What will be the top 5 cryptocurrencies on 2020?
It is difficult to understand this digital currencies market. Everyday when you look at this market you see the nature of this market is cyclical.
We know that Bitcoin is the master of this cryptocurrency market and day by day Bitcoin increases it's value.
More than half a decade ago, Bitcoin itself had to endure heavy competition from cryptocurrencies that promised faster transactions. We can ensure that bitcoin always be the first and will be the first in this list.
And next place for Ethereum. Beyond a tradeable cryptocurrency, most of application develpoers use Ethereum for pay their transaction fees and services on the Ethereum network. So it has the next valuable market price in crypto world. Nowadays, a lot of recent and upcoming projects are out to displace Ethereum as the go-to smart contract platform. These include EOS, NEO, Tron, Tezos, Polkadot among many others.
In that list maybe Ripple, Bitcoin cash, Steller Lumens remain their own place like 2019.
3.Ripple(XRP): It is known for it's fast withdraw system in 4/5 seconds.
4.Bitcoin Cash(BCH): Bitcoin Cash was created on August 1, 2017 after a “hard fork” of the Bitcoin blockchain.
5.Steller Lumens(XLM): It is also known for it's fast transaction system.
6.Eos(EOS): Known as "ethereum killer".
From their position it is difficult to say who will take place in top 5.
Thank you.