If your looking for some of the best Altcoins to buy in 2020 we have 5 top picks. By definition Altcoins are alternatives to Bitcoin. While Bitcoin is clearly the most dominant coin by market cap there are still some promising coins that could pop at any given moment. I would not take this as financial advice, but for me I honestly believe these coins will rise in value in the near future. If you have yet to start investing in crypto Coinbase is our pick for the best overall platform + wallet combo. Now lets get right into it.
Our first best Altcoin to buy in 2020 is XRP. XRP is a way for banks to move money quickly with low fee’s. Over the years they have partnered with well over 200 banks worldwide. You can also argue they are the only coin that has legitimately made an effort for mass adoption. At its high point XRP was hovering around $3 dollars, and has slipped to as low as $.13 cents over the last year. It currently sits at $.20. I am personally holding over 50,000 coins with a value of $10,300 dollars. I have put my own money into this coin because I believe it could be a big winner long term.
- Created for Banks To Move Money
- Personally Hold of 50,000 Coins
BAT also known as the Basic Attention Token was created for advertising. The coin is connected to the Brave Browser which is competing with the likes of Google Chrome for users. Advertisers payout in the BAT token based on peoples attention browsing there website. The concept has actually caught on, and the Brave Browser has continued with strong user growth for the last couple of years. The coins price sits around $.23 cents from its all time high of around $.90 cents. However the future looks very bright for this coin.
- Advertising Token
- Works With Brave Browser
Our next best Altcoin to buy in 2020 is Stellar. This coin is similar to XRP in the sense it is going after bank money. It’s a coin you could hedge your bet against XRP with since they are similar. Stellar can also be used for other things which makes it a little more broad. It has a price of around $.06 with a lot of upside if its price rises significantly.
- Created for Financial Institutions
- Price Only $.06 a Coin
This coin has been on a tear having been up over 400 percent in the last 12 months. Chainlink is a decentralized oracle system. Since the creation of Ethereum and the increasing use of decentralized applications in 2017, smart contracts have gradually proved their utility. The applications are diverse, affecting finance, insurance, governance methods, and much more.New types of applications are emerging, hosted on public blockchain networks, mostly on Ethereum. They are open to all, auditable, censorship-resistant, flawlessly running 24 hours a day, and can hold and transfer value in the form of cryptocurrencies or digital assets (tokens). It’s hard to doubt this coin right now since it’s price shows no signs of slowing down.
- 400 Percent Gain In 12 Months
- Showing No Signs Of Slowing Down
5. Our last best Altcoin to buy in 2020 is Ethereum. Ethereum is also digital money but also programmable. At its peak the coin sold for roughly $1300. Today is sits around $200. Ethereum took the technology behind Bitcoin and substantially expanded its capabilities. It is a whole network, with its own Internet browser, coding language and payment system. Most importantly, it enables users to create decentralized applications on Ethereum’s Blockchain. It’s definitely worth a look.
- Decentralized Applications
- All Time High $1300
We hope you take a look at some of these coins if your in the crypto space right now. If not don’t forget to check out Coinbase as far as a platform goes its one of my favorites. You can also check out a great course that might take you on your way to becoming a crypto millionaire by clicking here.