[2019 Cryptocurrency Rankings List] Top 10 Coins Looking to Make an Impact and Improve Value Next Year
While trading well-known and established cryptocurrencies among the top 10 by market cap is definitely a safer option, those looking to make a profit often attempt to bet on the underdog. In the crypto world, underdogs are many, and any one of over 2,000 altcoins may be the next big thing. This is what makes the hunt for undervalued cryptos that actually hold a lot of potential so interesting and exciting.
As crypto development progresses, there is only a matter of time before projects with real worth will skyrocket. This is why it is important to invest in undervalued cryptos before that happens. Right now, a lot of them have a value that is only a fraction of a dollar. However, after a while, they might be worth tens, or hundreds of dollars per coin. Because of that, we have created a list of 10 coins that are currently extremely undervalued, and have a large potential to explode in 2019.
1. Power Ledger (POWR)
Power Ledger is a crypto with a strong focus on energy trading. It offers consumers with solar panels to sell extra energy to others. The systems that are being employed right now are quite old, which is why POWR is very much needed. It doesn't use power stations in order to push energy to consumers. Instead, it aims to create a sense of community where neighbors would sell energy to one another.
It has a real potential to disrupt the energy trading market, introduce simpler trades, lower prices, and increase the sense of community. It also pushes the world towards green energy, which makes it friendly to the environment as well.
2. Nucleus Vision Coin (NCASH)
This is a unique crypto due to the fact that it spreads across several markets. It is especially interested in technology that uses an IoT sensor, which allows retailers to identify users via their smartphone data. In other words, the platform will work if a mobile signal is recognized. That way, stores can target specific customers with specific promotions.
In addition, the coin aims to improve security by employing the sensors. That way, it can determine whether a specific object was obtained legally, or was it stolen. All such data would be recorded on the blockchain. Clearly, these security improvements would be very useful in stores, as well as in workplaces, which is why a project has a great future ahead of it.
3. Substratum (SUB)
The substratum is the project that aims to use its coin, SUB, to create a decentralized internet. This is the same goal that TRON (TRX) has, with both projects aiming to provide users with unrestricted access to online content.
This idea is gaining more and more support as it spreads across, and the same can be said for this project. For Substratum, decentralization means freedom, and considering the amount of censorship, blocks, and alike that users have to face on the modern internet, projects like this are more than necessary.
Substratum will give anyone a place on its network, and those that decide to share their computing power will be rewarded with SUB coins. The process is easy, and earning the coins is quick and simple. The project has a lot of potential, as people wish the internet to lose all of today's unnecessary restrictions, which is why you should definitely keep an eye on this project in 2019.
4. Nano Coin (NANO)
Nano is a coin that aims to be used as a form of payment, similarly to Bitcoin. The goal behind the project is to allow users to perform transactions on a secure, decentralized network. However, it differs from BTC thanks to the fact that it doesn't need to be mined. Instead, the project uses a different type of technology known as block lattice.
By employing this process, nano can make transactions completely free, and instant. It also has no limit on the number of transactions that can be performed at once, which makes it the ultimate coin in terms of scalability. Considering how scalability has been one of the largest issues that the crypto world has been struggling with for the last decade, it is easy to understand why this coin is a big deal, and why it can grow a lot very soon.
5. Wanchain Coin (WAN)
Wanchain is a project that aims to create a new platform for distributing digital assets of the financial sector. Right now, most digital assets resign in a single place, and moving them to other businesses is quite difficult if a different blockchain platform is being used by the said business. Enter Wanchain, which will serve as a bridge between them, and allow business transactions to go a lot more smoothly.
In addition, the project offers special features such as a new function that can increase privacy and hide the amounts that are being moved. This will be especially important for companies that aim to keep their business transactions away from the public eye. Another feature includes the platform's ability to handle new crypto projects, and even host their ICOs. Finally, there is its ability to handle smart contracts, which will make it even more attractive. Obviously, the project has potential, as well as multiple very important use cases, which is why its coin will likely be a big deal once it becomes well-known.
6. ICON (ICX)
ICON is a project that wishes to improve connectivity between different blockchains, platforms, and systems, in general. By doing so, it will allow blockchain technology to increase its usage and development. In the end, it is expected that the project will create different networks for every industry and sector, with all of them being connected on a deeper level.
ICX would be able to store and transmit all the data across different blockchains whenever there is a need, and blockchain communication would be significantly improved. At the same time, barriers that we have to struggle with now would be taken down, which makes ICON a very ambitious and forward-looking project that will definitely take off.
NEO is already a well-known coin which is often considered to be “Ethereum Killer”, as well as “Chinese Ethereum”. Because of those names, a lot of people correctly assume that NEO is quite similar to Ethereum, with the ability to do things better and faster, which is basically true.
It focuses on smart contracts and dApp creation, and it allows users to achieve digitation of different assets. Basically, this means that real-world assets can get their digital version, which can then be shared among different owners. This might include anything, from food to cars, or even real estate. This is part of NEO's goal to achieve Smart Economy and impact the economy of the world.
The project continues to grow even now, and it is constantly making sure that all of its digital asset certificates are in compliance with regulations. Finally, the benefits of the system include an easy way to share and trade assets, purchase anything without the need for a middleman, and avoid high fees as a consequence. The project has a lot of potential, which is what the community has recognized a long time ago, and it continues to do so.
Wax or Worldwide Asset Exchange is a marketplace for digital assets. It is especially popular among gamers, mostly for purchasing and selling various in-game items. By selling such items, gamers can earn WAX coins, and then use them for buying other items or exchange them for fiat money or another cryptocurrency.
The gaming industry is huge, and WAX offers an ecosystem that can solve some of the largest problems of this industry. This is one of the most successful projects that targets gamers, which is why WAX is definitely worth investing in. It is creative, it solves gaming issues, and it already sees very large amounts of money due to the popularity of gaming.
9. Po.et (POE)
Po.et coin is a cryptocurrency that aims to protect online content, as well as its creators, By using blockchain technology, this project aims to help creators with a time-stamp, which can be used for proving authorship and ownership. This is deemed necessary due to the fact that it is easy to steal other people's content online by simply copying it and claiming that it is yours.
With blockchain, developers can create a much better licensing system than the current copyrighting options. Authors and publishers would be able to register their work with ease, and without troubles regarding the ownership of the content. The platform would work with all types of media, not just the written word. In addition, the value of POE would go up with an increase in the number of participants, which would increase the quality of the content.
Basically, an entirely new marketplace would appear for creators. If their content gets popular enough, they would be able to make revenue via requests for accessing the content. Since nothing can be hidden if it gets recorded on the blockchain, nobody will be able to secretly copy the content or claim it for their own without being caught.
10. WaBi Coin (WABI)
Finally, the last on this list is WaBi — the coin that focuses on supply chains and shipment tracking. This has grown to be a very popular use case of blockchain technology, as users can track products from factories all the way to the shelf itself. WaBi will log and track items in real time in a very efficient and affordable way.
As a result counterfeiting and smuggling would be eliminated, while sickness and potential death from bad products would be reduced, if not eliminated as well. The products will be tracked via RFID labels, which are basically tags that will break if someone tries to tamper with them. This makes WaBi a great undervalued crypto, as it solves a very important issue that can otherwise have significant consequences. This is yet another example of how cryptos and blockchain can solve massive real-world problems, which is why investors should definitely consider supporting this coin before it grows big.