2020 promises to be a good year for the cryptocurrency market. With many high anticipated developments planned to take place, investors and experts are expecting nothing but all ‘greens’ this year. Of course, the crypto market will again see the influx of new digital coins all with the aim of making it to the top. Many cryptocurrencies have been projected to excel this year and this piece sheds light on a few of them.1. Ethereum (ETH)
Ethereum has been bitcoin’s biggest challenger for the most part of its crypto journey. The digital coin, however, has failed to impress over the past few months, but many experts believe this is about to change.
Its dApp processing platform raked in over 1.4 million users last year, of which 1.28 million were new users with the remaining number, returning users. Ethereum’s network use has evolved over the past years and its adoption rate is also on the high. Many experts are predicting a big year for the digital coin.2. Tezos (XTZ)
Tezos’s underlying technology which is supported by an on-chain governance system takes its proof of stake technology to the next level. Its ecosystem, according to experts is on course to become a major public infrastructure, after major bodies expressed interest in it. The digital coin is currently ranked 11th and is trading at $1.98 but expected to climb up to $12 by the end of the year.3. Litecoin (LTC)
Litecoin was one of the best-performing coins last year and is expected to carry on with that superb form this year. With its Lightning network already up and running, LTC will be interchangeable with Bitcoin. Litecoin has always been seen as the superior coin over Bitcoin in terms of Technology, as its platform is ready to serve as a global payment network, something that Bitcoin cannot offer.
Its price is expected to double this year, with other experts believing that, the digital coin will achieve a whopping 440%...