After a largely bearish week,
cryptocurrencies have become green in the last 3 hours. It is interesting to note that the real UTXO blockchains are i
those who are showing a strong bullish momentum, with Litecoin in the lead.
Whether it's a short-term rally or a long-term uptrend
trend, only time will tell. However, one thing is clear, Litecoin (LTC) is one
of the criptos which is well positioned for growth in 2019. The other crypt that could pull a surprise move
this year is Digibyte (DGB). Here is a
some reasons why these two coins could work well this year and reward them
investor who has been waiting patiently since 2018.
Litecoin (LTC) is one of today's best performers, and the odds are that it could outperform the market throughout the year. One of the factors that puts Litecoin (LTC) in a good position for the growth of this year is the next Litecoin halved in August. This will reduce the reward for Litecoin's block and cut off its offer. As we approach this event, Litecoin (LTC) could experience the purchase of FOMO and see its value increase significantly.
Furthermore, it could benefit from the growth of the Lightning network. Starting from the third quarter of 2018, Litecoin Lightning Network has exceeded 100 knots. With the growth of the Litecoin Lightning network, the adoption of Litecoin as cryptocurrency in payments is also expected to grow, which could give it a boost of growth throughout the year. With these two factors at stake, along with the fact that Litecoin (LTC) has a limited stock of only 84 million coins, there is no doubt that it is well positioned for growth in 2019 and beyond.
Digibyte (DGB) is another real UTXO cryptocurrency that is well positioned for growth in 2019. One of the factors that give Digibyte (DGB) a good chance of growth this year is its fundamental, relative to the its price. Digibyte (DGB) is trading at one cent and has been trading at this price for months despite its fundamentals improving. At this price level, if the sentiment becomes bullish in the entire market, investors would make FOMO in highly undervalued criptos like Digibyte (DGB).
Digibyte is underestimated because, not only is it good in its main functionalities, but it is also getting the adoption of these features. For example, for its strengths in cybersecurity, Digibyte (DGB) has seen greater absorption in the market. However, the biggest stimulus to growth in 2019 could be the launch of Digi-assets. In 2018, Jared Tate mentioned Digiassets, which will allow organizations to launch digital assets on the Digibyte blockchain. Given that Digibyte (DGB) is one of the safest blockchains on the market, Digi-assets could trigger an explosion of Dapps on the Digibyte blockchain (DGB) and increase its value.
With solid fundamentals
supporting them, and the possibility of a bullish sentiment in 2019, these two encrypted
it is likely to offer higher returns in 2019 and in the years to come. They are
solid bets for long-term investors.