Altcoin to invest in august 2020

Which investments in crypto will provide returns similar to Bitcoin or Ethereum? Word doing the rounds is that Ripple could be the technology that Visa and Western Union use. Join our newsletter and be the first to know! What about XYO?

Coins price prediction: Stellar lumens price prediction in 2018 and 2020

Altcoins are currently entering an accumulation period that is expected to last until As reported by Moon Overlord on a series of Tweets uploaded on Altcoin to invest in august 2020 6, he said that the market is currently entering a new accumulation period for altcoins that is expected to altcoin to invest in august 2020 until At the moment, the altcoin market seems to be entering a key consolidation period that would end up in a new bull run for altcoins in According to data provided by CoinMarketCap, Bitcoin has reached the alcoin market dominance since the beginning of with several virtual currencies falling in terms of BTC. There are just some few altcoins that were able to surge altccoin than Bitcoin during this year among the top Litecoin is also expected to keep growing in the near future due to the halving event that it will be experiencing in August this year. Bitcoin is also going to be experiencing a halving event in

From cross-blockchain transfers to a banking competitor cryptocurrency that targets over 2 billion users

By shalinimittal , December 18 in Marketplace. Cryptocurrency has changed the way people make investments. But, before you invest in cryptocurrencies, you should know that the crypto market is still very volatile, as the demand-supply scale is hardly in balance and most of the governments around the world still seem reluctant to accept them as an authentic form of currency. On the contrary, crypto investments have yielded some of the biggest returns in the last few years, and the trend is only going to get better in the coming year, if the statistics are to be believed. If you are planning to invest in crypto this year, here are the top 6 high-potential cryptocurrencies you should look into. Titan coin is a digital payment currency that aims to make global digital money transfer easy, secure and affordable for everyone. One of the best things about titan coin is the presence of extensive use cases in the form of a number of titan projects or applications, which makes it one of the best coins to invest in now.

‘The Next Bitcoin?’ Top 5 Cryptocurrencies That Will Outperform in 2020

Litecoin is one of the major parts of the cryptocurrency industry. The coin is active for over 7 years now and managed to be successful for the most part of this period.

However, recent market fluctuations strongly damaged the price of Litecoin. Still, it looks like the recent drops of the price made the coin a perfect asset to invest in and gain profit from in the following year.

Litecoin is one of the first Bitcoin forks. It was developed by Charlie Lee and initially presented as an open-source code via GitHub on October 7, The coin was designed as a more fast and scalable alternative to Bitcoin.

The coin is very similar to its predecessor but has a number of significant differences. You can find more info on Litecoin on BitcoinWiki.

The developers of the Litecoin Foundation immediately published two proposals for improving the protocol LIP and LIPwhich provide for the integration of MimbleWimble technology to ensure transaction privacy.

If accepted, sponsored by Andrew Young, David Burkett, and Charlie Lee, users will be able to use the new confidential transaction format through expansion units, which will be released simultaneously with the main units. It is assumed that the update will be activated a year after the release date. The coin was fast to get the attention of the small but growing cryptocurrency community of the time.

However, after its launch on October 8,its price remained to be quite low with an average value of around 3 USD. The first price peak in the LTC price history happened in Novemberwhen its value almost doubled within one day and ultimately reached the price of 50 USD per coin on November Despite its established position in the industry, the coin was affected by the overall descending dynamic of the market. However, it looks like the coin managed to find a stable position.

LTC price even increased during the period from December, 8 to January, The first half of the year Litecoin has a bullish trend. The reason for this price increase was the upcoming halving, which took place on August 5.

People believed that price should go up after halving, so they bought a lot of LTC coins, thereby raising the price themselves. That is what happened.

Well, there is not actually any technical analysis expertise of Litecoin cryptocurrency. Litecoin is still a good investment. Litecoin will not lose its relevance over the next years, and its value next year can grow from dollars to dollars. Such a forecast promises a good profit for those who have already invested in LTC cryptocurrency or plan to buy cryptocurrency in the near future before the rate has not yet begun to grow actively.

Litecoin price will increase according to DigitalCoinPrice. In the long run, Litecoin is gaining momentum again, but it is unlikely to catch up with Altcoin to invest in august 2020. In Decemberthe Litecoin rate will drop. According to the TradingBeasts source, the coin will repeat the success of this year and go over the mark of one hundred dollars only in Our forecast for Litecoin price is primary bullish. The coin definitely will not lose its popularity and will not leave the first lines of the cryptocurrency rating.

If the Bitcoin network encounters further difficulties, because the existing problem of scaling has not yet been completely resolved, a Litecoin may well expect even more rapid growth. All of the exact numbers can be quite controversial, as Charlie Lee, the founder of Litecoin once said:.

Sure, no one knows. But price predictions are stupid because no one knows. Just wishful thinking. Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. While price analysis is a useful tool, it should not be considered predictive for the future performance of any investment vehicle.

Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment. Website personnel and the author of this article may have holdings in the above-mentioned cryptocurrencies.

It took two weeks…. Monero XMR is a beloved coin within the cryptocurrency community. Privacy features, ASIC-resistance, anonymity, and…. Your email address will not be published. Charlie Lee. Related Posts. Could we say that for low investmentand long term, is LTC is a good choice? Leave a Reply Cancel reply Your email address will not be published. Get a free page crypto crash course right in your email inbox!

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We value your privacy, your email address is safe with us. Price has broken out of this range with some conviction, forming new support at the range resistance of 70 satoshis. OMG are targeting both individuals alfcoin Electronic Payment Providers which gives the cryptocurrency a massive room for adoption. It operates within the Big Data sector of the market, with aims of making high-volume data exchange trustless, inexpensive and secure, allowing for businesses to both monetise these data streams and drastically improve the efficiency of data transfers. This will allow for cross-blockchain transfers of digital assets, a feat that has not yet been tackled by any cryptocurrency. Altcoin to invest in august 2020, I have provided an introduction to each of these cryptocurrencies, as well as an overview of their fundamentals, their price-histories and given a tongue-in-cheek prediction in the conclusion.