2018 has ended without the bull run crypto investors were hoping to see, and things have not picked up much in the first few weeks of 2019.
The crypto market remains unstable, with even some of the largest coins still struggling to reach stability. Bitcoin itself is experiencing numerous small drops and surges, with investors hoping that it will soon find its bottom, and continue to go up from there.
While the current situation is not great, the crypto community remains optimistic about the future, firmly believing that the next bull run will arrive at some point in the not so distant future. Analysts’ predictions indicate that this may occur at some point during 2019, although no one is certain when exactly to expect the positive change.
While they are waiting for the new rally to occur, many investors are spending their time researching various coins, trying to find which ones might be the leaders of the next bull run. There are certainly a lot of them with the potential to blow up once the market reaches certain conditions. Here is the list of three candidates with the most potential, according to what is known so far.
1. Bitcoin (BTC)
It is of no surprise that Bitcoin dominates this list since the coin is well-known for being the most influential cryptocurrency today. Whenever a new bull run occurs, BTC is often the one leading it, and the same goes for massive drops in value.
Bitcoin has been through a lot over the last two years, with most of its upwards progression happening in late 2017, when it skyrocketed to a price of $20,000 per coin. Only weeks later, it started crashing, which eventually reduced its price to barely a third of its all-time high. After several months of balancing at around $6,400, BTC dropped once more in November, where it hit $3,200, which was its lowest point in the year.
While investors were hoping that the bear market will end by the time 2019 started, this has not happened yet. However, there is still a lot of time for BTC to start growing once more, and 2019 is the year when several events expected to have a positive effect on the coin are supposed to occur. The most important ones are the potential approval of Bitcoin ETFs, as well as the launch of Bakkt Bitcoin Futures exchange. While announced a while ago, both were delayed due to issues that are currently affecting the US government, and its largest regulator, the SEC, itself.
Another potential development might be the launch of Bitcoin Lightning Network, which is expected to tackle the project’s scalability problem and make its blockchain more efficient. Indeed, there is a lot that can impact BTC positively this year, and if it does come to pass, the coin might rapidly climb back to previously known heights.
2. TRON (TRX)
While Bitcoin may be the largest and most influential coin, TRON (TRX) has been one of the most popular and promising ones in 2018. The project has entered more partnerships than anyone can count, it managed to launch a TestNet and a MainNet, it has gone through token swap, super representatives election, and it even managed to announce a major project that will be its first crucial step towards decentralizing the web.
In addition, TRX was listed in numerous exchanges and wallets, and it also purchased BitTorrent, which is a key component for its Project Atlas. Finally, since moving to its own blockchain, TRON has managed to launch its own DEX, as well as a number of dApps that have received a lot of attention and usage. While this was not enough for them to go mainstream, they still allowed TRX to set a new record for the number of transactions, which was previously held by Ethereum.
One curious thing about TRON is that its price has failed to react to all of this positive development, since the initial crash in 2018. The only time it experienced a noticeable growth was in May 2018 which affected the entire market, but after reaching a certain point, the downward trend continued.
All of this shows that the market is not ready to allow a surge. However, as soon as it reaches that stage, it is more than possible that TRX will grow larger than ever before in its history. In fact, TRON’s founder, Justin Sun, himself stated once that TRON might trigger the next bull run thanks to its dApps and Project Atlas.
3. Binance Coin (BNB)
Finally, the last on the list is Binance Coin (BNB). As the name suggests, this is the coin developed by the largest cryptocurrency in the world, Binance, and it runs on Ethereum’s network. Considering Binance’s current size — which will likely only increase in the future — it is of no surprise that many people believe that BNB might skyrocket during the next bull run.
Many of those who use Binance for crypto trading use it as it provides a discount on the exchange’s fees. In addition, Binance rewards users with BNB whenever they contribute to its growth through an affiliate referral program. Also, many new users who start trading on
Due to its relatively low total supply (189 million) — over half of it is already in circulation (129 million).
While this will almost certainly not happen in 2019, a bull run can impact the coin in a very positive way.