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Four Top Cryptocurrencies of the Future
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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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…
2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.
I mention both of the above projects as they have each taken slightly different paths to achieve greatness. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.
Cryptocurrency vs. Blockchain Technology
It’s important to make a distinction between blockchain technology and cryptocurrency. Although they are often used interchangeably, they are different. Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…
Altcoins
XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata
Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //
The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.
As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021.
“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.
He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”
Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”
Mr. Yamagata has…
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