Top Cryptocurrency to Invest in Ready for 2019
2018 has been a testing year for cryptocurrency investors. Volatile price swings have seen mooning coin prices from January, falter spectacularly. In this article, we will, therefore, look at what is possibly the best cryptocurrency to invest in ready for 2019.
Our 2019 Cryptocurrency List Explained
For the sake of full disclosure, it is important to note that in 2019, cryptocurrency prices might dip even further than they have in 2018. For this reason, the below digital currency list should not be interpreted as financial advice. Instead, we will look at coins which have the most technical potential for 2019, coupled with what may be argued to be a low level of overall investment risk.
On January 6th, 2018, DigiByte (DGB) peaked at $0.12 in value. Almost all altcoins at the time were enjoying extraordinary gains. However, what is remarkable about DigiByte, is the fact that DGB had languished from 2014 to the end of 2017, at an average price of $0,0002. More remarkably, DGB has held value at approximately $0,02 throughout 2018.
Is DigiByte a Top Cryptocurrency to Invest in During 2019?
DigiByte launched in 2014. However, despite being one of the most technologically advanced coins on the market, DGB didn’t appear on investors radars until late 2017. Arguably, this is because DGB never ran an ICO. Instead, DGB is entirely self-funded.
- DGB uses five mining algorithms to increase security and prevent unauthorized forking
- DigiByte features a digital asset layer which makes it possible to execute smart contracts and run decentralized applications (D’Apps)
- DigiByte transactions settle instantly, and the DGB blockchain is infinitely scalable
Thanks to being a robust technological front-runner, it is likely that a renewed Bitcoin bull run could help DGB retest $0.12. For investors in 2019, that could result in 500% gains. More importantly, some long-term price predictions put DGB at $3.50 – $20 by the year 2020.
Lethan is unique on the cryptocurrency market. Namely, thanks to the fact that coins can be earned by anyone, anywhere, with almost any PC hardware.
Rather than being just another altcoin, Lethean is a blockchain based decentralized VPN. Anyone can download and run Lethean. When they do, users can buy LTHN coins to browse the Internet anonymously. Alternatively, those with Internet bandwidth to spare can set up a Lethean exit node which other users can pay to access.
- Lethean is more private and anonymous than TOR or any mainstream VPN service
- As a decentralized VPN, Lethean runs on its own blockchain and is already attracting consumer interest. (Rather than being an ICO)
- Lethean users can set up a Lethean exit node freely and anonymously
For the particularly privacy conscious, LTHN tokens also use Monero-like ring signatures and dummy addresses, making LTHN a privacy coin in its own right.
Cardano positioned itself as a top cryptocurrency to invest in toward the end of 2017. Founded by ETH co-founder Charles Hoskinson, Cardano is a peer-reviewed, quantum computing resistant cryptocurrency. A digital asset layer capable of running decentralized applications, has also resulted in Cardano being hailed as a possible ETH-killer.
Sadly, Cardano (ADA) pulled back sharply in 2018. However, this is mainly due to Cardano still being in development. As it stands, Cardano developers have promised to have a working product released soon. When this happens, Cardano will represent the world’s first working third generation blockchain.