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.