Investors and traders become very conscious, when there is a right time to invest in any digital asset of cryptocurrency.
Analysts remain updated about the trends and movements of different cryptocurrencies and publish their prediction about the price analysis of virtual currencies.
There are following 5 most encouraged altcoins by traders and prominent analysts.
1. Cardano (ADA):
Cardano is moving gradually towards decentralization by enhancing his Blockchain technology. Recently, in an attempt to be a decentralized system, Cardano launched its “Test net”.
it is devised by using advance scientific principles and is known as Blockchain of third generation. Cardano has launched update version of proof of stake for processing transaction and generation of new blocks.
The surge of Cardano (ADA) reached to $1.33 USD on Jan 4, 2018 which is a good score by coin.
Its improved technology is designed in a way to solve the biggest problems of cryptocurrency.
2. Ripple (XRP):
Ripple (XRP) is proving an out-class system of payments to its users. Centralized banks and finance firms companies are looking for transactions in low-costs towards Ripple.
Ripple helps its users to send and receive money across the borders in low-costs. Ripple is overthrowing others altcoins in a race to rank above on Coin Market Cap. All time high value of XRP is $3.84 USD.
Ripple is not just a virtual possession but it is a hope of many banks, making their transaction through XRP. If number of banks using this digital asset enlarged, the importance of coin will increased more and more.
3. Litecoin (LTC):
Litecoin is considered as silver due to its successive journey from the day of its releasing in the markets of cryptocurrency.
LTC is a top-ranking digital currency used in virtual transactions which compels it to rank on winning numbers on exchanges.
It is a best coin to invest in 2019 because it can give a very handsome amount of money in return. All-time high value of coin was $375 USD in 2017.
The speed and frequency of running transactions on the platform of Litecoin is greater than Bitcoin which make this coin prominent in the arena of cryptocurrency. In addition, Litecoin has a largest storage of coins in the market which is equal to 84 billion, four times greater than the capacity of Bitcoin.
4. Chainlink (LINK):
Chainlink is an efficient token using the platform of Ethereum. It is proving a golden opportunity to the folk of cryptocurrency to make versatile smart contracts. The position of LINK becomes strong from last few months and maintains itself at good standing while other altcoins are going down.
All-time price value of Chainlink (LINK) is $4.54 USD in the start of 2019.
Almost, 10$ million target is gained every working day of crypto-markets. LINK is working efficiently on famous exchanges of cryptocurrency like Binance, Huobi and bithumb.
BAT (Basic Attention Token):
It is a first internet asset which is tried to connect users, publishers and advertisers and where you can also earn BAT tokens by seeing advertisements in the brave browser.
The total supply of token is 1,500,000,000 BAT and circulating supply is 1,273,006,300 BAT. ROI of Basic Attention Token is 76.90% and all-time high price value is $ 0.98 USD.
BAT got attention of people through Brave browser which is advertisement free browser. BAT is an interesting digital asset to invest in 2019.
What you think about these coins please do comment and let us know your top 5 is well.