The past two years have been extremely wild in the cryptocurrency world. The number of initial coin offerings exploded, along with the number of cryptocurrencies. Today, there are over 2000 coins or tokens available, but most of them are weak in regards to vision and creativity.
If you take a look at ICOs that have been launched in the past two years, most of them are utilizing technology that’s already there and are just unworkable. This combined with the low success rate of startups in this day and age, most if not all of the new cryptocurrencies do not have a promising future.
However, before you start to panic, it’s imperative to keep in mind that some coins will thrive and survive. In this brief read, we have listed a few altcoins that seem to have the best chance of generating profit in 2019 and beyond.
Basic Attention Token (BAT)
This is a project that was founded by some of the most highly regarded individuals in the tech world. Simply put, the basic attention token is a unit of account between publishers, advertisers and users. It is synonymous with the Brave Browser, which repels malware and protects user privacy while browsing the web. According to the Basic Attention Token whitepaper, the browser blocks ads and trackers that are notorious for selling user information. Personal data privacy has become more of a concern in the past few months, and with such a solution, BAT is more likely to be a great long-term investment compared to other relatively new altcoins.
Binance Coin (BNB)
Binance quickly became the biggest crypto exchange in the market and for a good reason. It not only allows you to buy almost any coin, but it does so at a minimal fee compared to exchanges like Coinbase. The Binance user base is growing day by day, which means more people are purchasing cryptocurrencies, even though the market hasn’t had a dramatic change.
The binance exchange is so well-established and user-friendly that is has become the first port of call for new investors and newbies. Due to such reliance, the Binance or BNB token has become one of the most traded coins on the market, thus increasing its value, day after day.
BNB ideally has appealing affiliate programs which contribute highly to the companies growth. Moreover, the exchange does not have serious security issues, which has been an alarming aspect of numerous major cryptocurrency exchanges.
The goal of Stellar is to provide a fast, efficient as well as inexpensive service to people for cross-border payments. Unlike Ripple, XLM is geared to individuals and not big institutions. Companies such as Paypal dominate the online payment industry and charge about 4 to 5 percent per transaction, which can be hefty for large transactions. In contrast, XLM offers transaction speeds of 5 seconds and nominal fees. For example, Tempo remittances dApp operating on Stellar blockchain can be able to process over 600K transactions for a mere 0.01 USD. Also, XLM doesn’t utilize proof of work verification, meaning it does not have to deal with the energy consumption that’s currently hampering bitcoin. Lastly, Stellar has partnered with renowned companies like IBM, further showing that it is a substantial investment.
This is undoubtedly a controversial pick, but TRON recently purchased BitTorrent. Such an acquisition will mean big things this year if the company can develop decentralized and more secure means of torrenting. Other points to consider is that TRX is among the few ERC20 tokens that are on the MainNet. For these reasons, Tron is indeed a cryptocurrency with a promising future.
Find more on this page Facebook!