Promising Altcoins for 2020 – Part 1

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Although there are several altcoins and the cryptocurrency market is quite volatile, there are always high expectations from investors and experts for some cryptocurrencies and tokens. It would be no different in the new decade!

Read on and check out the first part of the cryptocurrency compilation to keep an eye out for 2020.

Burning (ARDR)

Created in 2018, Ardor is a Blockchain as a Service (BaaS) provider platform that provides a blockchain infrastructure for organizations to configure their own networks without having to worry about coding or protecting them.

Ardor uses a parent-child chain architecture that allows the creation of “daughter chains” from a “parent chain”, which have the same security apparatus as this parent chain. These daughter chains can interact with each other allowing trade and exchange of assets between the chains. In addition, the blockchain provided by Ardor is quite scalable, as it separates transactions and data that do not affect security and allows them to be moved to child chains.

Ardor has a tendency to stand out and, consequently, to have its ADRD token valued because of the great demand of companies for blockchain technology, which is becoming increasingly popular and necessary in the new economy. Furthermore, the easy way in which Ardor has access to this technology by companies and other institutions makes ADRD a very attractive token that, according to Walletinvestor, has projected returns of 92.08% for 2020.

Neither (XEM)

The New Economy Movement (NEM), launched in 2015, is a system of intelligent assets that enable companies to develop their business platforms. This system is a double layer blockchain developed in Java that uses a Proof of Importance algorithm, in which the importance of the user is determined by the number of native tokens of the platform he owns and the number of transactions associated with his wallet. Your native XEM token is used for transactions within the NEM blockchain and to encourage the network of nodes that process and record transactions for companies and individual users using the network.

The XEM token has been growing little by little and, although it is not yet a very popular altcoin, it already has a market capitalization of R $ 1,620,249,522 being an interesting bet for 2020.

Cardano (ADA)

Cardano (ADA) is a decentralized platform created by the co-founder of Ethereum, whose main objective is to serve as an alternative form of payment for people residing in countries with little or no access to banks. In addition, it also allows you to perform programmable value transfers in a secure and scalable manner, as well as providing space for companies to create financial applications with a focus on security. one of the first to be built in the Haskell programming language.

Cardano (ADA) is one of the first cryptocurrencies to be built based on the Haskell programming language and the first to be based on scientific methodology.

Currently ranks among the cryptocurrencies with the highest market value expected to rise in 2020.

BitTorrent (BTT)

BitTorrent aims to tokenize the decentralized file-sharing protocol, from its BitTorrentToken token, a TRC-10 token released in 2019 that is based on the TRON blockchain. BTT is used on the BitTorrent platform for faster downloads or can be stored in a wallet integrated with the BitTorrent client.

The token in its integration with TRON may be distributed among TRX holders to convert tokens

According to resources, Bit Torrent tokens will be distributed among TRX holders at the conversion rate where 0.11 BTT equals 1 TRX, making BTT an interesting cryptocurrency to invest in 2020.

Pundi X (NPXS)

Pundi X (NPXS) is a transaction system that aims to concretize the use of cryptocurrencies as a form of payment in the retail sector, enabling medium and small traders to carry out transactions with a system that integrates cryptocurrencies in an easier way through the Pundi device X Point-of-Sale (XPOS), which accept Pundi X’s native token, NPXS, for payments for goods and services.

In addition, Pundi X Point-of-Sale also supports retail intelligence, loyalty, and marketing programs, as well as systems for managing orders and inventory in the case of goods trade.

This cryptocurrency, although considered one of the cheapest to invest, presents great prospects for 2020.

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Foxbit | Guia do Bitcoin

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