Supply chain cryptocurrency

Cryptocurrency Low transaction fees

Privacy / cryptocurrency that cannot be tracked

Cryptocurrency dApp protocol

Exchange specific crypto currencies

Supply Chain Cryptocurrency: Waltonchain

This is a difficult choice between many potential competitors for success. Between Vechain, Waltonchain, INS Ecosystem, Ambrosus, QTUM, Shipchain and Origintrail, there are various projects with enormous potential in this space. I chose Walton (WTC) because this is the first driver and has the most stable partnership, so if I will bet safely on the potential of shooting in the 50th month, this will be my choice.

Waltonchain builds multi-layered programmed application interfaces, focusing on RFID tagging, and basically forms networks for supply chains and inventory management. Compared to his peers, it goes further along the development path and has completed major milestones recently such as rebranding and its industrial partnership (China Mobile, Fuyao Glass, Fujian ST Electronics).

While Ambrosus and INS are very interesting projects (they are on my list for undervalued coins that you can buy at Binance), they still have projects with low risk-high market cap. The Waltonchain has ups and downs like coins, but at the moment it has more credibility than its Vechain competitors. With the imminent rebranding of Vechain, the lack of details about the sustainability of the masternode, and the very strange trading volume at Lbank, I will put my egg in the Walton basket.

Also read: 5 Best Countries for Bitcoin Investors and Cryptocurrency

Cryptocurrency with low transaction fees: Nano

Transaction is the core function of cryptocurrency - it is in the world itself. When Bitcoin slid to a lower daily volume (the lowest since 2016), coins such as Bitcoin Cash, Ethereum and Nano took slack. Ethereum, while being a viable way to exchange values, does not really meet the criteria of 'pure transactional'. Good Ripple, because it was developed to be used as a message layer between banks. This leaves several competitors such as Bitcoin Cash, Litecoin and Nano. If you bet on increasing cryptocurrency basically every metric (number of users, volume or adoption traders) this year, you also bet that some projects will emerge as definitive media transfer values ​​between users, traders and exchanges.

I have chosen Nano through Litecoin and Bitcoin Cash, because it has the greatest scope for growth. The recent 'Bitgrail' hacking is not a flaw with network technology - a decline in purely speculative and emotional prices. I still think Nano is one of the competitors for the most promising cryptocurrency this year. As for Litecoin, its Github activity is one of the lowest of 20 crypto currencies, and the fact that the founder sells his coins at the highest point of all time sends a mixed signal to the future relevance of the project.

Privacy / cryptocurrency that cannot be tracked: Monero

Are there really choices in this category? I think it makes more sense to explain why there is a privacy category and why Monero is the choice here. A coin of privacy is a hedge against government regulations and the loss of functionality of crypto-assets. Because the crypto currency market develops, 'hacked coins' or coins that are known to have been traversed through media that are not liked by the institution, lose their value compared to other coins. There may be a future in which Bitcoin, with its public ledger, becomes a "black list" of the main exchanges because it has gone through the hands of several individuals or governments. Because Bitcoin and cryptocurrency are becoming more popular, it is also likely that government regulations reduce the flow of free from crypto-assets. A privacy coin that cannot be tracked like Monero overcomes this obstacle.

There are still some problems with Monero - some exchanges may ban large volumes of Monero transactions "anti-money laundering regulations". Competitors like Zclassic, Sumokoin and Bitcoin Private might prove to overthrow the king, but it will take a while before their technology proves to be bulletproof. Enigma deserves special attention as a candidate for a smart + giant privacy contract. The technology behind Monero is solid, and similar to Bitcoin, the longer the cryptocurrency remains (without hacking), the more valuable the network is.

Cryptocurrency with the dApp protocol: 0x Protocol

There is a lot of competition in this space:

Ethereum

EOS

NEM

Cardano

NEO

Lisk

And that is only in the top 20 crypto currencies. If you go further into the list at Coinmarketcap, you will find many great projects like Kyber Network, Enigma, and NULS. The protocol will be the backbone of the cryptocurrency technology explosion. As Winklevii said, "This allows you to have a racing field and not a horse. You don't care who wins during the race. "

The 0x protocol, on the other hand, is a very promising solution for the increasingly fragmented Ethereum ecosystem. Although Ethereum is by far the only smart contract and the real tokenization platform, 0x allows multiple tokens to be exchanged on its own platform for free, which brings the benefits of network effects and interoperability between various ERC20 tokens. 0x has plans to operate with all cryptocurrency in the future. This is basically a decentralized exchange relay, and many projects, such as district0x and Ethfinex, are already using the 0x protocol. 0x is a riskier bet than Ethereum or NEO, but this is a product that works with detailed road maps.

Exchange specific crypto currencies: Binance Coin

Exchange starts using crypto-economics to offer incentives that bring people to their platform. Reference programs alone are not enough to influence people to use new exchanges. This is where tokens enter, and most of them provide additional incentives such as reducing trading costs and volume-based rewards. Binance changed from unknown to the largest exchange in the world in a span of 6 months. Its founder is a Wall Street former maverick who is now a billionaire thanks to the low fees of Binners, popular referral programs, coin lists and enormous service reliability. Exchange tokens are an important part of a diverse asset portfolio because they represent the volume and importance of all the coins on the exchange, as well as the overall growth of cryptocurrency.

Binance defeated other exchange tokens such as Coss, Shares of Kucoin, and DOT because of Binance's reputation and growth over the past year. With ever-increasing volumes, the entry of new users and the BNB token burn, Binance is the safest exchange token bet.