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For years people have been predicting and having very close watchful eyes on the performance of cryptocurrency. With that idea in mind, it is important to be aware of the fact that there are more than 1,500 cryptocurrencies. These are the only ones which have managed top the list of the cryptocurrency market. The cryptocurrency watch is, therefore, forecasting in the year 2019 and this forecast can be determined in terms of the number of cryptocurrency in the market. There are a number of cryptocurrencies worth watching in the year 2019.
Some of the promising projects that can determine the success of cryptos in 2019
As for now, no one has an idea or which cryptocurrency will perform by the end of 2019. However, there are a number of projects that can increase the value of cryptocurrency by the end of 2019. If we look at NEO which was also formally known as Antshares, it is clear that it is one of the potential cryptocurrency in the market basically because it has a platform where developers can come up with the decentralized application and smart contracts. NEO has also been pushing to remove bitcoin from its dominance table.
On the other hand, the other promising project is the Nano. This a more promising one as well basically because of the fact that it has had a promising transaction where the transactions accrued zero fees. Unlike bitcoin and ethereum which are slow in terms of transaction processing speed, Nano has a higher chance of ensuring that it improves significantly by the year 2019.
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The performance of cryptos in 2019 can also be viewed from the perspective of how the Cardano (ADA) has been fairing in the market. Its performance has been based on the fact that it has been capitalizing on those elements that other cryptocurrencies overlook. The first element is compliance. This crypto has always complied with government and other financial institutions and this has made a positive image hence more and more public partners are willing to trade with it. It has also put in place a very simplistic and easy to use interface.
Tron is also another project that could tell you the directionality of cryptocurrencies in 2019. This crypto has had a significant hike this year and with that, we can as well predict that 2019 will be a year of performance for some of the biggest cryptocurrencies in the market.
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