Best Cryptocurrencies To Invest In 2020
2020 sees the birth and end of cryptocurrencies you can invest in. Without a proper guide, it’ll be hard to sift through them all! This is our guide on the Best Cryptocurrencies to Invest in 2020! (Updated for 2020)
To understand the risks of investing in cryptocurrency, check out our article Investing in Cryptocurrency; What you need to know.
If you’re a first time investor, worry not! Read our article on How to Invest in Cryptocurrency as a first-timer! If you’re hearing about cryptocurrency for the first time, check out our article What is Cryptocurrency and Where did it come from?
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Many of these cryptocurrencies grew massively from 2019! Every one of these cryptocurrencies are worth investing in, and their growth is phenomenal! A good cryptocurrency is one that has a solid purpose, standing and growth.
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Check out the best cryptocurrencies to invest in 2020:
Even though Bitcoin and Ethereum still stand as the best cryptocurrencies, there are some emerging Cryptocurrencies to invest in this year.
So, what are the best cryptocurrencies to invest in 2020?
Although Zcash is quite new in the market, it has been able to cover diverse grounds within a short time frame. Creator of Zcash is Zooko Wilcox-O’Hearn. He is continually planning for the growth and expansion of the coin.
Currently, Zcash has generated twenty-one million coins in its transactions. To invest in the coin is simple. Users enjoy a distinct level of anonymity and details pertaining transactions executed can be given.
The price of Zcash is:
(a whopping nearly double since last year!)
When it comes down to the top Cryptocurrencies to invest in 2020, Dash should never be left out. It was built in the year 2015, and immediately its market capitalization hit $2,036,525,273.
Within a short time frame, Dash has handled roughly $100 million worth of transactions every day. The Cryptocurrency is highly safe and secure. Currently, the price for Dash is:
The creator of NEO Cryptocurrency is none other than Da Hongei. Basically, NEO technology is currently underpinned by a system known as Byzantine fault tolerant system.
NEO has an enhanced PoS; Proof of stake and this simply makes it one of the best Cryptocurrencies you can invest in 2020. The price for NEO is:
(more than double last years!)
Generally, Steemit is a blogging and social media platform that took the opportunity to delve into digital currencies. Activities such as commenting and writing blogs on the platform are rewarded with tokens.
Meanwhile, this is actually making waves as there are diverse writers that have shown interest in the platform. The price for Steem is:
Cardano is none other than the distributed computing platform that applies Blockchain innovation for its coin; ADA. It is a completely open sourced digital currency project. It is also the first platform that is based off on Haskell code.
The Haskell code is an industrial product that is utilized for mission crucial networks. The price for Cardano is:
Check out that growth! (A whopping 3x increase in market cap since last year!)
Even with its occasional growth, Tron still manages to attract the interest of diverse investors to its Cryptocurrency. This is simply because a majority of its investors have seen its prospects within months.
Tron was created by Justin Sun, and it is built on a decentralized platform. With this virtual currency, swift and secure transactions can be executed. The primary goal of Tron is to boost and back up the entertainment industry.
The Cryptocurrency simply allows users to not only upload but also download diverse types of media without the intrusion of intermediaries. The price for TRON is:
Look at that market capitalization! (A huge increase from last year’s ~800m)
Besides being the world’s biggest Cryptocurrency exchange, it also has a coin. The coin BNB is grouped under the top thirty digital currencies in the world according to market capitalization.
Moreover, Binance has high liquidity, and it is one of the superior assets in trading Cryptocurrency. It provides great potentials in the long run because it grows steadily even in hard times.
The price for Binance coin is:
[ccpw id=”96287″] (Up from last year’s $4.88!)
Plus, its market capitalization is nearly 8x more than last year!!!
To Sum It Up
These cryptocurrencies are absolute gold! Some have increased over 8x in the last year! If you’ve had the chance to invest in them, you’d be seeing massive returns!
Before investing, you can also take out time to carry out more in-depth research on these coins.
We’ve written a great article on How to Invest in Cryptocurrency as a first-timer! This goes over some great aspects of investing in cryptocurrency that can help you make educated decisions!
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