Top cryptocurrencies 2019: who is on top?Colin Baseman
We will present you the TOP 5 cryptocurrencies that gained a lot of momentum in 2019. We will also tell you in detail about their creators, features, and prospects. The capitalization of these coins indicates great popularity. Even though they are at the top of their game right now, the crypto-industry is ever-moving and ever-changing. So take the opportunity while you can!
Bitcoin was created in 2009 by a developer (or group of developers) under the pseudonym Satoshi Nakamoto. It has shaken and revolutionized the whole financial industry. Today, 10 years later, Bitcoin is the most famous cryptocurrency in the world, which has an impeccable reputation and deserves the trust of many investors and companies.
The main advantages of bitcoin, for which it is highly valued: anonymous use, decentralization and the impossibility of forgery.
Capitalization at the time of the survey: $189 494 203 334, which makes up for a big chunk of the funds that are now invested in the cryptocurrency market.
Ethereum (ETH) receives the silver medal of our rating and many crypto enthusiasts agree with us by calling it digital silver. The disruptive blockchain platform of this currency was released on July 30, 2015, by Vitalik Buterin. When it comes to Ethereum, the main feature is the “smart contracts" technology. Ethereum allows you to create not only a currency but also decentralized applications, which attracts many large companies and investors.
Capitalization at the time: $18 564 153 797
Honorary third place in the top goes to Ripple, aka XRP. The main advantage of Ripple is a quick currency conversion without Central exchange office participation. It is also worth noting that this coin is fundamentally different from the others.
All transactions with it are made through a contract and can be reversible.
The project does not pursue anonymity and decentralization. Instead, the creators pay attention to the introduction of technology into the current financial system. Many banks are already studying Ripple and even working with it.
Capitalization at the time of the survey: $11 027 743 596
Bitcoin Cash (BCH)
This cryptocurrency has a remarkable creation story. BCH was created as a result of the division of the blockchain registry (hard fork), which was necessary to speed up transactions. It is important to understand that Bitcoin and Bitcoin Cash are independent cryptocurrencies.
This event was positively received by the crypto community and many popular exchanges. Recently, BCH has experienced another split, the development team did not agree on the concepts and views on the development of the coin. As a result, Bitcoin SV appeared in addition to Bitcoin Cash. But cryptocurrency continues to occupy a leading position.
Market cap at the time of review: $5 223 067 166
Litecoin is last but not least. It ranks fifth in the ranking. This promising coin is created by Charles Lee, a former Google employee.
It can handle a higher transaction volume than Bitcoin, to which it is often compared. Besides, the creator of the coin aims to eventually release 84,000,000 LTC - this is 4 times more than the number of bitcoins.
Capitalization at the time of writing: $4 144 967 289
All of the above cryptocurrencies are time-proved winners of the race, the titans. Their numerous advantages attract lots of crypto community members.
However, remember that the coins from this top are not necessarily the best, they are the most popular. Investors trust these projects with their capital and use it for transfers. Keep in mind to follow the latest news regarding other, younger coins. This will allow you spot various opportunities of profitable and competent investment.
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