Are you confused to choose the best altcoin to invest in 2019? Looking for the top 7 Altcoins with a strong portfolio in 2019 and upcoming years? If, yes then your wait is over and we are here to assist you.
Whenever we think about Cryptocurrency the initial name which strikes in our mind is Bitcoin as it is the dominating digital currency and it is the first digital token also. But when observed the top 10 cryptocurrencies then we realize that there are many more altcoins which can give us a great ROI. Indeed Bitcoin is the costly coin and for those who have a little amount to invest, many inexpensive altcoins exist in the market.
Here we have made a list of top 7 Altcoins to invest in 2019. So keep reading till the end to get the best answer to your query.
What are Altcoins?
In 2009 cryptocurrency came into limelight with the origin of Bitcoin. Bitcoin was the initial Blockchain platform but due to the scalability error, new cryptocurrencies with blockchain technology have developed. These cryptocurrencies are known as altcoins. Altcoins are relatively cheaper than Bitcoin but have great potential.
Why invest in Altcoins?
Before going further you must know why you should invest it Altcoins. One of the best reason to go for altcoins is the volatility of the crypto market. There are sudden rises and falls in the price of different digital currencies. You have to look after your profit before investing in any currency that’s the reason people observe different price predictions before investing. In 2017 and 2018 some cryptocurrencies were raised with a great price while others were dumped greatly. So invest wisely. Let’s initiate our guide and find out the best 7 Altcoins to invest in 2019.
Top 7 Altcoins to invest in 2019
Here I am giving you a brief description of the top 7 altcoins but before going for them make sure you are investing in technology, not in cryptocurrency. If you are investing in a token having strong problem-solving technology then there are huge chances of their growth.
Let me introduce the best altcoins having a strong portfolio and can give you a great ROI as well.
EOS is the true rival of Ethereum and listed in the top 10 cryptocurrencies also. The basic feature of this platform is its problem-solving technology and it offers more advanced tools for running different applications. The market cap of the EOS is about 3 Billion USD and you can invest in it due to these reasons:
- EOS was moved to its own platform to leave Ethereum.
- Another great move of EOS was the launch of new software called Dawn.
- The developers of EOS – Dan Larimer, Brendan Blümer and Brock Pierce are successful at their projects and has a great experience in generating successful startups.
We can’t complete the list of top 7 altcoins without considering the Ethereum as it is one of the best-decentralized platforms. Ethereum is the second biggest cryptocurrency after the Bitcoin based on its market cap. In 2017 many crypto experts were assuming that the price of ETH would be $1000 but it was raised by $300. In fact, no one can predict the exact value of any digital coin but many Crypto pandits are showing a further increase in ETH price. Newly added features and maximum use of the Ethereum blockchain platform by the blockchain startups can enhance its value so it can be a profitable deal in 2019.
Let’s jump our next altcoin which is the real competitor of Ethereum, Cardano. Cardano is developed to operate with smart contracts. One of the great fact about the Cardano is that it is developed by Charles Hoskinson who was also in the development team of Ethereum. Based on the market cap Cardano boasts the 11th position among all cryptocurrencies. These are a few facts which make it an ideal altcoin to invest:
- Cardano is listed on the top exchanges like Binance, Huoboi that can drive the growth of Cardano.
- Cardano supports other platforms and functions with smart contracts.
- Cardano has become more popular in Japan and Asia after delivering ATMs.
- Many crypto experts found the same characteristic as Bitcoin and Ethereum.
Binance is the token of Binance exchange having the exact name. As you know Binance is the top exchange so the coin is also popular. The growth of Binance token enhances as the exchange grow. The coin is highly connected with the exchange and in 2018 it was increased by over 100 times. Another reason for the growth of BNB is that it is listed on the famous exchanges Binance, LBank, Exrates, Gate.io, HitBTC, and Bancor Network. You can expect great profits if you invest in BNB.
Ripple is not only an altcoin but also a fully focused monetary system. There is no stability in its rate but the large group of its partners are successful to implement its technology. You will amaze to know that big names like National Park of Abu Dhabi, UBS, and Santander collaborates with this digital coin. In 2018 Ripple had shown a great performance and the coin was increased about 600 times. There are great possibilities that Ripple can be the mediator between digital currencies and banking sectors. If this happens then the token will touch the great heights.
Internet of things is the latest term and IOTA has developed for this fast-paced segment. The chief motive of IOTA is a unified infrastructure for the internet of things, with the great chances of quick transactions without fees and data exchange. IOTA also aims to offer a great layer of security. Here are a few factors which can upgrade its growth in 2019:
- Indeed the internet of things is in its initial stage but increasing with great speed.
- The developers have good plans to enhance the functionality of the IOTA platform.
- Scalability and transaction speed are the main issues and IOTA blockchain solves both instantly.
Steller boasts almost the same attires as Ripple and you will surprise to know that Jed McCaleb has created both. As you know Ripple focuses on Banking and financial institutions but Steller gives emphasis on both Banking institutions and tiny retailers. The main reason for developing Steller was to fix the issues of remote area people where banking services are not available. One of the most favorable thing about Steller is that IBM utilizes Steller blockchain platform. Steller also listed on major exchanges including Coinbase. Hence Steller has great potential and you can invest in it.
Above I have suggested you the top 7 altcoins to invest in 2019. We have done intense research to get all the 7 and if you liked our post then hit the share button to pass it on with your friends.
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