2019 Digital Market: Top 6 Most Stable Cryptos of the year

2019 Digital Market: Top 6 Most Stable Cryptos of the year

2019 was truly a tough year for some digital currencies. Since the start of 2019, the crypto market has faced an insane amount of financial volatility. We became unfortunate witnesses of a handful of cryptocurrencies falling into the pits of oblivion, as well as some marvelously rising to the top. A few cryptocurrencies maintained a strong financial standing.

Let’s briefly overview all the cryptos that we’re able to stand their ground during the whole year.

Binance Coin

Binance Coin, also known as BNB, is a token that can be used for trading purposes. Also, it is best for the facilitation of various fee-related payments. Moreover, Binance provides BNB holders with various incentives and discounts. It was released onto the market in 2017.

Since the start of 2019, the overall value of the BNB/USD pair has significantly increased by over 140%.

Litecoin

Since the start of the year, The value of the LTC/USD trading pair has increased by around 40%. If you’ve never heard, Litecoin is a top 10 cryptocurrency that mainly serves as a more resource-friendly version of Bitcoin.

Basic Attention Token

Basic Attention Token (BAT) is a digital currency used in a specific internet browser – Brave. This, blockchain-based internet browser rewards its user with BAT tokens for watching ads or following a link, etc.  BAT started the year trading at around 0.13 USD.  Ever since then, it has grown, and throughout 2019, BAT’s value increased by 35%.

Cosmos

Cosmos (ATOM) is a decentralized network that consists of various blockchains. The platform has gained a lot of attention in 2019, ever since ATOM became more popular in the crypto market. The currency is selling well over 4.20 USD.

Tezos

Tezos (XTZ) is a decentralized computing platform. It mainly uses a formal verification protocol.  XTZ holders who stake their tokens can receive additional tokens as an incentive for verifying and creating blocks. The value of the XTZ/USD trading pair has sky-rocketed up to 190%.  A single token is currently trading for $1.51.

 

Ether

ETH is a widely recognized crypto.  At the start of the year, Ether was trading for 116 USD. The currency has a digital protocol that helps facilitate, verify, and enforce a contract whose terms have been predetermined. Ethereum ecosystem, which is unique, also allows for the issuance of ERC-20 tokens.

Since late November, Ether has been trading steadily between 130 USD and 150 USD.

 

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