It is no secret that the price of Bitcoin has recorded impressive gains in 2019. The digital asset’s price has attained a 130% growth rate in 2019 after a dismal year in 2018. But is it the best cryptocurrency to invest in 2019? There are a few altcoins that have also recorded major gains that exceed what Bitcoin has attained so far. According to market analysis, it is clear that 14 altcoins overtook Bitcoin’s performance for the year.
Looking back at the year, cryptocurrency traders and investors can now wear smiles knowing that traces of the 2018 bear season has been wiped off completely. 2019 has reportedly seen a steady rise in crypto prices over the board. The price of Bitcoin has seemingly been leading the way after extending its dominance as the number one coin by market cap. The price of Bitcoin has gained 150% since January. It has moved from $3,746 to $8,800 in this time period.
Bitcoin (BTC) Price Today – BTC / USD
Bitcoin Price Prediction: How the 14 Altcoins Performed to Beat Bitcoin – Bitcoin Price Forecast
When you look at the top 50 digital assets by market cap, the number best performing altcoin goes to Binance Coin. BNB has not seen a major downtrend for the entire 2019 to date. BNB, Binance exchange native token, has been impressive after climbing to all-time highs throughout the year. The digital asset is now set to continue maintaining its upward push as the number one performer of 2019, after already gaining 450% so far this year.
Only 3 of the 14 altcoins made gains amounting to the ranges of 300%-400%. They include RVN, HOT, and LINK. The three projects all offer solid FA. They have reportedly being gobbled up by investors as long term holds.
4 of the 14 altcoins made over 200%-300% in gains for the year, with Litecoin the most recognizable project of them all having amassed 267% in gains since 2019 started.
The Litecoin reward halving is set to go live 69 days from now. The price of Litecoin has steadily increased since 2019 started. The digital asset recently broke the $110 this week, after beginning 2019 at $30.
Binance Coin Price Prediction: Binance Coin, Basic Attention Token and BitTorrent are Among the Digital Assets That Have Performed Better Than Bitcoin This Year – BNB Price Forecast
With the hype around Bitcoin succeeded in helping it push to new yearly highs, it is no more a surprise that these altcoins would be following Bitcoin’s footsteps. Some of the digital assets mentioned here have once sailed under the radar, while a few others have certainly drawn the attention of many.
Some other notable protocols on the list include BAT, XTZ, EOS, and BTT among others. The majority of the top performing altcoins of 2019 have actually been well marketed throughout the year. The results have shown clear evidence of this.
Below is a List of the 14 Altcoins That Have Outperformed BTC in 2019 So Far
14: Ontology (ONT) gained 138.22%
13: OKB (OKB) gained 143.18%
12: Augur (REP) gained 162.82%
11: EOS (EOS) gained 167.88%
10: Bitcoin Cash (BCH) gained 168.49%
9: Basic Attention Token gained 170.74%
8: Crypto.com Chain (CRO) gained 237.52%
7: BitTorrent Token (BTT) gained 240.99%
6: Tezos (XTZ) gained 242.57%
5: Litecoin (LTC) gained 267.78%
4: Chainlink (LINK) gained 312.9%
3: Raven Coin (RVN) gained 318.02%
2: Holo Chain (HOT) gained 375.27%
1: Binance Coin (BNB) gained 476.10%
Is Bitcoin the best cryptocurrency to invest in 2019?