Those interested in investing in cryptocurrencies must be aware of the current cryptocurrency market landscape. They will also know which altcoins and tokens are worth pursuing this year and beyond. According to Eric J Dalius During 2019, the crypto sector gained considerable mainstream traction triggered by Bitcoin’s amazing recovery that saw a stream of new investors entering the space. It was a phenomenal year for Bitcoin that zoomed to a price point of around $14,000. EJ Dalius, an experienced crypto investor, agrees with many other experts that the flourishing market space could scale new heights with many digital currencies surpassing their earlier ATH values during the year .
Bitcoin heads the list of cryptos in 2020 with the usual first and second-generation cryptos to attract investors. Let us now look at the detailed list of cryptos to look out for in 2020.
Bitcoin – a favorite of Eric J Dalius
Bitcoin (BTC) is the ubiquitous and lucrative crypto asset in the market today enjoys a 60% global crypto market share. The currency maintains its leadership position as evident from its ability to impact the market every time it experiences volatility. Bitcoin enjoys a respectable financial status among investors of all kinds, from novices to seasoned players who consider it as the perfect instrument for investment. Besides being a tried and tested asset, BTC has seen its infrastructure grow by leaps and bounds for a decade that makes experts believe in its ability to touch the $1000, 000 during 2020.
Ethereum (ETH)~ Eric J Dalius
Ethereum ranks second in the crypto world in terms of total market capitalization. Since the launch in 2015, it has gained enough investor confidence to turn it into sought-after cryptocurrency in the market. The unique ETH framework built atop the ETH blockchain puts it much ahead of its closest rivals. The ETH eco-system can offer its users a host of extraordinary features like smart contract utilization and seamless decentralized governance. To add a feather to its cap, ETH boasts of having one of the most active global developer communities, which poses it for performing at its best in 2020.
Since its release in 2012, XRP has become extremely popular. From a technical perspective, the cryptocurrency plays a vital role in facilitating the transactions happening within the XRP ecosystem that make people look upon it as a private financial services platform that offers its users several amazing products like RippleNET, xCurrent, and XRapid.
Ripple’s various services find favor with some banking institutions globally, including Standard Chartered, Cuallix, and Santander, to name a few. Although XRP was able to overtake ETH briefly, it now maintains its third position in terms of market capitalization.
Although crypto enthusiasts may not be familiar with this asset, experts are optimistic financial prospects of DGB in 2020. This completely decentralized asset offers higher transactional speeds than many of its counterparts. Because of its amazing block time, it is 40 times faster than BTC without compromising security. DGB aims to establish a universally accessible global payment system.