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TRX – ETN – BNB – Crypto coins are no longer the suspicious digital asset of 2010. In recent years, they have shown remarkable signs that have kept investors on their toes. Apart from trading, one major way to massive income with these assets is to hodl them.
On the contrary, 2018 had been tough for some Cryptocurrencies, and hodlers are already reconsidering their stand. A behemoth partnership means a lot for a crypto coin. 2018 had been great for some coins which forger partnerships that increase their value. But aside this, holding is still a great tool. But how long can one hodl with continuous dip in red that many cryptocurrencies had faced?
Three Coins To Look Out For
Even though the year had not been rosy for most coins, there is still chance to hit it big in 2019. However, investors should look out for coins that have shown signs of faring better in coming months.
The question on investors’ minds is whether hodling is still worth it. Many coins have been in the red for months and this is perhaps, inclination of things to come. Crypto traders might have reached the bottom but there is still glimmer of hope on three coins that have shown futuristic potentials – Tron (TRX), Electroneum (ETN), Binance (BNB).
Despite Challenging Market, Tron (TRX) is Still Rising
Whenever a crypto coin hints on a partnership, following events are normally turning point to its growth. For better part of 2018, Tron (TRX) had been into major partnerships. The coin which had sought to decentralize the web left no stone unturned in chasing after a cyber space that will be accommodating to all.
It won’t be bad idea to hold Tron’s TRX. The ripple effects created by its partnerships stamped the coin’s feet in the crypto sphere. As 2018 comes to an end, the coin will do better in 2019. Since its launch, Tron (TRX) had been a top performing crypto coin. Despite the challenging market (which had affected many coins) Tron (TRX) still shows signs of growing in coming months.
Tron (TRX) Overthrows Cardano (ADA)
As part of signs as a great investment option, Tron has been maintain a winning streak in the market. While aiming for the zenith, Tron (TRX) displaced Cardano (ADA) from the 10th position with market cap to stand among the top ten largest crypto graphic project on the market table.
$3.75 Mark in the Offing
Despite red months in the crypto sphere, Tron (TRX) is about hitting the $3.75 mark. Analysts are of the opinion that the coin will hit the $3.75 mark before the end of 2018. This is not mere speculation. Tron’s (TRX) partnerships and widespread acceptability will play major role to its value. In the light of this, hodling the coin from coming weeks to early months of 2019 won’t be bad investment.
The proposition had gone further to stress the coin’s tendency to hit the $12 mark by the end of 2019. The value is expected to clock $52.91 by the end of 2020. While these assertions might seem analysis taking too far, it should not be wished.
Tron (TRX) has potentials to reach this climax. Moreover, the crypto sphere is rather interesting – the tide can turn anytime.
Binance (BNB) is Asset worth Hodling
Popular coins have taken front stage; leaving others to trail behind them. The Binance Coin (BNB), the native token of the Binance crypto exchange had in recent months, shown impressive signs. Analysts believe BNB is an asset worth hodling. The assertion is truism because of some congruent reasons.
First, the discount traders get when transacting with the coin saves them lots of money. The drive to massive adoption is in the offing. The coin had held strong as Bitcoin (BTC) and many other cryptocurrencies were tumbling.
Binance Coin (BNB) had been chosen over Tether after the latter showed signs of shady deals. The coin had broken out of a triangle and gained recognition in the crypto sphere. Haven traded favorably against Bitcoin (BTC) in the year, the future looks brighter.
To be rest assured of the potential of the altcoin, the exchange which its represent as a native token is the largest crypto exchange platform in the world, and it is based in Asian where they have mammoth populatan. Hence, Binance (BNB) is sure of getting massive adoption and this will for sure increase its liquidity and value.
Investors should not be at wits end hodling the coin ahead of 2019. Binance Coin (BNB) will do better next year and might just be the next big shot in the crypto community.
Watch out for Electroneum (ETN)
The tons of alt-coins created opening for Electroneum (ETN). Since its launch, the coin had facilitated payments from mobile devices. Despite dropping many times during the year, tendencies are high that 2019 holds a lot for the coin.
Can Coinbase be the Leveler?
Electroneum (ETN) is yet to get listed on viable exchange like Binance. There are indications that a Coinbase listing is in the offing before the end of 2018. While this is good news, the current pump and dump scheme on Coinbase can work against the coin.
From another view, Electroneum (ETN) can get needed increased value from Coinbase. Whichever way the ball tilts, the coin is poised to do better on any exchange.
A $1 Mark is Achievable
The coin is expecting new products to its payment system in 2019. When this is brought to play, an increase of $0.4 is expected in the early months of 2019. Analysts are of the view that Electroneum (ETN) can, with the right moves achieve the $1 mark by the end of 2019.
The coin’s partnerships are real help to its increased value. It would be good idea hodling the coin as 2019 approaches. Electroneum (ETN) had in January 2018, partnered the mega soft telecommunication company, XIUS. The $1 billion per month transaction deal gives the coin access to XIUS’ 65 million subscribers.
It had gone on to achieve the same feat with Unified Media which has large user base. These partnerships imply increased value for the coin. Hodlers will have broad smiles on their faces in 2019 when the coin gets bullish.
Hodl for Profit
Hodling a crypto coin for long when hoping for better value is risky. Despite this, Tron (TRX), Electroneum (ETN) and Binance Coin (BNB) are three coins to look out for in 2019. Their individual performance in 2018 is proof that coming months has a lot in stock for them. Hodling these coins while going into 2019 are great way to hitch ride to riches.