FinancialCentre Broker Gives Detail Of The Cryptos Worth Keeping An Eye On
London, UK, 4th Dec 2021, ZEXPRWIRE, It’s been a tough few months for crypto, but there are still plenty of great coins and tokens worth keeping an eye on. That being said – if you’re not going to invest in Bitcoin or Ethereum (IYKYK), it might be time to take advantage of the five best altcoins/tokens that will likely see some major gains moving forward:
The broker from FinancialCentre, Sofia Castle gives some details on the following cryptos.
1) Cardano 2), Litecoin 3), Ripple 4) Stellar Lumens 5). NEO 6) Tether (USDT) 7) Solana (SOL)
1) Cardano
The Cardano blockchain team has been putting in the work, and they’re doing everything right. They’ve got a solid team, great technology, and they’re not shying away from regulation (this is huge).
Cardano will likely surge as regulators crackdown on other popular exchanges. 2019 should see some big developments for this project, and it might be worth keeping an eye on for those who missed its massive growth back at the beginning of the year.
2) Litecoin
Litecoin lit up like a Christmas tree earlier this year as merchants like Steam started to accept it as payment. Paying with crypto is still new and exciting – as such, adoption is growing rapidly.
This increased adoption could help boost the price of Litecoin by way of increased demand. To top it off, Litecoin just released their new v13 update – which includes atomic swaps and lightning network support.
This is huge news because it means Lightning Network will likely be coming to Litecoin in the very near future – if it isn’t already here.
3) Ripple (XRP)
Ripple has had a rocky year following the collapse of its relationship with R3 (a big partnership). But despite this, XRP still boasts one of the largest market caps ($34 billion USD), plenty of team members working hard on adoption for enterprise clients, and an expanding list of partnerships/countries where banks are actively using or testing xRapid.
4) Stellar Lumens (XLM)
Stellar (XLM) is currently in fourth place when it comes to market cap. It’s also got a fantastic team working on its protocol, real-time settlement and low fees for businesses looking to move money across borders.
If you’re in the crypto business, then XLM should be something that you keep an eye on. It might not triple like Litecoin this year – but Stellar has some serious potential, and Charles Hoskinson (former CEO of Ethereum) is heading up development on their new “Distributed Exchange”, which will revolutionize cross-border payments as we know them today. This could give Stellar a big edge come 2020 as more people look to move money back and forth across borders.
5) NEO
I know that I already mentioned this coin in my last article – but it bears repeating. People are sleeping on NEO right now, and for a good reason. But the “Chinese Ethereum” is still undervalued in both price and technology.
For those who don’t know, NEO believes in a decentralized future built on digital identities, smart contracts, supply chains & governmental organizations working hand-in-hand with blockchain technology to bring about innovation across all sectors of industry.
NEO has seen some tough times over the past year (although the team is continuing to grow their platform). But if you’re looking for an undervalued token, then there’s no better pick than Neo come November 2021. Just keep an eye on this one. I wouldn’t be surprised if it was being talked about as a top 10 coin in 2020.
6) Tether (USDT)
Tether is a stable coin, meaning it’s backed by fiat currencies like the U.S dollar and Euro – in theory keeping its value equal to one of those denominations should make TETH more consistent than other cryptocurrencies, which are prone towards extreme volatility. It has been favoured by investors wary about the riskier nature surrounding cryptocurrency trading due mainly because they have less trust or faith when investing their money into these coins; however, we all know how this ended for them before finally giving up on Bitcoin altogether.
The only challenge with Tether is it still hasn’t been audited by a third party, something that most investors would feel more comfortable with in order to support the claim that they’re actually backed one-to-one. It’s also coming under further scrutiny due to the recent lawsuit that was filed against Bitfinex and Tether. With all of this considered, I wouldn’t recommend investing in these until they’ve cleared up some of their controversies and proven that they are fully transparent and operating within compliance. However, if you can deal with all of this uncertainty, then come November 2021, we may look back at the beginning of 2018 as one of the best times for buying TETH tokens without getting burned by volatility.
7) Solana (SOL)
While it hasn’t garnered as much attention as its competitors, Solana is well-positioned to knock out both decentralized cloud storage and processing. This means that you can store videos, music, movies or even data on the chain.
The team behind Solana are also working with big names like Intel, who are looking to bring test their new ASIC chips.
Disclaimer: Our content is intended to be used for informational purposes only. It is very important to do your own research before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
