The crypto market has been extremely volatile in 2019 and although a lot of people managed to make fortunes from the volatility, others have tried their best and fell short, missed out on great opportunities or they were on the losing side of theor trade. Whatever the circumstances of your portfolio, all-in-one coins may tackle the challenge of volatility by providing a single coin that features the top 10 cryptocurrencies based on market capitalization. This is a unique idea to consolidate risk to battle volatility within a single token.
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Apollo, a cryptocurrency built off the NXT platform has been commissioned to become the most advanced, feature-rich currency available. Its main goal is to provide users with an effective all-in-one currency with which they can buy and sell with complete assurance of privacy. Apollo will be the first cryptocurrency to give users the ability to invisibly buy, sell, send and receive, all while offering significantly more features than its competition. This stealth mode is accomplished by
offering a private transaction option, IP masking, coin shuffling, unblockable nodes, and an integrated decentralized exchange. Apollo, with its large community and team of world-class professionals, plans to deliver this currency, redefining the industry and raising the bar for all-in-one coins.
Over the past decade, the world has seen many different cryptocurrencies. The creation of Bitcoin in January 2009 was a timely intervention during a period when investors around the world had lost faith in centralized financial systems. The deep-seated corruption that was unmasked by the 2008 credit crunch, was a warning that we can no longer trust anyone but ourselves with our finances. The continued problem of security regarding our identities and privacy has become a burning issue.
Harvard Business Review quoted, “To protect the blockchain vision from political pressure and regulatory interference, blockchain networks rely on a decentralized infrastructure that can’t be controlled by any one person or group.”
This freedom-inspired blockchain is the core vision of all-in-one coins. All-in-one coins have a purpose and that is to replace several niche currencies with one platform combining the best features currently available. Bitcoin is the product that gave birth to the blockchain technology revolution and its creator, Satoshi Nakamoto, could only foresee a certain number of problems that this currency could solve.
By 2018, Bitcoin had moved past the creator’s goal of being the perfect alternative means of exchanging value, to what is now a less-than-efficient cryptocurrency. Bitcoin transactions face the problem of being extremely slow, so much so that a transaction can sometimes take days to confirm thus making it unrealistic to be used by businesses. Additionally, transactions on the Bitcoin Network are expensive and users who make small payments often have to pay transaction fees which is often prohibitive. These problems led to solutions by way of altcoins, utility, and security tokens.
The market is crowded with several token offerings and there are well over 2,000 cryptocurrencies in the marketplace or in development. With an overwhelming amount of choice, traders often miss out on the advantages of a single powerful coin that could perform better than the rest. All-in-one coins have given new hope to the crypto community who seek to turn volatile markets in their favor.
In 2020, we expect more all-in-one coins to be launched and supported by the crypto community. Inclusiveness, trust, and stability are core values for the existing all-in-one coins in the market. We’ve introduced Apollo, but two more all-in-one cryptocurrencies are Abra and AIO Coin. There are others! Which ones have sparked your interest? We’d love to know.
Disclaimer
Content provided by CryptoTraderNews is for informational purposes only, and should not be construed as legal, tax, investment, financial, or other advice. All information is of a general nature. As always, there is risk with any investment. In exchange for using our products and services, you agree not to hold CryptoTraderNews Pro, its affiliates, or any third party service provider liable for any possible claim for damages arising from decisions you make based on information made available to you through our services.
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