Top 10 cryptocurrencies: which coins are most interesting in 2020?
The world has already experienced the boom of cryptocurrencies, the ICO bubble and the time of the adoption of coins as full-fledged participants in the financial market. However, this did not prevent the “great hope” of the year, thus, like TON or Libra, safely sink into oblivion. This directly contradicts the fundamental principle of crypto: interference by the authorities. At the same time, the main cryptocurrencies, in fact, have not changed. CryptoProcessing.com in the second version of 2020.
After halving BTC in mid-May, it began to grow rapidly in price. Then growth stopped and a rollback followed. At the same time, interest in BTC does not wane, and its capitalization is only growing. Forecasts about its value (not $200,000, but still) in 2020 means that it is a top contender. .
This year they promise to fix all the existing problems, switch to PoW on PoS, and also enable new algorithms on Ethereum 2.0. We will soon find out whether these promises will be fulfilled. It is expected to be one of the most interesting events in Summer 2020.
Ripple is still interesting in that it uses xRapid technology, which ensures stability, security and excellent transaction processing speeds… Support for market leaders’ makes a kind of hype to interest in the coin, but Ripple will not yield super profits in the coming years.
A warhead among crypto enthusiasts. BCH is an interesting coin exchange for merchants. In addition, this cryptocurrency is represented by all cryptocurrency cats.
Tether has a rich history, and this stablecoin is still worth $ 1. Tezer is the first blockchain-enabled platform to facilitate the use of financial resources in their digital equivalent. This coin has very big potential and a rich list of large investors.
Litecoin transaction time is about four times faster than Bitcoin, but four times more risk per block, compared to BTC. Litecoin is loved by Chinese miners, and they are known to be very picky about choosing cryptocurrencies.
EOS is an unlimited number of parallel blockchains, which allows developers to easily create their own contracts and conduct an unlimited number of transactions per second. Unfortunately, the promised unlimited turned out to be a marketing move and the EOS blockchain could not bear the load. But the developers promise to fix all the errors.
Binance is one of the service exchanges that has recommended itself as a reliable partner. Binance supports a large number of coins and currency pairs, Binance Coin itself has sufficient stability, which makes it one of the most interesting this year.
The most decentralized and unregulated coin. In fact, this is one of the few coins that can still be found alone or get a profit. Cryptography of sending / receiving funds also attracts many users.
The Internet of Things is a new participant in the world of blockchain and cryptocurrencies. Thanks to the ideas of the Internet-of-Things, many new products of a new generation have appeared this year, so IOTA and its price are directly related to scientific and technological progress.
That’s how top-10 cryptocurrencies looks like. It is a need to analyze each asset to determine its profit making ability, and trustworthiness to handle funds in the volatile market. Follow our updates on Telegram and Facebook and be among the first to try CoinsPaid wallet in action!