Many solid companies are vying for the top spot of “best cryptocurrency of 2018”. Stellar, Cardano, IOTA and others all made headlines and are positioned to grow further. But Ternio, a rapidly growing contender, is the coin of choice as the best cryptocurrency of 2018 for a few major reasons. Unrivaled speed, major exchanges, main net launch, Blockcard. Let’s go into detail on why Ternio’s future is so bullish.
Ternio is focused on building the fastest blockchain protocol possible. Its proprietary Lexicon blockchain competes with Ethereum, Tron, Cardano, and EOS. Based on the most recent speed test results Ternio blows them all away.
Ternio is targeting the enterprise business market which is tens of trillions of dollars globally. For those that don’t know, the enterprise is businesses working with other businesses. It is big data, big analytics, and most importantly big dollars.
Ternio has built a proprietary blockchain protocol called Lexicon. In a recent test, it was able to transact over 1 million transactions per second sustained with a peak of 1.5 million transactions per second. This claim would normally seem exaggerated, but Ternio hired Blockchain firm, Null Bash, to audit the technology and verify the claim (which they did). Null Bash is a well-respected blockchain firm with team members from PWC, Accenture, and other major corporations.
Lexicon uses the TERN token exclusively. TERN is a Stellar (XLM) based token so speed is in Ternio’s DNA.
TERN currently trades only on the Stellar decentralized exchanges and BitForex. However, the founding team has stated at least 4 other major exchanges are coming. When you go to Ternio’s website you see Binance has been applied for. Ternio also recently competed in the KuCoin voting process.
This is important because TERN price is suppressed. This means massive upside once the other exchanges go live, but investors need to get it before it hits those exchanges.
The Lexicon mainnet is scheduled to launch in October (Q4 2018). This isn’t like other mainnet launches catering to a general consumer base. Lexicon is a high scale enterprise blockchain that is going live with major corporations. Ternio has already announced London Media Exchange, Ignition One, and RPM Agency. These companies are using Lexicon for programmatic media buying. All of these corporations will be pushing their FIAT currency through the TERN token on Lexicon.
This is important because millions or hundreds of millions of dollars will instantly start flowing on Lexicon within weeks of main net launch. In the 4-7 weeks leading up to Mainnet, coins usually see a 60% to 100% gain in price.
The Block Card is similar to Monaco. It is a physical credit card where consumers can load up BTC, ETH, or other major cryptocurrencies and spend them wherever major credit cards are accepted. The Block Card is a business in itself, so it’s a massive value that TERN holders get not only access to Lexicon and the enterprise business dollars, but can also use the BlockCard.
When Monaco (MCO) launched their card their price went up 40% in a week.
Our analysts are extremely bullish on Ternio. Ternio scores major points on speed, exchanges, mainnet launch, and the Block Card. It is in prime position to become a top cryptocurrency in the coming years. Its challenge will be in getting as many corporations as possible to facilitate mass adoption. Lexicon mainnet launch is eagerly anticipated, and it could be the best cryptocurrency of 2018 and beyond.
Rating: Very Bullish
Strategy: Dollar Cost Average
Recommendation: Allocate 50% of your buy now, and 10% more on each exchange listing.
Disclaimer The views, opinions, positions or strategies expressed by the authors and those providing comments are theirs alone, and do not necessarily reflect the views, opinions, positions or strategies of CoinGape. Do your market research before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.