top crypto altcoins to buy under 1$ in 2018
The value of Bitcoin has been rising continuously setting its price all time high every other day,
crypto currencies have became hottest Investment option for many Investors. Since the price of
Bitcoin has been touching the sky ,investing in other alternate crypto currencies will have the
best chance to yield good returns for the Investors.
we have more than 500 alternative coins to Bitcoin. Selecting the best coin among them can
change your life. However, if you selcect the wrong one you may face huge losses.
Let us discuss some of the top crypto altcoins to buy under 1$ in 2018.we selected them on
basis of market capitalization, demand , popularity, and real world usage.
[mlink subhd=”Must read” link=”https://slashcrypto.com/best-cryptocurrency-to-invest-2018/”]Best Cryptocurrency To Invest in 2018:Best altcoins to bitcoin[/mlink]
Top Crypto Altcoins to buy under 1$ In 2018
Here is the list of best top crypto altcoins under 1$ to invest in 2018. These altcoins have great potential
to rise in this year.
Tron is a block chain-based decentralized protocol. Its main aim is to construct a worldwide freecontent entertainment system with the blockchain and distributed storage technology. The price
of Tron is still under $0.20 with a capitalization of $9,669,060,682 . The founder of Tron Justin
Sun is active on Twitter updating the latest developments and partnerships of Tron. The price
can go higher in this year.
The purpose of Stellar is to enable lowcost interbank Money transfers ,control fraud, micropayments. It was developed by a Non -profit Organization called Steller Development Foundation. its current price is $0.61with a market capital of $11,352,762,034.
Verge is a decentralized currency helpful for users who like Privacy. verge is the most popular altcoin that has most discussed in social media. The crypto Expert Jhon McAfee stated hisinterest on this in his twitter account. He tweeted that Xvg is best altcoin to invest under 1$.The current price of Xvg is $0.20 with a market capitalization of $2,980,161,202.
Siacoin is a decentralized cloud storage platform. They provide services like bandwidth, Cloudstorage etc.SC is developed by Sia Company. The price of Siacoin is $0.07 with a marketcapital of $2,490,530,691.
PotCoin is used to facilitate secure transactions for legal cannabis or marijuana community transactions. Its present value is $0.36 with a capitalization of $79,576,194.
DGB is a decentralized payment network inspired by Bitcoin. Its main feature is lightning fast transactions with minimal or zero fees allows you to transfer money over the internet. The priceof DigiByte is $0.11 with market capital of $1,142,630,819.
Cardano is a fully open source decentralized public block chain project. Its main Aim is to build a decentralized Economy. the price of Cardano is $0.81$ with a market capital of $22,316,259,278.
BTS is a open source and decentralized exchange.BitShares has a lot of unique features like scheduled and payments and it is more stable altcoin than many others. its current price is $0.7271 with a market capital of $1,895,480,696 So far these are best altcoins to invest in this year.
[mlink subhd=”If you have more than a dollar” link=”https://slashcrypto.com/top-altcoins-that-you-can-invest-in-2018/”]Top Altcoins that you can invest in 2018[/mlink]
All these coins have huge opportunities to rise 5x times from their current position. Always do your own research before going into any investment and choose the best option.
Leading Crypto Altcoin may Drop 40 Percent if Support Fails
Leading Crypto Altcoin may Drop 40 Percent if Support Fails
While Bitcoin has enjoyed a productive year so far, the Altcoin market has been quite slow. Only two out of the thousands of altcoins on the cryptocurrency market were able to outperform Bitcoin throughout the first half of 2019.
But there could be more trouble in the near future for the altcoin market, particularly Binance, as crypto analyst predicts a 40% decline if the next support levels fails.
During the first half of this year, Binance made several announcements, launched a DEX and margin trading among others. Between the consistent positive media attention and the Binance Launchpad platform for IEOs using the native crypt token of the exchange, pushing demand upwards, the altcoin known as Binance Coin’s value increased drastically as a result.
