Ravencoin (RVN) and Electroneum (ETN) could be the next crypto giants. Although not everyone knows about them, they have an incredible potential to change different industries. The cryptocurrency market currently has more than 2,000 different virtual currencies. RVN and ETN have the potential to continue growing in the coming years.
Electroneum and Ravencoin Could Continue Growing
These two virtual currencies, neither of them in the top 50 coins by market cap, could surprise crypto enthusiasts in the near future. The market has experienced an increased number of projects, but just a few of them was able to succeed. This is why it is important to see new teams and projects that have great proposals to improve the ecosystem.
Electroneum, for example, aims at creating a mobile cryptocurrency platform to replace PayPal. PayPal is one of the largest and most popular payment networks in the world. That means that Electroneum has a very ambitious plan to revolutionize the market. According to some reports, the global smartphone payment industry could be worth more than $3 million dollars in the future.
The coin is very easy to use and it can be mined using CPUs or GPUs. Furthermore, the team behind Electroneum is already talking with mobile operators that might help the cryptocurrency to reach a larger number of users.
Electroneum is currently the 52nd virtual currency in the market. It has a market capitalization of $154 million dollars and it can be bought for less than $0.02 dollars.
Ravencoin (RVN) is the second virtual currency that has an incredible growth potential for the future. The blockchain network behind Ravencoin has been created to transfer different assets. Although it is possible to do that in many other networks, Ravencoin focuses solely on this issue. That makes of it much more special and functional.
During the last months, Ravencoin has experienced an dynamic price increase. At the beginning of October, the price of the virtual currency was close to $0.015 dollars. A the end of October, it was treaded above $0.063 dollars. This represents an increase of 326% in just a few weeks.
At the time of writing, Raven is being traded around $0.0469 dollars and it has a market capitalization of $101 million dollars. Ravencoin will be focusing on tokenized asset transfer and trying to revolutionize the market in this niche.
Carlos is an international relations’ analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other leading cryptocurrency sites; with over 2,000 articles published.