With the Bitcoin Dominance Continuously setting up Lower Highs and Lower Lows, an Altcoin season is almost confirmed.
I have covered my top Altcoins for 2020 in my previous article HERE.
They were all High-cap Cryptocurrencies.
These projects have a moderate risk to reward profile.
But some of you may want to know projects that have high risk high reward projects.
So in this Article I am going to tell you my top Mid-cap coins for this upcoming Altseason.
1. Ravencoin
Ravencoin is an interesting project that is based on digital assets and the project itself doesn't have any CEO or head and it is mostly driven by the community for all it's actions which makes it considerably Decentralized.
Raven coin is a momentum play and it has had major rallies before leading to huge gains.
So even though it is a good project it's price is mostly momentum driven.
So it has considerable amount of risk involved with it.
2. Enjin Coin
The second spot is grabbed by the Gaming Cryptocurrency, Enjin.Similar to Chain Link, Enjin also had a massive partnership with the Mobile maker SAMSUNG.
The Main reason I am picking this coin is because of it's use case.
The Gaming Industry is very large, to put that into perspective it is larger than both Hollywood and Bollywood combined.
The ideas that the team of Enjin have to integrate it with the gaming industry is completely new.
This makes it a huge competitor.
It had 2 major rallies similar to RVN and is now setting up for another one.
So it also has considerable amount of risk involved with it.
3.Steem
Similar to Basic Attention Token steem is also an cryptocurrency that has a proper use case.
Steem currently has various platforms built on it like STEEMIT THREESPEAK DTUBE and various other social media platforms.
Steem can very probably become the blockchain platform where everyone build their Social Media Websites.
Steem is definitely a project to look into.
But it has some risk attached to it because it has gained attention of investors for so along.
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I personally think an alt season is not possible without a good surge in BTC price. Bitcoin is likely to maintain its dominance for the coming years. However it's possible some alt coins might outperform BTC in gains during the next bull run.
By Alt season I don't say something similar to 2017-2018 alt season. It will be only for few good projects because the market is maturing
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