Most Promising Cryptocurrencies of 2019
Top cryptocurrency lists:
1. May 2019
The year 2018 was the most turbulent in the history of cryptocurrency. The prospects for cryptocurrency and its development have become vital topics around which forecasts for 2019 are multiplying. Is it time to forget about cryptocurrencies as a promising investment asset, or are we now seeing only a temporary lull before a new, even more rapid growth of the market? Let’s figure out what to expect from top cryptocurrencies in 2019.
Not so long ago, Ripple was considered a worthy substitute for Bitcoin and chief competitor of Visa and MasterCard. However, we can’t help but notice a steady drop in prices for the last few months. In May, this trend may continue despite some small rallies. Presumably, this situation arose after the Japanese financial institution Resona Bank announced that it had refused to use the application for the retail payment system MoneyTap, which uses Ripple technology in its work.
With this, many experts are convinced that it’s a great time to purchase Ripple in 2019. On the contrary, it’s time to keep watching the news and stock up with the coin until its price starts to increase.
EOS’s current momentum looks promising, but there is also some bearish pressure on EOS. This is typical of most alternative markets at the moment. In social networks, there is a lot of necessary information to study. TrexCryptoMania shared an exciting picture that shows the further growth of the EOS dApp ecosystem, as well as its trading volume and transaction volume over the past week. All these statistics are impressive, but they may not affect the price at all.
Since the cost of EOS seems to be approaching $5.50 again, you need to ask yourself which way the trend will go. As long as Bitcoin remains in the green zone, it is likely that all other leading markets will do the same. For some reason, the total trading volume of the cryptocurrency market still remains low, but at present, this is not holding back the growth of the majority of altcoins.
The Swiss-based startup Waves can boast of a very strong position after it launched $16 million ICO in 2019. What distinguishes this new cryptocurrency from other projects is that it is a viable, decentralized exchange. At its core, Waves is a classic blockchain platform similar to Ethereum. It was created for “ease of use and mass introduction of blockchain technology.”
In the top cryptocurrency list on CoinMarketCap, it holds the 28th place spot with the price $2.66 with prospects to grow further. Even though the dominant platform for applications and tokens is still Ethereum, Waves has good ratings on ICORated (4.5 out of 5.0), ICOMarks (6.1 out of 10), ICOHolder (4.36 out of 5), and ICOTrack (5 out of 5). As we see, the growth prospects for the Waves rate in 2019 and 2020 are quite clear. The main mark of the first half of 2019 at $5 per coin is quite achievable.
Cardano (ADA) is a cryptocurrency with a completely decentralized and open sourced public blockchain. The project was started by a former Ethereum developer, and now it occupies the 10th place spot in the cryptocurrency list on CoinMarketCap, although not so long ago it was the in8th place. Nevertheless, ADA is starting to tick upward. Therefore, any investor looking to make a profit with this asset should take a closer look at this cryptocurrency today.
This article is not meant to be investment advice.