There are over 2100 coins on the market, and as time goes on, there are still more projects to be developed. This brings a challenge of picking the right project or choosing coins with the most potential.
It is a fact that the cryptocurrency market in 2018 was quite sick with lots of bearish trends, especially for the smaller projects. However, it will be unfair to be pessimistic about 2019 because there are still many promising and high potential cryptocurrencies and according to analysts the positivity will be seen in 2019. Let’s take a look at the three most promising of these cryptocurrencies.
Cardano is ranked 11 on the top 100 cryptocurrency list and currently priced at about $0.053 and a market cap of over $1.3 billion. It wouldn’t be so wrong to see ADA as a better substitute to ETH as it is a smart contract project founded by Ethereum co-founder Charles Hoskinson. Cardano has performed better than Ethereum in so many ways including scalability and many people even nickname it ‘the Ethereum of Japan’. Explicitly, reports have it that Cardano has about 95 percent of its coin with Japanese people.
Cardano is an exciting coin. Dropping about 90 percent in 2018, the market indicators still suggest an upward surge in 2019 and a super-bullish price forecast for Cardano. According to the founder Hoskinson, the first quarter of 2019 has significant developments coming up for the cryptocurrency which also suggests a potential price growth.
Looking at experts’ predictions, it shows that Cardano will see an extraordinary price increase in 2019 and probably without a downtrend. Cardano is a promising project, and most analysts expect Cardano to surpass $0.35 this year.
Waves had an impressive run in 2018 that brought it to the top 30 and even has a higher potential this year. The cryptocurrency is currently ranked the 25th on the top 100 cryptocurrency list with a market cap of over $280 Million and presently valued at $2.81 at press time.
Many projects like Waves has suffered a lot of disbelieve and criticism as many usually thinks they will fail on their promises and eventually die off. However, Waves has genuinely found a way to overcome and surpass all expectations.
Waves raised over 30,000 BTC in its ICO in 2016, which came up with an effective decentralized exchange from 2017. Waves do not only allow easy and quick transactions; it also has a lot of great features that put it ahead of others.
Binance Coin (BNB)
2019 seems to be one of the best years for BNB as the token has seen an impressive price growth since the start of the year, The token made its way to the top 10 cryptocurrencies on the 6th of February and has surprisingly gone even further and now currently sits at the 7th spot, It currently has a market cap of over $2 Billion and priced at about $15.27.
Binance Coin is unarguably the most promising among this list. Binance Coin is famous for being the native coin of one of the largest exchanges in the world, Binance.
The company in 2019 is keenly focusing on major developments that will positively propel the platform to greater heights. Like the expected Decentralized Exchange, ‘Binance DEX’.
Most of the Binance Coin price predictions are very bullish. Binance Coin is one of the most valuable coins in the cryptocurrency industry, and most analysts think the price of Binance Coin may go over $50 by the end of the year.