Top 5 Cryptocurrencies to Watch in 2020`

Top 5 Cryptocurrencies to Watch in 2020

This year has seen a surge of new projects enter the crypto space. What was once only a few coins, now includes thousands of projects. While many of these platforms bring value to the space, most are just duplicates or outright scams. 

It’s not always easy to determine the validity of a new blockchain venture. For one, the entire sector is new, so most firms are only a few years old. That being said, there are some platforms that have stood out amongst the growing competition. Here are the top 5 cryptocurrencies to watch in 2020:

5 – ATOM

ATOM is the utility token that services the blockchain platform Cosmos. Importantly, Cosmos seeks to become the bridge between all other blockchains. This protocol functions as a mediator between independent blockchains operating on its decentralized network. In this way, developers hope to create the Internet of blockchains. 

COSMOS

COSMOS attempts to solve three main concerns in the sector, scalability, Ease-of-use, and sovereignty. Currently, you have different programming languages spread across a multitude of different blockchains. ATOM provides developers with a universal standard to utilize in the development of Dapps, smart contracts, and more.

Improve the Entire Market

COSMOS is unique because it improves the scalability and functionality of the entire sector. Impressively, COSMOS allows blockchains to scale to millions of users.

4 – LINK

LINK is the cryptocurrency for the Chainlink ecosystem. Chainlink seeks to develop a fully decentralized oracle network to supplement blockchain operations. Oracles are third-party sensors that have the ability to trigger smart contracts. Today oracles can monitor everything from the weather to stock prices, to the score of a baseball game. As such, they are one of the most interesting developments in the sector.

CHAINLINK

CHAINLINK attempts to solve the problem of centralized oracle data. Currently, blockchains utilizing oracles must trust that the data they receive is accurate. Chainlink attempts to provide the network with a trustless alternative.

Oracle Data Verification

CHAINLINK introduces a decentralized network of oracles to the market. The system is able to determine if an oracle is reliable. The system removes oracles that provide incorrect data. This strategy keeps the entire network secure.

3 – EOS

EOS is the native cryptocurrency for the EOS.IO blockchain. Developers built this platform to service the growing Dapp community. EOS provides Dapp developers with exclusive functionality to simplify the Dapp building process. There are currently over 100 Dapps that operate on this blockchain.

EOS.IO

EOS continues to garner national attention due to its flexibility and unique capabilities. This platform provides developers with a streamlined approach to development.  Consequently, EOS is one of the most popular cryptocurrencies in the world.

ICO-Friendly

EOS makes it simple for anyone to launch their own token on the network. This ICO-friendly approach makes EOS an attractive option for businesses seeking a reliable crowdfunding platform.

2 – GSX

GSX is the world’s only Quantum-secured stable coin currently. This coin derives its value from gold and gold mining operations. Keenly, GSX combines the best elements from a stable coin, cryptocurrency, and investment coin to provide the market with a truly unique financial instrument.

The GSX protocol resides on the fourth-generation blockchain, Apollo. As such, the platform is privy to a variety of next-level technologies including sharding, advanced security features, and record-breaking transaction speeds.

More Benefits

Unlike the coins previously mentioned on this list, GSX holders are the trust beneficiaries and legal owners of all land rights, mining companies, and all mining assets associated with the project. Consequently, token holders receive yearly dividends.

Transparency

The GSX platform utilizes a third-party independent auditor that verifies the holdings of the firm regularly. Best of all, you can redeem your GSX for gold at any time. This strategy makes sense, especially when you consider that both the value of gold and the real estate where it’s mined, is set to go up in value considerably in the next ten years.

Where to Get GSX

GSX is still in its pre-sale stage so to participate, you must go to GSXCDE.com. The firm currently has offers for early bird investors. You can save 50% on your investment. Notably, 50% of not purchased tokens will be burned to support value growth in the current coins in circulation.

1 – Apollo

Apollo is the world’s first fourth-generation cryptocurrency. It provided users and developers with the most feature-rich blockchain platform to date. Apollo integrates a variety of proprietary technologies to achieve multiple firsts in the market.

For example, Apollo is the first true quantum resistance blockchain in the world. It was also among the first to introduce true database level sharding. Sharding is a programming strategy that involves splitting and storing a single logical dataset in multiple databases.  Apollo’s sharding protocol makes it the world’s first Dapps infrastructure with limitless storage.

More Functionality

Users gain a host of functionality when they enter the Apollo ecosystem. The platform’s unique multi-blockchain approach gives it the ability to utilize the best features from across the market. Specifically, Apollo integrates:

  • Apollo Atomic Swaps
  • Adaptive Forging 
  • Apollo Updater
  • Node Synchronization
  • Much More


Moreover, Apollo continues to garner national media attention mainly due to its growing number of use cases. Currently, the platform has multiple government level use cases. Additionally, there are endless commercial use cases for this next-generation inter-blockchain platform.

Privacy

Apollo allows users to choose between private and public transactions. In addition to this flexibility, Apollo boasts one of the fastest tps (transactions-per-second) rates in the industry at less than two seconds per transaction, with most transactions taking under a second to complete. 

A Better UX

Notably, Apollo’s Token System allows anyone to create an advanced token in seconds without complex code. Removing the technical barriers to token creation is seen by many analysts as a crucial step in large scale cryptocurrency adoption. Apollo is available on multiple exchanges. However, BitMart.com offers the best rates for this coin. Also, the platform provides an easy-to-navigate interface that makes acquiring Apollo just a click away.

Top 5 Cryptocurrencies to Watch in 2020

Now that you have some insight into the top coins to watch in 2020, you are ready to continue your investment strategy. Remember to stick to reputable projects and you are sure to see success.