Top 5 Hidden gems Crypto
It is very easy to get lost in the crowd in the cryptocurrency market. The cryptocurrency market at this moment has around 2062 cryptocurrencies and keeping track of each one of them is a hell of a task. Because of a large number of cryptocurrencies in the market, a majority of them are low-performers or coins that do not return as much as they promised they would.
And because the returns are significantly lower than the ones an investor would potentially get from just investing in the top 10, a lot of high performing coins are neglected and sidelined because of the same. Another reason for negelection and lower popularity as a worthwile asset is the fact that these coins don’t make it to the news very often and are pretty quiet.
To that effect, the cryptocurrency market has a few hidden gems. These gems have a loyal community around it and have just enough investors to keep their heads above water. These gems are hidden from the average investor because they aren’t the coins that are projected to do well in the market but do well anyway. These tokens and digital assets usually do well because their project idea and implementation are on point and their community outreach is effective enough to get people to believe in the team.
But the problem with these hidden gems is that many a time they are very well-hidden, meaning only a very small subset of the investing cryptocurrency community will know of them. This is also mainly because the investor has to be a seasoned one to be able to make a sound investment decision and it takes a lot of experience and capital to know which of these to invest in.
Below is a list of the
Top 5 hidden gems in the cryptocurrency market right now.
XLT is the native coin of the Stellite. Stellite is a cryptocurrency that aims to bring its users and the community a truly decentralised experience. The cryptocurrency uses all decentralisation enabled technologies in the market right now to provide its users complete decentralisation. The company uses IPFS and zeronet for decentralised seed storage.
The XLT coin is ranked as the 588th cryptocurrency by market capitalisation on coinmarket cap. The coin’s all-time high is $0.0016 USD back in April this year. The coin’s current price is $0.000569 USD and is and has been on an upward trend since the beginning of September.
Hydro is a complete end-to-end decentralised ecosystem service aimed and built for the financial industry. The ecosystem has smart contract features, libraries, dApp stores, applications and the hydro token. The Hydro ecosystem’s aim is to bring the transparency and openness that the blockchain and decentralisation offer to the financial world through their ecosystem.
The Hydro token is ranked as the 315th largest cryptocurrency by market capitalisation on coinmarketcapital. The coin’s all-time high is $0.014 USD and that was back in May, 2018. The coin sees a lot of short-term fluctuations but the over all trend has been upwards for the coin. The current price of the cryptocurrency, at the time of writing is $0.0038 USD.
To buy; Bittrex, Upbit, BitForex
RVN is the native cryptocurrency of the Ravencoin blockchain. The Ravencoin Blockchain is a blockchain that is specifically designed to allow and facilitate peer-to-peer transfer of assets and funds. The Ravencoin blockchain is dedicated and is specifically an asset transfer method. The blockchain heralds itself as the truth deliver-er to all participants on the ecosystem.
The RVN coin is ranked as the 156th largest coin in the cryptocurrency market by market capitalisation on coinmarketcap. The all-time high of the coin is $0.057 USD back in April and then May. As a altcoin the trends can get a little erratic for RVN. The current price, at the time of writing, is $0.014 USD.
XHV coin is the native token for the Haven Protocol. Haven Protocol is essentially a combination of offshore banking and untraceable transactions. Haven Protocol is an untraceable cryptocurrency that is used for transfers. The coin is not pegged on any unsustainable assets or fiat currencies. The coin achieves this by being built on-chain and the company has complete control over minting and issuing.
The XHV coin is ranked as the 482nd largest cryptocurrency in the market by capitalisation on coinmarketcap. The all-time high of the coin is $6.69 USD back in May, 2018. The coin has been on a slump for a while, but since September, the coin seems to be recovering slightly. The current price, at the time of writing, is $0.94 USD.
TOMO coin is the native coin of the TomoChain platform. TomoChain is a solution to and for the Ethereum Network’s scalability issues. On successful implementation on the Ethereum Blockchain, TomoChain is said to implement the same on all the other blockchains as well. The TomoChian uses 150-master nodes architecture and is said to use Proof-of-Stake-Voting consensus for a near-zero transaction fee and instantaneous transactions
The TOMO Coin is ranked as the 165th largest cryptocurrency in the market by capitalisation on coinmarketcap. The all-time high of the coin is $2.14 back in April. The coin has been on a 2 month-long slump through August and September, but it is starting to recover what it has lost now. The current price of the coin, at the time of writing, is $0.46 USD.
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Hitesh Malviya is the Founder of ItsBlockchain. He is one of the most early adopters of blockchain & cryptocurrency enthusiast in India. After being into space for a few years, he started IBC in 2016 to help other early adopters learn about the technology.
Before IBC, Hitesh has founded 4 companies in the cyber security & IT space.