5 Alternative Coins to Invest Now For 2020
Despite the bearish run of 2018, there are many investors who want to stick around and take the chance of using the amazing opportunities given.
However, predicting the top cryptocurrencies to invest in is nearly impossible. So, here in this article, we have rendered a list of top alternative coins to invest in 2020.
Ripple (XRP)
Ripple will surely dominate the institutional banking infrastructure, which means Ripple forecast 2020 is quite optimistic.
Also, Ripple might just partner with Western Union, and they may even replace the SWIFT network. Besides, Moneygram and Western Union are already considering using XRP.
There are chances Ripple win the remittance market in the long run.
The price predictions for this cryptocurrency in 2020 differ. According to WalletInvestor, the XRP price may rise by 380 percent and reach $0.6–0.7 in a couple of years. The price prediction from lomgforecast.com is $0.42, whereas cryptoground.com says it will be $1.20. This makes it perfect for long term investment.
Ethereum
Ethereum is a smart contract platform that allows the developers to build decentralized apps conceptualized by Vitalik Buterin in 2013.
Trading currently at $238.92, Ethereum is in a very challenging position. But it still has a massive lead over all other platforms in term of a network effect.
Unlike other cryptocurrencies, Ethereum allows the users to send payments when definite conditions are faced automatically. This attribute, along with its professional profile, has definitely a bright future.
Litecoin
Litecoin is one of the major crypto coins to invest in, and it will continue to conquer the market. It is all because of its technological superiority over bitcoin. While bitcoin cannot serve as a global payment network, Litecoin can easily share this network load.
The predictions say that Litecoin price can double in 2020 and reach $80. Some also say it will rise by 440 percent and reach around $234 by mid-2020.
NEO
Currently trading for $10.77, NE0 ranks on the 20th position on Coinmarketcap.
NEO is liked by many because of its ability to enable the reliable digital management of real-world assets. And, because of its underlying revolutionary technologies, NEO will continue to grow with record-breaking volumes.
This currency is predicted to reach $274.8 by the end of 2020.
Stellar (XLM)
Stellar is an outstanding cryptocurrency that focuses on smaller transactions.
XLM will undoubtedly become the top platform for enterprise-level payment infrastructure.
Stellar will surely dominate the market with the area including remittance payments, ICOs on stellar, decentralized exchanges, cross-border payments in small banks, and implementation of the lightning network.
The price prediction of this cryptocurrency is around $0.64-$0.7.
Conclusion
Despite the several rumors, the crypto bubble is not going to end anytime soon. Therefore, if you invest in the best coin, you can surely multiply your profits in two years. So, learn the trends of the cryptocurrency market and buy any of the coins mentioned above while they are still available.
