Do you remember the time when Microsoft, Yahoo and Google stocks created millionaires out of nothing? (Please don’t mention Facebook). It’s expected that cryptocurrencies will do the same trick real soon (Electroneum and Graft could help, I’ll tell why later). It did it already, as investors who came into the market between 2010 and 2017 had the chance to have great gains when Bitcoin hit the $20,000 mark.
The current year has been lousy, but the best is yet to come. 2018 has been under the bear’s hug all year. Most coins have gone down by something like 90% which is not great news for speculators. It would be terrible news if you bought when everything was high (last December). But for smart investors and aficionados, this is the best of all times. This is the time in which you can buy cheap and then sit back and see how prices go up as the next bull run arrives. And it will come. We don’t know when, but it will.
The question is: which are the best baskets for your eggs? In this article, we will suggest two. Of course, you will need to do your own research and make your own decision. We are not financial advisors; we just point the way in directions that make sense.
In a market that has been going steadily down, Electroneum (ETN) has been going up. Almost 400% over the last month.
The reason for Electroneum’s success is real-world demand for the token. You can mine this coin by just installing an app on your mobile phone and then it’s useful for any kind of micropayment you could imagine.
This makes a cryptocurrency useful for lots of people all around the world who don’t have access to bank accounts or other services offered by the traditional financial system. And this kind of demand can only grow up.
Among the factors that have been holding adoption of cryptocurrencies all over the world are regulations. Electroneum is fully compliant with regulations. This means it can only keep growing in demand and value, very quickly, quite significantly. If just a few strategic partners adopt Electroneum sometime soon, it will take off in a spectacular way.
Electroneum is very cheap now. And you can get some for free if you just install the app. Keep an eye out for it; we believe you won’t regret it.
Graft is not in the limelight the way Cardano or Tron is, but you should have a look at it. It has the same potential as Electroneum to outperform the current (and future) market.
This is a currency that aims to give everybody easy access to settle payments instantly in any way you want, be it crypto or fiat currency. It’s like Ripple for the masses, not just for banks.
Because of that appeal, traders and merchants are integrating Graft (GRFT) into their platforms very quickly and that will create trade volume and demand which will, in turn, raise the coin’s value. Remember: in the long term it will be usefulness, not speculation, that will decide which tokens rise in value and which ones will disappear.
Graft has also tried hard to comply with international regulations, which makes it a safer bet than many other crypto-coins.
Right now this is a somewhat obscure project, but it’s so well designed and useful that, as far as we can tell, the future looks bright for it.
For real-time trade alerts and a daily breakdown of the crypto markets, sign up for Elite membership!
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 thorough research before investing in any cryptocurrency and read our full disclaimer.
Image courtesy of Stevebp/Pixabay
The post So you want crypto to make you rich? Look at Electroneum and Graft appeared first on Global Coin Report.
Read more at https://globalcoinreport.com/electroneum-graft-could-be-next-crypto-stars/
Globalcoinreport.com/ is author of this content, TheBitcoinNews.com is is not responsible for the content of external sites.
TheBitcoinNews.com is here for you 24/7 to keep you informed on everything crypto. Like what we do? Tip us some Satoshi with the exciting new Lightning Network Tippin.me tool!