Wondering to get the answer on which Cryptocurrency to invest in 2019 or for future 2020 and onwards than in this guide I have prepared a list of best Altcoins.
But such coins are quite expensive and even risky to invest in, but I have already shared one detail guide on those top 10 cryptocurrencies to invest, you can check out that.
In this guide, we will talk about Top 7 Best altcoins which currently available at the cheaper price and which are having a good project and the strong team behind them.
While we talk about cryptocurrencies investment, then take this guide as advice only as we all know the volatility of the market.
I will try to put all the possible aspects of cheap altcoins on which I did my few investments.
That is why sharing with you, why these projects are most promising.
Keep reading till the end, so I could get my view on each of the Altcoins as a summary.
What are AltCoins and Why to Invest?
Cryptocurrency was started back in the year 2009, while the first time Bitcoin was introduced.
Bitcoin was the first generation blockchain but was having scalability issue as it can clear max 6-7 transaction per seconds.
So New cryptocurrencies based on same blockchain technology has been introduced and those are known as Altcoins.
Blockchain technology is a decentralized platform, where security and removal of central authority in between two parties were the prime criteria to consider.
Bitcoin is currently the most expensive cryptocurrency trading around 4000-4500$ /BTC. Which is not easy to invest for everyone.
Hence we will talk about Altcoins which are cheaper in price and growing the same as Bitcoin did in the past.
Before sharing the list of Altcoins, first clear your doubts why you want to invest in Cryptocurrency?
This is a volatile market, which can be a pump or dump any moment. First, you Should decide your profit or loss margin.
In the year 2017, we have seen that every single cryptocurrency pumped by 1000% and even more and in the first quarter of 2018 all dumped the same 1000% or even more.
So Plan your investment by diversifying them.
Let me introduce you the list of cheap best Altcoins which are worth investing for.
List of Top 7 Best Altcoins to Invest
Here, I am going to provide you a brief overview of their price history change and technology behind those Altcoins.
To learn any of them in detail, I have also written a separate guide for each of them so you could navigate and check more.
Before that, I would advise you that invest in technology not on cryptocurrency, if the platform is strong providing problem-solving solutions than their Digital asset will definitely fly in future.
Let me drop all the best Altcoins one by one, which are the most promising cryptocurrencies.
Ripple was the first project started back in the year 2004 to prepare a decentralized platform for financial institutes.
But it got wide popularity in the year 2012 when Jed McCaleb, invited people to join this platform to take this to the next level.
Ripple is not based on blockchain technology but it is having its own protocol called distributed ledger network.
Where they authorized a few nodes to validate each and every transaction happening on the Ripple network.
Hence Ripple is a decentralized technology and XRP is the digital asset which is created by Ripple Inc Lab the creator of Ripple.
But to make sure, on Ripple Network you can use any fiat or digital assets to do transactions it is not mandatory to use XRP on Ripple network.
So in future, if wide adoption of Ripple will happen this not means that the price of XRP will definitely increase.
Ripple Cryptocurrency XRP is not created to replace existing fiat currency this is been created if both party on Ripple network unhappy with their own fiat to trade than they can use common asset XRP.
Ripple is only used by Financial institutions to increase transaction speed which is around 1500+ transactions per second on the Ripple network.
Till Date Ripple is offering three services.
Here XRP Cryptocurrency original use is with xRapid Only, Till date, 100+ companies like MoneyGram, Stander, Axis Bank has started using Ripple network.
But only companies like Money Gram, Western Union are using XRP cryptocurrency on Ripple network.
Now coming to the price history of XRP. When it was started back in the year 2012 that moment 1XRP= 0.005882$.
In the year 2017 end and first quarter of 2018, it reached its all-time high of 3.23$, but currently traded around 0.31$/XRP.
So, in summary, it is a good project and best Altcoins and has proven record in past and third cryptocurrency after Bitcoin and Ethereum in total market capitalization around 13 Billion USD.
It has a max supply of 100 Billion coins and around 42 Billion coins are currently available in circulation supply.
Approx 55 billion of coins are with Ripple Lab Inc, which they claim that they are locked in Escrow wallet to release 1 Billion coins every month.
This looks like a promising project has already been accepted by the number of companies, but try to understand the difference between Ripple and XRP.
Because you are going to invest in XRP not in Ripple, to understand better in Ripple and XRP check our exclusive guide.
Stellar Lumens (XLM)
Stellar Lumens is same as Ripple (XRP), this may surprise you the brain behind the creation of both cryptocurrency or network is Jed McCaleb only.
Stellar Lumens is having a wider scope than Ripple, Where Ripple is focused on banking or financial institutions only.
The stellar Lumens (XLM) focus is both banking finance institutions as well as small retailers.
