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While the mainstream cryptocurrency markets are consolidating after the drastic fall, the move has moved to Altcoins. There are many relatively unknown cryptocurrencies and Altcoins that are increasing significantly. Bitcoin (BTC) is the primary cryptocurrency. The other cryptocurrencies are known as Altcoin.
The world of Altcoin is full of risks. Not every and everything that touches will turn into gold. Many of them will burn to ashes. An adequate due diligence will help you avoid such Altcoins. In total, over 200 different cryptocurrencies are listed. And for this; it is a difficult task to find the best Altcoins.
Today we will highlight the best Altcoins you should keep on your radar. Only after adequate research, you should act on this list. While many of them may be the best Altcoins to invest in, it is imperative that you conduct your research in addition to the information we will share with you below.
Let's start with the list of the best Altcoin!
1. Ripple (XRP)
2. Ethereum (ETH)
3. EOS
4. Cardano (ADA)
5. Stellar lumens (XLM)
6. Zcash (ZEC)
7. Tron (TRX)
8. Monero (XMR)
9. Litecoin (LTC)
10. Binance's money (BNB)
We will now enter the list of these best Altcoins to invest later.
1. Ripple (XRP):
Ripple (XRP) is undoubtedly the most fundamentally strong Altcoin on this list. And for this; is at # 1 on our list of the best Altcoins to buy now. After the recent correction, it went from $ 3.52 up to under $ .50. Therefore, it is also available at attractive valuations.
Before making an investment decision, it is essential to know the fundamentals of Ripple (XRP) better. Ripple blockchain is known as RippleNet. Ripple Labs has developed many products such as xCurrent, xVia, xRapid to use this blockchain. These products help banks and financial institutions to initiate instant cross-border remittances in real time. These ended in real time. Ripple (XRP) regularly launches these products to banks and financial institutions. There is a significant amount of traction for RippleNet products.
Expenses incurred during the use of the Ripple blockchain (XRP) are much lower than conventional transfer methods. When you move around $ 1000, the transaction fee is less than $ 1. So it is not only quick but also cheap.
The XRP token is the token used on the blockchain of the ripple. Ripple (XRP) offers however options to banks and financial institutions to use the Fiat currency on its blockchain. Therefore, Ripple (XRP) has solid fundamentals, but the freedom to choose the fiat currency is what has hindered the growth of Ripple (XRP) so far. However, it is actively trying to make the XRP token more profitable for blockchain users through its xCurrent protocol.
Why is it on this list?
• Ability to send cross-border remittances in real time
• Efficient Blockchain
• Low rates
• Increase traction by banks and financial institutions
• Multiple chain products
Crypto exchange on which you can buy: Kraken, Bitstamp, Coins.ph, Huobi, Bithumb
2. Ethereum (ETH):
Ethereum (ETH) is the classic case of volatility in cryptocurrencies. It articulates precisely how the fortunes of a cryptocurrency can change. The potential of the Ethereum blockchain (ETH) is quite high. It offers a versatile blockchain that allows you to create different applications. The blockchain has various uses such as:
• Smart contracts
• Transaction
• Decentralized applications
• Starting ICO
Because of the versatility of the blockchain, Ethereum (ETH) rose to $ 1,200. However, it has since steadily declined and reached a minimum of $ 85 just a month ago. Currently, it trades around $ 125. As it has been corrected by over 90%, it may be worth it.
The problem with Ethereum (ETH) was that the ICO industry was the subject of much criticism. Regulatory authorities around the world have started to review every ICO with Hawkeye. Therefore, the number of ICO has decreased considerably. The route of the cryptocurrency market is also the cause of the decrease in the number of ICOs. The market route almost evaporated the ICO industry. One of the applications of the Ethereum blockchain (ETH) has completely vanished.
However, a single application disappears does not guarantee a 90% fall. Precisely because of this topic, Ethereum (ETH) is worth giving a look. The other uses of the blockchain are still intact. You should keep it on your radar. In the right place, it will be on the list of the best Altcoins to buy now.
