If you’re into cryptocurrency investments, then you already know that the first quarter of 2018 wasn’t the best period for the market. Marked by news of hacks, frauds, regulations, and widespread instability, the whole crypto market dropped considerately in the first part of 2018.
For some investors, this downturn was not at all beneficial, while others have turned this recession into great investment opportunities. Be that as it may, there are still lots of interesting projects that should recover from this market dip in Q3 2018.
Below, we’ve highlighted five promising blockchain projects that are worth keeping an eye on in Q3 2018:
Ethereum Classic (ETC)
Ethereum Classic (ETC) is the original Ethereum cryptocurrency which means that no forks will be made to it. This is part of the reason why Ethereum Classic has retained its value so well in Q1. Financial experts agree that Ethereum Classic is one of the cryptocurrencies that may very well provide a twofold or even threefold return by the end of Q3.
Currently, the cryptocurrency is ranked 16th on CoinMarketCap, with a total capitalization cap of $1,568,376,144, a circulating supply of 102,621,598 ETC, and a 24-hour trading volume of $307,240,000. At the time of this writing, Ethereum Classic is trading at $15.28. However, experts expect this value to double by the end of Q2.E
Therefore, Ethereum Classic should provide a prospective growth in the upcoming months. One other very good thing is that more and more people are bound to find out about Ethereum, which will also lead them to finding out about Ethereum Classic. This all means that even the smallest value improvements have the potential of sending Ethereum Classic among the top 10 cryptocurrencies. Is ETC the crypto world’s sleeping giant? Time will tell.
The Credits (CS) project allows companies to develop their own platforms using smart contracts, as well as provides them with enough control to program schedules and cycles. The platform has a wide-spread appeal and can be used in logistics, insurance, banking, and IoT-related industries.
Credits is currently ranked 175th on CoinMarketCap with a total capitalization cap of $38,113,838, a circulating supply of 137,958,656, and a 24-hour trading volume of $2,526,100. Despite the hiccups seen in Q1, it’s important not to forget that Credits (CS) had a very strong start and that it’s still a very new contender to the market.
Besides its impressive versatility, the platform has other advantages such as unlimited scalability and support for extremely fast transactions (up to 1,000,000 transactions per second), which should all account to Credits becoming a future market giant.
Request Network (REQ)
Request Network (REQ) is a very ambitious crypto project that aims to become the “future of commerce.” Commonly referred to as “PayPal 2.0” by crypto enthusiasts, Request Network aims to change the sluggish process of bank-controlled international payments.
2018 marked a very important year for Request as it was able to provide users, companies and individual merchants with completely usable payment systems with support for a wide array of currencies and without requiring the intervention of third-party services.
According to the project’s roadmap, there is still very much to be accomplished during 2018 including setting up discussions with some of the world’s biggest financial institutions.
Currently, Request Network (REQ) is ranked 143rd on CoinMarketCap with a market capitalization of $50,048,192, a total circulating supply of 697,314,633 REQ, and a 24-hour trading volume of $313,499.
High Performance Blockchain (HPB)
High Performance Blockchain is a China-based project that aims to solve one of the biggest problems of blockchain platforms – scalability. The main aspect that differentiates High Performance Blockchain from other similar projects is the fact that it uses both hardware and software resources, as opposed to only relying on software. The platform is designed to handle millions of transactions per second.
The project is also working with NEO, one of the most interesting blockchain projects at the moment. High Performance Blockchain’s token is expected to see a substantial rise in Q3 2018, but it’s also expected to grow even more significantly in 2019.
High Performance Blockchain is currently ranked 121st on CoinMarketCap with a market capitalization of $62,113,253, a circulating supply of 29,702,632 HPB, and a 24-hour trading volume of $7,570,870.
There appears to be great promise in Request Network’s goals for the second half of 2018, as more and more institutions will be likely to embrace the innovative payment service.
Last on our list is Cindicator (CND), a hybrid intelligence asset management platform launched in 2015 with the sole purpose of improving decision making by using the wisdom of the crowd. It features an open ecosystem for investors, traders, data scientists, and financial analysts.
Cincinator has shown gradual and constant growth during its lifetime, and it is believed to be one of the best opportunities for long-term investment. According to the project’s roadmap, Q3 2018 the first payout for forecasters is taking place from dynamic motivational pools. For 2019, Cindicator plans to add the technological infrastructure for ETF and investment funds. One of the future highlights of Cindicator is going to be its Symbiotic Network, a smart ecosystem.
Since it’s a prediction platform, anyone that forecasts correctly will be rewarded with Cindicator coins. Its price range is also expected to increase this year.
Cindicator is currently ranked 155th on CoinMarketCap with a market capitalization of $45,095,238, a circulating supply of 1,445,976,590 CND, and a 24-hour trading volume of 164,069.
We hope that this article will prove itself useful for your future investments. As usual, he highly recommend that you do your own research, as these are just speculative predictions and should not, under any circumstances, be interpreted as solid financial advice.