The vision behind the creation of Stellar Lumens is to solve remote area people problems, which are having no access to typical banking or financial institutions.
It is already been used by the number of small retailers to trade as a form of currency, the most interesting thing is IBM.
IBM using Stellar Lumens blockchain network have built and launched IBM Blockchain World Wire network.
Where currently only two currency one is Lumens (XLM) the native currency of Stellar Network and USD is allowed to transact.
Stellar Lumens (XLM) is the only cryptocurrency which is a shariya compliance certified, Iran has decided to build their own cryptocurrency based on Stellar Blockchain network.
Stellar Lumens is a nonprofit organization and fully decentralized platform which is already been listed with CoinBase and all the major exchanges.
Going to the price history of Stellar Lumens.
In the mid of 2017 Stellar price was around 0.002$ and at the end of 2017 was close to 0.31$ and in Jan 2018 it was approx 0.93$
Hence it has potential and focuses of investors, now coming to the max supply of XLM coins which is the digital asset on Stellar Network.
Stellar is not available to mine it has total token 100 Billion is already been created and available to distributed in the market.
In the next 10 year all distribution of Free coins will be completed, yes it is free but how you can get it, I already explained you in our Stellar detailed guide.
Because to use Stellar network you need XLM, every operation on Stellar network need 0.00001 XLM in fee.
Hence in future will increase demand for XLM and currently it is available for price 0.10$ /XLM.
From my point of view, this is good going project and already been accepted and almost proving themselves.
So I advise checking our extensive guide on Stellar network and Lumens (XLM) cryptocurrency.
While we talk about Bitcoin, it is known as the 1st generation of Blockchain and Ethereum as 2nd generation of the blockchain.
In a similar way Cardano is known as the 3rd generation of blockchain technology, yes the creator of Cardano is the Charles Hoskinson, the co-founder of Ethereum.
In the year 2014, he started a separate blockchain based project which should help below issues to resolve.
He decided to write separate code for blockchain which could communicate with another blockchain, which is not the case with other cryptocurrencies.
Which could easy to scale as the number of users will increase and have built a treasury so that project will get fund continuously and it will never close because of funding issues.
This is the only blockchain based cryptocurrency project which is based on peer to peer review where not only developer but scientist and engineers are involved.
This project was started back in 2014, they did extensive work on the project than in 2017 they have released this officially as an ICO.
This is the only platform which has two layers to operate one is a settlement and second is computational layers.
Cardano has evolved with the separate concept of Proof of stack with Orobourous protocol which new of any other Proof of stack algorithm.
Cardano has not even released any white paper or actual roadmap and not even mass advertisement but it got real hype of the market which is amazing.
People believe in the strong team behind Cardano and it is backed by three strong teams.
- Nonprofit Cardano foundation
But still this project is under construction and how will they deliver this to the promise of the world no one can sure you.
But I would advise you to worth check full detail about Cardano how it is working and what is the use of ADA Coin on Cardano platform.
Yes, ADA is the native digital asset used on the Cardano blockchain network.
While checking the price history, we have seen that in 2017 its price was 0.021$ and in three months after ICO it touched to new height 1.21$.
Currently, Cardano is traded around 0.06$/ADA which is too cheap to grab at this point. Once their shally update will come may boom the price.
For me, this is the only highest best altcoins platform, which looks most promising and having real use in the future.
To learn, more about Cardano and ADA coin, I advise you to check our detail guide will give you more confidence about this project.
This time social media such as Facebook and YouTube are the most famous platform to share the creativity of an artist.
But the problem with this platform is the most part of the revenue which you earn through that creativity is been taken by the owner of the platform such as Facebook or YouTube.
The other biggest challenge is they have control over your content, any time they can delete that if you are not following their guidelines.
The solution of that centralized social media platform is Tron, yes Tron was started back in the year 2017 by Justin Sun in an ICO. It raised around 81 Million USD by different investors.
Now on this TRON media platform, you will be the owner of your content and complete revenue will be owned by you only.
It looks like the future of digital social media which will be fully decentralized. They have done a partnership with Tether (USDT) which is issuing stable coin USDT.
They have done the partnership with BitTorrent, which has over 100 million users worldwide.
Bittorent is planning to issue its own token over Tron platform, many more DApps based on gaming industry have decided to launch on TRON.
Now talking about Price History, while TRON token TRX was launched in ICO it’s initial price was 0.002$ which at the end of 2017 reached all-time high 0.25$.
TRON is currently traded at 0.02$ which is even 10X more than its initial price and getting more and more volume day by day.
This is all up to you whether you want to invest in TRON or not, for more on Justin Sun he is also a good friend of Jack Ma founder of Alibaba group.
So, this could be a game changer in the future if both of them come together, this is the possible case i am thinking about.
