Now it’s probably the best time to take a step back, view everything that happened in 2018, learn from the mistakes, see the patterns, and maybe think about what the next year will bring.
Still, in spite of all the losses, news about hacks, FUD, and other FOMO-related actions, 2019 is promising to be an exciting year regarding project development as well as cryptocurrencies finally making their way towards the mainstream.
Regardless of what Bitcoin’s market situation will be in 2019, there are numerous altcoin projects out that are worth watching in 2019 especially if a good return on investment is what you’re after.
Regarded by most as the “King of Altcoins,” Ethereum did not have a very happy 2018, as it struggled to keep its value and, at the end of the year, it passed on its place as the second most valuable cryptocurrency project to Ripple.
Either way, Ethereum is still a very valuable platform, which is set to establish even more dApps and smart contract-based projects in 2019. In fact, its smart contract capabilities are ones of the platform’s main selling points, one that will potentially play big in 2019.
And, of course, Ethereum is a very versatile project, especially when compared to Bitcoin, which recommend it to a great number of institution and services that can potentially benefit by using it. Another important and exciting development that is not far away is the launch of the Ethereum 2.0 which combines key projects such as Beacon Chain, Casper FFG, Sharing, and eWASM and will be able to support massive on-chain transactions throughput.
At the time of this writing, Ripple is the third largest cryptocurrency out there by market cap. One of the things that differentiate Ripple from other similar projects is related to its underlying token, the XRP, which doesn’t play a key role in establishing the value of the network.
So far, the project has seen a meteoric rise both in value and regarding world-wide adoption. Over the past few years, it really seems that Ripple is on a roll both in terms of developments and new partnerships. 2019 might just be the year that Ripple makes it big, as its success is highly dependent on adoption. This project will most like to stand the test of time in 2019 as more and more banks and payment processors will adopt it.
Stellar is yet another exciting crypto project that made numerous headlines in 2018 with multiple innovations and world-scale adoption. Stellar aims to offer fast, cheap, and secure international payments readily available to all every-day individuals. Just like in the case of Ripple, its success in 2019 will depend upon how well the market responds to it.
However, considering the fact that multiple big tech companies have expressed a large interest in Stellar’s technology during the course of this year, its underlying token, the Lumen, might actually be one of the strongest investment opportunities during 2019.
Tron is an interesting crypto project with a lot going for it, but most of all, with one of the best communities in the current cryptosphere. All in all, Tron can reach the top 5 list at the beginning of 2019. This is mostly due to its significant developments in 2018 among which there are many partnerships, as Justin Sun has very good relationships with most of the market leaders. The fact that Tron recently purchased BitTorrent might also help it achieve VIP status in the following year.
Currently ranked 11th on CoinMarketCap, Cardano is one of the best platforms for the development of decentralized apps and deployment of smart contracts. Cardano is renowned for its unique architecture, one that’s designed to provide enhanced security and scalability. Ever since it was launched, Cardano had a very bulky roadmap. The most impressive thing is that the team behind the project managed to meet all their targets in 2018 and there are no signs that things will tone down. During 2018, Cardano also managed to grow its Twitter community to well over 100,000.
EOS has seen one of the biggest increases in value in 2018, and for a good reason, as it’s Ethereum biggest competitor. There’s a lot of controversy behind EOS, some calling it a scam, other pointing the finger as being only useful in the Asian markets, while others fully believe in the project’s potential to become the new Ethereum.
Subsequent to a very successful fundraiser, EOS is now looking to expand its dominance and is hiring new staff, which is a very good sign for any project, not just crypto ones. Regardless of your views and perspectives on EOS, there’s a very good chance EOS will grow with the market in 2019 and its token will become of the most profitable investment opportunities by the end of the year.
Anonymity and security have since long been important criteria for most users of cryptocurrency. This pattern will most likely see a huge rise in 2019, and that’s exactly why Zcash has the potential to be a very good investment opportunity. Zcash has an ongoing collaboration with Ethereum in order to create a larger bridge between the two projects, and will soon have fully functional cross-chain atomic swaps, which will make it one of the most versatile crypto projects to date.
Litecoin is a veteran of the crypto world as it’s one of the oldest cryptocurrencies to date. The project is known for sharing lots of its basic functionality with Bitcoin, but also for improving upon the outdated design. Litecoin is also a project with a very impressive community behind it and is one of the four most traded cryptocurrencies on Coinbase (and other top exchanges). Another reason to keep an eye on Litecoin as a potential investment is the fact that the platform halves its rewards on the new year. In the past, this led to huge value increases.
One might think that because of Monero’s secretive nature and its popularity on the Dark Web, and the fact that it somewhat struggles to find any legitimate uses cases might make it one of the most disposed coins currently in the market. However, the fact of the matter is that Monero has gained a considerable amount of community support during 2018. As cryptocurrencies are expected to rise in value and hit the mainstream even more in 2019, so will Monero become a bit more popular which, in turn, will probably make it a somewhat good investment in the following year.
Predicting exactly what 2019 will bring is almost impossible due to the volatile nature of the crypto market. However, focusing on the coins that showed the most promise at the end of 2018 is not at all a bad strategy. In short, if you’re looking for a good investment opportunity for 2019, then the projects listed above should be at the top of your list. Good luck, and have a good new year!