Promising Altcoins for 2020 – Part 2

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The cryptocurrency market continues to grow. In addition to the pioneer Bitcoin, there are more than 2000 altcoins available for investment and expanding your community every day. In the last article, we presented 5 promising altcoins to invest in 2020. However, the list of altcoins that present growth opportunities for the beginning of the new decade do not end here.

Read on and check out the second part of the cryptocurrency compilation to keep eyes on for 2020.

IOTA (MIOTA)

IOTA, the German altcoin created in 2014, today ranks among the best cryptocurrencies under $ 1. This cryptocurrency is a distributed ledger applied to the IoT, which uses a DAG (directed acyclic graph) instead of conventional blockchain technology.

IOTA has a quantum-proof protocol called Tangle, which allows for greater scalability, more speed in transactions, secure data transfer and the non-existence of fees on transactions carried out.

IOTA is one of the 20 cryptocurrencies with the highest market capitalization and presents itself as a great investment opportunity for 2020.

Ravencoin (RVN)

Inspired by the Game Of Thrones series, Ravencoin is an open-source project launched in 2018 that uses blockchain technology to promote the creation and transfer of assets from point to point, enabling its users to trade real assets (such as commodities) or even digital assets through the Ravencoin network.

Ravencoin is an emerging project, but already has prominent sponsors such as Bruce Fenton who is CEO of Overstock and also a member of the Bitcoin Foundation Board, and the European company TokenizEU which helps companies issue STOs and relies on Ravencoin to broadcast your new assets.

Although recent, this project presents great opportunities and is drawing a lot of attention from important figures within the crypto market and presents itself as a great opportunity for investors this year.

QuantStamp (QSP)

QuantStamp is the first scalable security audit protocol. It was created with the mission of tracking security breaches in Ethereum’s smart contracts.

QuantStamp is supported by the American accelerator Y Combinator and has security experts to promote the protection of decentralized systems through audits of smart contracts and safety nets.

QuantStamp has offices in the USA, Canada, and Japan and has already secured the security of approximately US $ 1,000,000,000.00 worth of digital assets through its audits.

QuantStamp is considered a good altcoin under $ 1.00 and offers several possibilities for long-term investors, due to its monthly Airdrop of several new cryptocurrencies.

Ontology (ONT)

Launched by Chinese Onchain in 2017, altcoin Ontology is a provider of high-performance public networks that includes features of smart contracts and distributed contracts. The blockchain framework adopted by Ontology supports collaboration between chain networks and customizable public blockchain systems for different applications.

Ontology uses a double token, called ONT and NGO. The ONT token is a cryptocurrency that can be used on the platform for consensus betting, identity verification and authentication of users and assets. The NGO is a utility token used for the platform’s chain services.

Although the cryptocurrency exchange rate is very volatile and the current price in Ontology is below $ 1.00, the developers of this altcoin are confident about its growth potential for 2020.

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Fontes:
Foxbit | Guia do Bitcoin

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