Top altcoins and cryptocurrencies to invest in 2020

Hi, is it too late for IOTA? It is a new hit exchange that is surging to top of trading volume lists and receives heeps of praise from users. By April, prices had peaked out at satoshis, before swiftly retracing back to the satoshi area in May. Stratis was one of the biggest risers in April and May of this year, and it is currently sitting comfortably at 8th position on CoinMarketCap. What is Bitcoin? Thanks for the great insigth.

‘The Next Bitcoin?’ Top 5 Cryptocurrencies That Will Outperform in 2020

These are the two questions most often asked by those unfamiliar with cryptocurrencies and yet seeking to realise the returns advertised by the space. In truth, there is no next Bitcoin or next Ethereum. What people are really asking is which cryptocurrencies will outperform Bitcoin? Which investments in crypto will provide returns similar to Bitcoin or Ethereum? Another unfortunate truth is that the answer to the latter is likely nothing, and, if there is such an investment, the likelihood that you will find it, buy it at the lows and hold it all the way until those returns materialise is akin to winning the lottery.

From cross-blockchain transfers to a banking competitor cryptocurrency that targets over 2 billion users

The main characteristics that you must consider before purchasing or investing in cryptocurrencies are: retailer acceptance, verification method, and market capitalization and daily trading volume. Read our updated guide on most profitable coins to mine. Since you have read up to this part, you are probably very eager to find out what could be the next bitcoin or next big cryptocurrency so you can go and buy it. Here is a list of the most promising altcoins and cryptocurrencies to buy in according to our research that was framed by coin market cap, future scope, demand, and value investment asset. This project has all the ingredients required to be extremely successful and definitely should be included in any lists that cover proper altcoin investing.

‘The Next Bitcoin?’ Top 5 Cryptocurrencies That Will Outperform in 2020

These are the two questions most often asked by those unfamiliar with cryptocurrencies and yet seeking to realise the returns advertised by the space. In truth, there is no next Bitcoin or next Ethereum. What people are really asking is which cryptocurrencies will outperform Bitcoin? Which investments in crypto will provide returns similar to Bitcoin or Ethereum? Another unfortunate truth is that the answer to the latter is likely nothing, and, if there is such an investment, the likelihood that you will find it, buy it at the lows and hold it all the way until those returns materialise is akin to winning the lottery.

However, the former question is a more interesting prospect, as I firmly believe that there are numerous cryptocurrencies that will outperform Bitcoin and Ethereum over the next 12 months; and that in itself would likely provide an outstanding return-on-investment.

In this post, I will provide the top 5 cryptocurrencies I expect to outperform Bitcoin inselected by coupling fundamental analysis of each with an overview of their price-histories, thus determining their speculative prospects.

The most important consideration here was that each cryptocurrency project have a strong value proposition, sound development, a committed and experienced team and, of course, an attractive price. Below, I have provided an introduction to each of these cryptocurrencies, as well as an overview of their fundamentals, their price-histories and given a tongue-in-cheek prediction in the conclusion.

Note : I do not expect these predictions to be accurate, given the innumerable variables in the cryptocurrency markets; they are provided for reference. Komodo is a cryptocurrency that was launched in Q3 and operates within a multitude of sectors in the market, with aims of providing an end-to-end solution for the development of blockchain infrastructure.

Despite its current iteration being in existence for 3 years, its development began in In short, Komodo is a plethora of solutions to a number of problems. Further, Komodo is on the breaking edge of use-cases in the space, having developed a decentralised exchange for atomic swaps with a mobile appan adaptable framework for blockchain development that is highly customisable via Smart Chains and, of course, privacy, by proxy through Piratechain a native token to its ecosystem.

Given the depth and breadth of developmental progress being made with Komodo, I expect it to cement itself as one of the top blockchain projects in Price then found support at 29, satoshis for a short while before rallying rapidly to 88, satoshis, ending the bull cycle and leading to a break of significant support and a cyclical low being made at 17, satoshis in the winter of Price then failed to form an accumulation range at this low, instead sharply reversing and beginning a new bull cycle that printed a double-top at 88, satoshis around the New Year.

Following this, we have seen an extended bear market, now almost two years in duration, with price breaking new lows almost every month throughout that period. I have bought a position with an average entry of 7, satoshis, as I expect that this will reap rewards in In their own words:. Most impressively, having launched its Narwhal mainnet this past summer, NKN now has a larger full node network than Bitcoin, with 22, live nodes at present. NKN considers itself the third pillar of blockchain infrastructure, where Ethereum is decentralised computing; Filecoin is decentralised storage; and NKN is decentralised networking.

I am expecting the strength of the network to continue to grow as the service itself comes to the forefront in Following listing in June, price crashed to satoshis in August and then formed resistance at 1, satoshis, which became a triple-top over the subsequent months, with NKN forming a broad range between a low of satoshis in December and the 1, resistance.

Since then, NKN has bounced off the bottom on significant volume, rallying to satoshis upon its listing on Binance, which was followed by a move back to satoshis, where it currently sits. This is a prime area for accumulation, especially given the recent Binance listing and the fundamental quality of the project and I am invested from satoshis. I expect another leg up to follow in the coming months, taking price back above satoshis. V-ID is a top altcoins and cryptocurrencies to invest in 2020 that was conceptualised in and differs greatly from most in that it is a cash-generative business at its core; a subsidiary of WIDIDI.

More uncommon still, the team developed a working product prior to raising funding via private and public sales. It operates within the data validation sector of the market. They are seeking to become the market leader in file protection and validation, with the V-ID software already having over 30 clients.

The service utilizes generic and trusted principles to enable validation and verification for any digital file, of any publisher.

This is possible thanks to the immutable and transparent nature of blockchain. Most importantly, V-ID is a growing, cash-generative business. Last month, 1. Further, 1. Unlike the vast majority of altcoins, V-ID actually produces cash flow, which is growing month-on-month. Further, with each month of growing revenues, more VIDT is burned, artificially decreasing the circulating supply and reducing headwinds for price growth.

As such, I am buying VIDT at current prices, in anticipation of a new market cycle beginning in FANTOM has the intention of being used on a large scale in various industry verticals, such as telecommunication, finance, logistics, electric vehicle provision and.

To facilitate consistent global transactions with high accuracy and reliability, the FANTOM Foundation will lead the next generation of distributed ledger technologies. The platform intends to be open-source: used and changed by the community, and to provide various application support tools that can be used to create decentralised applications DApps. Firstly, upon initial listing, Fantom fell off towards lows of 90 satoshis in Februaryat which point it formed a base that preceded the first major bull cycle.

By April, prices had peaked out at satoshis, before swiftly retracing back to the satoshi area in May. A sharp reversal brought price back above satoshis in June, peaking at an all-time high around satoshis. Since, Fantom has been in a bear market, with successive lower-highs and lower lows, though it appears to have formed a new base at satoshis, which began in October. Buys on a retest of this breakout provide the lowest risk for longer-term positions going into For further reading, check out my Coin Report on Fantom.

It operates within the Big Data sector of the market, with aims of making high-volume data exchange trustless, inexpensive and secure, allowing for businesses to both monetise these data streams and drastically improve the efficiency of data transfers. As computing moves increasingly to the edge, Constellation provides the only scalable, secure solution for a world with more connectivity, more centralization, and more concentrated risk.

Nonetheless, this is certainly a project I want to be invested in going intoand so I am buying on dips where I can, adding to the original position I bought during the long consolidation period that can be observed on the chart.

Price has broken out of this range with some conviction, forming new support at the range resistance of 70 satoshis. Following this, new resistance was found at satoshis, which has also since been broken as price rallied into the September peak of satoshis last week.

Top altcoins and cryptocurrencies to invest in 2020 would expect a move back to satoshis to flip that prior resistance as new support, providing an excellent entry for those still on the sidelines. Moving intoI am expecting big things from Constellation, with the all-time high that was printed upon initial listing at satoshis firmly in sight.

Given that this high was printed during the first few days of trading, I would expect the first full bull cycle to take it. For further reading, check out my Coin Report on Constellation. And that concludes this post on the top 5 cryptocurrencies that I expect to outperform Bitcoin in Join my mailing list today to receive a free copy of my page ebook, The Definitive Guide To Altcoin Selectionplus receive regular exclusive material I don’t publish elsewhere:. I consent to receive emails and have fully read and agreed to the privacy policy.

What about XYO? What do you believe their performance in will be like? My best description for it is a geo location data based cryptocurrency.

If I remember correctly, they built it with keeping maps accurate and sharing earned coins with other users of the app as a way to help people within your community. DAG is literally featured in the post, haha. I also think there are better DAG projects than HBAR at the moment, though it may come into its own considering it laid the groundwork for a lot of. Save my name, email, and website in this browser for the next time I comment. Notify me of follow-up comments by email. Notify me of new posts by email.

What is the next Bitcoin? What is the next Ethereum? Prediction: satoshis in For further reading, check out my Coin Report on Fantom. Prediction: satoshis in For further reading, check out my Coin Report on Constellation. If you have any questions, feel free to leave them below!

Join my mailing list today to receive a free copy of my page ebook, The Definitive Guide To Altcoin Selectionplus receive regular exclusive material I don’t publish elsewhere: I consent to receive emails and have fully read and agreed to the privacy policy.

Next Post Market Outlook Johnny 11 Dec Reply. Elastos is getting their OS ready for january, so it could be a very good investment for Makaio 1 Dec Reply. Shaun Tedeschi 13 Nov Reply. AXE has had a nice little tun since Jan. Sarvesh 10 Nov Reply. Nik 10 Nov Reply. Daniel 8 Nov Reply. Mike 7 Nov Reply. What about LIT? Thanks, Mike. Nik 8 Nov Reply.

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Further, 1. In my humble opinion, there is one that is not on the list, but it should be closely monitored, DeepOnion. Great article. They come across as rude and arrogant very often and their altcons partnerships with big companies Microsoft and similar are all unconfirmed and perhaps made up. This is a prime area for accumulation, especially given the recent Binance listing and the fundamental quality of the project and Cryptocrurencies am invested from satoshis. What are the cheap penny digital currrncies dat has great future in This supercomputer will process anything from scientific research in academia through to rendering the latest block buster movies, and once complete users will have supercomputer processing power at their fingertips. Check out our guide on the next big cryptocurrency. Reply Sandy December 17, at But TenX team is top 3 in whole crypto world if you ask me — big, solid, serious team is the main reason I believe in this coin. Can you help me with knowing whats the best wallet? Note : I do not expect these predictions to be accurate, given the innumerable variables in the cryptocurrency markets; they are provided for reference. Monero has the mixing system built-in. Many developers are working on apps top altcoins and cryptocurrencies to invest in 2020 use the potential of smart contracts. Below, I have provided an introduction to each of these cryptocurrencies, as well as an overview of their fundamentals, their price-histories and given a tongue-in-cheek prediction in the conclusion.