When investing in crypto, most people tend to focus on the top 100 coins, and more specifically the top 30. But not every coin in the top 30 will thrive. As Charlie Lee put it at one time, the top 100 is not a good measure of what to invest in. For investors in crypto for the long haul, exploring upcoming coins below the top 100 would be a good idea. There are some good coins down there that have not yet attracted the interest from the average crypto investor. Some of them include CarVertical (CV) as UTrust (UTK).
CarVertical has a very pragmatic approach to the market. Unlike the common line in crypto of trying to replace fiat, CarVertical aims to empower car buyers with information. It is leveraging on blockchain technology to provide authentic information about cars including odometer readings, a vehicle’s previous accident reports among others. There is a real market for this information because a good percentage of cars sold in the second-hand market have tampered information that hurts the buyer. Interpol, for instance, constantly breaks up international car theft rackets, and the people that suffer most are the innocent buyers. Such issues will create a huge demand for CarVertical in the future and could see it rise fast on market cap rankings. On top of that, CarVertical is working with more established DLTs like IOTA. That’s a marketing boost that will push up CarVertical to the top 100 in a few years.
Like CarVertical, UTrust takes a very pragmatic approach to the markets. One big challenge for cryptocurrencies is their volatility. They are so volatile that most mainstream businesses find it hard to adopt them as payments. UTrust solves this problem because it allows businesses to not just accept cryptos, but also settle immediately for fiat. UTrust also has an escrow system that protects buyers and sellers. Most importantly, payments made in UTrust tokens attract discounts. That’s a huge incentive for businesses to adopt UTrust as a bridge towards digital currencies. UTrust’s potential in the market is quite visible in its increased adoption levels. Yesterday, JumpSeller an e-commerce store announced that it was partnering with UTrust. That’s a good sign that UTrust is making progress in the market. As more businesses partner up, UTrust will rise in value and possibly push into the top 100.