The crypto markets are in disarray. Bitcoin continues to hover at less than one-third its all-time high price. Many of the altcoins are down 90% or more. While this has caused many media figures to call cryptocurrency a failed experiment, others aren’t so sure. Might this be the time for an investor to double down? To buy Cardano and other worthy projects while they’re cheapest?
This Bear Market’s Best Altcoin Bargains
Few new altcoins have distinguished themselves since the beginning of 2018. Most of these were known before the crash, and they’re very likely to bounce back.
Cardano, Japan’s Ethereum, is closer to completion than ever. We can all agree today that its all-time-high price of $1.22 was too much too soon. But if the project launches during a market recovery, we could see past highs eclipsed by new price records. With Ethereum straining to adapt to greater demand, expect a shiny new Cardano to make a huge impact on the international smart contract space.
Many of our top bets for the future are smart contract platforms. Tokens like these are not uni-taskers (they’re more than money). NEO has expanded its dApp offerings during 2018’s darkest days. iMusify, NEX, QLink, and affiliate project Ontology – all these and more continue to make NEO arguably the most active and relevant smart contract platform in the world. With a host of impressive games debuting on the system, and offices opening in Switzerland, expect NEO investments to recover enormously when the bulls return.
Elastos ‘ novel method for storing web applications in the cloud, the Elastos operating system, the Elastos TV Box – these are only a few of the innovations that did not get their proper due when Elastos quietly entered the markets last year. This 17-years-in-the-making blockchain platform could be a unicorn. With prices well below 10% of all-time highs, and a tiny total supply, the number of those buying Elastos ELA could soar.
Dogecoin may have the best community in the industry. The light-hearted cash coin can be used as currency through numerous vendors around the world. Doge fans use the coin for charity, remittances, and investment in worthy innovations. Dogecoin has a bulletproof brand, and we expect to see it surpass past highs in the not-too-distant future.
ARK is Delegated Proof of Stake done right. Stakers earn about 10% annually in passive income, just for keeping their ARK tokens in the system. With mainnet on the verge of release, ARK will become “the WordPress of Blockchain” – a way for anyone to create their own blockchain and associated tokens with the push of a button. Adding new developers left and right, 2019 will surely be a big year for ARK.
Quietly creating a scaling solution that could take big pressure off Ethereum in the short term, RDN is trading at less than $1 and looks like a sleeping giant.
If crypto recovers, all of these and more altcoins are likely to exceed past records. Today could be the day to buy.
(*Information in this article should not be taken as investment advice.)