2019 is the year that is going by with lightning speed. The first half of the year is over! It is time to dust off that new year’s resolution list and work on it. And if crypto investment is on that list, this is the best time to start. Explore the most promising cryptocurrencies of 2019 with us.
The cryptocurrency market is no longer limited to bitcoin. Statistics say that there are about 1600+ cryptocurrencies in the market. Imagine going through all of them to pick the most promising cryptocurrencies! Buyers look for some basic traits like:
- Market cap
- High liquidity
- General perception on social media
10 best crypto coins to invest in 2019
We have compiled a list of 10 promising cryptocurrencies to invest in 2019. Ideally, you should diversify your investment portfolio. Therefore, it is better to invest in more than one cryptocurrency. Don’t put all your money in one cryptocurrency!
Ripple: Market Capitalization $16,900,056,667 USD
Ripple is one of the largest cryptocurrencies in terms of market capitalization. It was for financial institutions initially. Soon it gained popularity as a mainstream cryptocurrency. Ripple process cross border financial transactions swiftly. Ripple’s software is capable of handling 1,500 transactions per second. Corporate investors like Google support Ripple. Additionally, Ripple has partnered with many global payment networks.
Bitcoin and Ether : Market Capitalization $144,395,242,223USD and $27,273,693,641 USD respectively.
Bitcoin and Ether are all-time favorite cryptocurrencies for investors. They are well-established crypto coins. Ether is growing consistently. Almost every utility token is built off the Ethereum blockchain. Ethereum plans to switch to POS protocol from POW protocol this year. As a consequence of this, price may surge.
BAT: Market Capitalization $424,969,719 USD
Basic Attention Token or BAT cryptocurrency was designed for content creators and publishers. BAT browser is used to access the content created. BAT browser is a secure browser. To explain, it protects ISP information and allows users to view content without ads. Users use BAT coin to donate to the content creator. Moreover, users also get reward points in BAT cryptocurrency for viewing content.
DASH: Market Capitalization $1,333,481,047 USD
Dash or digital cash coin was designed as a secretive version of bitcoin. It works on a mastercode network. The transactions are untraceable.
Litecoin: Market Capitalization $8,501,467,557 USD
Litecoin is an open source decentralized cryptocurrency. It was created by forking Bitcoin. If bitcoin is digital gold then Litecoin is digital silver.
NEO: Market Capitalization $904,235,537 USD
Some call NEO as Chinese Ethereum. It the largest cryptocurrency that emerged from China. This crypto supports programming in many languages like GO, C++, Java and others. NEO is reducing bitcoin dominance and is competing like a trading pair.
EOS: Market Capitalization $5,831,400,227 USD
EOS was created to overcome the shortcomings of Ethereum. To build a dApp on Ethereum, solidity programming language has to be used. Since many developers don’t know solidity language, they are unable to use Ethereum Network. EOS fixed this problem by offering account management and database services. Thus knowledge of solidity programming language isn’t necessary. EOS network is also more democratic and decentralized than other cryptocurrencies.
CARDANO (ADA): Market Capitalization $2,418,955,135 USD
Cardano project wishes to establish a smart contract platform with advanced features. The total supply of CARDANO tokens is 31 billion tokens. It is the world’s first peer to peer blockchain powered by scientists and academicians. CARDANO is built on a third-generation blockchain. Third generation blockchain solves major issues of scalability. The near instant transaction speed and low fees make CARDANO a popular crypto coin.
IOTA: Market Capitalization $1,220,240,478 USD
IOTA cryptocurrency combines Internet of Things and digital currency. It is a scalable cryptocurrency. The technological secret behind IOTA is Tangle. It is a directed acyclic graph. IOTA works on proof of work mechanism. The transaction speed is faster too.
How to pick the best cryptocurrency to invest in 2019?
It is difficult to pick the best cryptocurrency to invest in from all the coins in the market. One should look for a good performing successful cryptocurrency. There are no definitive parameters to define the success of a coin. There are some common ingredients in making a successful cryptocurrency like:
- Application of the coin
- Ease of buying.
- Demand for the coin.
- Strong community.
- Real world application.
Based on your investment goals and market analysis you should pick the best cryptocurrency to invest in.
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