Top 10 cryptocurrencies
Want to know the list of the best cryptocurrency to invest 2018 ? Let us have a brief about cryptocurrency first. A cryptocurrency (or crypto currency) is digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrency is a kind of digital currency, virtual currency or alternative currency. Cryptocurrencies use decentralized control as opposed to centralized electronic money and central banking systems. The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.
Below is the list of best cryptocurrency to invest 2018:
- Bitcoin :
Who hasn’t heard of this digital decentralized currency “Bitcoin”. Bitcoin is the most recognised and the topmost in the list of Top 10 cryptocurrency in the world. Bitcoin is a world-wide digital currency based on the peer to peer technology system wherein transactions are recorded in public distributed ledger referred as block chain.Bitcoins can be traded for goods and services provided the vendors accept bitcoin payments. Bitcoin is and will always be on the top of the list of cryptocurrencies and is surely the best cryptocurrency to invest 2018.
Current Market Price: $6,373.19
The next addition to the list is Ethereum which is a decentralised platform for applications running exactly as being programmed.This is built to run smart contracts and based on a custom build blockchain. There are Ethereum wallets to hold and secure ether, deploy and use smart contracts. Ethereum is an open software platform based on blockchain technology that focuses on running the programming code of any decentralised application (also called as Dapps).
Ethereum’s rise has also been meteoric in the year 2017 and it has grown almost 48x from 10 USD to 480 USD in the year 2017 itself. Ethereum presents itself more like a platform than a currency and with the rise of Dapps, ethereum can emerge to be a really good investment in future. Ethereum changed the concept of digital currencies and is surely another Best cryptocurrency to invest 2018, after Bitcoin.
Current market price: $453.08
Litecoin is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. The coin was inspired by, and in technical details is nearly identical to, Bitcoin. Litecoin is believed to be the fastest and reliable cryptocurrency after bitcoin and is surely the best cryptocurrency to invest 2018.
Current Market Price: $80.37
Dash is an open source peer-to-peer cryptocurrency and decentralized autonomous organization (DAO). It features instant transactions, private transactions and a self-funded, self-governed organizational structure. Dash is a fork of the Bitcoin software and is referred to as an altcoin. Dash has been in the cryptocurrency rules from quite a good time and is surely one of the best cryptocurrency to invest 2018.
Current Market Price: $236.85
Ripple is a transaction protocol for Global Payments. It helps in transmitting the payments internationally at a very low fees. They have esteemed clients like American Express, SBI Holdings, Japan. This helps the investors build confidence in the protocol and that certainly explains it as fourth largest crypto in terms of market cap. Ripple’s Price has been falling down due to FUD happening in the market from quite a long time but 2018 is believed to be a good fortune for ripple which has one of the largest market caps around the world and is surely in the list of the best cryptocurrency to invest 2018.
Current Market Price: $0.4568
- Stellar: Stellar is an open-source protocol for exchanging money using blockchain technology. The platform’s source code is hosted on Github. The Stellar network can quickly exchange government-based currencies with 2 to 5 second processing times. The platform is a distributed ledger maintained by a consensus algorithm, which allows for decentralized control, flexible trust, low latency, and asymptotic security. Stellar is another cryptocurrency which joins our list of the best cryptocurrency to invest 2018.
Current Market Price: $0.1912
Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on privacy and decentralization. Monero uses a public ledger to record transactions while new units are created through a process called mining. Monero aims to improve on existing cryptocurrency design by obscuring sender, recipient and amount of every transaction made as well as making the mining process more egalitarian.
The focus on privacy has attracted illicit use by people interested in evading law enforcement. The egalitarian mining process made it viable to distribute the mining effort opening new funding avenues for both legitimate online publishers and malicious hackers who covertly embed mining code into websites and apps. Monero is largely being used in the dark web and porn site payments nowdays and is on the trend. So Monero is surely on the list of the best cryptocurrency to invest 2018.
Current Market Price: $131.38
Tron (TRX) was actually designed as a monetization tool for a platform for content sharing (TRON protocol) – so, as a tool, it would probably as successful, as that platform it serves. TRON is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem. TRON has been in the cryptocurrency world from a short period of time but even then it has made its place among st the oldest players and so it is on the list of the best cryptocurrency to invest 2018.
Current Market Price: $0.0375
- Bitcoin Cash(BCH) :
Bitcoin Cash is one of the most popular hardforks of the Bitcoin Core. Its the fork that supports Segwit2x i.e higher block sizes. It started with all the investors getting the same amount of BCH as BTC. It had humble beginnings but the month of November saw the price of BCH skyrocket to as much as 1800 USD i.e almost 6x the initial listing price. Its rise had even helped it overtake ETH in terms of market cap. Bitcoin Cash is believed to surpass bitcoin one day as people believe that BCH explains the true meaning of Bitcoin. So BCH or Bitcoin Cash is surely on the list of the best cryptocurrency to invest 2018.
Current Market Price: $733.77
Eos (EOS) is a cryptocurrency project and has the potential to give you awesome return in the future. Eos is focused on the smart contracts aspect of the crypto market, and in this space, it has an edge over some of the more established players. For instance, Eos is highly scalable, an aspect that makes it way better than Ethereum. Based on this competitive advantage, you can expect Eos (EOS) to grow fast. EOS held its Initial Coin Offerig last year receiving the largest number of investment any ICO has ever received. EOS recently launched its alpha product and is believed to rise high this year and so, EOS is the last crypto in our best cryptocurrency to invest 2018 list.
Current Market Price: $8.05