Financialcentre Gives Details About The Cryptocurrencies To Look For In 2021 + Analysis
London, UK, 7th August 2021, ZEXPRWIRE – FinancialCentre broker, Troy Huet explains that the cryptocurrency industry is a fast-moving one; as such, there are always developments that will drastically change the landscape of it—both positively or negatively depending on who you ask. One example would be how regulation affects different coins differently based off of their principles for being decentralized currencies (such as Monero which values privacy above all else). Currently though, two coins still rule this space: Bitcoin ($1 trillion) and Ethereum ($400 billion), both because they’re popular sites to trade CryptoKitties among others things! The former is the most liquid and well-known cryptocurrency, but many analysts believe that the latter will overtake it in terms of market cap at some point.
Some cryptocurrencies like Monero and Zcash are completely anonymous, which means that they can be used for anything from buying pizza using Bitcoins to private-sector weapons purchases (like a missile launcher). The fact is that cryptocurrency and blockchains are already changing the world as we know it; the only question now is how far this change goes. Could a crypto-based United States presidential candidate eliminate corruption in the government? Could cryptocurrencies like Ripple have as much potential for financial inclusion in poor countries as microfinance institutions did?
In this article, we’ll be exploring some of the most promising and profitable cryptocurrency investment opportunities for anyone seeking to invest long term in them. The goal is simple: By the end of this article, you should have a fully comprehensive and impartial overview on these cryptocurrencies so that you can decide which ones to invest in. We’ll be covering everything from the basics such as market caps to what makes them special from an investment standpoint. Let’s begin!
Basic Attention Token ($BAT)
Basic Attention Token is an open-source, Ethereum-based digital advertising token designed to efficiently monetize attention while removing the undue incentives that come with ads. The native currency of the Brave browser and a promising coin for long-term investors in that it’s a project that has real world applications.
Predicting market cap: $1 billion (as of October 2017)
Status: Fully functional and available for trading on most major cryptocurrency exchanges.
Key takeaways: The Brave browser is simple, but it’s a solid attempt at disrupting the traditional digital advertising model. The team behind Basic Attention Token are focused and do their best to communicate updates on their progress regularly—something which isn’t always the case for cryptocurrency projects.
Basic Attention Token is a long-term bet, especially if you do your research and believe that digital advertising is ripe for the disruption it needs. The team behind this project appear to be doing everything they can in order to get their mobile Brave web browser working as well as integrating with YouTube which is still by far the biggest platform for digital advertising. If BAT’s native Brave web browser is successful, it will mean that they’ve got a valuable foothold into a major market and this would be the first step towards their goal of changing how internet users consume ads. As the project progresses further, it’d be able to integrate with more sites and services, so look out for BAT as a long-term investment.
Stellar Lumens ($XLM)
The Stellar project was founded by Jed McCaleb (who also cofounded Ripple) and is focused on providing a decentralized platform for exchanging currencies and assets quickly and reliably at low costs. Hence why the tagline of Stellar is “lightweight transactions for the world”.
Predicting market cap: $1 billion (as of October 2017)
Status: Fully functional and available for trading on most major cryptocurrency exchanges.
Key takeaways: Stellar is a promising project which aims to make global payments faster, cheaper and more reliable by allowing people anywhere in the world without bank accounts to use Stellar’s platform.
Stellar Lumens is a coin that could see explosive growth in value due to its low market cap and potential partnerships with banks, payment providers and even other cryptocurrencies (such as Bitcoin). As of October 2017, the team behind it have been making good progress towards how they plan to accomplish their vision; in particular, they’ve made great inroads regarding partnerships with various financial institutions.
The Stellar team and community are passionate about their project and if you’re looking for a coin to invest in that could be of real use to people by disrupting the banking industry in the developing world as well as potentially seeing widespread adoption by other cryptocurrencies, XLM is promising.
OmiseGo ($OMG)
OmiseGO is a blockchain-based platform that enables financial innovation in a permissionless ecosystem, making it the first completely public Ethereum network designed to deliver on-chain scalability without compromising security or decentralization. This will be achieved by sharing the OMG nodes across multiple validator nodes, enforce transaction execution via the OMG blockchain protocol and provide proof-of-stake consensus.
Predicting market cap: $1 billion (as of October 2017)
Status: Fully functional and available for trading on most major cryptocurrency exchanges.
Key takeaways: OmiseGO is a project from a team that knows what they’re doing. With its core feature of on-chain scaling via Plasma and an Ethereum scaling solution called OMG Network, the project has an ambitious goal for creating a decentralized exchange (DEX) which will be used to help facilitate financial processes such as payroll payments, cross-border remittances, B2B commerce and trading.
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.
