Today, cryptocurrencies
with Bitcoin’s popularity break free of being something unusual. Crypto is an
interesting field in which you can invest your money, and receive regular
income as a result.
In this article, we will highlight the top 5 most promising cryptocurrencies in 2020, as well as help you be in the loop on the crypto field. Find out how to determine the most profitable cryptocurrency to invest in. Let’s get started!
Stratis
To date, the rate of this
currency is about $0.30651, capitalization of more than $30 million. Nowadays,
it isn’t the most popular cryptocurrency. However, experts predict its growth
in the near future, which means that good investment will bring profit in a few
months.
This currency operates on a blockchain system. The creators are about to create a simple and user-friendly payment system that will sweep the market. A key feature of Stratis is a unique platform that allows you to use apps designed for corporate use. The currency code is restricted-access, that is, it ensures high security and reliability during transactions conducting. Thanks to the unique platform, apps can be developed using C # and .NET frameworks. This fact increases the interest of companies that use cryptocurrencies to pay for transactions.
Monero
Today Monero costs about $57.90, while the market cap is $1 014 919 896. This is a relatively hot currency, which entered the market about three years ago. It was able to break into the positions of the most popular cryptocurrencies within months. Monero is a completely independent unit, which has nothing to do with Bitcoin.
The developers are about to create the most anonymous service that could protect the data of transaction participants using the CryptoNote protocol. The program creates a unique code that provides the use of ring signatures. Today, a lot of platforms choose Monero as a means of payment.
DashCoin
If we’re about to
distinguish the best cryptocurrencies to invest in 2020, then it’s time to
consider DashCoin as one of the most promising options. The current exchange
rate is $80.19, and the capitalization is $757 280 110. Growing
interest was caused by updating software produced in 2020.
The developers introduced new features allowing to use second-level networks. A user will be able to create his own wallet, which can be accessed not only from a computer but also from any other electronic device.
MaidSafeCoin
The cost of this cryptocurrency
is $0.138795. The platform is a bit old-fashioned, advanced users know it well,
as it has existed for more than ten years. The cryptocurrency appreciation
occurred most recently thanks to the launch of the new Alpha MVP software.
This is the right cryptocurrency
for investment in case you’re afraid of information leakage. The program first
encrypts the data on your computer, then it goes right to a decentralized
server. You can’t access the data without the permission of its owner.
Factom
New cryptocurrencies always cause interest and fears. However, experts believe that Factom will gain power in the near future and make more and more users interested. The peculiarity of this crypto is an ability to create your own invariable database. Such a base will retain all the blockchains, which will allow a transfer of information in the form of a ‘stream’ within its own network. The currency is of particular interest to the Chinese. For about 20 cities have already signed contracts with Factom.
Disclaimer
This information is
provided for informational purposes only. Such information is not intended as
and may not be relied upon as trading advice. Before deciding to trade
cryptocurrencies, you should carefully consider your objectives, level of
experience, and risk appetite. Please do your own research and due diligence on
the services provided by online cryptocurrency trading platforms.
Leave a Reply