To invest in a cryptocurrency which has a clear end goal and seems to be relevant in this era is interesting. Investing in a cryptocurrency which is ready to be accepted by the masses has a long way of functioning and attracting new investors. Nevertheless, it is easier than ever to select the right cryptocurrency to invest in.
Despite the market crashing over this past week and specifically over this past day, we’re going to go through some cryptocurrencies you should look into which have potential to be big in the future.
Please note that we are not financial advisors and this is not financial advice. Investing in cryptocurrency is a risky venture, so only invest based on your own research and invest with money you can afford to lose, always remember to trade safe!
We’re sure you’ve all heard of this one before. Zcash is an open-source cryptocurrency, which describes itself as ‘if Bitcoin is the HTTP of money, Zcash is the HTTPS of money’. The digital currency is one of the most underrated assets in the industry considering its functions and features. Zcash has a lot of security behind it so users will be able to trade and put their mind at ease. Back in 2016, Zcash was worth around $4,000 however, with the markets crashing recently the token is now worth $87 but we know that the potential is there for it to reach four figures in the future.
As reported by ZyCrypto, this currency was launched by the TRON Foundation to ensure that is was to be effective and reduce cost in the sharing of digital contents. TRON is a blockchain based decentralised digital platform and last year the foundation revealed that they were introducing a free global digital content entertainment platform which looks to encourage free sharing of digital contents by the omission of intermediaries.
TRON was initially launched to hold the gap between content consumers and content producers and lowering the cost on the part of the consumers. TRX, or Tronix, is the currency which is used on the platform so when users make a payment with TRX and this is received into the producer’s wallet the producer will then be able to despite whether to withdraw by exchanging another crypto.
What are your thoughts? Let us know what you think down below in the comments!