But in June, things started to go south for the so-called crypto market poster boy. Binance revealed it will soon be shutting its doors to US-based investors – a category of crypto investors that make up the majority share of the market.
The move is to comply with international financial market regulators, who don’t want the U.S citizens to trade certain crypto assets that may be deemed securities or fall under certain regulatory guidelines.
Instead, Binance will close deposits and trading for these customers, and drive them into a new US-based Binance exchange with just 29 Bitcoin and alcoins under consideration for inclusion.
The uncertain circumstances regarding the future value of Binance Coin, how it is implemented in the United States market, if at all, and several other unanswered questions persist, and it’s causing the value of Binance Coin to fall.
One crypto analysts believes the current value of Binance Coin could drop a further 40% if support doesn’t hold in BNB price charts.
The analyst wrote on Twitter, “If you are holding @cz_binance’s coin, you sure as hell want to see a bounce from diagonal support + 19.5k area. Failure to do so, next support is nearly 40% lower
Exchange will close access to USA accounts in 2 days – curious to see this play out.”
Binance Coin has been one of the strongest performers in 2019, surpassing both Bitcoin and Litecoin as the best performing crypto asset in the market. Outside these three assets, however, the rest of the altcoin market has been performing poorly.
Much of altcoins bleed out is blamed on the lack of investor willingness to take the regulatory risk related with some of the more exotic altcoins found on Binance and other platforms. There is fear that these altcoins cannot be traded in some jurisdictions, basically making them worthless to some investors.
Instead of getting caught holding permanently heavy loads, investors have been avoiding altcoins in favor of the more regulatory friendly Litecoin and Bitcoin.
Source Link: https://www.newsbtc.com/2019/09/10/leading-crypto-altcoin-may-drop-40-if-support-fails/
UpBit to Delist all Private and Anonymous Altcoins Soon
Various cryptocurrency exchanges continue their war against privacy coins. Some governments around the world have taken exception to the currencies providing more anonymity and privacy than Bitcoin ever will. As a result, UpBit has confirmed it will remove all trading pairs which fall under this category. A worrisome development, although it seems unlikely too much will change for these markets.
Regulation in South Korea
It is not uncommon to see trading platforms delist certain currencies every now and then. It is pertinent for these companies to get the most bang for the buck regarding the resources they provide. Additionally, exchange operators have to adhere to very strict guidelines imposed upon them by their local government. More often than not, those rules force companies to make tough and unpopular decisions. In the case of upBit, there isn’t too much they can do about the current demands.
For the South Korean exchange, adhering to the FATF is the number one priority. This organization regulates financial service providers regarding anti-money laundering protection. Additionally, a new commissioner was appointed for the FSC, the Financial Services Commission. Combined, they are seen as a joint task force which seeks to regulate all financial aspects of South Korea, either for better or worse. For cryptocurrency exchanges, it forces them to abide by those organizations’ guidelines at all times, even if they don’t necessarily agree with them.
The Coins to be Removed
Anyone who has kept close tabs on cryptocurrency regulation in Asia may have noticed a peculiar trend. Governments genuinely oppose privacy and anonymity-oriented cryptocurrencies. This trend has become apparent several months ago and is now seemingly spreading to other regions across Asia. In South Korea, it forces exchanges to delist Monero, Dash, ZCash, Haven, BitTube, and PIVX. All of those currencies are considered to be a threat regarding money laundering when using cryptocurrencies.
While this particular “law” isn’t overly popular in South Korea, it isn’t something that will be changed either. Especially with the new FSC commissioner at the helm, it seems likely to assume a further crackdown on these types of currencies will occur fairly soon. That in itself would be rather interesting to watch, albeit it could also spell trouble for these altcoins. Until recently, getting listed on a South Korean exchange was the main objective for these projects. Now that they are getting removed, a very troublesome shift lies ahead.
