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NEO, EOS, and Cardano (ADA) – 3 Best Coins to Invest in Right Now

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NEO
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Investing in cryptocurrencies is always a risky thing to do, especially for newcomers to the crypto world. Deciding which coin is worth it, which of them might have a future, and which will provide returns on your investment is never easy. This is why most people decide to go for Bitcoin (BTC) and Ethereum (ETH). These two have proven their value, and have a reputation as coins that can make you rich.

But, are those the only ones that you can trust? Is there no other coin that is a safe bet? Well, there is. In fact, there are three of them – NEO, EOS, and Cardano (ADA). Of course, you should not take our word for it, which is why we will see why these coins are the best choice for new investments.

NEO, EOS, and ADA

There has been a lot of talk about these three coins in the last several months, and with good reason. Each of them has managed to make significant advances, in their own way. They have experienced a significant increase at the end of 2017, just like all other coins. Despite the fact that they were hit hard after that, the coins kept fighting, and have even managed to reach some level of stability, hitting certain prices, at sticking to them.

NEO and EOS, even though they have their own goals, were even seen as rivals. Each of these coins has been seen as a possible candidate that has the power to kill off Ethereum and replace it. Additionally, they represent the third generation of cryptos, as well as Cardano. While Bitcoin was the coin of the first generation and has become its representative, Ethereum belonged to the second one and had become a representative of the second wave.

Now, the third generation is struggling to find a coin worthy of being the primary crypto of the third wave, and all of these coins are possible candidates.

Where does the potential of these coins lie?

NEO has a lot of potentials, especially in the eastern markets. It is designed to be very similar to Ethereum, in terms of what it has to offer. Many would argue that it is actually doing everything that ETH is doing, only better. It is also very popular in China, which has been known for its skepticism towards cryptos. These things have earned it the nickname ‘Chinese Ethereum,’ and this coin has a potential to dominate this untapped market.

As for EOS, it has made significant progress recently by launching its own MainNet. True, the launch did not go without minor issues, and the network even had to go offline for a bit due to a glitch that was discovered soon after the launch. Still, EOS’ team managed to respond and fix the issue very quickly, and the coin did not have any large issues since. Despite the glitch, launching its own MainNet is still a big achievement, and EOS has a lot to be proud of.

When it comes to Cardano, this is a coin that has had a lot of success in terms of quality and stability. The coin isn’t highly-valued yet, but it definitely had the smallest price oscillations of the three. It is also among the newest cryptos, and while many other coins made a mistake of rushing things in order to be launched as soon as possible, Cardano did not. Its team consists of professionals and academics who know what they are doing and the best way to do things. This is why they were focused on developing ADA’s technology for months, rather than hurrying to put the coin out there.

As a result, Cardano has never had any big problems, nor did its price constantly rise and drop, as was the case with many other cryptos. It has been and still is, one of the most well-balanced cryptos in the market.

All of these cryptos have entered numerous partnerships over the last several months, and they continue to improve with new updates, projects, and products. They are all seen as good investments and coins with a bright future ahead of them. A large part of the crypto community expects that they would skyrocket as soon as the market allows it, which is why potential investors might want to consider purchasing them while they are still underpriced.

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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

Analyzing The Best-Performing Cryptos

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Over the nebulous first half of this year, some tiny cryptos were able to grow by more than 1000% and reach the desired top 100, while others that were already in the top 50 bastions simply zeroed. What factors led them to perform like this? Luck, external factors or well-made decisions?

First of all, it is important to clarify that it would be unwise to analyze them disregarding the market context (crypto and non-crypto) of the period, so we’re using a holistic approach.
In our timeframe, considering the traditional market cycle of emotions, in contrast to the standard chart below, the euphoria quadrant had a much larger peak and a much shorter duration, starting in the middle of 2017 and ending at the beginning of 2018, while we were stuck in the period of “excitement” since, maybe, 2015. The emotions in red passed in a rush and at the end of July, we were already in deep “despondency”.

Source: https://russellinvestments.com/ca/insights/the-market-cycle-of-emotions

Besides to the fact that the market completed half of the cycle in less than half a year, some very relevant things, besides the usual phenomena expected of an investment market, happened during this period. In addition to the hype the period enjoyed and the fact that bad, inexperienced investors were frantically joining the crypto market, we…

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Is Tether (USDT) really a stable coin?

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Tether
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Tether is one of the top digital assets in the crypto-sphere. The coin was launched in November 2014 after it changed its name from Realcoin so that the crypto community doesn’t associate it to the altcoins. It is important to know that Tether is a currency that helps to convert fiat currencies into digital currencies.

Moving forward, there have been lots of FUDs around Tether these days as regards to whether it is going to be a truly stable coin as the market has seen dips lately. Also, the FUDs around Tether have raised questions on whether there are any backings to the digital asset.

It is crucial to know that other factors have been attributed, and one of them was a report from last month that stated that Tether and Bitfinex, had gone their separate ways with Noble Bank. The separation made Bitfinex suspend fiat wire deposits – without no reason or whatsoever.

Tether, in regards to market worth, comprises about 92 percent of the market capitalization of stable coins. Also, this stable coin offers two purposes: to stabilize the volatility of Bitcoin, and also to preserve the amount of money purchasing power investors have at hand when the value of larger cryptocurrencies such as BTC drops.

The coin is a good alternative for traders when trying to cash-in on fiat currencies, as we do know that trying to move money from different exchanges to fiat…

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TRON Partnership Involves Cloud Computing

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TRON partnership
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It has been almost an entire week since Justin Sun, the founder of TRON (TRX), announced a new big partnership for this cryptocurrency. His Twitter announcement did not provide a lot of information, except for the fact that the TRON partnership is with an industry giant worth tens of billions of dollars.

Even so, the entire crypto community started speculating about the new partner’s identity. Soon after the announcement, a new rumor emerged, claiming that the identity of an unnamed corporation was uncovered. According to the rumor, TRON’s new partner is none other than Baidu, one of the largest tech giants of China, which also represents this country’s largest internet search provider.

Baidu is often viewed as China’s version of Google, and if the rumors of a partnership with this company turn out to be true, this will be a big game-changer for TRON.

However, in days following the announcement, new reports started coming in with claims that the partnership will not revolve around blockchain technology. Instead, ODaily reported that the alleged partnership between TRON and Baidu will be focused on cloud computing. The report claims that TRON will be purchasing computing resources from Baidu.

Baidu to…

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