If 2017 was the year of cryptocurrencies rise, 2018 will be the year of wider global acceptance of cryptocurrencies in our lives. Although we have seen unprecedented bull run in all top cryptocurrencies, 2018 seems to be even better for digital currencies. You might have already read countless stories of Cryptocurrencies Millionaires. As more and more new investors enter market space that means higher valuation of all major cryptocurrencies which will further propel the engine of innovation and new blockchain use cases. For our readers we note down below the top 10 currencies of 2018 which we believe will make global headlines.
1. Bitcoin (BTC)
No one would have imagined in their wildest dreams the unstoppable rally of Bitcoin. Boasting as the first real cryptocurrency, it was created in 2009 by a pseudonym named Satoshi Nakamato who is currently the 44th richest person in the world. Bitcoin started 2017 with a price tag of $999 and is currently hovering around $20,000, which is a phenomenal rise. It is a dream currency for millions of investors and we strongly hope it will continue its course for all of 2018.
Bitcoin marketcap stands at whopping $322 billion which is bigger than many major US multinationals. As of today’s price Bitcoin valuation is more than Walmart ($288.2 billion) and Bank of America ($298.7 billion) and almost one third the value of most valuable company on planet i.e. Apple. Some experts believe Bitcoin price follows Moore’s law and will double every 18 months. Moore’s law is often used to predict transistor density or computing power in the field of semiconductor technology and in general can be applied to any digital technology. Another interesting thing about Bitcoin is that it comfortably seems to capture more than 50% market share of all cryptocurrencies total marketcap. Watch out for Bitcoin if you want to make some solid investment gains. You can further click here to see worldwide Bitcoin search trends.
2. Ethereum (ETH)
Similar to Bitcoin, Ethereum is a well established and well respected cryptocurrency with a wide investor base and passionate following. Ethereum was proposed by a young and dynamic cryptocurrency programmer Vitalik Buterin in 2013, who lives in Canada. Ether has shown phenomenal rise and gained massive 8858.2% since the beginning of 2017. Unlike Bitcoin, Ethereum provides platform for smart contracts and decentralized applications (Dapps).
Currently, Ethereum stands at rank #2 with a total market capitalization of $70 billion. We believe Ether is much undervalued cryptocurrency compared to Bitcoin and has a long way to go. Unlike Bitcoin, it has much more use-cases and solutions for the world and has great potential to reach $2000+ during 2018. If you are curious about Ethereum popularity you can click here to see worldwide Ethereum search trends.
3. Ripple (XRP)
Ripple is poised to change the speed and ease with which you can perform global payments. According to Ripple website they connect banks, payment providers, digital asset exchanges and corporates via RippleNet to provide a frictionless experience to send money globally. They already boast of 100+ established customers in the field of finance with big names like American Express, Standard Chartard, RBC, UBS which makes ripple one of the most stable and strongest player in the field of cryptocurrencies. Ripple still seems undervalued compared to its true potential. We have high hopes from ripple and can easily see price target in the range of $3+ in 2018. You can further click here to see worldwide Ripple search trends.
4. Litecoin (LTC)
Litecoin was created on October 7, 2011 by Charlie Lee who was a former Google employee. If Bitcoin is cryptocurrencies Gold then Litecoin is sometimes termed as digital currencies Silver. Similar to Bitcoin, Litecoin is also a peer to peer digital currency but boasts of much faster transaction speed and lower costs. Litecoin has strong fan following and wide investor base and has risen by massive 8401.36% in 2017, which is an exceptional return of investment by any standards. We believe Litecoin will not disappoint us in 2018 and might see it in the range of $500+. You can further click here to see worldwide Litecoin search trends.
5. Vertcoin (VTC)
Vertcoin is another eye popping coin which has put an amazing stellar show in the last few months by becoming one of the hottest cryptocurrency. It features some of the best functionalities in the cryptocurrency world for example, it is ASIC resistant which means it is a decentralized currency in the truest sense unlike Bitcoin, which is mined mostly by big ASIC companies. It also has segwit activation, stealth addresses and lightning network feature. Vertcoin reached a major milestone when recently Litecoin and Vertcoin successfully demonstrated atomic swaps. In the long run Vertcoin seems to be one of the strongest player in the crypto world so we recommend to keep it in your thoughts.
6. Qtum (QTM)
Qtum is a blockchain based crypocurrency which can execute smart contracts and decentralized applications (dapps) similar to Ethereum. It uses proof of consensus model for transaction confirmation and is much more practical for business adoption. One of the biggest advantage of Qtum is their talented and diverse team. One of the founder, Patrick Dai has previously worked in Alibaba and can potentially use his network and resources to expand his cryptocurrency reach in a massive market like China, thus immensely raising prospects of Qtum success. Qtum seems to promise a great return of investment (ROI) in 2018.
7. Iota (MIOTA)
Iota provides blockchain solution for internet of things where every technological resource can be used as a potential service which can then be traded on an open market in real time, with zero fees. In Dec, Microsoft announced partnership with Iota which caused Iota price to shoot from $0.3 to $5, a whopping 1666% increase in a matter of days but fell back to 4.1 when it was clarified that there was a misunderstanding as Microsoft is only a marketplace participant. Irrespective of recent price drop from all-time highs Iota has a huge potential to go further north.
8. OmiseGo (OMG)
OmiseGO is an Ethereum-based financial technology which can be used in mainstream digital wallets that enables real-time, peer-to-peer value exchange and payment services across organizations, and across both fiat money and decentralized currencies. Omisego is one of the three blockchain projects advised by Vitalik Buterin which makes it a strong candidate for success and great return of investment in the future. For the long run its definitely a great asset to serve your digital wallet.
9. EOS (EOS)
EOS introduces a new blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. This has huge potential in the future as it will enable new use cases and applications in the crypto space. A lot of crypto experts are very passionate about EOS and no surprise that EOS currently ranks #13 with a market cap of $4.3 billion. EOS also has a ridiculously long 341 days ICO campaign which started in June 26, 2017 and still going on so you can still buy EOS tokens.
10. Kyber Network (KNC)
Kyber network is creating a decentralized exchange a.k.a. DEX which will allow instantaneous on-chain transactions with guaranteed liquidity. We see immense potential for DEX apps as centralized exchanges will have tough time surviving in the future. DEX means user funds will be stored in their personal digital wallets and can be transferred to any other user instantaneously using DEX platform. It is currently using Ethereum network but have plans to support cross-chain trades in the future. This is the second blockchain project advised by none other than Vitalik Buterin, so it brings a lot of expertise and experience to their team. Kyber network is hovering around $2 and can go as high as $20 in 2018. So, take out your binoculars and keep a close watch.
Disclaimer: Cryptocurrencies investments are full of speculative and market risks. This article is only for information purposes and not an investment advice. Please conduct your own thorough research before investing. For any questions reach us at: email@example.com
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