Best Cryptocurrency to Invest in 2020 :
A wise man once said - "Be fearful when others are greedy, and greedy when others are fearful". A quote from one of the greatest investment geniuses of our time. Bitcoins dominance has been exploding, but soon the real winners will be altcoins. Decentralized, scale-able and most importantly Fundamentally strong. We're going to be looking in best cryptocuurency to invest in 2020.
Before Coming to our topic , If you are new learner here we recommend you to first read about What is Cryptocurrency ? Moving forward 2017 gave birth to one of the biggest cryptocurrency rallies of all time. Cryptocurrency was running wild. From Ethereum to Dogecoin. It seemed like every single altcoin in existence was seeing 100x returns. It was like shooting fish in a barrel, until the bear market came and stopped the gains in their tracks.
Here are some of these projects :
This is where Chainlinnk comes in. In the blockchain world. We call a universally trusted source an Oracle It's an agent who finds and verifies real-world information and submits it to a blockchain for a smart contract to use. Chainlink is a decentralized Oracle platform which connects to real world applications and data. It aims to bridge the gap between blockchain and legacy systems. Basically, Chainlink takes information that is external to blockchain applications and puts it on-chain. If you think that smart contracts are going to be a big deal then the tool that chainlink is building is going to be a core part of that. LINK is solving a problem faced by Every smart contract platform. It doesn't matter if it's Ethereum, Cardano or Tron every smart contract platform will need an Oracle solution to connect to the real-world and LINK might just be the endgame solution for this. Hyundai, LG Samsung. What do you get when you combine one of the world's most technologically innovative countries and blockchain? You get ICON. Your physical ID card could be a thing of the past as ICONLOOPS, MyID Alliance is aiming to make this a reality,
3- Energi NRG :
Energy have taken the idea of a self-funding Treasury to the next level with one of the largest percentage allocations to the Treasury of any master node blockchain. A full 40 percent of the released NRG goes to the Treasury. These funds are used every month for marketing and development of the project This is meant to ensure longevity for the project providing funds to improve technology, grow the community and to compensate developers. This alone makes them a real standout. For Energy 2020 will be a year of adoption with campaigns to build energy merchants acceptance worldwide.
4- Apollo :
Apollo is an all-in-one digital currency which combines the features of mainstream cryptocurrencies into one platform Apollo has made history by becoming the first project to utilize sharing on an active blockchain. In 2020 the foundation will focus on achieving true mass adoption by its national currency initiative the initial target is the continent of Africa where the foundation has partnered with a ADF group to pitch to all 54 nations on the continent of 1.2 billion people. This is big. The foundation is also developing tools for mass adoption, including a light wallet app The mobile app will have a QR code as well as merchant features This will help Apollo to gain merchant adoption globally. Apollo's aims are pretty ambitious to say the least it aims to become the all-in-one crypto for all use cases. If it manages to achieve these goals It could be on its way to become one of the top cryptocurrencies in the future. Definitely one to keep your eye on. The role of blockchain and finance is ever-growing. In fact, It's a 300 trillion dollar market.
5-Fusion FSN :
Fusion is a project that aims to tap into just that. It's making waves in the decentralized finance space having signed more than 40 partnerships over the last 12 months. Fusion released their main net in June. Today, there are more than three hundred nodes validating transactions on the network earning close to 40 percent annualized staking rewards. Fusion boasts a rich feature set that includes tools for peer-to-peer exchange time locking, asset digitization and more. However, the most exciting piece of technology will be launched by the very end of 2019. It's called distributed control rights management, and it solves the problem of interoperability between blockchains. To put it simply DCRM works by sharding private keys and distributing them between network nodes. This allows for a custodial account to be controlled and managed by a blockchain. This is called distributed custody. DCRM will be used by banks, exchanges, custody providers and more to improve their connectivity operations and enhance their security modules. I expect 2020 to be a huge year for Fusion as they continue to build on exciting tech and push forward with adoption. Another South Korean project that aims to impress.
6-Fantom FTM :
Fantom is a cryptocurrency that does not use blockchain. Instead it uses an innovative approach called DAG. Without dwelling on the technical details to put it simply unlike blockchains. It's Infinitely scale-able with the capacity to do virtually anything that's done today on the Internet. For example, it could be used as the nervous system for smart cities. It could be the infrastructure backbone for a complex network of devices connected via the Internet of Things. A key innovation Fantom has pioneered is the Lachesis Consensus. This enables Fantom to settle transactions instantly and run smart contracts at high speeds. In recent testing it achieved 25,000 transactions per second. Once launched it could reach speeds exceeding 100,000 transactions per second. Other DAG based cryptocurrencies have similar aspirations but Fantom can also run smart contracts. Most recently, they have launched a white labeled stable coin issuance solution.
stablecoins, which is already being adopted by several companies. Be greedy when others are fearful. When everyone else is running scared that's the time to be an optimist. This is where the real money is made.
We hope you had get clear picture of best crptocurrency to invest in 2020.
1- What is Cryptocurrency ?
Its a digital currency , without having any physical existence. Its allow every user's to make transaction from worldwide , faster and eaiser. We already had detailed discussion on what is cryptocurrency
2- What crypto will explode in 2020?
The altcoin Ripple XRP , Which is been centralized by banking sectors. Xrp already shown its growth in the past years. Even its expected seeing the graph upward in 2020.
3-Should i buy Ripple XRP ?
Currently ripple is being in top 10 coin. And currently being tested under around 100 banking sectors. In future its expected that ripple shake-hands with many other companies.
4-What's the cheapest Cryptocurrency to buy?
Here are some cheapest with high quality of potential to grow in upcoming months :
5-Stellar Lumens (XLM)