Today we’re taking a look at a few coins to watch; EOS, Cardano [ADA], and Tron [TRX] have all exponential potential, so let’s dig further. The cryptocurrency market is unpredictable (understatement of the year). You never know when the next major regulation or hack will happen that causes major “FUD” and panic selling across the market. Panic selling has been the theme the last 90 days, as the total market has lost nearly $550 billion USD.
However, It seems the market has begun to stabilize but just like any market, correction is inevitable. Still, those get rich “quick” pump schemes have begun to fade and new investors have begun digging into the actual projects behind the coins they’ve invested in or are looking to invest in.
The third generation of blockchain projects has begun to emerge on the market far surpassing the first (Bitcoin) and second (Ethereum). These new projects have mastered scalability right off the bat and are able to process hundreds of thousands of transactions a second, once fully developed. The founders behind these projects have sat back and learned from the original projects and have solved the current issues with them. These new generation blockchains focus on scalability, interoperability (sidechains), sustainability, high assurance code, and peer-reviewed work.
Many of these projects will take years to fully develop but have recently started releasing their test and main nets of their projects. While most of these coins are still long-term holds, here are the coins to watch, as their upcoming developments have the potential to be huge. Disclaimer: Always practice smart investing and never invest more than you can afford to lose. Do your due diligence in educating yourself on each project and realize cryptocurrencies are startup investments and are high-risk. I do
