This movie is getting old.
Every day we comb through the news, scour the web, and flip through the feeds on our social media pages. We look for the movement on our favorite coin(s) and we search for solid investment opportunities. Of course, the dominant advice we are fed inevitably leads us back to Bitcoin (BTC).
Is it a good time to invest in Bitcoin (BTC)? Is Bitcoin (BTC) ready to move? The Twitter feeds are sure of it. Any day now, Bitcoin (BTC) is going to go through the roof. And if you don’t get in now, your FOMO will leave you waiting for a dip, hoping to join your giddy friends who knew better all along. But when you open your wallet to check the action on your investment, it’s always the same thing. The undisputed king of the cryptoverse has traded sideways again.
To be clear, Bitcoin (BTC) is going to come back. And when it does, it will likely double or triple overnight. But you know what? So will a number of altcoins in that time. The question that leaves most of us scratching our heads is, which ones? And while no one knows for sure which coin(s) will pop, what follows is a short list of three great crypto-choices we should be watching while we wait for the king to come back.
Basic Attention Token (BAT)
The first (And most obvious) on my short list of coins that will double before Bitcoin (BTC) is the Basic Attention Token (BAT). Dominating headlines with its recent inclusion on Coinbase Pro, this utility token has the potential to see massive gains overnight.
Founded by Brendan Eich, the originator of the Firefox browser, the Basic Attention Token (BAT) is the currency behind Brave. The Brave browser employs powerful ad blocking technology, improving the user experience greatly. The best part is, if you chose to see ads, your verifiable engagement can net you a nice payment in BAT.
The recent news of BAT’s inclusion on Coinbase Pro may have created short-term gains for investors in this usable crypto-product, but BAT is an excellent long-term hold as the company gains steam. As the popularity of the Brave browser grows over time, the value of the token is sure to follow.
The next great choice for steady gains as we move into the future is Skycoin. Heavily touted by none other than John McAfee, this coin is associated with a new decentralized internet experience. I am including this coin not just based on its performance over the past days (or the obvious pumping John McAfee might offer) but because of its potential for truly freeing the internet from the central control that holds us all back from an honest web experience.
Billed as the most advanced blockchain platform in the world, Skycoin is up over 8% on the day on news of McAfee’s latest tattoo immortalizing his recent involvement with the team (lulz).
Finally, diving a little deeper down the list of popular coins is Monetha (MTH). Up yet again today, Monetha (MTH) is making big moves before reaching full maturity in 2019.
The Monetha (MTH) platform is designed to help users verify the reputation of a person or institution before transacting with the party. Securely storing verifiable information related to a users behavior, Monetha (MTH) is another company with usable products helping thousands of people make more informed decisions online.
Working it’s way up the list on coinmarketcap.com, Monetha (MTH) is now ranked #391. With a current market cap of just under US $9 Million, it won’t be long before this coin catches fire (again). You can find Monetha (MTH) making consistent gains on Binance.
So while investing (long term) in the Bitcoin (BTC) dream is still an excellent play, we should all be dipping our toes in the warm waters of the altcoin sea while we wait. The three coins presented here might just net you a fortune before Bitcoin (BTC) does.
Follow me on Twitter as I chart the current price of these picks related to Bitcoin (BTC).
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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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Is Ethereum Still Searching For Its Bottom?
The crypto space has mostly been seeing drops in value during the last 30 days, and it was clear that the bear market of 2018 still has enough energy to cause further damage in this year as well. Most coins occasionally felt a slight growth, although it was not big enough to spark a real rally and shake off the bears.
When it comes to Ethereum, the coin has been dropping continuously since January 10th. ETH experienced high volatility ever since it broke down a $180 support on November 14th, 2018. A small rally starting on December 15th started taking ETH back up, although the highest it managed to reach since then was $159.58 on January 6th, 2019. Since then, the coin’s price entered another free fall, although it never dropped below $100 since then.
The coin seemingly found some stability in the final days of January, when it was trading at around $119, although another drop followed in the first days of February, and Ethereum nearly dropped to $100 on February 6th.
However, February 8th brought a new surge which affected the entire crypto market, bringing the coin’s price back to $144.15, which is its price according to TradingView at the time of writing. The new surge exceeded 11% in the…
Last Week’s Top 3 Most Significant Crypto Events
The crypto space never sleeps, and there is always something going on. Every day, there is some interesting event worth mentioning, some of which may even have significant consequences on the entire crypto space. With that in mind, here are the top three crypto events related to the crypto space that occurred in the previous week, and which may have impacted the world of digital currencies in one way or another.
1) A crypto Whale moves a large portion of XRP
Many have probably already heard the term “Crypto Whale,” as it is quite common to find discussions mentioning them and their activities. The term is a name used for coin holders which tend to buy, sell, or move massive amounts of digital currencies. These are usually professional investors with large funding who can impact the crypto market in any way they please, and make the prices rise or fall depending on their calculated business decisions.
They are called Whales because of the large amounts they move, which usually have a pretty big impact on the market. And, since they are so influential, there are many in the crypto space that have made it their mission to follow the activities of known Whales, and base their business decisions regarding the Whales’ movement.
One example is the Twitter account known as Whale Alert, which has around 50,000 followers. This…
TRON Ecosystem New Addition — CryptoDungeons
According to the recent Medium post published by TRON Arcade, a blockchain-based RPG called CryptoDungeons is to become the latest hit on the TRON blockchain.
— TRON Arcade (@TRONArcade) February 9, 2019
The announcement was published on February 8th, and it states that the CryptoDungeons TRON game is still in development. However, the team is preparing to announce a presale soon, meaning that the official launch is not far away.
CryptoDungeons was originally developed to be a part of Ethereum’s network. However, the team has decided to bring it to TRON instead. Soon enough, the fans of the game will be able to experience its story, universe, and characters on TRON blockchain.
The game is centered around Heroes who can be bought and used for exploring dungeons, crafting various items, gathering food, and alike. The game also offers five races for players to choose from — Humans, Elves Dwarves, Orcs, and Angels. Additionally, there will also be four classes, including Warriors, Mages, Rogues, and Priests. Each class will have its own unique abilities, with the Warrior class being presented as an example. The abilities that this class features include Strike, Heavy Strike, Shield Wall, Shield Slam,…
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