Now, I have explained about this project but to learn more in detail how it works what is TRON and how its native currency TRX will be used just check our detail guide.
This is another major project which is attracting a lot many investors, it was introduced to solve industrial issues on supply chain marketing.
This time, we have seen a lot much counterfeit in the market where the duplicate copy of branded or luxurious things been sold out in the market.
Which is ultimately losing the profit of the actual company, reason the end user not aware of the actual background behind the product he is purchasing.
VeCahin was started way back in 2007 but it got wide popularity in the year 2017, it has provided a great solution to overcome counterfeit.
VeCahin has its own blockchain network which they call THOR and native currency VET, and VeChain is founded by Sunny Lu and Co-founder DJ Qian.
Here Idea is to create an RF-ID sensor with each product, which first produced in a manufacturing plant and tracks the movement and history of that good.
Wherever this product will go, everyone in the supply chain will scan that bar code and this movement will be tracked in THOR blockchain network.
VeChain based THOR blockchain allowing companies to build DApps on VeCahin blockchain and using those applications every user can scan that bar code on the product.
Through that Barcode user can get complete idea about when that product was created and how old it is, is it real or not, every single detail. Amazing.
VeChain has already been tied up with big companies like BMW,PWC, Amazon Web Services, Hyperledger and many more.
While talking about Price history, Back in history it was first traded around 0.24$ back in July 2017 than later Jan 2018, it went up to 9.45$.
Currently traded around 0.006$/Coin, because of mass fallback in the year 2018 due to central regulations but it looks promising.
The company is doing tie up with many more big scale companies and I found this has a very bright future.
Because this time only those Cryptocurrencies will boom which has very strong fundamentals to solve people problems.
VeChain is also been accepted to an automobile, food, luxurious industries and way more is about to come.
South Korean industries are now massively adopting blockchain based technology and one of them is ICON (ICX).
ICON (ICX) has also tied up with the government to solve some major problems such as decentralizing elections voting process on blockchain network.
ICON is a blockchain network which has its native currency to run is ICX. ICON was created back in Sept 2017 only.
ICON is created by the Korean Company Dayli financial group which specializes in financial innovation and technology.
ICON is also made with a vision that in future every blockchain network could communicate with one other same as Cardano.
It has the mission, that in future every industry like educational, insurance, financial, healthcare industry could use a single platform to traverse their data.
They have already done a pilot product with South Korean universities by installing a vending machine to buy products,
ICON has already done the partnership with 27 security firms,15 insurance firms, 3 major hospitals,3 major universities and many more.
They have also done the partnership with Samsung securities and many big brands and its leading blockchain in South Korean industries.
While talking about the price history of ICON ICX, according to source from CoinMarketCap its initial price was around 0.40$ and in Jan 2018.it touched 12.04$/ICX token.
Currently, it is traded around 0.31$/Coin, means project looks promising and the current price is less than a dollar.
You can check how the South Korean industry has started using ICON (ICX), and how future price could go up.
It is another blockchain based most promising project which is this time known as the killer of Ethereum.
It is been introduced in the year 2017 as in ICO where it raised around 1 billion USD and after ICO they have released around 700 million tokens which is 7-% of total supply.
The idea behind EOS is to build smart contract same as Ethereum but could able to clear more transactions per second which are the drawback of Ethereum.
The second thing is you can build the application and can put them to any of your personal hosting or cloud hosting anywhere you want.
They are planning to build a platform like Operating system. To learn more about the EOS check detail guide here.
Checking the price history while in 2017 ICO, its initial price was around 1$ and it touched the new height of 21$ around April 2018.
Currently, EOSs is traded around 3$ which is even a better choice if you want to pick and try one.
This project is in my Best Altcoins list least priority but yes it is an eye-catching investment for most of the investors which you can check your own.
To trade or Buy-Sell any of the above Altcoins, I would advise you to do from Binance, to learn how to trade and why Binance is the best exchange, check our Detail guide on Binance.
If you want to buy any of the above Altcoins in exchange for Fiat like USD, EUR, GBP, etc and without paying 0$ transaction fees than don’t miss this Buy Crypto with 0$ Fee guide in detail.
My View on Best Altcoins to Invest
Above provided 6 out of 7 cryptocurrencies in best Altcoins guide have a very strong team behind them and they are consistently solving the real issues of the industry.
The best part is, all of them have already been proved their potentials and consistently growing by doing the partnership with big partners or industries.
Except for EOS, every other cryptocurrency has the price which is less than 0.50$/Coin, so if you have some money and you like the project than you can try them by diversifying in the above best Altcoins list.
I personally love all the above Altcoins and their future vision, what do you think about them, let me know in the comment box.
I hope you like this Best Altcoins guide if so hit the share button share with your other friends.
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