I believe many friends know that digital currency has formed a large market after the development of these years, and the currency accepted by the public in the market also tends to be stable. What kind of currency does the coin circle like? What kind of currency has prospects in the coin circle? Some currency in a short period of time the price is inflated, that we do not do the analysis of the hype factor. Let’s take a look at digital money.
BTC
Bitcoin, the acknowledged boss of the coin circle, as the vane of virtual currency, the bellwether. Every rise and fall of Bitcoin affects the nerves of players in the coin circle. He is no longer a simple virtual currency, more like a totem symbol of virtual currency. All talk of virtual currency development in any case can not bypass BTC to discuss.
ETH
Ethereum can also be said to be another landmark project after Bitcoin. It first promoted the smart contract system, and has a new concept of developing applications on virtual coins. Because of its extensibility, applications based on ETH network can be said to emerge in endlessly nowadays. Because the application is close to local gas, so ETH’s market value is also quite solid.
XRP
This might be a little bit strange. But the old players of the coin circle do not know ripple but not many. As a virtual currency in an alternative. The centralised product has been a hit since its launch. Ripple, developed by founder JED as one of the top talents in P2P development, also has a number of fans in China. Although later JED left. But he wields considerable influence in finance in Europe, the United States and elsewhere. Larger banks have adopted XRP’s network for tests such as cross-border remittances.
LTC
Monroe COINS. The coin was born with a long history, and was not taken seriously by too many people in the early stage. However, after the favor of the automatic dark net, the price of the coin can be said to advance rapidly. Because he’s all about encryption. Anonymity is what the dark Web needs. It also meets the needs of people who use cryptocurrencies.
NEM
NEM introduces a groundbreaking new technology to the world of cryptocurrencies called POI algorithms (proof of importance). NEM includes a node-prestige system based on Eigentrust++ and utilizes multi-signature techniques integrated into the block chain to maximize system security. Other features include encrypted messaging and an extensible design that allows client applications based on the NEM platform to take full advantage of NEM’s advanced block chain technology.
REP
It is able to implement predictive market platform based on Ethereum blockchain technology in a decentralized way. It seems that this kind of blockchain project is very popular, whether foreigners need predictive analysis or are interested in projects of this nature. Since 2016, many such projects have been born and crowdfunded on the blockchain, and the results of these projects are still good in terms of the results of crowdfunding.
SBO
SBO application is a multi-currency wallet based on cross-chain technology. The wormhole communication protocol and interplanetary contract used by SBO support the data and functional architecture of the wallet. Cross – chain technology helps wallet to achieve complete decentralization of services. With the Star Contract, users can safely and safely use all the features integrated on the wallet.
Amount of SBO SBO furnace mechanism, make the circulation will be affected gradually reduce, the higher the heat along with the market, the use of SBO is frequent, the increase of the registered users and transfer the remittance number, capital flowing into the market and users will be more and more, using these services at the same time will lead to the destruction of SBO, so price will be at the same time promote the SBO.
SBO has not been registered yet, but just because of the mechanism of SBO, the price of SBO has risen by 300% before the registration.
Above is about digital currency project general situation, after finish, I think everyone on the trend of the currency circle have a general understanding and cognition, small make up recommend domestic development team to learn the advantages of foreign currency, don’t want to get into the simple change purse digital currency market, to have our China’s own original project. As the CEO of coin-operated network said, “the technology and future prospects of a currency can be seen on the platform.” Only a good currency can really win everyone’s recognition on the trading platform, and obtain a stable and huge market value.