1. Ripple (XRP)
A leading altcoin positioned for potentially big gains in 2020 is Ripple.
Ripple is a company that leverages blockchain technology to enable banks, payment providers, digital asset exchanges and corporations to send money worldwide, usually using the company’s cryptocurrency, XRP.
XRP is a cryptocurrency that is gaining wide acceptance, thanks to the various technologies rolled out by Ripple. An increasing number of traditional banks across the globe are using XRP and its technologies for faster, cheaper and easier cross-border transactions.
Besides, financial institutions such as MoneyGram, Azimo, Hanpass, WireBarley, and others are already using XRP and Ripple technologies. The number of large organizations adopting the coin to their operations is set to increase this year. With growing mainstream usage of the cryptocurrency, the price could spike over the coming months.
2. Basic Attention Token (BAT)
The core idea behind BAT is pretty simple. The digital advertising model is broken, in that user and advertiser incentives are not aligned. Instead, they run opposite one another. That is, advertisers want users to watch their ads, while consumers want to skip the ads.
The idea of BAT is to realign the incentive structure in the digital ad network so that user and advertiser incentives match one another.
To do this, users get paid Basic Attention Tokens to watch ads in the Brave browser, so that they are now financially incentivized to watch the ad. The end goal is that more consumers watch ads, and advertisers sell more product/generate more brand awareness.
3. ChainLink (LINK)
LINK has seen astonishing price action lately. In fact, LINK was the best performing crypto of 2019 and one of the biggest gainers in the bullish action at the start of 2020. Its price soared by over 187% at one point.
It’s not only price action that makes LINK worth keeping an eye on. Its moves toward becoming blockchain agnostic and recent integration with its first non-ethereum blockchain Polkadot are boosting its efforts in the DeFi momentum.
LINK has been causing a stir on Crypto Twitter but hasn’t yet hit the mainstream press all that much. This makes it a crypto to watch this year as its price is undervalued right now.