Everyone is aware of blockchain technology and cryptocurrency as it has brought a new digital revolution in this world. Cryptocurrency has provided a digital platform to complete the transactions in a faster and secure way without any involvement of centralized authority. Bitcoin and Ethereum have gained a lot of popularity since the time they started their journey. According to Ethereum classic news, they have earned a lot of fame in the cryptocurrency market; still, there are other cryptocurrencies in the race of becoming the next Bitcoin. Today, we are here to discuss some of the cryptocurrencies that will surpass in the future.
5 Popular Cryptocurrencies That Will Surpass
1. NKN
NKN also called as “New Kind of Network”, was introduced in the year 2018. After NKN started its journey, it has raised an ICO more than $10 million. It operates itself in the network connectivity, which aims to improve the low-quality security system inherited in the current client-server system. The current price of NKN is quite less than a dollar and has made a market capitalization of $13 million.
2. Komodo
This cryptocurrency was launched in the year 2016. It operates itself in a large number of markets and boasts itself to provide a complete solution for blockchain infrastructure development. Komodo, being the host of its tokens, also takes security from the Bitcoin’s network with the help of its Delayed Proof of Work consensus mechanism. Its price is also less than a dollar with a market capitalization of $78 million.
3. Constellation
It was introduced in the year 2017 and has raised more than $30 million dollars for itself. Constellation’s current price is $0.021 and targets the Big Data sector, resulting in faster, reliable, cheap and efficient data transfers. United States Air Force has become one of the partners with Constellation in order to solve the Constellation’s organizational issues. USAF also expects that Constellation will make its data interoperable in the future. Constellation’s other partners include MOBI, ChainRock, and HyperLedger. It’s market capitalization is around $18 million.
4. V-ID
This cryptocurrency came into existence in the year 2017. It is also called as VideoCoin and operates itself in the Ethereum platform. The V-ID is raising its fund generally from public and private sales. Its revenue is increasing as every month passes by, making itself a growing cash generative business. V-ID is price around $0.08 and has a market capitalization of $2.4 million.
5. Fantom
This cryptocurrency was created in the year 2018 and operates itself in the Smart Contract sector, which, as a result, will solve the scalability problems currently inherited by the Ethereum. Due to this feature, Fantom has the potential to be used in smart cities, healthcare, banking and finance. Some of the partners of Fantom include South Korea Food-Tech Association and Oracle. FTM token will be an integral part of the transaction and will utilize the cross-chain interoperability. The market capitalization of Fantom is $25 million and is valued at $0.014.
Conclusion
Finally, we have seen that although Bitcoin and Ethereum are the two most popular cryptocurrencies in the market, still there are new cryptocurrencies introduced that have the potential to bring innovation in the current blockchain network. According to the crypto news feed, these new cryptocurrencies have also managed to gain a lot of market capital in a short period of time. The top cryptocurrency NKN improves the vulnerabilities lying in the current client-server system. Cryptocurrencies like Constellation are working with Big Data which is the most popular trend in information technology. Finally, we can say that there are a good number of cryptocurrencies that will surpass in the future and will bring more changes and innovation to the current blockchain network.
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