Disclaimer
The Altcoin Game has changed – prior superstars, trusted by many, could write narratives about their Near Death Experiences. They are still in the coma room and don’t look like the soft whispering of their hodlers could inject life into them again. The world of crypto is yet young – and of course, many of these projects will fail hard. Though, over the course of the last 6 months, you can observe how a next-generation arose of cryptocurrencies arose: advanced tech, inbuilt price stabilizing mechanisms and brand new ideas made use of the blockchain to build the base for new coins and tokens, which have much room to grow. Find a selection of our favorite buy & hold projects.
HOLO (HOT)
Holo is a decentralized hosting platform that aims at providing decentralized applications for crypto-users. Holo’s HOT token which is built on the Holochain network has largely been used as frameworks for distributed applications. Users of the holochain network are offered with a distributed autonomy which is built into the network’s architecture and protocol. You can find a more elaborate post about Holo here.
Despite the gloomy market conditions depicted by the major coins(read Bitcoin, Ethereum and Ripple in the past two months, HOT tokens have seen a spike of over 55%. HOT has generated critical acclaim from reputable personalities and firms, this has been one of the reasons for its remarkable strides. A decentralized system with few bottlenecks coupled with seamless validation mechanism has seen the token become a favorite for many investors. The ability to share, access and store data has also become a major pull-factor for HOT.
Website: https://holochain.org/
Exchange: Binance
ICON (ICX)
The ICON network built by Korean Fintech, Dayli, is designed to be a link connecting different networks and communities across diverse location. Hence the network has been popularly branded the blockchain of blockchains. ICON allows anyone to create a blockchain project and link it to other existing projects on the Network. ICON’s uses smart contract features that allow the linked communities to remain autonomous, hence value can be exchanged in real-time without compromising on privacy.
There are several reasons why investors should take a keen look on ICX, chief among them is the credibility and reputation of the team behind ICX and their partners. The Dayli group is well renown in Korea for launching over 40 successful Fintech products and companies. ICON itself also boasts of several reputable partners in the financial, medical and academic industries. With such reputable founders and partners, holders of the ICX coin might see some nice gains in the future.
Website: https://m.icon.foundation/
Exchange: Binance
ALQO (XLQ)
ALQO is a great German/Switzerland project. We wrote already a lot about ALQO, what it is and how it works. There are three goods reasons to hold ALQO – but these three reasons have a single name: The Libra Effect. This effect makes ALQO literally a passive income machine (and that while sustaining a low supply): 1. Their masternode concept is a working great concept, where you (yet) can get it pretty cheap. 2. The VERY easy cold stakeing which has just launched on Liberio.app (just hold your XLQ there and become rewarded). 3. The Bitfineon share pool. The last one is very interesting. Bitfineon will be Fiat to Crypto exchange from Germany/Switzerland, sitting on a proper legal base. They deeply integrated XLQ into their platform as base currency – The good thing is they are ABOUT TO LAUNCH in Q4- yes, it is not yet live, but the launch is slowly pricing in. So we found it smart to be in XLQ early when we posted about it. The exchange will pay XLQ from the sharepool and let XLQ holders participate from the success of the exchange. To us, these are three good reasons to hold XLQ (besides its premium quality tech which is whole plethora of projects) and the low supply.
Website: https://alqo.app/
Exchange: CryptoBridge
Telcoin (TEL)
Telcoin is an Ethereum based ERC20 token that is aimed at bridging the gap between service providers and blockchain technology. The project aims at offering access to cryptocurrencies and financial services to people leaving in remote regions with no access to banks or financial services. The mission of this project is to promote the mass adoption of cryptocurrencies by banking the unbankable.
Telcoin hopes to interlink network providers and subscribers to leverage on the remittance market and the e-commerce potential of low-income individuals. While 40% of the world population has access to banks and financial services the remaining 60% has no access to any kind of financial services. Telcoin presents a unique and solid business model that is geared to tap into this vast potential. If successful the project is going to generate massive returns for its investors.
Website: https://www.telco.in/
Exchange: Kucoin
Polymath (POLY)
POLY is a token-based projected that is aimed a tokenizing the securities market. POLY aims at transforming traditional security assets (stocks/securities) into digital assets on a blockchain platform. The polymath securities token platform has three main layers application, legal and protocol that are geared ensure that tokens issued over the platform comply with guidelines from regulators.
While the coin has not generated much hype in the industry or witnessed massive upsurges in its prices, it still offers lots of potential due to its ability to solve a real-life issue. With the growth in cryptocurrencies destined to continue, ICOs and STOs are bound to be a mainstay of the crypto-ecosystem. It is likely for POLY to grow steadily in our opinion.
Website: https://polymath.network
Exchange: Binance
Whatever floats your boat – diversification is key. A healthy portfolio should have more than five coins/tokens in it and should be rebalanced from time to time. Also, we’d not to suggest to buy in all at once – far better is to use the technic of dollar/cost averaging, by buying a fixed amount of investment dollars, for example, each second Friday (in a a fixed rota).
The post Five Precious Next Gen Coins To Buy And Hold appeared first on Smart Options.
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