The Crypto market is booming and new cryptocurrencies are born every years. Many experts speak about big rise expect for 2020 ... The next rise could be of big proportions. For this reason, today I will introduce 10 potential cryptocurrencies ready to explode in 2020. What is next big cryptocurrency?
When we talk about cryptocurrencies we must make a premise. The cryptocurrency market is extremely volatile, but there are some more high-risk crypts than others and for this reason we must differentiate our approach to be able to understand which are the best cryptocurrencies on the market.Therefore in this post I would first analyze the cryptocurrencies defined “safe”.
1.Ripple (XRP)
XRP has already entered the institutional market and financial banking markets and has collaborations with American Express (AMEX), Banco Santander, SBI International and Money Gram. XRP has consolidated on the basis of its ability to transfer without any problems, any amount of money from one continent to another, with complete transparency, in a few seconds and all for a few dollars of commissions. See Also.. → 3 Best Sites to Buy Ripple in 2019
2. Ethereum (ETH)
Ethereum wins for market adoption and penetration in the ICO sector. ETH has survived most of the market correction in recent months. Many experts expect the Ethereum to recover from this small correction and continue to be one of the leaders in 2019. It is know that ETH is already used as the main currency for ICOs and most of the new ICOs are released with the ERC-20 token platform. This makes ETH a potential cryptocurrency.
3. Bitcoin (BTC)
Bitcoin is the currency with the largest number of trading pairs in the platforms, it is the first cryptocurrency to be inserted in a blockchain context, and it is, of course, the original cryptocurrency. A factor that many developers forget is brand recognition. Bitcoin is the cryptocurrency par excellence and if you approach a person and ask if he knows a cryptocurrency, he will tell you “Bitcoin”.Let us not forget that the Bitcoin had almost reached the $ 20,000 $ in December 2017 before a correction of the epic proportions brought the price to $ 8,450 on February 2018.
4. Litecoin (LTC)
Since LTC founder Charlie Lee sold his portion of LTC Litecoin, the price has plummeted, although he promised to continue working on the full-time LTC project.This move did not give confidence to the project, above all, because to see the founder of the coin that collects at its absolute historical maximum price, calls the sale.LTC reached peaks of over $ 350, 17 December 2017 and has since dropped to less than $ 148 on 5 February 2018. This is an astronomical price drop that basically mimics market correction.Litecoin can easily switch from a medium to a low risk with exceptionally high returns.
5. NEO
NEO is a platform for launching ICOs very similar to ETH. Some of their ICOs have specialized in virtual reality and artificial intelligence. This technology is cutting edge and they are trying to incorporate it into the blockchain.The ban on China from 4 February 2018 has had a dramatic impact on the NEO that has been hurt and the price has lost a lot of value.NEO could be classified as “safe”, however, it is not certain of the evolution of regulation in Asia.
6. TRON (TRX)
TRON’s founder and Peiwo APP CEO Justin Sun illustrated the six phases of Tron’s roadmap: Exodus, Odyssey, Great Voyage, Apollo Star, Trek and Eternity.
Justin Sun stated that the company aims to match Peiwo’s APP with TRX and complete the development of its main chain. Next, it will optimize the system based on multiple Web-based entertainment apps. Tron will be in the Exodus phase until the end of this year. At the moment, TRX listings include HitBTC, Liqui, Binance Gatecoin and Ether Delta. Cryptocurrency considers inclusion in other major Exchange exchanges in the future. See Also.. → 3 Reasons to Invest in Tron
7. Stellar (XLM)
Stellar is an open-source protocol for value exchange founded in early 2014 by Jed McCaleb (creator of eDonkey) and Joyce Kim,Stellar is the official currency used in the Stellar network. It allows a peer-to-peer capital transaction in real time. It is mainly aimed at microtransactions and international payments. The Stellar (XLM) is very similar to the Ethereum theory which is much more than a single cryptocurrency.
According to some observers, the Stellar Lumens price today equal to just 0.23 dollars, could mark a very strong growth in the coming months that would bring it to the 1 dollar area.
8. Dragonchain (DRGN)
Many believe that the DRGN is at high risk. Dragonchain (DRGN) is a blockchain-based business solution that seeks to simplify the process of integrating blockchain technology. DRGN was originally a Disney project that included the incorporation of blockchains for businesses.Their relatively small market share,offers many opportunities for growth. To be monitored.
9. ICON (ICX)
ICX is the Korean Ethereum and their network was released on January 24, 2018.ICX could be a low-risk cryptocurrency, just because it is about 9 months behind the ETH in terms of the market adoption calendar. ICX is led by a very competent team that provides blockchain solutions to hospitals, banks and universities.
10. STEEM
STEEM is a coin that is also expected to grow in 2020, as its Steemit community continues to grow. STEEM uses its blockchain to create an entire group of interesting platforms that can replace many of today’s most popular social networks. Creators on these social networks are paid in small amounts of STEEM coins for posting content, but only if their content is upvoted by others.