Tim Draper expects Bitcoin Price to hit $250,000, while analysts project alt-season to start in 2020. Here is our top 10 cryptocurrency 2019 list.
15 November 2019 | AtoZMarkets.com - Since we published our top 10 Cryptocurrency 2017 list crypto market has evolved, almost crashed and then gained global attention with Libra. No matter how hard some crypto skeptics try, blockchain adoption and the number of merchants accepting Bitcoin or another crypto payment always keep on increasing.
Here is our top 10 cryptocurrency 2019 list, based on CoinMarketCap as well as other social metrics. Just as a side note, no matter how great potential any financial instrument has there is always a chance of losing money. Therefore, you should never invest more than you can afford to lose neither in Cryptocurrencies nor in any other investment.
#1 Bitcoin (BTC) - genesis of all
It should not come as a surprise. Cryptocurrencies started with Bitcoin and Bitcoin started with Bitcoin.org.
Bitcoin.org domain name was registered on the 18th of August 2008. Later that year, on 31 October, Satoshi Nakamoto published Bitcoin whitepaper with Bitcoin: A Peer-to-Peer Electronic Cash System title (download original file).
As the top cryptocurrency, Bitcoin has a market capitalization of $153,872,393,908. Bitcoin Price in USD is approximately $8,500 (15 November 2019). While many countries have banned cryptocurrencies, many countries have given Bitcoin a commodity title. See the countries where bitcoin is legal and countries where bitcoin is illegal.
You need to know that the Bitcoin supply is limited. So, it is normal that many people can not afford buying 1 BTC. So, that should not be your worry. You can get a fraction of Bitcoin, which is called Satoshi as the smallest part of bitcoin.
You can mine Bitcoin!
#2 Ethereum (ETH) - mother of ERC20 smart contracts
Ethereum is not historically the second-ever cryptocurrency. However, after Bitcoin, the crypto community had the biggest boost thanks to Ethereum's invention. Ethereum ERC protocol enabled smart contract-based new token creation. One could also say, Ether (Ethereum's native coin) started the ICO market.
While ETHUSD had the highest of $1,300 level, currently the mother of smart contracts is trading at $180 level. Due to the rise and slow down or to some, the crash of ICOs, Ethereum demand has also fallen significantly. However, the Ethereum core team is working on the technology. At AtoZMarkets.com we believe that there is a significant upside possibility for ETH. The market cap of Ethereum is $19,566,803,182. It is almost 50% below the November 2017 figures.
You can buy Ether.
#3 Ripple (XRP) - Interbank institutional token
While many cryptocurrency fans dislike XRP due to its almost infinite supply, Ripple has managed to push its way around. The company behind XRP, Ripple, has signed impactful agreements with various financial institutions globally.
Ripple has been in the market since 2012. It made its all-time high of $3.14 in January 2018. Since then, the XRP price has gone down by over 91%. Given its historical performance, at AtoZMarkets we believe that the $0.17 zone is the most important support zone of XRP.
Currently, XRP has a market cap of $11,306,969,367. The price of 1 XRP in USD is approximately $0.26 at the moment.
You can not mine XRP Ripple.
#4 Bitcoin Cash ABC - wannabe Bitcoin
Although Roger Ver is trying his best to tell people that Bitcoin Cash is the real Bitcoin, we want to share our opinion that there is just one Bitcoin and that is BTC. Everything else, in our opinion, is an Altcoin.
BCash is a fork of Bitcoin. It had its fork in July 2017. Since its fork, BCH made the highest high of almost $3,000 during December 2017 bull-run. When Craig Wright and Roger Ver couldn't agree, BCH went into a crisis mode making its lowest low of $80 during December 2018.
At the moment exchanges have listed Bitcoin Cash ABC under BCHABC or BCH abbreviation. Many crypto fans will also call BCH as BCash due to a scandalous youtube interview of Roger Ver. Bitcoin Cash has a market cap of $4,817,588,670. You can buy one BCH for approximately $265 on Binance.
You can mine BCH (Bitcoin Cash).
#5 Litecoin (LTC) - lighter version of Bitcoin
Litecoin is another Bitcoin fork. Charlie Lee is the person behind the Litecoin fork. The industry will also remember him for selling all of his Litecoin holdings during the all-time high of the market in December 2017.
The market cap of Litecoin is $3,678,915,353 at the moment. Today 1 Litecoin price is around $57.60.
You can mine Litecoin.
#6 Binance Token (BNB) - Binance exchange ecosystem token
Binance Token is the ecosystem token of the Binance exchange. Although BNB was initially built on the ERC20 platform, Binance built its Blockchain and migrated its token to Binance Chain too in 2019.
Binance CEO, CZ, is probably the most active crypto industry leader on Twitter. His strategy is to create an image that funds are safe with Binance. You will often read that CZ's twitter is mentioning "Funds are SAFU!"
The market cap of BNB token is $3,148,372,862 at the moment. BNB token price today is around $20.26.
You can not mine BNB token. BNB has a fixed supply, but there is a monthly token burn.
#7 EOS - decentralized autonomous corporation
EOS is the native token powering the EOS.IO blockchain protocol. Similar to Ethereum, EOS.Io as a smart contract platform. However, the EOS platform also operates as a decentralized operating system intended for the deployment of industrial-scale decentralized applications.
The market cap of EOS is $3,137,365,309 at the moment. 1 EOS token price today is around $3.35.
#8 Stellar (XLM) - decentralized cross-asset transfer platform
Similar to ETH powering the Ethereum platform XLM is the fuel of the Stellar Platform. Stellar is an open-source, decentralized payment protocol that allows for fast, cross-border transactions between any pair of currencies.
During the past few weeks, Stellar has been around the crypto headlines with its token burn news.
The market cap of Stellar (XLM) is $1,443,160,390 at the moment. Today 1 Stellar (XLM) token price is around $0.07 level.
Stellar is based on a consensus algorithm known as the Stellar Consensus Protocol (SCP). It can not be mined similar to Bitcoin.
#9 Tron (TRX) - decentralized entertainment platform
Tron is one of the most controversial blockchain platform. The controversial part of Tron is not much about the technology but mostly about its CEO, Justin Sun. Much of the Tron content involves some kind of plagiarism, starting with the Tron whitepaper.
However, we need to acknowledge the final result of the Tron team. They managed to pull their blockchain. Currently, Tron is the #1 blockchain platform empowering the gaming industry.
The market cap of Tron (TRX) is $1,237,116,451 at the moment. 1 Tron token price today is around $0.018 level.
Tron is minable. You can mine TRON in these ways: Specialized hardware, cloud mining, pool mining.
#10 Cardano (ADA) - decentralized complex programmable transfers
Cardano is a Japanese blockchain project. It is the first cryptocurrency/blockchain project that evolved out of a scientific philosophy. Due to its coding methodology, Cardano should evolve as we go along.
Japan has the biggest Cardano community. But, it has failed to attract a strong user base outside Japan and South Asia.
The market cap of Cardano (ADA) is $1,136,585,081 at the moment. 1 Cardano - ADA token price today is around $0.044 level.
Other promising cryptocurrencies - 10+10
Currently, there are more than 5000 cryptocurrencies. Out of these tokens we have shared only the top 10 cryptocurrencies for 2019. However, the following are some of our promising tokens list too:
- KuKoin Shares
- Bitcoin Diamond
- Genesis Vision token
We have not accepted any compensation for the creation of the top 10 Cryptocurrency 2019 list. The author owns or have owned some of the coins mentioned in this article.