The crypto market is on a growth path, there is no doubt about it. Institutional money is getting into the market through platforms like Bakkt and Fidelity. The regulatory environment is getting better too, all across the world. Even in the U.S where regulations have been slow, the regulatory wheel is finally turning, as was seen by the SEC’s recent decision to offer clarification on crypto tokens. Clearly, things are much better than they have ever been, at least from a fundamentals perspective. As such, it is only a matter of time before prices start moving again. On this basis, it makes sense to start accumulating on strategically sound projects. Two of the most strategic cryptos in this market are IOTA (MIOTA) and Zilliqa (ZIL). Let’s take a more in-depth look at both of them.
IOTA (MIOTA) is quite strategic and has the potential to make huge gains going into the future. For starters, automation is taking root in society, and smart machines are becoming the norm. In fact, in the manufacturing industry, automation is almost becoming the standard. In this market, IOTA (MIOTA) has a very strategic partner in Fujitsu and has a real chance of dominating in automated manufacturing. IOTA also has a huge chance of dominating in the smart car market. That’s because the IOTA tangle makes it efficient for a smart car to communicate with other cars, as well as other aspects of its environment. Already, major car makers such as Volkswagen are working with IOTA, and pushing it in that direction. With such prospects and the fact that 5G technology, which is the technology that will unlock the machine economy is taking shape, there is no doubt that IOTA (MIOTA) has a real chance of growth going into the future, and is one of the most strategic cryptos to hold.
Like IOTA (MIOTA), Zilliqa (ZIL) is another crypto that holds lots of potential for growth. Zilliqa (ZIL) has the fundamentals to dominate the smart contracts market based on one major strength, scalability. Zilliqa uses a method called Sharding, which can enable it to achieve upwards of 2000 transactions per second. With such capabilities, the Zilliqa blockchain could dominate in the development of smart contracts targeting key industries like finance, and gaming. Already Zilliqa seems to be making in-roads in advertising, which is a multibillion-dollar market. Companies like Mindshare, which is a major player in the global advertising market is already testing out the application of Zilliqa (ZIL) in South East Asia. Zilliqa is also backed by a strong team that has worked and continues to work hard at making Zilliqa, a top blockchain. All these factors, and a friendly regulatory environment in Asia place Zilliqa in a unique position to grow significantly in the future.
In essence, in a market that is still in its early days and cryptos such as IOTA (MIOTA) and Zilliqa (ZIL) could be headed for huge gains in the coming years. The future looks good for these two cryptocurrencies.