2019 isn’t far away. Arguably, 2018 has been a quite disappointing year for altcoins. Many crypto enthusiasts say that 2017 and 2018 have been the wildest years in the cryptosphere. As of now, more than 1600 cryptocurrencies are available in which most of the altcoins are going through bad times.
However, this downfall of altcoins cannot be connected to any one reason; this decline is the amalgamation of different factors. That being said, we have compiled a roundup of 5 best altcoins in 2019 that will surge and make you earn more money. So, without any further ado let’s get started with the list of 5 best altcoins.
1. Ethereum (ETH)
Ethereum is known as the king of all altcoins, and currently, it is ranked at the second position after Bitcoin. Ethereum had many issues this year including the rapid decline in its price. CEO and developer of Ethereum said that this rapid collapse in the prices is because of the network returning to its normal levels. Even with the decline in the price, we don’t see a cryptosphere where Ethereum doesn’t exist. Many crypto bulls say that Ethereum will surge and recover all the previous losses in the coming year.
2. Ripple (XRP)
Ripple (XRP) is a remittance system and a gross reconciliation network developed by a US-based company known as Ripple Labs Inc. Ripple is an open source podium which supports token issuance, currency exchange, and fiat transactions. Moreover, its objective is to provide financial institutions instant and cheaper cross-border transactions. Ripple is developed by a shared public ledger known as XRP ledger that implements a consensus procedure to enable remittances, payments and exchanges in a distributed method. Thus ripple’s objective is to provide instant cross-border transactions many banking giants have partnered ripple, and more banks are expected to implement the ripple protocol in 2019. The reason that ripple is safe today from the SEC we believe that ripple will survive the crypto bloodbath and surge shortly.
3. Litecoin (LTC)
Litecoin is the seventh biggest cryptocurrency by market capitalization, and it is the oldest altcoin in this roundup. Litecoin was founded back in 2011, and no it’s a BTC alternative having the top 10 market cap of more than 3 billion USD. Litecoin is a peer-to-peer digital asset that allows cheaper and instant payments to anyone around the globe. Moreover, the main difference between bitcoin and litecoin is the total supply limit. Litecoin’s coin limit is 84 million, and bitcoin’s total supply limit is 21 million. The mining time of every block on the LTC blockchain is 2.5 minutes. That being said, Litecoin is one of the major four on Coinbase with over millions of active users Litecoin will surely surge in 2019.
EOS is fourth on this list. Love it or not, the EOS ecosystem holds a huge potential. The ecosystem of EOS is similar to the Ethereum. However, it brings the cryptosphere to a global audience. EOS is the fifth largest cryptocurrency by the market capitalization. EOS is fast than Ethereum, and it has huge support from an enthusiastic audience. Recently, EOS accomplished a successful sale of tokens, and now it has a huge potential. These are the reasons why we believe that EOS will survive the altcoin bloodbath and it will make you more money in 2019.
5. Tron (TRX)
Last but not the least; we’ve Tron (TRX) that recently purchased BitTorrent, and it means a big thing for the Tron community if they can establish a secure torrenting procedure in future. Moreover, TRX is one of the ERC20 tokens to launch its MainNet, and over the past few years, Tron’s growth has been impressive. So far Tron has managed to reach 300,000 accounts and we believe that Tron will survive and it will rise in 2019.
That’s it. There you have the 5 best Altcoins that will rise in 2019. We hope you found this article to be helpful and don’t forget to share your thoughts in the comment section right below.
For real-time trade alerts and a daily breakdown of the crypto markets, sign up for Elite membership!
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
Image courtesy of Pixabay.
Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors
When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat. These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor. But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.
Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace. The real benefit to trading in these offices is to participate in the free flow of trading ideas and information. Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed. Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?
While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.
Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors. The goal of the platform is to help newcomers shorten their learning curve,…
CoinFlip Scores Big with BRD Wallet Partnership
As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible. While many crypto users are extremely tech oriented, a lot of those on the sidelines are not. The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above. In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country. Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.
In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map. Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells. BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit. The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.
Cryptocurrencies are already making a huge difference around the world. Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…
Can Libra help the crypto industry to reach new heights?
The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.
From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.
What is Libra?
Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.
Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.
The development of…
Is Bex500 an alternative to BitMEX?
EOS now available on eToroX exchange
How Bitcoin Has Changed Online Gaming
Bitcoin2 weeks ago
The advantages of bitcoin sports betting
Featured news2 weeks ago
How Tax Agencies Are Going After Crypto Traders
Bitcoin1 week ago
The Crucial Role of Cryptocurrencies & Blockchain in Modernising The Telco Industry
Bitcoin1 week ago
Will Bakkt Push Bitcoin into the Mainstream?
Trade1 week ago
Trusted third parties should issue stablecoins, not Facebook
Trade1 week ago
Not-For-Profit GoodDollar Secures Funding For 2020 As UBI Project Celebrates First Birthday
Hot Updates1 week ago
The Best Thing to Share with Your Family on Thanksgiving
Featured news1 week ago
Five Strategies for Lowering Your Crypto Taxes