Cryptocurrencies are the buzzword in 2019. Most top rated altcoins offer 40%+ returns in a few months time. Even cryptocurrencies under $1 have a high potential. While there are over 2300 cryptocurrencies to invest in, choosing and investing in the right coin returns profit in the long term. With Alt seasons around the corner it is the best time to invest in these cryptocurrencies.
- Ardor (ARDR)
ARDR runs on the Blockchain as a Service (BAAS) business model, and that’s the key reason it is lucrative for investment. Ardor aims to provide businesses with the ability to implement blockchain into their operations. ARDR is currently at an altcoin to keep an eye on as it could potentially service millions of businesses ARDR is currently trading at $0.097.
- BlocPal (BPX)
Blocpal’s token provides website functionality for a fraction of the cost. Blocpal provides services to merchants, enterprises, financial services and payment partners at competitive pricing. With a network of partners and a strong team, it is a project with good growth potential.
- Nem (XEM)
The New Economy Movement (NEM) is a Smart Asset System that allows companies to develop their business platform. It provides the framework and platform upon which others can build decentralized applications (DApps). It is like Apple’s app store – a technology on which others can build upon, and a coin that could offer good returns in your crypto portfolio. This peer-to-peer platform provides the ‘Messages’ feature included in a transaction that can be used for secure communication and multi-signature transactions that protect users from hackers and secure the community-held funds. NEM is currently trading at $0.067.
- Ravencoin (RVN)
Ravencoin has been inspired by the mythical creature Raven that carries messages. As ravens used to send statements of truth from one party to another, Ravencoin (RVN) is designed to carry a “statement of truth” to the party who owns the asset. The CEO of Overstock is known to have invested millions in RVN and platforms like TokenizeU have chosen RVN as the platform for all-new potential assets. RVN is currently trading at $0.052.
- Stellar Lumens (XLM)
Stellar Lumens is not really a small altcoin, it has a relatively high market capitalization and huge potential for growth due to massive circulation. It works on speeding transactions and lowering outward remittance fees. Serving a multi-trillion dollar a year market, it is among the ‘leading’ altcoin to invest in. XLM is currently trading at $0.089.
- Cardano (ADA)
Akin to XLM, ADA also has a high market cap and a potential for growth owing to its smart contract platform. It offers a system for companies to build financial applications with a key focus on security. It is a cryptocurrency under US$ 1 that has tasted success and is worth digging deeper into. Cardano has been continuously investing in partnerships with different governments across the world to sustain in the blockchain industry. This makes it a lucrative investment option. ADA is currently trading at $0.06.
During the Alts season, these coins are expected to give high returns in a short period. While there are several altcoins to invest in, it better to explore market capitalization, partnerships and growth potential of an altcoin before investing in it.