When they hear the term cryptocurrency, most investors think of higher-ranking altcoins such as Ethereum, Litecoin or Ripple. Those barely aware of the cryptic world have yet heard of names like Bitcoin. However, the truth is that there are over 2,000 other altcoins out there. Some of them are almost the same age as BTC, while others have been around for only a few months or even weeks.
They are still there, however, and some of them are more than just projects. This is why they are worthy of mention because some of these low-capital cryptocurrencies are likely to become big hits in 2019. Many of them may have advanced earlier, but they have been prevented from doing so due to a bearish market that has paralyzed the sector in 2018. However, many experts believe that the low-capital cryptocurrencies will really shine in 2019. In this case, here are some coins you might want to watch out for.
3 Altcoins to watch out for in 2019
1) Ravencoin (RVN)
Ravencoin (RVN) is a cryptocurrency inspired by a popular show, Game of Thrones. In the show, the crows are known to bring news from distant places and spread the truth about Westeros. This is what RVN intends to do even just as regards the ownership of digital resources.
Ravencoin is based on the UTX model (19) of BTC. It is decentralized and aims to provide better and cheaper solutions, but also to eliminate various vulnerabilities that are usually associated with Bitcoin. There are several ways in which this currency is different from BTC. The reward time of the block is reduced to 1 minute, allows users to vote on various issues, is resistant to ASIC extraction and more. Its main objective is to bring transparency, security, resistance to censorship and provide users with full control.
The currency is ranked 69th, with a market capitalization of $ 88.5 million and a price of $ 0.041376 per currency at the time of writing.
2) DeepBrain Chain (DBC)
DeepBrain Chain is another project with many potentials and is currently creating a decentralized bazaar for AI properties. Furthermore, it represents one of the first ICOs coming from the NEO platform. DBC aims to provide flexible and low-cost computing platforms for private use. To achieve this goal, plans to reduce the costs of renting the GPU up to 70%. The same applies to related IA products.
The currency is currently in the possession of a token sale, which will end in just over 32 days. More information can be seen here.
Another thing to remember is that DBC currently holds 343, with a price of $ 0.007388 and a market capitalization of $ 11 million. Interestingly enough, the currency is not traded in red at the moment, like many other low capitalization cryptocurrencies. Instead, it is experiencing a 5.29% increase, which means that there is certainly an interest in this cryptocurrency.
3) Trinity Network Credit (TNC)
TNC is the lowest currency in this list, with a market capitalization of only $ 3.39 million, and holds the rank of 611. While the currency is largely unknown, it is still a currency with great potential. The coin was imagined as a utility token created to be the NEO off-scalability solution, such as Bitcoin Lightning Network.
During its sale of tokens, Trinity managed to raise up to $ 20 million, which allowed it to survive until the bear market fell. The currency has a good team behind it, and the project leader is the former NEO developer, Yiling Li. The currency has also started working on a new project recently, and in collaboration with Ethereum itself. The project is called Decentraland and many investors have already heard about it before.
As for Trinity Network Credit itself, its connection to NEO means that they will probably share the same fate. So if NEO, as a bigger and stronger currency, manages to grow, TNC will surely follow, and its investors will not regret supporting this currency.
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Disclaimer: this article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and / or its affiliates, employees, writers and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own in-depth research before investing in any cryptocurrency and read our full disclaimer.
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