The decline in the market prices of crypto coins in the year 2018 had great impacts on the overall market cap of these coins. As more coins struggle to come out of this, there are supposedly “dead coins” that are making a comeback.
The likes Reddcoin (RDD), Tezos (XTZ), and Ontology (ONT) also suffered massive blows at this period to the extent that speculations arose that they are shit coin waiting for a dead end with not future. Debasing all these claims, the three coins remain resilient to all impeding forces in the market, and at the moment, they seem to be the sleeping giants.
If you are of the perception that nothing good will come out of them, here are reasons why you should disregard the notion.
Reddcoin (RDD) is Bouncing Back
The social tipping coin, Reddcoin (RDD) is making a comeback to the crypto-sphere. This is coming after the likes of XRP and Nano (NANO) Tip Bots became great competitors. It is coming up with new developments and the first stride is making upgrades to the software and rolling out a new wallet.
There is also the possibility of introducing peer transactions and sealing it with mainstream payments. The overall concept is to make it accessible for all and with this; it can maintain the tops against likely competitors. The icing on the cake was the collaboration with a peer-to-peer lending platform – HODL Finance. The partnership allows RDD coins holders to access fiat loans without collateralizing with their RDD coins.
Cloud Computation Falls in Love with Ontology (ONT)
The long-awaited partnership that will enhance Ontology’s (ONT) stake in the crypto-sphere and discredit the rumors of being dead is already here. The last days of December 2018 was a defining moment for the coin.
The decentralized blockchain application product, ONT_Dev_Platform was added to popular cloud computation marketplaces – Amazon’s AWS and Microsoft Azure. The platform, which functions as a cloud service, allows Ontology (ONT) users to build and test smart contracts and decentralized applications.
By the integration to these cloud computing platforms, the use cases will increase and Ontology (ONT) will be a step closer to bringing the blockchain technology to the doorsteps of users. In the first quarter of 2019, Google might also add the product to its cloud service.
Tezos (XTZ) Will Soon Make A Comeback
The Tezos blockchain poses a better solution to Ethereum’s (ETH) smart contract architecture. The absence of a hard fork and the use of a peer permissionless network to facilitate transactions are reasons why it can make a massive comeback.
After the ICO, it went on to develop and launch its main network. Also, the fact Tezos (XTZ) is among the crypto coins Coinbase is exploring is sure an attestation that the crypto graphic project is of quality because Coinbase would never access a shit coin.
There are signs that the coming months would be intriguing for Tezos (XTZ) in the market with tendency of triggering the bulls in the crypto-sphere. Likewise, if Tezos lands on Coinbase, beyond the sky is the limit.
The Dead Resurrects
It will be wrong to totally write off a crypto coin in the space. With the ever-volatile nature of the market and willing investors ready to invest funds to favorite coins, it will be hard to decimate a coin by more speculation.
In spite of the fact that they had some down times which is also peculiar to most coins in the space, it doesn’t mean that Ontology (ONT), Tezos (XTZ), and Reddcoin (RDD) will continue to decline of remain moribund. The a sleeping giant waiting for a bull charge.
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Disclaimer: Our writers invest in cryptocurrencies and it is possible the author of this article has investment in any of the digital currencies discussed. Some times author's presented information may be laced with opinions. Treat articles as mere information and not as financial advice.