We are going to be taking a look at 3 crypto altcoins that are ready to explode in 2020. When it comes to deciding what crypto to invest in, the choice can be somewhat overwhelming as there are thousands of crypto coins available in the marketplace. Fortunately we stay on top of any new developments in the crypto space. As a disclaimer do not take this as financial advice, and always do your own research when looking to make an investment. Now lets get into our picks.
Our first altcoin ready to explode in 2020 is Stellar, also known as XLM. This coin is geared towards banks for making large transfers, but it’s also for individual users. It’s been getting crushed for the last year and a half going and going as low as three and four cents. However its finally getting out of its downtrend and starting to go up. At its all time high it was around 90 cents. Since its still no where near that price, and looks to be moving up steadily I would definitely consider getting some.
Our next coin is Chainlink. This is another coin I’ve been recommending for the last two years. When I first talked about it the price was only $3, but it’s actually gone up to $8.50 over the last month. For the last year the coin is up 200%. If you pulled up the last five years, you could see that around May 2019, this coin was really at 50 cents. So if you would have bought this coin a little over a year ago you would be sitting on a huge return. I also think Chainlink can still get over 10 bucks. Heck it could even go as high as $15 by the end of the year.
Our last pick for a top altcoin ready to explode in 2020 is XRP. I personally own around 60,000 coins right now. For those that don’t know XRP is a banking token. Its main use is for banks to make large transfers quickly and at a much lower cost. The current system banks use is called Swift which has been around since the 1970’s. Even though XRP has partnered with over 300 financial institutions its price has gotten hammered for the last couple of years. At it’s all time high was around $3.90. It’s gone as low as 11 cents this year. Right now its back at .$20 cents and has a huge amount of potential.
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We hope you enjoyed our picks for some of the top altcoins ready to explode in 2020. While I feel strongly these coins will go up in price you should not take this as financial advice. Always do your own research and invest with whatever you feel comfortable with. Cryptocurrency has a lot of potential to pave the way for a brighter future so go out and get some!