The year is almost over and, in all likelihood, it could be largely uneventful for the encrypted market. However, this could be a great time to accumulate on encrypted coupons that have solid fundamentals that support them. But, looking at the market right now, which encryption can yield above average performance in 2019? Well, looking at the individual cryptographic fundamentals and the overall market dynamics, Vechain (VET), Monero (XMR) and Litecoin (LTC)) could emerge as top performers in 2019 and beyond.
Vechain (VET) is a worthy long-term holding because both its internal fundamentals and the general dynamics of the market support its growth. Vechain has one of the best organized teams in the crypt. It has about 100 technology experts working to ensure that everything works as it should. It is on the strength of this team that Vechain has partnered with leading companies including PWC, BYD. The strength of the Vechain team is an important advantage for its long-term growth.
Externally, there is a real question for Vechain and its value offer. For example, being able to take advantage of blockchain technology to curb counterfeiting offers you tremendous opportunities in areas as diverse as fashion, liquor, among others. These are multi-billion dollar industries and the fact that Vechain has tremendous value in them makes it a high-growth blockchain with a good opportunity for the future. He definitely has good prospects for 2019 and beyond.
Monero (XMR) has practically built a reputation as one of the best private coins on the market. With the upcoming votes scheduled for 18th this month, Monero (XMR) will have consolidated its position as the best and most reliable secret money on the market. Towards 2019, as Monero strengthens its position on the market, its value will continue to grow.
Externally, Monero (XMR) will be driven both by the black market and by the offshore banking markets. Offshore banking destinations are increasingly subject to government collapses as they seek to raise taxes. This makes Monero a viable alternative for people trying to hide money from governments. As this gains traction, the value of Monero (XMR) will increase significantly.
Litecoin (LTC) has built a reputation as the most efficient payment side of Bitcoin (BTC). One of Litecoin's strengths is that it is decentralized while being used as a currency. Litecoin has also made updates to help improve it. Externally, Litecoin (LTC) is gaining ground in terms of currency adoption. It is one of the most used encryption out there.
As more and more people turn to decentralized currencies because they can not be censored, Litecoin will continue to grow. Moreover, it is strongly linked to bitcoin, which means that if bitcoin will make gains in 2019, Litecoin will follow it closely. With a possible bitcoin ETF on the way, there is a good chance that it will reach $ 100k, and that would represent a huge advantage for the value of Litecoin (LTC).