Top 3 Coins to Watch After Halving
The entire community is looking towards the upcoming halving and BTC already showed strong bullish signals last week. Those who have nerves of steel, may simply purchase Bitcoin and wait until the next bullrun to calculate the profits.
However, experienced investors who want to diversify their portfolio may look beyond the most popular cryptocurrency to find some gems in the dust. Today we are going to review 3 undervalued altcoins that have a very good potential for growth in 2020 and can significantly multiply your wealth.
#1. Chainlink
First, we’d like to bring Chainlink to your consideration. If you follow crypto I am sure you’ve heard of them. Chainlink connects smart contracts with real world data, events and payments.
The implementation of smart contracts used to fail often because of a lack of connectivity. A smart contract can’t access data on their own and centralized oracles lead to an unreliable network, since there is only one point of failure.
Chainlink solves this problem. By allowing multiple Chainlinks to evaluate the same data before it becomes a trigger, they eliminate any one point of failure and maintain the overall value of a smart contract that is highly secure, reliable, and trustworthy.
In addition to that chainlink consistently showed relative strength compared to BTC and other crypto’s. On the 1 year chart on cmc you can see a total prices increase of more than 800% within the last 12 months.
Definitely worth keeping an eye on and have a look at their whitepaper!
Explore Chainlink on coinmarketcap:https://coinmarketcap.com/currencies/chainlink/
Website: https://chain.link/
#2. Elitium
Now we would like to switch our attention to Elitium. Elitium is building products that will power a shifting economy, connecting the old world to the new. Their native currency EUM showed incredible strength after the market crash in March and is known for their loyal and wealthy investors due to their background in the wealthy luxury industry.
You can find more details about EUM here: https://coinmarketcap.com/currencies/elitium/
Elitium has been sitting quietly up until recently with its marketing activities staying completely under the radar. But this was not due to the lack of progress in development. On the contrary, the team has been working hard on the implementation of new features saving the communication with the community for later.
Elitium’s latest development is their unique, one-click staking program that offers up to 6.5% rewards to holders of EUM. They claim to have “the simplest staking program in the industry”, you can easily purchase EUM directly with your credit card (or crypto) and start staking with just a few clicks.
In addition to the Elitium ecosystem which grows at a rapid speed, they already announced their upcoming Elitium Crypto Card and recently introduced the Growth Program, which rewards users to help expand the business. Besides that, their luxury experiences app is in final stages of development and they have started testing their new smart contract, which solves inefficiencies in the superyacht industry.
With such great progress, Elitium has great chances to settle itself in the crypto industry and move its price upward with the release of every new product. Although this coin is pretty small, in fact, this is one of the more prominent cryptocurrencies, since they have a sustainable business model and ecosystem that creates value for those who use it.
Explore Elitium’s updated staking program here: www.elitium.io/staking
#3. LTO Network
Launched in early 2019, LTO Network names itself as a hybrid blockchain platform providing the new standard for data security and collaboration. This project targets the B2B sector featuring multiple real-life use cases for its technology implementation such as digital signatures on blockchain, notary procedures and even artwork authenticity.
You can find more details about LTO here: https://coinmarketcap.com/currencies/lto-network/
The news about new partnerships is regularly published on the project’s blog with the biggest one represented by the Dutch Government. With its mainnet launched back in January 2019, the platform follows its roadmap and releases new products according to the schedule. The nearest product Lets Flow should be released quite soon, on March 20th, and should serve as an incentive for the price to go up.
Visit their website: https://www.ltonetwork.com/
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So, these are the three digital coins that have good chances of growth in 2020. Do you have any other hidden gems in mind? Share your thoughts in the comments below!
Please, note that we do not share any financial advice in this article. Always make your own research and think twice before investing in cryptocurrencies.