Why is it on this list?
• Can be used for smart contracts
• Can be used for the launch of ICO
• Can be used for decentralized applications
• It decreased by about 90%
Crypto exchange on which you can buy: Kraken, Coinbase, Gemini, CEX.io
3. EOS:
EOS is only 1 and a half years old. The first time EOS went into production in June 2017. In January 2018 it reached a maximum of $ 18. It is currently the fifth most highly regarded cryptocurrency. EOS competes directly with Ethereum (ETH). Eliminates some of the Ethereum (ETH) deficiencies.
EOS offers database services and account management to developers. As a result, it is easy for developers to create smart contracts. Even developers with limited programming knowledge can easily create smart contracts on EOS blockchains.
EOS scores on Ethereum (ETH) for other aspects. It is more scalable than ETH. It's even faster. Thus, it eliminates both the weak points of Ethereum (ETH). When it comes to communities, it may not be as large as Ethereum (ETH), but it is considerable. EOS does not work on a mining base. The EOS community, including EOS holders, selects block producers. Because it eliminates some of the Ethereum (ETH) deficiencies, it's an excellent option to keep your radar.
Why is it on this list?
• Faster
• Great community
• Database and accounting management services provided
• Enables smart contracts
• Reasonable scalability
• No mining
Cryptographic exchanges on which you can buy: Kucoin, Binance, Kraken
4. Cardano (ADA):
Cardano (ADA) supports smart contracts together with decentralized applications. It also has a layered architecture that improves the safety of the entire blockchain. The blockchain uses some networks that ensure that bandwidth usage is kept to a minimum.
Cardano (ADA) also supports Ico. Cardano's blockchain (ADA) can be used to launch ICO quite easily. The opinions of experts, as well as scientists, are giving a new form to Cardano (ADA). Charles Hoskinson had previously worked with Ethereum. He co-founded Cardano (ADA). Therefore, when it comes to the development team, you can be sure that it has a solid technical background.
The Daedalus portfolio is a multi-platform portfolio launched by the Cardano team (ADA). Not only can it contain the Cardano (ADA) but also various other cryptocurrencies. This portfolio is the reason why it adds such a significant amount of value to the entire Cardan blockchain (ADA). With consistent security and blockchain updates, the Cardano (ADA) network is strengthening. These factors are the reason why you should keep this cryptocurrency on your radar. It is one of the best Altcoins to invest in.
Why is it on this list?
• The development team has a solid technical background
• Can support ICOs
• It can support smart contracts
• It can support decentralized applications
• Requires less bandwidth
• Offers a multi-platform portfolio
Cryptographic exchanges on which you can buy: Coinmama
5. Stellar Lumens (XLM):
Stellar lumens (XLM) are essentially similar to Ripple (XRP). The goal of the Stellar Lumens (XLM) team is to enable faster transactions on the blockchain. However, the initial path of the stellar lumens (XLM) was different from Ripple (XRP). He decided to focus on retail users rather than on institutional users. However, this has changed.
IBM has stated that it will design its platform for remittances around the blockchain of Stellar lumens (XLM). Once this platform has been unveiled, the use of stellar lumens (XLM) will increase significantly. As a result, the price of luminous stars (XLM) will also increase dramatically.
Similar to Ripple (XRP), the fees charged by the stellar lumens (XLM) are located at the bottom. Most transactions are completed within 5 seconds. As a result, it is not only fast, but it is also convenient. The only problem is that Stellar lumens (XLM) has recently started competing with Ripple (XRP).
The partnership with IBM is just one of his collaborations. Over time, it has formed partnerships with many other companies. While tie-ups may not be as many as Ripple (XRP), it is definitely gaining more traction. The only IBM platform has the power to push it to new heights. So, it's not the only Altcoin you should ignore.
Why is it on this list?
