Jan 4, 2019 07:34 UTC
Jan 4, 2019 at 20:00 UTC
Top 10 Cryptocurrencies for 2019
Now that 2019 is finally, here, marking one whole decade since we have learnt what cryptocurrencies are, it is important to take stock of what all we have to look forward to.
Let’s take a look at the top cryptocurrencies of 2019.
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Top 10 Cryptocurrencies for the Year 2019
This name right at the top might have thrown you off a little. But hold on! We have our reasons to list the pioneering cryptocurrency that just turned 10 on 3rd January, 2019.
While almost the whole of 2018 has been a disappointing series of lows for Bitcoin, desperately struggling to live up to its 2017 high but failing miserably, times are possibly looking up now.
Well, why does the price of Bitcoin move so much? Well, the volatility of this crypto coin is dependent on many factors so we can’t guarantee anything.
Having said that, it seems that Bitcoin is headed for a bull run outbreak this year, as a technical analysis of the “buying streak” suggests.
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You might be thinking to yourself that this list is beginning to resemble that of Coinmarketcap ranking as per market cap, but Ripple makes it to the second spot on our list because of the tenacity it has shown over the course of 2018.
It has managed to rise in the ranks and displace Ethereum from the second spot.
Its merit as an efficient payment protocol as well as its myriad partnerships has only served to prepare it for a brighter year ahead.
You May Also Read: Will Ripple be a Good Investment in 2019?
3. Bitcoin Cash
If you have kept abreast of the crypto news last year, there is no way you could have missed the news of the Bitcoin Cash hard fork of November and the ensuing hash wars that followed.
While a portion of the community broke away to form Bitcoin Cash SV, Bitcoin Cash managed to stay afloat and do rather well in the face of adversities.
It’s fast and low-cost transactions have made it quite a great alternative to Bitcoin.
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EOS blockchain and its allied cryptocurrencies are quite the emerging heroes of the crypto space.
With a consensus mechanism that makes it far more scalable than the go-to enterprise and use case blockchain Ethereum, EOS is definitely one to look out for.
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Ethereum, despite its declining market cap, still remains a crypto currency and blockchain combo to watch out for.
When it comes to hosting blockchain smart contracts, dApps etc., most still choose Ethereum.
Backed by a credible team of developers and having a clearly well-established reputation, Ethereum is not going away anytime soon.
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This means that each unit of Monero comes with no baggage and can be exchanged for one another with ease.
It has not done too terribly even in the midst of crypto winter of 2018, and should be an interesting option for 2019.
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DASH, like Monero, is also a privacy coin with a great deal of potential. It has inked some smart deals of late, including payments gateway company ePaymints.
Subsequently, its adoption has also gone up in some places, especially in Venezuela. Although the year is just starting, DASH may probably do really well.
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The Cardano Cryptocurrency (ADA) may also be enjoying a good run this year, owing to its superior technological advancements over Ethereum in making smart contract and dApp (decentralized applications execution more scalable and easy.
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Stellar, which has many similarities with Ripple, has not done too badly for itself.
It is a payment protocol that seeks to achieve humanitarian aims and is enjoying increasing levels of adoption.
With a few sharp rises, it could very well become the sleeper hit of 2019.
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Litecoin continues to be a good investment idea this new year.
Even as the market has gone through major turmoils in 2018, Litecoin has remained a major crypto coin, with its speed and ease of transactions.
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