Are you looking to invest in digital coins? Which altcoins will be the best to invest in 2019? Will Bitcoin dominate the crypto market or any other cryptocurrency take place of Bitcoin? What are the altcoins which can give you a great ROI? If you are a crypto enthusiastic then definitely all these questions are striking in your mind. Cryptocurrency has great volatility and 2018 was not a great year for the crypto investors. But people have an optimist attitude towards digital currency and they are expecting higher returns in 2019. Indeed, we can’t declare anything but assume on the basis of different aspects. If you are here to know about the top 5 cryptocurrencies with great potential then here I will highlight the best cryptocurrencies which can be beneficial to invest in upcoming year.
- 1 Best 5 Cryptocurrencies to invest in 2019: Give you highest return in 2019
- 2 Final thoughts
Best 5 Cryptocurrencies to invest in 2019: Give you highest return in 2019
Bitcoin is known as the king of digital currency as it was the first coin introduced in the digital market. Since then plenty of altcoins have presented to invest in digital currency and currently, there are more than 1600 digital coins to choose from. Although the crypto market is flooded with numerous coins there are few coins which seem the perfect substitute of the dominating coins like Ethereum, Litecoin, Ripple, etc.
All the altcoins based on blockchain technology and offer different facilities which make them an ideal choice to invest in. These coins provide totally anonymous transactions, faster speed, and many more features. Actually, the concept of encrypted and decentralized cryptocurrencies got a huge acceptance and here we have included the best 5 cryptocurrencies on the basis of their attire. So take a look below to be familiar with them.
Having a higher market cap when compared with its rival coins, ETH is in the top listed cryptocurrencies. Ethereum is showing the great possibility of huge acceptance in 2019 as it offers multiple facilities which makes it a preferred choice to invest. It was created by Vitalik Buterin and nowadays it is one the second rank with the highest market cap. One of the best features of this platform is that it offers smart contracts to the developers and more and more developers are switching to its platform. It is expected that in 2019 its price will boost drastically and there are also chances of ups and downs in the first and second quarter. But at the starting of the third quarter, it will begin to grow and it is expected that by the end of 2019 it can reach up to $14440.
When we talk about the digital currencies how can we forget the Bitcoin, the leading coin? Bitcoin is one of the largest coins regarding market cap, popularity, and uses. You can trade almost every altcoin with the Bitcoin and this feature differentiates it from other coins. In fact, the price of all the coins affected by the Bitcoin’s price. You can assume the market value of other currencies by comparing the value of Bitcoin. Nevertheless, there are few uses of Bitcoin and it is like the store of value. But as the biggest cryptocurrencies of the world with the brawny user base, we can expect great returns in 2019.
Neo is also known as Chinese Ethereum. Neo also offers smart contracts but it more flexible than ETH as in Neo smart contracts are coded in Java, Python and many other programming languages. Neo has enough popularity in the crypto community and it contains two coins named as Gas and Neo. Both Gas and Neo are equally popular among the people and it is expected that in the initial month of 2019 the price of Neo will begin at 16 dollars. It can go down to Dollar 13 but it is assumed that the average price will be $14 in January 2019. Neo shows itself as one of the most promising coins in 2019. Moreover, Neo is aiming to create its own smart economy soon. It has great potential to diminish the dominance of Bitcoin and soon it will be used as a trading pair.
Ripple is the third biggest cryptocurrency in the world in terms of market cap. Ripple is the perfect global financial settlement service which is adopted by different banks across the globe. Indeed, it is the hugely accepted cryptocurrency by the different financial organizations due to its instant settlement system. When things come in regarding cross-border payments then it offers a trustworthy and secure solution so all the leading banks in the world has associated with Ripple. We can say that Ripple is one of the best choices to invest in 2019 as more and more institutions are going to support its platform.
It is assumed that it can reach up to $ 10 in 2019 as its current price is about $ 0.5.
Litecoin was introduced in 2011 and it is also the initial altcoin to be presented. Having the total market cap of more than 3 Billion USD it secured a place in top 10 cryptocurrencies. Litecoin has almost same features like Bitcoin. The main motive behind the creation of Litecoin was to launch a light-weight version of Bitcoin. One can use it for lower transactions. Moreover, it solves out the scalability issues and if Bitcoin is not successful to resolve scalability problems then its price can enhance drastically. One of the noticeable reason to invest in Litecoin is its lower market cap. Coins with the lower market cap have great potential for growth. It is expected that by the end of 2019 it can jump up to $400 and thus you can say it one of the best cryptocurrency to invest in 2019.
The current year was not a fruitful year for the crypto investors and there are great expectations with 2019. If you are looking to invest in 2019 then you this post can give you a fair idea. But do your own research first. You have to analyze all the factors before making any decision. You can also take help of your financial adviser before going further. Feel free to share if you find any other coin with great potential. We need your valuable suggestions so use our comment area to share. For more updates keep reading.