Altcoins
Top 3 Coins to Buy Before They Go Big
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 weeks, the project has seen a growth strong enough to cancel months and months of price declines that came before. Its largest breakthrough was breaking of the resistance at $0.028, after which it managed to finally cross the $0.030 barrier, and surge past it. But, even this is believed to be too low for what the coin is actually worth, and it is more than likely that the TRX rally will continue in months to come. Investing in it now will likely bring significant gains to those bullish on TRON.
2. IOTA (MIOTA)
Then, there is IOTA, which is performing quite decently these days. Not only that, but the project recently announced that it plans a massive new upgrade which will resolve a lot of the issues that its users were previously complaining about.
Further, IOTA is one of the few projects believed to be the key to reaching true decentralization. And, as if all of that was not enough — it is also one of the projects that hold the potential to change the way IoT and similar technologies communicate.
IOTA is in for quite a few big changes, it entered major partnerships, and all of it is bound to reflect positively on its coin. All that investors need to do is wait for the surge that undoubtedly lies in the future.
3. Binance Coin (BNB)
Finally, there is Binance Coin (BNB), a token issued by the world’s largest exchange by trading volume, Binance. The exchange has done a lot of work in the past 12 months, and most of its most noticeable achievements happened in 2019.
This includes the launch of fiat-to-crypto exchanges in Europe (Binance Jersey) and Asia (Binance Singapore), the launch of its blockchain (Binance Chain) and decentralized version (Binance DEX), as well as its coin’s decoupling from Bitcoin. Binance also brought back its Binance Launchpad, which started a new token sale trend, IEO.
Obviously, the exchange has grown to be extremely large, extremely influential, and one of the biggest and most powerful entities in the entire crypto space. So, if you are looking to take a break from Bitcoin, and invest in a coin that is bound to go through the roof in months to come — BNB, the heart of Binance’s ecosystem, is likely one of your best options.
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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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Fundamental Analysis
XRP price has staged a significant recovery in the past few days, jumping more than 6% in the past week. The coin has managed to secure a place among the best-performing altcoins in the past week. Its market cap has tilted higher to $25 billion, ranking the asset 6th after USD Coin.
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Fundamental Analysis
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Is the Worst Yet to Come?
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