The top 10 cryptocurrencies to watch in 2018 are:
1. Bitcoin (BTC)
2. Ripple (XRP)
3. Litecoin (LTC)
4. Ethereum (ETH)
5. Dash (DASH)
6. NEM (XEM)
7. NEO (NEO)
8. Monero (XMR)
9. Iota (MIOTA)
10. Stratis (STRAT)
Bitcoin is up nearly $20,000 in 2017 and one of the biggest reasons has to do with the prospect of a bitcoin ETF. In August, the SEC denied the Winklevoss Bitcoin Trust ETF (NASDAQ:COIN), following a March ruling against another proposed bitcoin ETF. This sparked a sell-off that sent bitcoin down by 20%. But on Dec. 10, the SEC announced that it will issue a ruling on the COIN ETF by March 11, 2018.
This is big news for the cryptocurrency world, because getting approval for an exchange-traded fund would open up bitcoin to many more investors. Consider that when gold was given approval for an ETF in 2004, its price surged from $400 to over $700 per ounce almost overnight.
The price of bitcoin has continued to surge heading into 2018 and there are several factors that could sustain this momentum. In this article we will discuss what these factors are and the top cryptocurrencies you want to watch in 2018.
Even though Bitcoin is the most popular cryptocurrency, it is still considered as a risky investment by many. So, if you are a risk-averse investor and you want to diversify your portfolio, we have compiled a list of the top 10 cryptocurrencies that have the potential to outperform Bitcoin in 2018.
1) Ripple (XRP)
2) Stellar Lumens (XLM)
3) Cardano (ADA)
4) Tron (TRX)
5) NEM (XEM)
6) IOTA (MIOTA)
7) VeChain (VEN)
8) EOS (EOS)
9) NEO (NEO)
10) Monero (XMR).
Bitcoin is the most popular cryptocurrency in the world. But there are actually hundreds of cryptocurrencies out there, and many of them offer interesting use cases. In this blog post, we’ll take a look at 10 of the most exciting cryptocurrencies other than Bitcoin.
Bitcoin has been the buzzword in the financial space. The cryptocurrency, whose price is marked by an extreme volatility, has reported growth of more than 1,700% in 2017. As a result, Bitcoin and cryptocurrencies are attracting more attention from the general public.
Because of the lack of clear regulations and the anonymity behind cryptocurrency transactions, some governments have raised concerns about the use of digital currencies for money laundering and other illegal activities. But this does not seem to slow down the adoption of cryptocurrencies and blockchain technology for other purposes.
According to CoinMarketCap, there are more than 1,500 crypto-currencies as at January 2018. Some crypto-currencies have grown in popularity over time because they have unique features or have gained acceptance among developers and programmers. Here are our favorites:
Ethereum Classic (ETC)
Bitcoin is a decentralized digital currency and uses peer to peer technology to facilitate instant payments. The independent individuals and companies who own the governing computing power and participate in the Bitcoin network, also known as “miners,” are motivated by rewards (the release of new bitcoin) and transaction fees paid in bitcoin. These miners can be thought of as the decentralized authority enforcing the credibility of the Bitcoin network. New bitcoin is being released to the miners at a fixed, but periodically declining rate, such that the total supply of bitcoins approaches 21 million. Currently, there are about 16.4 million bitcoins in circulation with an estimated $8 billion market capitalisation.
Ethereum is a decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference. The applications on ethereum are run on its platform-specific cryptographic token, ether. Ether is like a vehicle for moving around on the ethereum platform and is sought by mostly developers looking to develop and run applications inside ethereum, or now by investors looking to make purchases of other digital currencies using ether. Ether, launched in 2015, is currently the second-largest digital currency by market cap after bitcoin, although it lags behind the dominant cryptocurrency by a significant margin