You know what the greatest thing about trading crypto is? There’s always another fish in the sea. Just because you missed the latest entry point for Bitcoin, Litecoin, or Ethereum, doesn’t mean you missed a chance to make some serious money. There are a number of great blockchain projects out there, and some even have the potential to rival the most popular coins in the industry.
If you don’t know what to look out for, you’re in luck. Because in this article, you’re going to get a sneak-peak at three of our favorite cryptocurrencies and why we like them. Let’s get started.
EOS is commonly referred to as the “Ethereum killer” because of two reasons:
- It focuses on decentralized applications (dApps), a market that was historically associated with Ethereum.
- It contains a powerful infrastructure designed to support commercial-scale dApps.
According to EOS’ developers, its infrastructure is designed to handle more volume than Ethereum, making it easier to accommodate commercial applications without creating bottlenecks that affect scalability and speed.
Oh, and guess what. Popular American exchange, Coinbase, recently started trading EOS. So you can expect for the coin to gain more attention as cryptocurrency is slowly making its way back into contemporary society again.
NEO is another coin that was referred to as the next “Ethereum killer.” While that’s yet to be seen in the five-plus years the currency has been around, one thing’s for certain––NEO has proven itself as a solid cryptocurrency.
And NEO’s gotten a lot better by upgrading its network recently, even adding a high-priority transaction fee for transactions larger than 1024 bytes. This is good news because it protects the network from malicious attacks that affect transaction times and miner fees (2017 Bitcoin mempool attacks, anyone?), but rest easy, these network fees shouldn’t affect the everyday user. This, in turn, increases NEO’s functionality, making it a practical coin for digital transactions.
Binance Coin (BNB)
We aren’t thrilled about Binance’s recent decision to pull out of the US market. Still, that questionable decision doesn’t mean the world’s largest cryptocurrency exchange is leaving anytime soon. If anything, Binance plans on solidifying its place as the number-one exchange by releasing country-specific trading platforms for the US and various other markets. If that goes smoothly, you can expect BNB to continue its upward trajectory.
Since the start of 2019, BNB has increased by roughly 420% and continues to make gains. So, be sure to keep your eyes peeled on Binance and how it performs over the course of the next few months. That’ll likely determine whether BNB continues to be a major altcoin contender.
Stay current with EOS, NEO, BNB and all the other popular cryptocurrencies by bookmarking CryptoTraderNews. There, you’ll find up-to-date information on blockchain projects, the crypto markets, upcoming ICOs and more, with groundbreaking news published in real-time.