Complete details for Top Cryptocurrencies for investing in 2019
Blockchain has evolved as one of the best technology which has revolutionized several aspects of the world. There are countless ways one can invest in cryptocurrencies and this makes it difficult to choose the best. While some options may turn out to be awesome others might be severely disappointing. Not all traders might find the same currencies to be interesting. All-time favorites are bitcoin and ethereum but there are other emerging tokens that are worth investing. Here we bring to you the list of top currencies that you can try investing in the year 2019.
Top cryptocurrencies to invest in 2019:
1. ZCash or ZEC: it is new to the market but has captured numerous grounds in a small time span. The CEO of this company is Zooko Wilcox-O’Hearn. He is a forward thinking person and has several expansion strategies and plans for growth. Currently, they have 21 million coins available in transactions and it is easy to invest in this currency. Also, they maintain a high level of anonymity and users get reports about the transactions in a detailed manner. It is considered as one of the best currency to invest currently in the crypto world.
2. Dash: if you are looking for an amazing investment opportunity in the crypto market then digital dash has amazing value. It was launched in the year 2015 and since then its market capitalization has hit around $2,036,525,273 within a short span of time. The team although new has handled around $100 million value transactions on a daily basis which proves that the platform is secure and safe.
3. Neo or NEO: Da Hongei and Vitalik Buterin have made huge contributions in the industry of blockchain. While the former one is the creator of NEO coin the other one is the person who has launched Ethereum. This coin makes use of technology which has been underpinned by a system known as delegated byzantine fault toleration. This adds a level of sophistication to the coin and makes it safe to invest in.
4. Steem (STEEM): this cryptocurrency is introduced by Steemit which is a popular social media and blogging platform. It gives users awards for writing comments and blogs. It has become a lot more popular amongst creative writers.
5. Cardano or ADA: ADA coin has been implemented by a distributed computing platform known as Cardano. It is an open-source and decentralized blockchain project which has been launched by this company. It is the first platform which makes use of Haskell code which is used often for mission-critical systems.
6. Tron (TRX): There is an occasional increase in the price of this cryptocurrency but still it is attracting lots of investors. It has high potential and this decentralized platform has been launched by Justin Sun. it is used to perform secure and fast transactions and supports the entertainment industry by allowing upload and download of media without any third party interventions.
7. Nem ( NEM): this cryptocurrency is unique because these coins are harvested instead of mining and there is a concept of proof-of-importance in this crypto. The transactions are super fast and take 6 seconds to show up and just 20 seconds for confirmation. Transaction cost is also quite low i.e. 0.1% only. It consumes less power also as compared to BTC.
These are some of the top cryptocurrencies to invest in the year 2019. While most of them are new startups, still they are promising. It is important to do your own research well before making any investment decision and also to invest the amount only which you can risk. This will prevent you from losing much.