Connect with us

Blogs

Tron, EOS, Litecoin: Top bets despite the market being shaky currently

Published

on

TRON EOS Litecoin Top Bets
READ LATER - DOWNLOAD THIS POST AS PDF

The cryptocurrency market seems to be going down one more time, but actually, that’s something not that worrying considering the fact that cryptos always find a way to go up again. The behavior of the virtual coin industry is always fluctuant, a point of which many take advantage of and play some great cards while there is an opportunity available.

That can be especially the current panorama in the industry. While many are worried about what’s the fate of the cryptos leading the charts, others are thinking strategically and are taking a close look at the best tokens to put their bets on. If that’s your case, then you don’t need to worry that much, following we will recommend you the best 3 cryptocurrencies to exploit while the market is being a little shaky. Let’s take a look!

Tron (TRX)

The TRX token has been a lot under the spotlight lately, and nothing is more accurate than that. This is definitely a coin to watch, it managed in just a couple of months to triple its price from the $0.03 against the USD to the number of $0.09 the unit, and that’s not even the highest value reached by the coin.

Besides, the CEO of the company, Justin Sun, has been working tirelessly building up a robust platform, as well as solid partnerships with some of the most relevant financial companies. Like this, it has managed to create a network highly scalable and secure.

The company is about to launch its Mainnet at the end of the month, and this change promises great possibilities such as migrating from Ethereum protocols. As the company unlinks from Ethereum, it is expected to gain value in the next days. The current price of the token is $0.070 per unit, but the experts forecast the value of the coin reaching the $2 or even more in less than five years. The same way, Justin Sun himself has said he expects the token becomes a top 5 crypto shortly.

EOS

The EOS token is moving fast in the crypto market; in fact, it recently took the well-valuated position of the 5th place in the top 5 chart of cryptocurrencies. Ever since the coin was launched in the market, it has shown an astonishing behavior, a fact that started with the deployment of an airdrop that slingshotted the token to the value of $5.5 against the US dollar.

Just like Tron, EOS will launch its mainnet very soon, having the launch of the update on June 2, the day on which the ICO will be finally closed. The current price of the coin is $13.2 per unit, with a +4% increase in the last 24 hours. However, it is expected that the currency starts a bullish movement right after the launch of the mainnet.

Litecoin (LTC)

Finishing the list, we have Litecoin (LTC), a token that despite being currently suffering a dip still has so much to promise to its users. Recently it was announced that the coin would be added to the lists of the exchange platform Gemini, one of the most critical exchanges at the moment.

In addition, the platform for free transactions, Abra, showed its support to the coin not so long ago, a fact that would grant the token with an appearance on the Abra net. Currently, the coin is valued at a price of $138, and it has decreased in value by 0.88% in the last 24 hours, occupying the 6th number in the charts right after EOS.

Even though the coin shows some bearish movements in the last days, experts forecast it may be hitting the moon with a rise in the coming months. And not just LTC, each of the coin featured in this article is expected to hit the moon soon now – so current market-fall is a good chance for strategic crypto investors, it’s the high time for investors to bet on these!

For the latest cryptocurrency news, join our Telegram!

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 Okan Buruk via Flickr

Altcoins

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

Published

on

SonicX
READ LATER - DOWNLOAD THIS POST AS PDF

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…

Continue Reading

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

Published

on

Bitcoin crash
READ LATER - DOWNLOAD THIS POST AS PDF

The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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

Elite