The majority of investors watch the movements of the big players in the cryptocurrencies market, such as Bitcoin (BTC), Ethereum (ETH), and XRP (XRP). However, there are three altcoins projects you should keep an eye on as they are extremely promising. Namely, Golem (GNT), Basic Attention Token (BAT), and Factom (FCT) show significant achievements with real-world applications.
Three Altcoins Projects To Keep An Eye On – Golem (GNT), BAT, And Factom (FCT)
Golem crypto project has the goal to offer a decentralized supercomputer platform for members to rent computing processing power for those users who are providing it.
Evidently, the platform would use its proprietary cryptocurrency, the Golem (GNT) token. At the moment of this writing, GNT trades at $0.19 after dropping about 9% in the last 24 hours. However, in the past seven days, Golem (GNT) soared by 8.92%.
Basic Attention Token (BAT)
Basic Attention Token is a project that hoped to decentralize the digital advertising industry worldwide. With ambitious plans to tackles the current issues of the online marketing industry, Basic Attention Token shows a bright future which might also help its crypto token price to rise.
Currently, Basic Attention Token (BAT) trades at $0.21, dropping about 7.30% in the last day, while in the previous week it gained nearly 5%.
Aiming to address the Bitcoin (BTC) blockchain issues, Factom (FCT) cryptocurrency project is unique in comparison to other similar problems. Accordingly, Factom wants to increase BTC network speed of transactions, improve scalability, and reduce the costs of each transaction.
At this moment, Factom (FCT) is trading at $5.56, shedding about 7.70% in the last 24 hours. In the previous seven days, however, FCT skyrocketed by 16.26%.
While the cryptocurrencies market is fluctuating significantly from now and then, small crypto projects might be more profitable than the big ones like Bitcoin (BTC), XRP (XRP), or Ethereum (ETH). The three altcoins projects presented above are one of the most promising ones in the entire market.
Accordingly, you should keep an eye on Golem (GNT), Basic Attention Token (BAT), and Factom (FCT) as their future looks bright.
Ian Kennedy is the newest contributor to Crypto Daily Gazette. He enjoys running, practicing minimalism and cooking. Ian is a graduate of Wesleyan University in Connecticut where he studied journalism, Arabic and international affairs. Ian mostly covers stories concerning emerging blockchain technology.