The world of cryptocurrency is not only growing, it’s expanding at a very rapid rate. New cryptocurrencies are entering the market and the competition is getting harder. There are now more than 1,000 different cryptocurrencies to choose from.
It can be overwhelming to keep up with the pace of innovation, especially when it comes to finding great value buys. When looking for undervalued cryptocurrencies to invest in, there are a few key factors that need to be considered before pulling out your wallet. The first is the development team behind a specific coin. Is there a solid team developing the project? What is their background? Are they active on social media? All of this data can help you decide whether or not you want to take the chance on a new coin.
The second factor you want to look at when choosing an undervalued coin is its market cap. If we use Bitcoin as an example, it has a current market cap of 259 billion dollars! Even though Bitcoin has reached record highs this past week, it does not have any signs of slowing down anytime soon.
Let’s take a look at seven cryptocurrencies ready for takeoff in 2018:
Although it’s a tad overpriced, the adage of “buy high, sell higher” is never more true than in the world of cryptocurrency.
The big question is what will be the next big cryptocurrency? As there are hundreds of altcoins and new ones being created every day, it’s becoming increasingly difficult to determine which ones will shoot up in value.
With this in mind, we’ve compiled our personal list of the top 5 cryptocurrencies that we feel are ready to take off like a rocket in 2018.
Here they are:
1. Ripple (XRP)
2. 0x (ZRX)
3. Cardano (ADA)
4. Stellar Lumens (XLM)
5. Power Ledger (POWR)
We’ve all heard stories of people getting rich almost overnight. Some people have been lucky enough to see their investment in Bitcoin rise tenfold in just a few weeks.
But what if you could take that same amount of money and turn it into a small fortune over the next 12 months?
I’m not saying that’s guaranteed, or even likely, but it is possible…
To help you figure out which cryptocurrencies have the potential to do that, we’ve compiled this list of seven. These are ones that we think show a lot of promise for 2018.
Cryptocurrency is a digital currency that uses cryptography to secure and verify transactions. This type of currency is also known as a virtual currency. The first cryptocurrency was Bitcoin, which was created in 2009 and is still the best known.
Since then, numerous cryptocurrencies have been created. These are frequently called altcoins, as a blend of alternative coin.
Some examples of these are Litecoin, Dogecoin and Peercoin.
Cryptocurrencies generally operate independently of government regulation or centralized banking systems. They are decentralized and generally rely on a peer-to-peer network to verify transactions and manage the issuance of new units. They can be exchanged for other currencies, services or products.
One online service for cryptocurrency transactions is Coinbase. This company has more than 10 million customers from all over the world, making it one of the most popular cryptocurrency exchanges available today. It sells bitcoin, litecoin and ether, as well as offering secure storage options for users’ cryptos.
Here’s a list of seven cryptocurrencies that analysts have said may be worth watching in 2018 because they’ve grown in value over the past year and show strong indicators they will continue to do so:
Cryptocurrency is still in its infancy. There are several cryptocurrencies that have the potential to be the best cryptocurrency of 2018, but as we’ve seen with Bitcoin, anything can happen in the world of crypto.
In this article, I will go over 7 cryptocurrencies that I believe have what it takes to be the next big thing in 2018. I have provided some brief information on each coin and my reasoning behind it being a possible top performer. For more information on the coins, please follow the links below.
2018 may just be the year that more people start to look at cryptocurrencies beyond Bitcoin. For those of you who are still unaware of what a cryptocurrency is, it is a decentralized digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency.
As Bitcoin continues to dominate the news and capture the imagination, investors should be aware that there are other cryptocurrencies with great potential that have been overshadowed by Bitcoin’s extraordinary rise in 2017.
1. Ethereum (ETH)
2. Ripple (XRP)
3. Litecoin (LTC)
4. Dash (DASH)
5. Monero (XMR)
6. Zcash (ZEC)
7. Stellar Lumens (XLM)
The top 7 cryptocurrencies are ranked by market capitalization. This metric is useful for comparing the relative size of different crypto-currencies.
Bitcoin remains the largest in 2018, with Ethereum, Ripple and Bitcoin Cash following up behind.
1. Bitcoin: The first cryptocurrency that was created in 2009 by unknown person(s) using the alias Satoshi Nakamoto (source: Wikipedia).
2. Ethereum: Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.
3. Ripple: Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native cryptocurrency called XRP (ripples).
4. Bitcoin Cash: Bitcoin Cash is a cryptocurrency created in August 2017, arising from a fork of Bitcoin Classic.
5. Cardano: Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks