Top altcoins to invest in december 2020

Hi Felix Great article, thanks. Institutional capital will continue to pour into crypto even though this process appears to be going slower than anticipated. S December 13, at

Coins price prediction: Stellar lumens price prediction in 2018 and 2020

Is cryptocurrency mining profitable now? Both yes and no. It depends on what and how you mine plus your electricity bills may vary depending on where your rigs or farms are located. Bitcoin BTC is not the most profitable mining coin anymore: mining difficulty is so high it requires the whole farms jam-packed with juggernauts servers to get a block. Nevertheless, there are always a sufficient number of enthusiasts to support a new crypto project by mining or minting blocks and confirming transactions hoping for a future take-off to the Moon. Even if you use the best GPU for mining decejber plan to mine thousands of coins, think how and where you will use .

What the coin price depends on?

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 concept is awesome — connecting the publishers and advertiser without the middle man and his commission.

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While some altcoins may ultimately end up to be worth no more than a dirty bar napkin, they do stand to bring novel value not only to your crypto portfolio, but to the entire blockchain ecosystem as well, should they accomplish their intended goals.

So, take this article as your introduction to 4 blockchain projects and altcoins that we feel are emphasizing tech and organic, long-term growth over marketing and an artificial image.

Keep in mind that this article should NOT be construed as investment advice, and the following altcoins are not ranked in any particular order. Cue Electrify. At the very crux of Electrify. This system empowers homeowners to effectively choose from their own energy home-catalogue, to browse and purchase electricity from small-scale energy producers or retailers. Furthermore, Electrify. Asia has developed an IoT smart device — PowerPod — to accurately track and audit energy production from small-time energy producers, as well as a wallet — eWallet — to facilitate seamless payments via smart contracts.

Note that energy producers will face a minimum deposit of ELEC per kilowatt peak kWp of rated generation capability to memorialize data onto the blockchain. Other than the obvious power distribution and generation monopolies exercised by current centralized electricity markets, numerous fundamental issues plague a healthy and competitive electricity ecosystem and marketplace, including:. Electrify Asia is the brainchild of 2 Singaporean industry leaders and titans, and has already transacted more than 30 gigawatt hours GWh of electricity for business consumers since its incorporation.

Made widely available through open-source deployment and other open specifications, Pundi X is striving to consumerize cryptocurrencies and act as a catalyst for rampant global distribution and expansion through various end user layers. Specifically, the Pundi X mobile application and wallet is tackling the intimidating handling of both public and private keys for HODLers through a simplified and more familiar password-based system, while their second layer, a contactless smart payment card, further reduces the complexity surrounding crypto handling for those looking to skirt smartphone app utilization e.

Pundi X is ultimately anticipating a staggering network growth to accommodate overPundi XPOS devices in the next years. Curious to read up further on what Pundi X is, the team behind it, competitors and challenges, and how to purchase and store NPXS? Check out our article breaking down Pundi X in top altcoins to invest in december 2020 detail. Specifically, SophiaTX can be thought of as containing 3 fundamental parts:.

From small local businesses to large global enterprises all the way to end consumers, SophiaTX is creating a comprehensive enterprise ecosystem for persons and entities to participate across the entire value chain, meaning enterprise is no longer just relegated to their individual private chain — a stride truly supportive of holistic collaboration in a presently fragmented industry.

Simply put, the SophiaTX blockchain is geared towards the P2P exchange of information, through a comprehensive set of developer tools to create and deploy applications by way of blockchain technology and integrate distributed data with CRM and ERP solutions. In JulySophiaTX announced the successful deployment of their public mainnetmaking the realization of peer-to-peer architecture, decentralization, and scalability for enterprise and business a reality.

For business and top altcoins to invest in december 2020 to truly catalyze their operational processes, they must first integrate with ERP and other enterprise applications think SAP and recognize the following challenges:. Until. Head on over to their website and check out their whitepaper. Established by industry veterans and titans to tackle the glaring global supply chain issues stunting a cohesive and free-flowing ecosystem, Morpheus Network is a full-service, global, automated, open supply chain platform that leverages blockchain technology to automate, optimize, secure, forecast, and illuminate supply chain processes.

Morpheus Network also supports an integrated cryptocurrency payment system, spanning 1, banks across the world and integrated with SWIFT for direct international payments — all automated by smart contract. So, what separates Morpheus Network from the other decentralized supply chain projects on the blockchain? Large-scale money transfers via smart contract-enabled, real-world currency conversion payments across 1, banks and countries globally.

Morpheus Network is designed to be employed by both importers and exporters, while replacing traditional, unsecured, slow, and expensive bank wire transfers.

Finally, Morpheus supports an escrow payment service, for increased importer and buyer assurance, governed by smart contracts to release funds following the completion of contract objectives.

Present-day supply chain barriers are not only costly but time consuming. For example, sending a bulk shipment of flowers internationally can produce up to hard-copy documents spread across roughly a dozen sources, with a successful delivery hinging on a smooth and uninterrupted coordination of all documents. The Morpheus Network cuts out the arduous process of paper documentation by recording all necessary information on the blockchain — enabling real-time and tamper-proof updates.

Curious just how big the global supply chain management industry is? And there you have it, 4 altcoins we think are worth HODLing until Let us know in the comments! Owen has a background in law, SEO, and legal marketing, and has been investing in cryptocurrencies since He is especially interested to see how blockchain will intersect with the law, and its effect on traditional legal assistance and services.

Aside from crypto, Owen likes baseball, meat, and chess. Hydro will be the best token. Just look for your self. Looking forward to reading it. Cheers -OC. So as the number of transactions grow and broader customer base grows the total token supply will shrink! If you like Pundi X you might also like Graft. Graft on the other hand was able to solve their expansion issue by partnering up with Verifone and will be able to use some of the Verifone models already in use around the world. In fact, this year the Australia Post, the government-owned corporation that provides postal, banking, identity and retail services just updated all of their post office locations with a Verifone machine that is capable of using the Graft software.

Verifone itself is one of the world largest cc terminal manufacturer and was just sold in April for 3. Nice post. Thank you for sharing your knowledge.

7 Altcoins You Need to Watch in 2020

What the coin price depends on?

The technology altvoins likely become the new defacto standard for financial institutions and banks wanting to transfer funds worldwide. It has its eyes set firmly on a market currently dominated by Google, Amazon, Microsoft, and Dropbox. Then the participation in the Proof of Stake is likely to increase significantly, especially as exchanges such as Binance will also offer staking to their users. Receive top notch forecasts for free. Presumably Bitcoin needs additional time before moving to a state of accelerated rise. Conclusion Investing in cryptocurrencies can be a highly profitable business opportunity, but you have to be able to follow the latest market trends and understand how to buy or sell on time. In her free time, she is reading classic American literature and learning Swedish.