Bitcoin pioneered the start of a new era of the digital asset economy. Virtual currencies have over the years (almost a decade) transformed the way people viewed investments, money and globalization as a whole. However, many people especially crypto investors and enthusiasts are left with questions on the worth of these coins in the future.
Experts like Tom Lee of Fundstrat believe that Bitcoin will recover before the end of 2018 and trade at $20,000. The rally is also expected to include the other coins and altcoins in the market. Consequently, we are in September and the year is ending soon. For this reason, we will look into two digital assets with the potential to correct considerably higher using the forecasts by expert analysts as covered by finder.com.
Tron is a decentralized platform that seeks to decentralize the internet infrastructure. The platform has within a short-time grown to become one of the largest blockchain based operating systems in the world. The network recently acquired BitTorrent; a company that pioneered decentralized services by offering peer-to-peer services like file sharing. BitTorrent boasts of over 100 million active users around the world.
Tron blockchain is able to achieve high transactions per second (TPS), high levels of scalability and an optimized platform for executing smart contracts. Recently it launched Tron Virtual Machine (TVM) raising the bar for virtual machines (VMs) in numerous ways.
TRX Token Overview
Tron is currently trading at $0.025 although it exchanged roughly above $0.030 a few days ago. According to finder.com, the asset is predicted to increase by 333% by October 1, 2018. One panelist, Mantelli said that Tron will trade at $0.07 by December 31, 2018 while the highest forecast placed Tron at $0.35.
VeChain is a project that is currently working on leveraging the blockchain technology. It is concentrating on building infrastructure for a distributed business ecosystem that is not only self-circulating, but also scalable. The network launched its mainnet, VeChainThor this year in addition to rebranding from VeChain (VEN) to VeChain (VET). The website states that “We have successfully implemented blockchain solutions across various industries such as luxury goods, liquor and agriculture. These use-cases go beyond the Proof-of-Concept and have already been launched on the market globally.”
Significantly, the network recently partnered with People’s Insurance Company of China (PICC), one of the largest insurance firms in the world that controls over $126 billion in assets. VeChain’s blockchain will be utilized in the company’s data collection, policy and premium calculation and claim collection systems. This collaboration has launched VeChain to an entirely new global market. Moreover, the team at VeChain is very active and with upgrades updates, which keeps the community informed aware of the project’s progress. The number of strategic partnerships has also continued to rise since the year began.
VET Token Overview
At the time of writing, VeChain is trading at $0.0176 following a 2.2% decline in the last 24 hours. It is currently ranked the 18th crypto in the market with a market cap of $981 million, although this is a drop from $1 billion recorded yesterday. The panel of analyst at finder.com predicts that the digital asset has the potential to correct higher and change hands at $1.26 by end of 2018. It is also received the highest project growth until October 1 of 2,664% and 7,310% by the end of 2018.