It’s possible that you aren’t familiar with altcoins, or even if they have been mentioned, not for long.
We don’t blame you. With over 1000 cryptocurrencies available today, as well as so many new operations appearing every week, you may not know where to start.
There are a few altcoins worth the hype.
Keep it simple. Let’s walk through the top four cryptos of today so you can determine if these are good for your portfolio.
Raiden (RDN)
Raiden will be familiar to Ethereum enthusiasts.
RDN is a coin you should keep your eye on if it’s something new to you.
That’s because Raiden is like Bitcoin’s Lightning Network – it’s Ethereum’s off-chain scaling solution. Raiden facilitates micro-transactions that are private and almost instantaneous. Raiden’s optimization dynamics could be huge, particularly if the ether market booms.
Right now, RDN’s circulating supply is 50,000,000, with its total supply being 100,000,000 RDN – the same general ballpark as Ethereum.
At the moment, one RDN token costs approximately $2.00 US dollars. Raiden’s price may realistically reach $10 over the next few months.
It is currently available on KuCoin, Binance, and other exchanges.
ChainLink
ChainLink can be described as a decentralized network of oracles.
It is currently only traded on Asian exchanges, such as Binance or KuCoin.
ChainLink is a great alternative to traditional fencing. “translator” Blockchain smart contracts can be used to combine off-chain data, such as market data, bank transactions, and other resources.
It has ramifications huge LINK will adopt new members in the future.
The crypto-space is already using Oracles, but they have all been centralised, for example. Through exchanges.
With ChainLink, though, anyone – individuals or institutions – will be able to open up and run their own oracles, decentralizing the space. It means that the “old world” In the future, LINK could help you to put your data on the Blockchain.
LINK is a very good value for money.
Currently one LINK costs around 16 cents. The total number of LINK tokens is 1,000,000,000.
Confido (CFD)
Confido, a cryptocurrency escrow payment service is poised to remove all of the frustrations associated with buying goods online.
You’ve probably bought things online, only to get them in horrible condition or even never receive them at all. Confido will make this dynamic history.
This is how it works. You pay into a Confido smart contract for a delivery. After the item is delivered, you will have 24 hour to return it. “dispute” Confido is the best way to get a refund if you receive less money than expected.
Confido will also cover you if your item does not arrive. Confido returns your payment after a dispute, or in the event of a non-show.
Confido is a consumer protection service that’s available to online buyers.
What’s better? The coin’s circulating stock is currently 9,000,000.
CFDs could be priced to soar soon with such a limited supply.
OmiseGo (OMG)
You’ve heard about OmiseGo.
The most popular ERC-20 Ethereum Token.
Coinbase announced on Monday that they will begin accepting OMG. “Coinbase Custody” For institutional investors, United States’ largest crypto exchange plans to add ERC-20 tokens
OMG, according to Coinbase’s guidelines on digital assets is one of the strongest candidates to be listed as early.
OmiseGo, in particular, is a blockchain-powered decentralized service for payment processing.
OmiseGo will allow you to make payments for any product or service. You can also find out more about us. with anything – or to receive payment in any currency.
OMG tokens currently hover in the $8.30 area. It is not difficult to imagine that OMG will reach $100 in five or ten years.
