Not Just Bitcoin: Which Cryptocurrencies Should You Look For In 2020?

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After the boom in 2017, the cryptocurrency market experienced a prolonged decline.However, nowThe blockchain industry is gaining momentum again, and investors are starting to take an interest in digital coins.

This material is related to the prospects in2020, prepared by the editors of the Bookmaker Rating portal and we published it, because it is always curious to read the opinion of those who are just trying to dig deeper and understand all the nuances of the cryptocurrency.

5) Ripple (XRP)

Ripple is a cryptocurrencya platform that was conceived as an alternative to existing payment systems for fast and cheap interbank transfers. The developers are already collaborating with many major financial institutions, and are also preparing to integrate with Apple Pay.

This suggests that soonthe system can gain widespread acceptance in banks around the world, which is why Ripple regularly makes the list of the most promising cryptocurrencies for investors. At the time of publication, XRP tokens are traded in the region of $ 0.23, but experts expect that by the end of 2020, its price could rise up to twenty times.

4) TRON (TRX)

The TRON project appeared in 2017. Initially, the developers planned to create a simple system for exchanging digital content, but now their ambitions are much higher - it is assumed that in the future the TRON ecosystem will become a decentralized analogue of the Internet.

In 2018, the Tron Foundation completedone of the most significant deals in its history by acquiring the popular BitTorrent torrent tracker. In addition, Tron developers have partnered with well-known companies such as BitGuild, Game.com, Xu Le, Oracle, and Swisscom.

At the time of publication, the capitalization of the TRX token exceeds $ 2.4 billion, and the value of the coin hovers around $ 0.03. Experts expect the coin's price to rise to around $ 0.1 in 2020.

3) Stellar (XLM)

Stellar cryptocurrency appeared as a resultRipple hard fork, and a year later the developers created their own open source protocol. Like its predecessor, the Stellar platform is designed to make bank transfers cheaper and faster.

Nevertheless, the Stellar blockchain has a largebandwidth than Ripple. In addition, there is no additional emission in this system, and the developers control only 5% of the issued coins, which significantly increases the decentralization of the platform.

2) Cardano (ADA)

The Cardano project is a third-generation cryptocurrency that aims to outperform its competitors in terms of compatibility and scalability.This summer, the ADA price experienced a significant rise after the transition to the new mainnetcalled Shelley, who made the platform truly decentralized. 

At the same time, the developers promise to add smart contracts to Cardano by the end of 2020 - if they manage to fulfill the promise, then the coin rate may grow even more.

1) Ethereum (ETH)

Ether firmly holds the second place incapitalization among cryptocurrencies, second only to bitcoin. Developers from the Ethereum Foundation are systematically improving their brainchild: in the next two years, there will be a transition to Ethereum 2.0.

After the end of the update, the Ethereum network will becomemore scalable, and transactions are faster and cheaper. There will be pluses for investors: changing the consensus algorithm from PoW to PoS to reduce the emission of tokens to 2.5%, and also act as an incentive for long-term storage of ETH, which will make the price of the coin more stable.