The 5 Best Cryptocurrencies of 2019
Another year has gone by – and in the cryptocurrency space, that means 365 days of trading opportunities have come and gone. Thankfully, next year we get to do it all again, but before getting ahead of ourselves, let’s take the year in review by checking out the 5 best coins of 2019.
- Chainlink ($LINK)
In no uncertain terms, Chainlink has enjoyed a breakout year. Having propelled itself from the lower reaches of the top 100 market cap and well into the top 20, $LINK shows no signs of slowing down.
The project’s year has been capped by partnerships with the likes of Google, Oracle, and a plethora of crypto projects including Tezos. Add in premiere listings on Coinbase and Huobi, and you’ve got a recipe for rocket fuel.
To that end, $LINK soared nearly 20x against USD this year, reaping incredible rewards for those who sold the top.
2. Enjin Coin ($ENJ)
Chainlink isn’t the only project to land incredible partnerships this year. Enjin has also put in a phenomenal performance from the fundamental side, snagging partnerships with Samsung and Microsoft.
Earlier this year, after announcing the Samsung handshake, $ENJ bounced 7x against USD, essentially turning small buys into pots of gold. After retracing over the course of a lackluster summer, $ENJ picked up again on the strength of a new partnership with Microsoft.
Partnerships with two of the world’s largest technology companies show that the Enjin team is making all the right moves behind the scenes. If 2019 is only the beginning, then we can’t wait to see what 2020 has in store.
3. Huobi Token ($HT)
Huobi token lay dormant for nearly all of 2018 and most of 2019 until, finally, the market realized it was a diamond in the rough. As one of the top three largest cryptocurrency exchanges in the world, how was it that $HT sat on the backburner collecting dust?
Strange as that may seem now, only months ago it was so. Today, Huobi Token enjoys its plays in the top–20 tokens by market cap, but it didn’t get through by force. Instead, $HT has steadily plied its way to the top, taking gains bit by bit without slipping backward.
At one point, $HT reached a 4x against USD before backing off, though it looks primed for a strong new year.
4. Matic Network ($MATIC)
What a difference a month makes. After a very turbulent market opening, $MATIC dumped to lows that made some doubt the strength of Binance’s IEO effect.
However, since mid-November, the second-layer scaling solution has been on an absolute tear, tripling in price. Where will it stop?
5. Bitcoin ($BTC)
You had to know this was coming. Bitcoin is, after all, still the king, and has performed admirably this year. After an awful 2018, $BTC started swinging in the spring, going from $3K to nearly $14K without stopping.
Prices have backed off for now, but $BTC has shown several signs of reviving the engines again. With the Bitcoin halving happening in May 2020, it’s anyone’s guess how high $BTC can go on the next run.