Since the discovery of Bitcoin, first decentralized cryptocurrency, the cryptocurrencies have become a global phenomenon known to most people. Throughout the years, the cryptocurrency phenomenon has experienced both highs and lows in regards to its value and security features. As the year 2018 was also full of correction and maturation for the crypto market, it’s impossible to predict the future with absolute certainty. 2019 is going to be a challenging year for investors and technologists with so many opportunities. The last few years of intruding blockchain surveillance have uncovered a lot of the obscurity that cryptocurrency users once took for granted, but the fightback has begun. There are lots of signals that 2019 will be the year in which institutional money will finally be entering the cryptocurrency market. This 2019 cryptocurrency prediction will be a game changer for the crypto market, without any doubt.
Here are some crypto trends to expect this year:
INCREASED DEMAND FOR SECURITY TOKEN OFFERINGS
Throughout the years of its existence, ‘n’ number of institutional investors have expressed their favour and mild dislike for crypto coins. In 2019 with financial regulators endorsing the focus on Security Token Offerings (STO’s), it is expected that more institutionalized investors will take interest in cryptocurrency market and invest in the crypto coins. While STOs and ICOs have advantages and disadvantages, STO has entered the crypto market as the solution of ICO since the latter is becoming more susceptible to scams.
Taking into account that STOs are recognized by financial regulations, it’s only a matter of time until they completely replace ICOs. In 2019, more people are expected to look into STOs.
INCREASED INTEREST IN RIPPLE
Ripple or XRP is a crypto coin that functions as a payment system that can be used by financial institutions like banks to transfer funds locally and internationally. Also, the payment system of this crypto coin does not require third parties to verify which allows easier peer-to-peer transactions.
It is expected that Ripple products like xRapid and RippleNet are going to play the main roles in its value in 2019. As Ripple is getting more active with partnerships and institutions, the demand for Ripple will surely increase, making it one of the predicted best coins to invest in 2019.
INCREASED INVESTMENT IN BLOCKCHAIN TECHNOLOGY
With so many security changes currently on the way, companies and other coin generators will need to invest in vast technological innovations to improve their blockchain technologies. This will ensure the less susceptibility to fraud, third-party tampering, and each transaction as well as the coin’s overall history remains transparent through this process.
The emergence of cryptocurrencies may include the fundamentals of blockchain technology but with stricter regulation principles. To make sure that you are making the most out of your investment, consider researching on upcoming STOs this year.
THE RISE OF STABLE COINS
Stablecoins are a new class of cryptocurrencies that hold stable values. In recent times, they are said to be dubbed to fiat currency as a representation which is used for the instant processing and security of payments of cryptocurrencies.
While stablecoins are not the crypto coins but they can be used as a bridge between cryptocurrency and fiat currency by acting as collateral that shields tense market conditions. Considering the existing problems in tokenizing digital coins, stablecoins will act as a buffer which can potentially lead to something big.
LOW PRICE VOLATILITY
2017 made Bitcoin suffer price volatility when its price dropped dramatically low and then reached to great heights within a matter of weeks. Contemplating that, there were many investors who lost a significant amount of profit within that period, resulted in investors feeling jaded in 2018.
However, in 2018 the prices of crypto coins were subtle and not as volatile as the year prior which signified that Bitcoin, as well as other Crypto coins, have stabilized after several institutions have accepted it as a form of payment system. Investors can expect the same subtle changes in 2019 as well but this time with less volatility than before as various measures are being implemented to secure investors from fraudulent activity.
To precise, throughout the years, cryptocurrencies have brought both opportunities and risks for investors. However, since 2018 laws, regulations and other measures have been taken to ensure that investing in cryptocurrencies becomes safer for everyone involved. While the year has just started, we hope that 2019 will bring more opportunities than ever.