No big Volume Loss
Although a delisting of altcoins can be problematic, it seems unlikely that much will change for these particular projects. UpBit has never generated much trading volume for any of the pairs mentioned. ZCash is the one with the most volume over the past few days, although the $450,607 in trades won’t make much of a difference. Haven Protocol and Moner are further down the rankings, further confirming South Koreans using this trading platform never showed much interest in those pairs to begin with.
The bigger problem is how other trading service providers will respond. Stories involving Monero, Dash, and others getting delisted have become fairly common. As such, the Western exchanges may start to rethink their position on these particular assets as well. If that were to happen, the altcoins mentioned above could find themselves in a rather unfavorable position altogether.
Altcoin Season on the Horizon? Bitcoin Dominance Hits Reversal Point
Altcoin Season on the Horizon? Bitcoin Dominance Hits Reversal Point
Despite the drawdown in the price of Bitcoin — which some analysts say would result in a change of tides for altcoins — BTC dominance continues to tick higher. As of the time of writing this, the key market metric is approaching 70% for the first time in years, implying that once again, almost all cryptocurrency inflows are making their way into Bitcoin.
But, as time passes, an increasing number of traders have claimed that a so-called “altseason” is on its way.
Bitcoin Dominance Hits Key Mark
In March 2017, the world was shown the power of “altseason” when thousands of what were then little-known crypto assets exploded. If you were to peruse a site like CoinMarketCap during that time — no, era — you would see countless seemingly random digital assets posting 50%+ or even 100%+ days. This occurred for big caps, not just small no-name cryptocurrencies.
In 2017’s mania, Ethereum, for instance, rallied from $10 to $1,400, making many cryptocurrency investors fortunes.
At the start of the altseason, Bitcoin dominance was around 70%.
According to a recent tweet from Bitcoin Birch, a founder at crypto startup Lunar, the last time this key metric flirted with this round level, the biggest altseason in history was kicked off shortly after, when BTC fell off a cliff relative to altcoins.
Indeed, in March began a sharp downtrend in Bitcoin dominance, which ended when the figure hit some 32% in early-2018. Youch.
There’s no saying that the same will happen again. But, there are other signs pointing towards an impending resurgence for altcoins — or at least a lull in the bloodbath.
As reported by NewsBTC previously, Adaptive Capital partner and analyst Willy Woo believes that altcoins may soon find some support against Bitcoin. He posted the below image on Twitter, which shows that the altcoin capitalization-to-Bitcoin capitalization ratio and the altcoin market volume-to-Bitcoin market volume indicators are currently “heading into a region of support.”
Indeed, as the Bitcoin-centric Adaptive Capital partner chart depicts, the two aforementioned indicators are currently poised to encounter two key lines of historical support. Should history repeat itself, altcoins should bounce in the coming months, potentially to kick off what crypto traders call an “altseason”.
Also, last week the TD Sequential indicator flashed a sell nine candle for the one-week Bitcoin dominance chart.
Will There Really be An Altseason?
While these indicators are pointing towards an altseason, NewsBTC would be remiss not to talk about the other side of the story.
Responding to an inquiry about altcoins, Anthony “Pomp” Pompliano, a partner of Morgan Creek Digital, wrote that he believes “almost every single one will eventually be worthless because there will be no liquidity and they will get delisted from exchanges.”
Indeed, over recent months, exchanges begin a mass process to purge lower-quality/non-popular crypto assets. Bittrex, for instance, has delisted some 50 altcoins for U.S. clients this year; the SEC has ramped up its attacks on this sector; and Binance’s flagship platform, which supports a swath of cryptocurrencies, has decided to pull out of the U.S.
Also, data shows that the altcoin market remains very illiquid. Arcane Crypto found that if you measured a cryptocurrency’s dominance by weighting the market capitalization of all cryptocurrencies against their trading volume, “Bitcoin’s market dominance is pushed well above 90%.”
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