Cryptocurrency to invest in 2020

With the beginning of the year, there are coming questions like:

Wich cryptocurrency is best to invest in 2020?

Which altcoin’s price will raise the most?

Which cryptocurrency has the biggest potential in 2020?

Of course, there are crypto coins that have a strong position on the market, so it is better to invest in them, or find the cryptocurrency which has a minimal price and hope that the price will rise rapidly in the future? It is important to understand that the strong position of cryptocurrency doesn’t mean that there won’t be soaring prices in the future. The same condition is used, on the other hand, the small price of the crypto coin doesn’t guarantee soaring prices in the near future. You need to make a research of cryptocurrency which you would like to invest to understand the main selling points, its price history, important events in the near future, etc..

We made the summary article of crypto coins, which, based on our opinion, could have the biggest potential in the year 2020, but also don’t forget to make your own research if you are interested in any of the following cryptocurrencies.

So based on our research, you should be interested in the following cryptocurrencies.

Most interesting cryptocurrencies to invest in 2020

Cardano (ADA)

Cardano has been invented in 2015 by the IOHK company and Charles Hoskinson (co-founder of Ethereum). It was finally launched just a few years ago, in 2017. Cardano is a decentralized public blockchain and cryptocurrency project and it is also fully open source.
It was created with the effort to improve the Ethereum weaknesses, so based on this fact Cardano should be considered as an ideal smart contract platform.

Why to invest in ADA

Cardano is trying to solve the Bitcoin’s biggest problem, what is scalability. Based on the Carles Hoskinson’s efforts to create incentives for a decentralised blockchain network which could allow to expand ADA payments worldwide. With the growing popularity of the smart contracts as well, there are many selling points of ADA and Cardano, which could help to raise the market capitalization and usage of the ADA, and move the price in 2020 higher.

ChainLink (LINK)

ChainLink was created by a company named SmartContract, in September 2014. The shordcode is (LINK). The main idea of ChainLink is to create bridge above the gap between smart contracts which are based on-chain and off-chain businesses and data. ChainLink has two main infrastructures components: on-chain infrastructure and off-chain infrastructure.

Why to invest in LINK:

With the expanding smart contracts market in 2020 could ChainLink get a really strong position in the cryptocurrencies market. The unique advantage of this cryptocurrency creates a high probability of price and usage increase in 2020.

Where to buy LINK

You can buy the LINK in one of the following crypto exchanges.

Binance Coin (BNB)

Binance Coin, the shortcode (BNB) was created by Binance currency exchange. It was launched during an initial coin offering (ICO) in July 2017 on the Binance website. During this ICO process was raised 15 mil. $. With the BNB you can pay at many online stores, but it is mostly used to pay the lower fees during the trading on the Binance.

Why to invest in BNB

Firstly, by using BNB you can lower the trading fees on Binance. Actually, they offer a 12.5% discount for fees if you pay them by BNB coin. The Binance is launching its US-based exchange branch named Binance.US and after launch, the price of BNB coin could grow up really fast.

Where to buy BNB

You can buy the BNB in one of the following crypto exchanges.

Basic Attention Token (BAT)

BAT is a shortcode for Basic Attention Token. BAT is a utility token and an ads exchange program integrated into the Brave web browser. Its creator is Brendan Eich and later was this token further developed by Brave Software.
The concept of this token consists of an effort to evade any intermediary or frauds which can be associated with all methods of digital advertising on the internet.

Why to invest in BAT:

The developers of Brave Browser reported, that during the year 2019 was the number of users of their Brave Browser triple with the comparison with the numbers from 2018. So the total active users at the end of the year 2019 were 10.4 million. If the number of users Brave Browser will continue to grow, it means that the market capitalization of BAT will grow as well. Of course, for BAT it means the price grows.

Where to buy BAT

You can buy the BAT in one of the following crypto exchanges.

Bitcoin (BTC)

The most popular cryptocurrency is with no discussion Bitcoin. Bitcoin has shortcode BTC. It has also the biggest market capitalization, what is around $146.91B. Bitcoin was invented anonymous founder named Satoshi Nakamoto in 2009. So why to invest in the biggest cryptocurrency on the market?

Why to invest in BTC:

The Bitcoin halving is an event expected later during the year 2020. It means that there will be reduced the block rewards from 12.5 to 6.25 BTC. So the further adding supply pressures should demand to continue to grow of Bitcoin price.
The usage of the Bitcoin grows rapidly every day, and now you can pay with the Bitcoin on many internet marketplaces, for example, on Expedia. This fact should also move the Bitcoin price up.

Where to buy BTC

You can buy the BTC in one of the following crypto exchanges.

Ethereum (ETH)

Ethereum was founded in 2015 by Vitalik Buterin. Ethereum’s shortcode is (ETH) It is based on a blockchain protocol, so like other cryptocurrencies, it allows people all over the world to receive or send coins without needing a third-party provider. Ethereum is known as the second most popular cryptocurrency after Bitcoin.

Why to invest in ETH:

Ethereum started with smart contracts as a first cryptocurrency, so people not only trust the platform, but they know that the team is really talented. The number of businesses that use smart contracts grows every day therefore, the number of users should increase in the year 2020. And it means nothing different, as a price grow for Ethereum.

Where to buy ETH

You can buy the ETH in one of the following crypto exchanges.

Litecoin (LTC)

Litecoin shortcode (LTC), was created on 7th October 2011, by Charlie Lee, an ex-Google employee and former Engineering Director at Coinbase. Litecoin was designed to complement Bitcoin’s weaknesses by solving issues like concentrated mining pools and transaction timings, Of course, Litecoin would like to make the crypto world more accessible for people.

Why invest in LTC:

Based on the latest news, the Litecoin works with Steve Burkett, a developer of the Grin project, to implement MimbleWible in the Litecoin’s protocol. After this implementation, there will be the unique selling point for Litecoin. This should increase the market capitalization of Litecoin, which should be followed by Litecoin’s price growth.

Where to buy LTC

You can buy the ETH in one of the following crypto exchanges.

Summary

No matter which coin you choose to invest in 2020, a lot of analysis agrees on one, 2020 will be the golden year for cryptocurrencies. If you don’t know how to purchase the crypto coin, check our article, how to register and buy cryptocurrency on Coinbase or Binance.