $100 million mark concerning market capitalization, and at the moment it’s aiming that height again. Currently, it has a market cap of $104,102,115 which places the new-bird at the 63rd position on the CoinMarketCap charts. Not bad, not at all.
The developments centering both Electroneum (ETN) and Ravencoin (RVN) are exciting as they are causing a rise in value directly. These are the kind of crypto coins that any investor would want to look in; coins that go against all the odds to ensure that they emerge successfully. When both started, they remained undervalued but now things are changing, and who knows what the future holds. They are just sleeping giants about to be awakened.
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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.
Image courtesy of Skeeze/Pixabay
TokenPay (TPAY), Litecoin, and Verge (XVG) alliance about to transpire
Ever since the cryptocurrency sphere was met with the news of the partnership between Litecoin Foundation, TokenPay, and Verge (XVG), the idea of them coming together has been among the most controversial news to ever surface in the cryptocurrency world.
The collaboration managed to even draw the attention of one of the most renowned crypto-influencer and bitcoin campaigner, Tone Vays. In his usual style, Tone took to Twitter handle on hearing the news, tweeting and expressing his disapproval while criticizing the creators of the three cryptocurrencies for allowing such a move to occur.
In retaliation to the attacks from Tone, Charlie Lee, the MD, and founder of Litecoin (LTC) posted his clarification on Reddit on the 17th July in regards to the partnership. Litecoin’s CEO started by explaining the dissimilarities between Litecoin as a currency and Litecoin as a company.
In his remarks, he said that Litecoin as a blockchain and crypto network is a decentralized network, whereas Litecoin Foundation as a company is a centralized non-profit institution whose goal is to ensure Litecoin (LTC) is developed, adopted, and used. Charlie also mentioned that Litecoin’s cryptocurrency and blockchain technologies did not require his direct services at the moment hence his concentration on Litecoin Foundation.
Charlie Lee made his remarks known saying:
“If Litecoin Foundation (LF) is exposed to not doing a good job, nothing should prevent another organisation to step in and do a better job. This is…
Here’s Why This Coin Still Has Wings (WINGS)
WINGS, a decentralized crowdfunding platform based on the Ethereum blockchain, has had a great run over the past two months. Culminating in a peak of US $.23 just a few days ago, the currency behind the product has more than doubled since it’s lows of early September.
Despite the slight downturn WINGS is currently experiencing, this crypto-favorite may not be done running up the green candles on your favorite exchange just yet. A small drop like we had today was actually expected and could be considered healthy by long-term investors. These dips are also appreciated by those of us waiting to get in on a project we feel has real potential. WINGS has shown us that potential and is now presenting a great buying opportunity for speculators and traders looking for the next wave of support to lift this coin into the stratosphere.
What is WINGS?
WINGS was created to nurture project proposals via the Decentralized Autonomous Organization (DAO) model. Using blockchain networks and smart contracts, the platform allows the WINGS community to promote proposals with the greatest chance of positive returns. WINGS, in essence, is a decentralized forecasting ecosystem, where token holders are given an incentive to make choices concerning projects on the platform.
The DAO is a popular concept for crypto-projects that want to remain entirely on the web. Using the peer-to-peer technology of blockchain and smart contracts to enforce the rules of participation is…
4 Things That Will Make An Altcoin Successful
Since the crypto craze began, there have been hundreds of altcoins that have emerged and attempted to take over the world of crypto with their advanced and innovative ideas. While these days there are well over 2,000 individual coins, there have been many more to emerge and disappear, all within the last 10 years.
Clearly, having an idea and launching the coin itself is not enough. While it is by no means easy to do so, there are additional measures and rules that you, as an altcoin creator, need to consider if you want your coin to remain relevant. Clearly, not every idea can succeed, and after 10 years, it is quite difficult to present something new. However, cryptos are still a new technology, which is why there are still many unexplored possibilities that may allow you to reach success.
Secrets to altcoin success
1. Capturing the attention
As mentioned earlier, there is not a lot of things that are simple when it comes to creating altcoins. However, while your plan and idea make sense to you, no matter how complex they end up being, this will not be the case with potential investors. Many of them might give up on getting involved if they do not understand what the coin is all about, or if the road ahead seems too complicated and unclear.
This is why having an idea is not enough. What you need to…
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