What will be the best cryptocurrency to invest in 2019 Q2? Which coins should we keep an eye out for in Q2 of this year? So far, the condition of the digital asset space has been fair overall. The leading asset class Bitcoin has continued to record gains in the last few days. The same thing applies to the price of Ethereum and other digital assets in the top ten. Being a top ten coin doesn’t really mean a digital asset deserves to be among the best cryptocurrency to invest in 2019 Q2. Factors like upcoming initiatives to improve customer experience and offerings to boost adoption as well as bullish prices can be used to determine which tokens will make up the top three.
Going by the above-mentioned factors, which crypto projects are planning big releases, and upgrades? Which networks launches their mainnet in the coming three months?
The Best Cryptocurrency to Invest in 2019 Q2
Below are the top 3 cryptos to look out for in the second quarter of this year:
Stellar (XLM)
Stellar is doing well in the last few weeks. The price of Stellar may have been helped by IBM’s announcement that it would use Stellar for its global World Wire payment service. XLM now has momentum on its side and might break the ‘crypto winter’ pattern and move above $0.12. Should positive news continue for the number 8 crypto, the price of Stellar could test $0.18 later in the year, towards Fall. The price of Stellar has recorded a 20% increase in the second week of March, causing its market cap to reach between $1.66 billion to $2.2 billion.
VeChain (VET)
VeChain is the 23rd-largest cryptocurrency by market cap. Its main focus is on supply chain management, financial services and smart contracts. VeChain has gone into partnerships with a good number of companies that have a broad range of expertise in different domains including agriculture, luxury goods, logistics and food. One huge advantage of VET is the launch of the two – coin model (VET and VeThor). The model was implemented to foster stability and flexibility. VET is currently at its highest price position since November last year. The most recent spike in the price of Vechain reached 17% on March 12 corresponding with a peak trade volume of $31.4 million.
Litecoin (LTC)
Litecoin is another major player in the ever-evolving digital asset market. Bitcoin is traded widely and is now been accepted by retailers online and offline as a means of payment. As is the case with digital assets care should be exercised when purchasing LTC. Otherwise Litecoin will be a great performer for Q2. Factors are already in place to make that happen. The charts show that an extended bull coming for the price of Litecoin. According to data given by coin market cap the price of Litecoin stood at $76.03 at press time. The digital asset is up by 2.94% in the last 24 hours.
The digital assets mentioned above are the best cryptocurrency to invest in 2019 Q2 considering their use cases and possibility of mass adoption in the future. They make up the top 3 cryptos to look out for in the second quarter of this year.
Brian Lubin is a Crypto News Reporter for Smartereum. He's well-known for his reports on the crypto markets.
