The Best Cryptocurrency To Invest In 2019

For a few days, the crypto market has been witnessing a Bitcoin surge. The leading asset class 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.

Cryptocurrency News Today – Top Cryptocurrency to Invest in 2019

1. Basic Attention Token (BAT)

Basic Attention Token is one of 2019’s top performing altcoins. The cryptocurrency has surged 200 percent year to date. BAT is currently trading at around $0.39, and despite being 7% down on the day, its monthly and YTD chart are definitely impressive.

Basic Attention Token is a project introduced by the creator of JavaScript programming language and the co-founder of Mozilla and Firefox. It’s open-source, transparent and decentralized protocol attempts to transform digital advertising through blockchain-based technology. The project has made serious progress and already has its working product in place.

2. Cardano (ADA) 

Cardano is a blockchain based system which is fully decentralized. It runs on the Cardano platform. The platform bears some similarities with Ethereum when it comes to running a smart contracts-based system. It is also used to execute dApps.

Thanks to the Cardano Shelley upgrade and other ongoing developments, the future of the Cardano Ada is bright and it is a good time to buy Cardano before it boosts. According to Coin Market Cap, Cardano is the top winner in the top ten digital currencies for the last 2 days. After extensive research on the applicability of the coin investors think that Cardano is a best investment.

3. 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.

4. 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.

5. 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 considering their use cases and possibility of mass adoption in the future. They make up the top 5 cryptos to look out for this year.

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Carolyn Coley is a blockchain reporter. She joined Smartereum after graduating from UC Berkeley in 2018.

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