Ever since crypto investments became popular, aspiring investors have been struggling to find the best coins to put their money into. With the number of new cryptocurrencies always being on the rise, and the total number of digital coins exceeding 1800 of them, it is understandable why this has been such a difficult thing to do.
The fact that this year has been marked by an almost constantly bearish market did not help the matters either. Wherever the investors look, the prices seem to be constantly dropping, which is not exactly reassuring. However, even with all the troubles that the crypto world is going through, there are still coins worthy of time and investments. With that in mind, we have scoured the market in search of the best cryptos with the most potential, and we believe we have found four of them that have a very bright future ahead.
Those are Eos (EOS), Ethereum (ETH), DASH (DASH), and Cardano (ADA). Keep in mind that investing in cryptos means investing into the future, and while the results may not be apparent straight away, those investing in these coins will certainly be glad they did so after a while.
Top 4 coins for smart crypto investments
EOS is one of the biggest and most popular cryptos today. It holds the 5th place on CoinMarketCap’s list of largest coins, and its price at the time of writing is $4.87. While this is not exactly impressive at the moment, keep in mind that this is a result of an 8-months long bear market, which means that EOS has been doing pretty well.
It is similar to Ethereum in function, and its blockchain is dedicated to the creation of dApps. Their creation is easy due to multiple functions and services for the developers to choose from. EOS’ main goal is to gather together the best features and provide the best technologies for smart contracts and dApps, which will allow everyday users to have access to everything they need in an emerging blockchain era.
2) Ethereum (ETH)
Next, we have Ethereum. This is a coin that really needs no introduction, as it is the second largest crypto, and it held this place ever since it was created. Its current price is $283.71, which is pretty good considering this year’s market situation. Ethereum is an open software platform that is blockchain-based, and it is dedicated to the creation of dApps, just like EOS.
In fact, Ethereum has been a leader in dApp creation for a long time, and its network is also responsible for creating numerous other cryptos. The best example of an Ethereum-based coin in TRON (TRX), that only recently achieved independence. Ethereum is completely decentralized, has decent speeds, and offers transparency that is so crucial to the crypto world. For many people, Ethereum is a better choice than Bitcoin itself and the fact that it is as popular as it surely confirms that this coin has a bright future ahead of it.
If you are concerned about privacy and anonymity during your crypto dealings, then DASH may be just the coin for you. It is unlike most other crypto projects, and it focuses on keeping its users’ transactions private. It is the 14th coin on CMC’s list, with a price of $145.15 per coin.
DASH was created as an alternative to Bitcoin, whose developers would never allow BTC to go into such depths regarding anonymity. It was still created using Bitcoin’s core code, but it remains its own crypto with its own blockchain. It is fast, secure, and most importantly — private. As we all know, privacy will always be needed on the internet, which means that there will always be a need for DASH, as long as people are willing to use cryptos.
4) Cardano (ADA)
Finally, we have Cardano. This is the 9th coin as per CMC, with a price of $0.094769 per coin. Apart from being a cryptocurrency, Cardano is also a technological platform which aims to allow its users to run various financial apps needed in their everyday lives. It was created by a team of highly-capable professionals and academics, led by Charles Hoskinson, who also co-founded Ethereum.
In fact, Cardano has one of the most impressive teams in the crypto world. The team’s goal was to make a next-gen blockchain, and in doing so, they took their time in order to make something great. Cardano blockchain and its cryptocurrency, ADA, are the result of these efforts. It is similar to Ethereum in a way that it is mostly dedicated to the creation of smart contracts, but it offers numerous other features, better speeds, greater reliability, as well as improved security. Cardano has the potential to become the sole representative of the third generation of cryptos, and as such, it is definitely a smart investment.
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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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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…
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