Connect with us

Altcoins

Why Ripple, Tron, and Cardano are top promising crypto investments

Published

on

Ripple Tron Cardano
READ LATER - DOWNLOAD THIS POST AS PDF

Since it came to existence, nearly a decade ago, cryptocurrency has been met with constant streams of negative-sayers declaring the technology is headed for obsolesce and predicting its death before it goes mainstream. Even so, ten years later, cryptocurrency is flourishing and showing signs of becoming stronger with each day that passes.

For instance, a single Bitcoin digital asset is worth four figures in US dollars, and it seems the coin has found some stability along its growing security. Unfortunately, the same cannot be said for every virtual currency in the crypto market which now hosts more than fifteen hundred virtual assets and coins, each of which displays varying degrees of failures and success.

However, for all their potential and promise, virtual currencies still have a lot of ground to cover to break into the mainstream. At the moment, there are a few traders and financial institutions who are open and accept virtual payments.

But a majority of the bulk still settle for fiat currencies in their day-to-day activities. Critics argue that cryptocurrency might have been a flash in the pan but supporters, on the other hand, say the signs are clear even with the current shaky crypto environment, the sector will emerge stronger.

Top Promising Crypto Investments

In recent time, Ripple’s XRP, Cardano (ADA), and Tron (TRX) have been leading ahead of the crypto pack especially regarding adoption). But why are these virtual coins flourishing and leading? Let us have a look at what these virtual currencies have to offer, and what makes them a good crypto investment.

Ripple (XRP)

XRP (XRP) is a virtual currency that was created by Ripple Labs, a San Francisco based firm. Its mission and goal ever since its launch were to enter into agreements with as many financial institutions and banks as possible. True to its mission, XRP has been making the headlines almost every day. At the moment, Ripple has managed to enthusiastically enter into partnerships with financial institutions and banks that exceed more than 100 institutions.

A majority of their partnerships have been employed using xVia and xCurrent, but not Ripple’s xRapid product that transfers the XRP token. It is rumored that Ripple Labs is working on integrating the three Ripple products to give its users superior services on their platform. That will be huge for XRP.

Even though the XRP token has been discussed and even labeled as security by many analysists, Ripple Labs has already taken action to dispel these doubts and is making incredible efforts in separating XRP from the mother company, Ripple Labs.

Tron (Trx)

Led by its visionary leader, Justin Sun, Tron (TRX) is one of the significant virtual currencies in the crypto market that has managed to make major steps towards mainstream consumption and mass adoption. Tron is one of the cryptocurrencies that has recorded major positive advances throughout this year.

Apart from successfully launching a TestNet, Tron also launched its MainNet that is currently live and kicking. The cryptocurrency went through a token migration that saw its digital tokens leave Ethereum’s platform to settle on its blockchain.

In the year, Tron managed to launch the TVM or Tron Virtual Machine and purchase BitTorrent which has now become an integral aspect of Tron’s new Project Atlas. The number of partnerships TRX has managed to onboard are in accountable numbers and have resulted in the adoption of TRX as an official payment currency on partner websites.

Tron’s ultimate goal is to make the internet decentralized and to revolutionize the entertainment industry.

Cardano (ADA)

Although being relatively new in the crypto space, Cardano (ADA) has been showing consistent developments that earns it a spot on the top three promising cryptocurrencies in the market.

Developed by Charles Hoskinson, Cardano (ADA) is one of the most trustworthy and stable cryptos around – thanks to its decentralized nature, scalability, and professional team. Cardano (ADA) technology guarantees users enhanced speeds during transactions and rock-solid reliability that can be used even in casinos as well as mobile gaming industries.

For real-time trade alerts and a daily breakdown of the crypto markets, sign up for Elite membership!

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.

Image courtesy of Flickr

Altcoins

Encrypgen’s New HODLING Incentive Program May Send DNA Token Soaring

Published

on

Encrypgen
READ LATER - DOWNLOAD THIS POST AS PDF

Cryptocurrency traders have enjoyed a Bitcoin moon shot during the past few months.  Those gains have created a much more enjoyable environment for crypto bulls.  Whether it’s a temporary or permanent increase remains to be seen but hitting the 10,000 level has put everyone in a better mood.  Unfortunately, altcoins have not had experienced the same type of gains and are lagging significantly behind Bitcoin.

I’ve written articles in the past year that there is at least a decent chance that many altcoins won’t survive the current environment.  The ones that do will do so because they created a platform that has real world usage.  After spending countless hours researching many of the existing altcoins, I’ve yet to see a company that is more promising than Encrypgen (DNA).

Encrypgen Background Information

Encrypgen is a genomic blockchain network that provides customers and partners with best-in-class, next generation, blockchain security for protecting, sharing and re-marketing genomic data. This creates a fair marketplace for a person’s DNA that can be stored privately and sold (if a person wishes to do that). A person’s DNA can also be shared privately and securely with their physician for their personalized care.

Typically, people can send their DNA off to a lab to find out who they are and where they come from. As fun as that might sound, there is a significant security problem…

Continue Reading

Altcoins

Top 3 Coins to Buy Before They Go Big

Published

on

coins
READ LATER - DOWNLOAD THIS POST AS PDF

Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

Continue Reading

Altcoins

TRON (TRX) Is Likely to Go Big in June

Published

on

Tron
READ LATER - DOWNLOAD THIS POST AS PDF

We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

Continue Reading

Elite