• Cost-effective cross-border remittances
• Partnership with IBM
• Greater institutional participation
• Low rates
• Transactions completed within 5 seconds
Cryptographic exchanges on which you can buy: Binance, Kucoin
6. Zcash (ZEC):
Zcash (ZEC) is one of the very few cryptocurrencies that can be used in darknet as well as traditional users. Offers private addresses and public addresses. Therefore, it is highly versatile. Zecash blockchain transactions (ZEC) are fairly secure. Most transactions end in 2 and a half minutes. Zcash (ZEC) also offers cross-transaction capabilities. As a result, you can exchange other cryptocurrencies using the ZCash blockchain (ZEC).
The recent revelation of the zk-SNARK protocol has made possible anonymous transactions. The main advantage of Zcash (ZEC) is that it will not have problems with the authorities. Zcash (ZEC) also provides transparent addresses. It can be used for legitimate use without any problem. During a period, Zcash (ZEC) has also experienced many fundamental developments. These developments drastically reduce memory consumption by Zcash (ZEC) to conduct transactions.
Recently, in December itself, it was also included on Coinbase. The list of Coinbase adds credibility to Zcash (ZEC). Over time, the daily volumes will increase in Zcash (ZEC). So with the recent list of Coinbase and consistent fundamental developments, Zcash (ZEC) is not the Altcoin you should ignore. If you're compiling a list of the best Altcoins, it should be on that list.
Why is it on this list?
• Recent Coinbase List
• Offers private addresses and public addresses
• Used on darknet
• He had no problems with the authorities
• Coherent fundamental developments
Cryptographic exchanges on which you can buy: Coinbase, Binance
7. Tron (TRX):
Tron (TRX) is trying to create decentralized Internet. It's not just trying to build a decentralized blockchain but an entire ecosystem that includes the Internet. To take it a step further, it has acquired torrent bits. Bit torrent is a peer-to-peer download software. With the help of various decentralized components, it is tempting to create an appropriate ecosystem rather than a single decentralized Avenue.
Tron (TRX) has already launched its mainnet. The blockchain network works smoothly after this launch. He came to the fore from the launch of Mainnet. The launch of mainnet talks about the volumes concerning the quality of the Tron blockchain (TRX). One of the things that work for Tron (TRX) is the founder.
Justin Sun is the founder of Tron. He recently issued a statement inviting decentralized application developers from Ethereum (ETH) and EOS to Tron. It seems that his call is finally getting results for Tron (TRX). In 2018, Tron (TRX) launched its Mainnet. In the same year, in December, the total number of users on the Tron blockchain (TRX) had exceeded one million. It seems that developers are finally migrating from Ethereum (ETH) and EOS. Both of these blockchains have some problems when it comes to scalability and decentralized applications. On the other hand, according to Justin Sun, the blockchain offered by Tron (TRX) is much more scalable and seamless.
Justin Sun also mentioned in the past that it will create a fund to help developers migrate from EOS and Ethereum (ETH) to Tron (TRX). With this incentive, developers will be more eager to switch to Tron (TRX). So, at this moment many positives are going for Tron (TRX).
Why is it on this list?
• The vision of decentralized Internet
• Active founder
• Acquisition of torrent bits
• Over 1 million blockchain users
• Offers better blockchain then Ethereum (ETH) and EOS
Cryptographic exchanges on which you can buy: Binance, Bittrex, Kucoin
8. Monero (XMR):
When it comes to privacy, Monero (XMR) is one of the best cryptocurrencies to keep. As a result, the use of Monero (XMR) is increasing in the deep Web. While the use could improve, it is causing problems for Monero (XMR) as well. One of the main reasons that Coinbase is not listing Monero (XMR) is because it provides anonymous transactions.
The design of the Monero blockchain (XMR) is such that it is virtually impossible to detect traces of any transaction. It involves the Ring Signature mechanism. There are private addresses created on the blockchain. As a result, decryption of actual addresses is not possible.
Monero (XMR) works on the labor-testing mechanism. It is similar to Bitcoin (BTC) in this sense.
