Altcoins are all cryptocurrencies except Bitcoin, which is evident even from the name. And, strangely enough, alternative coins are becoming more and more popular, some of them gradually overtaking Bitcoin technologically and in the degree of trust of users. Today we will discuss the top five cryptocurrencies, which will be excellent choices for 2020. Of course, we do not encourage you to invest in the currencies described below. This is only introductory information.
Everybody has heard of this currency, so there's no need to mention it. This cryptocurrency has brought a lot of new things to the industry and has already proved to be a reliable and promising development, something you can safely invest in. The final decision is up to you, but the range of Ethereum partners, including Microsoft and other industry giants, speaks volumes. Definitely, the success of this currency has just begun, and its growth will continue in 2020, because this year, major ETH updates are planned. The new developments will revitalize the project, attract more attention to it, which will help it advance and develop.
Basic Attention Token(BAT)
The well-known coin, developed using an Ethereum base, is advancing quickly. Currently, the value of the currency is $0.19. But low value does not mean that the coin has no future. On the contrary, it's just the opposite. With a relatively low price-value, more and more people are interested in BAT. Developers confirm that the number of users of their system has recently increased to an astonishing 10.4 million people. The main idea of the project is to improve online shopping. Current ambitions have been implemented in the best way possible. Prominent programmers and marketers are responsible for the development and support of the project and push it to new heights. So we have no doubt that BAT has a great future.
The popular Singaporean project is actively developing. Today, the company is cooperating with well-known companies. The main idea of the company is to simplify the crypto-business. The company helps ambitious developers to start their business in the internet sphere, just to start. It is easy enough to start a small or medium-sized business, the main objective is the idea, ambition, and powerful partners. So far the company is popular in Asia, but soon it will start working in Europe and America. The main goal of the firm is outlined in the following statement by the project representatives:
"VeChain's cooperation with the Anhui Tea Industry Association will enable the Chinese government to accomplish one of its objectives: to improve the competitiveness of all stakeholders in the industry through Blockchain."
One of the cheapest currencies not only on our list but also on the entire market. A unit costs only $0.03. However, this cryptocurrency has great potential, it is actively attracting users and large investors, who collectively develop the project. ADA has big plans for the future and is supported by large companies.
This is an honorable mention of the list of the top 40 altcoins. Over the past year, the coin value increased by more than 585%. Such numbers speak for many things, including the reliability of the company. The company is building a decentralized system that processes information in the shortest amount of time possible. A useful start will help many, including large corporations, who will take LINK to new heights.