Lots of people asking us which cryptocurrency is best to invest in 2020 during this COVID-19 pandemic time. we are trying to help our readers and friends who want to invest in cryptocurrency. we are giving you details about top 5 cryptocurrencies where you can invest minimum 50$ now and can get good benefits in the next 3 to 6 months .
1. Ethereum(ETH) -: Ethereum is a smart contract platform that enables developers to build decentralized applications (DApps) on its blockchain. Ether (ETH) is the native digital currency of the Ethereum platform. Ethereum is number 2 cryptocurrency on coinmaketcap after the bitcoin. so it's the safest cryptocurrency to invest and earn profits second Ethereum is upgrading its algorithm and now from this year people can earn stacking reward or you can say in common language interest can earn on their there in holding. this change will happen soon in July or August. at this time Ethereum prices are 230$ and it easily can touch the 500$ price near this upgrade. so you can invest confidentiality here. Ethrerum already touched 1300$ price in 2018 when the cryptocurrency market was on the peak.
2. Binance coin(BNB)-: Binance is also in the top 10 coins in the crypto industry and Binance is also the world's biggest crypto exchange. the CEO of Binance coin Changpeng Zhao is working in all over the world to create awareness and legalization for bitcoin and cryptocurrencies. Binance coin is now trading on 16$ can easily go up to 25$ in the next three months you can also invest here . Binance coin already touch 40$ at the time 2018 when the cryptocurrency market was on the pick.
3. Cardano Coin(ADA)-: Cardano coin is also in the top 10 cryptocurrency coins. Cardano working also on smart contracts and its created by Ethereum co-owner Charles Hoskison. Cardano is also developing a stacking reward feature in Cardano and it's also available this July and August. Cardano coin is trading at this moment 0.08000 cent and easily go double near the stacking reward event date.
4. Chainlink(LINK)-: chainlink also in the top 10 cryptocurrencies on Coinmarketcap. Chainlink (LINK) is a decentralized network that aims to connect smart contracts with data from the real world. that is quite a usable and business-oriented project and want to connect all the world business on the smart contract that gives security and speed to the business. chainlink held an ICO in September 2017, raising $32 million, with a total supply of 1 billion LINK tokens. Chainlink already gave 2000% return to its all investors in the last 4 years. taking a business on the smart contract is a very good idea and give the growth also to the blockchain industry as when business enterpriser found profits in using blockchain technology in their businesses than they will bring more money in the blockchain industry. my predication is chainlink coin can easily cross the 10$ price in the end of 2020 at this time its trading at 4$.
5. IOTA-: IOTA coin (Internet Of Things ) like a hidden gem in the cryptocurrency industry at this time. IOTA has a great future as IOTA is using directed acyclic graph (DAG) technology instead of a conventional blockchain. The IOTA Tangle is a Directed Acyclic Graph that has no fees on transactions and no fixed limit on how many transactions can be confirmed per second in the network; instead, the throughput grows in conjunction with activity in the network; i.e., the more activity, the faster the network. IOTA can be used in real world. most online business owners and retail shoppers can use the IOTA coin for fast confirmation with 0 fee facility. so its a game-changer. at this time people not aware about the potential on IOTA. but as the blockchain use will grow and people have to pay high fees with waiting for the confirmation that I can see now people will start using IOTA.
IOTA already gave 9000% growth to its investors. now IOTA is trading on 0.22 cent and its touched already 5.60 $ in 2018 when the crypto market was on top.IOTA can again touch its previous high in the near future and its a good coin to invest with a long term vision.
Cryptocurrency is a very volatile market. so it is up to you how much you want to invest. please invest whatever you can afford to lose also. and second, do your own research too before investing money here. I am not an investment expert and this advice is my personal view. you are not bond to follow this advice too.cryptocurrency is a good financial market to learn and earn. so you can learn a lot here that will give you big money in the future.
JUNE 15, 2020
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