March 12, 2020
Cryptocurrency is no doubt a growing as a super-trend in today's fiscal society, which is getting recognized worldwide, welcomed by major leading corporates like Facebook, JP Morgan and Microsoft and indulged into everyday transactions. Cryptocurrency has proven to be a storm for the financial world grabbing every individual’s attention.
Top 5 cryptocurrencies that are hard to ignore in 2020
1. BitCoin (BTC): For the year 2020, the Bitcoin community looks forward to the “halving”, Although the prime date is foreseen by the protocol to tighten its monetary issuance rules and halving will cut money creation in half, from 12.5 to 6.25 BTC every ten minutes in 2020.But no one exactly knows when this potential change will occur. Thus, Bitcoin will appear as an asset that will be present in prominent quantities in any portfolio of digital assets.
2. Ethereum (ETH):
Ethereum joined the CryptoCurrency market in 2015, much later than Bitcoin, and offers smart-contract applications. Ethereum had an eventful year 2019 witnessing the emergence of Decentralized Finance (DeFi), almost all of whose projects are based on Ethereum technology. The community is now eagerly awaiting the ETH2 upgrades that will ultimately ensure that the network has the capabilities to become the blockbuster of tomorrow’s innovative financial products.
3. Ripple (XRP):
XRP is also called the "king of banking infrastructure." As Ripple Labs controls the supply of XRP, it tends to be more centralized process as compared to the other competitors in the market. Ripple ecosystem is taken as a local breakthrough by the largest financial market players in the crypto industry. The Integration with Western Union and the potential replacement of SWIFT to speed up and reduce the cost of transferring significant amounts between contractors was and will always be a boost to XRP in the near future.
4. JD Coin (JDC): JD Coin aims to become the top Crypto Currency in the market by providing continuous use of their coin to their traders to meet some of their real needs. Although most top-rated Crypto Currencies in the market are always in head-on competition to become the leader in the sector, JD Coin is one of the leading Crypto Currency to identify and address real world problems.
5. Litecoin (LTC): Litecoin is an attractive asset as it shares a common code. Also, the technological superiority is on their way in making payments in the real world in the near future. Due to Lightning Network, LTC will become interchangeable with Bitcoins very soon. LTC is trading at $ 85 per coin, it could be well taken at the $ 200 mark by mid-2020 as Litecoin's transaction time is about four times faster than Bitcoin, and has 25 block rewards per block compared to Bitcoin's 12.5
Disclaimer: The Specific facts and figures regarding 2020 are just a reference from third-party websites or for information purposes only (“Third-Party Sites”). JDC is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. JDC Intends to provide these figures only as a convenience, and the inclusion of any information does not imply endorsement, approval or recommendation by JD coin of the site or any association with its operators.