Monero (XMR) has a large developer community behind it. The community believes in decentralization and privacy. The community size behind Monero (XMR) is constantly increasing. One thing you can not remove is that it is one of the very few cryptocurrencies that provides complete privacy and anonymity. As a result, for a long time, the potential in Monero (XMR) is enormous.
Why is it on this list?
• Completion of decentralization
• Complete anonymity
• Effective use
• Private addresses embedded in the blockchain
• Job Demonstration Algorithm
• Great community
Crypto exchange on which you can buy: Binance, Huobi, Bitfinex9. Litecoin (LTC):
2012 saw the launch of Litecoin (LTC). The founder of Litecoin, Charlie Lee is a well-known figure in the cryptocurrency industry. His opinions are well respected. At the peak, Litecoin's market capitalization (LTC) was around $ 15 billion. However, since then it has declined significantly.
From a price of around $ 300, it has fallen to $ 25. It has since recovered but is still significantly lower than the peak.
Litecoin (LTC) is considered an alternative to Bitcoin (BTC). Litecoin's supply is 84 million. The Bitcoin supply is 21 million. Furthermore, Litecoin mining is much faster. A single block requires up to 2.5 minutes. When compared to Bitcoin (BTC), it takes about four times longer.
Litecoin (LTC) is also listed on Coinbase. With the proactive founder like Charlie Lee, you can be sure that Litecoin (LTC) fundamentals will continue to improve. Keeping Litecoin on the radar is prudent. Since it has fallen so much, it could be one of the best Altcoins to buy now. However, you must be aware of the volatility you can face during the transition period. Only when you are willing to endure that volatility, you can think of Litecoin (LTC). If you can not stand volatility, it is a good idea to avoid Litecoin (LTC).
Why is it on this list?
• Faster to my block
• Bitcoin Alternative (BTC)
• Proactive developer
• Long story
• Drastic fall from the peak
Cryptographic exchanges on which you can buy: Coinbase, Binance, Kraken
10. Binance Coin (BNB):
Binary currency (BNB) is relatively less known. The reason why we included in this list is that the value of the cryptocurrency exchange supports it. Binance's cryptocurrency exchange is growing at a faster rate. As Binance increases, Binance (BNB) currency will also increase. He has been kept away from the carnage of the last one year. It has grown by over 50% during this carnage.
The reason for the growth, despite the drastic fall of the cryptocurrency market, was its relationship with the fortunes of the exchange of cryptocurrencies. Binance is currently one of the largest exchanges of cryptocurrency. It is a well known brand and has created a reputation for itself. Thus, volumes are increasing in Binance.
Furthermore, the rebound of cryptocurrencies is expected for next year. The cryptocurrency crisis will stop. If this happens, the volumes on the Binance exchange can increase further. Increasing volumes will be beneficial for the Binance currency (BNB).
With the increase in volumes, Binance's earnings are also increasing. As a result, the value of the Binance currency (BNB) also rises steadily. Also in the next year the Binance exchange is expected to grow continuously. This is why you should keep the Binance coin (BNB) on the list of the best altcoins to buy now.
Why is it on this list?
• Supported by the Binance cryptocurrency exchange
• It is isolated from the cryptocurrency carnage
• It has a lot of potential
• The Binance exchange is constantly growing
Cryptographic exchanges on which it is possible to purchase: Binance, Etoro, Gate.io
Verdict:
So, if you're looking for the best Altcoins to invest in, these are the top 10 Altcoins you should keep an eye on. You must conduct your due diligence before making any investment decision. However, these Altcoins have great potential. You must understand that, at the same time, cryptocurrencies are a class of volatile activity. Unless and until you can not stand that volatility, you should stay away from them.
Cryptocurrencies are a class of activity that you can not lose. At the same time, it is necessary to have a balanced approach while investing in any of the cryptocurrencies we have mentioned above. With strict due diligence and money management, you can get rich dividends by selecting the best altcoins.
Disclaimer:
The list above should only be used for educational purposes. You must personally search for cryptocurrencies or contact a financial advisor before making any investment decision.
