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Four Top Cryptocurrencies of the Future

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Cryptocurrencies
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In the world of business, making a smart decision is not always easy to do, since things are rarely black and white. If we add cryptocurrencies to the equation, the problem of making smart choices becomes infinitely more complex. The reason for this is an unstable crypto market, where prices are going up and down without a warning.

Still, there are some indications of how to make a good decision and a smart investment, and according to these signs, there are four cryptos more worthy of investors attention than the others. Those are EOS, NEO, Tron (TRX), and Ripple (XRP).

Will cryptos disappear?

Ever since Bitcoin (BTC) started the crypto craze, and the appearance of Ethereum (ETH) supported it, cryptos started appearing almost on a daily basis. These altcoins tried to improve on the previous coins, to explore new areas of business, and to try and create a place for themselves in the vast world of digital currency.

Since then, their total number exceeded 1500 altcoins, as per CoinMarketCap. With so many cryptos around, it is really hard, if not impossible to find the one with the most potential. However, after following the market for quite some time, experts believe that a lot of these coins will die out very soon. Of course, this doesn’t mean that all cryptos will disappear forever.

Some of them will manage to survive, and among them are the four coins of the third generation – TRON, Ripple, NEO, and EOS.

Why these coins?

These are the coins which are either backed by strong, influential names, or they have managed to achieve so much that their own strength will be enough to keep them afloat. The interest in them continues to rise every single day, with more and more people investigating them, googling them, exploring their possibilities, and eventually – becoming their investors.

Researchers and crypto enthusiasts have even decided to follow the overall interest in these cryptos, and have discovered that in June 2018 alone, these four coins inspired more curiosity than even Ethereum itself.

In fact, the amount of research that was noted by Google on the worldwide scale clearly states that NEO is a clear leader by interest, followed by EOS, then TRX, and XRP in the end. Then, and only then, comes the interest in Ethereum, the second largest cryptocurrency in the world.

The situation is just slightly different within the US, where EOS has taken the lead, with Ripple and NEO sharing the second place, and TRON being right behind them.

With so many cryptocurrencies around, it was obvious from the beginning that not all of them will make it. However, until now, there was no way to clearly determine which coins have the real potential to outlast the others. With the bearish market that has been tormenting digital currencies for the entire six months now, many believe that the filtering of cryptos has officially begun.

Cryptos like Bitcoin and Ethereum will probably remain right where they are, but those are the coins that have already won their battles. They are the representatives of the first and second generation of cryptocurrencies. The other 1500+ cryptos that are still fighting to list out the representative(s) of the Third Wave, and EOS, NEO, TRX, and XRP are clearly taking the lead. This is what makes these coins worthy of focusing on, and their quality will do the rest by itself.

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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

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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Altcoins

ICTE May Bring About Sweeping Changes for Cryptocurrency Exchanges

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Cryptocurrency has taken the world by storm during the last few years. An entirely new financial market was created almost overnight which has captured the imagination of all its participants. Cryptocurrency is even starting to attract institutional money from investment banks, hedge funds, and other proprietary trading firms. Despite the rapid growth, traders remain extremely frustrated by having to deal with the fragmented nature of centralized crypto exchanges.

A Change is Needed

When cryptocurrency first began, there weren’t many participants and the trading volume was relatively insignificant. But, over time, that has radically changed. Some tokens now have a capitalization in the billions and are being traded 24-7 by institutions all over the world. Despite the volume, significant problems exist with the current way that exchanges work. Some of those problems include the following:

  • Constant fear of hackers
  • Exchange manipulation
  • Fragmented liquidity
  • Risk of identity theft

One of the biggest issues regarding centralized exchanges is the risk of being hacked. These hack stories seem to always be circulating around the internet. While experienced traders may have the tools to avoid becoming a victim, potential new traders have zero interest in dealing with this. And it’s not just the small exchanges that are at risk. Even large exchanges, such as Mt. Gox and Binance, are subject to being hacked.

Another huge risk is having to deal with…

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Altcoins

SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

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SonicX
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When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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