Top cheap Crypto Currencies and where to buy them in Jun 2017

in #cryptoctopus7 years ago

Myself, a small trader and a crypto currency Enthusiast wants to express and my findings about the coins that could to the moon by the end of the year.

The Current bitcoin and ETH boom is making everybody crazy. Believe me within the last month many people have become millionaires, Bitcoin is still going up and about to reach 3000$. But, if you feel you missed the flight don't be dis heartened , the following crpytos might just save your day.

DigiByte

DigiByte uses five independent mining algorithms to process transactions over the network. Each algorithm accounts for about 20% of all blocks discovered on the network. This allows for greater decentralization as currently three of the five DigiByte algorithms are ASIC resistant and much better for GPU miners. The best GPU algorithms to mine on are Skein, Groestl and Qubit. It is still possible (but not recommended) to mine all five algorithms with a CPU.

SHA256 is heavily dominated by used Bitcoin ASICS as DigiByte provides an attractive market to miners who can no longer competitively mine Bitcoin with their used ASICS. Scrypt is now becoming more dominated by ASICs, however it is still possible to GPU mine a few DigiBytes each day.

Recently, DigiByte had spike after its mineCraft integration and certainly looks like the gaming industry is loving them.
On the 9th of June, 2017, DigiByte Holdings LTD will make a presentation called “DiguSign” for Citibank. This will take place at once of several Citibank events under the umbrella event “Tech For Integrity Challenge” (T4I). Strategic partners include IBM, Microsoft, Facebook, LTP, PWC, Clifford Chance, and MasterCard. This could further increase the price of DGB.

Current Price: $0.051687 OR 0.00001772 BTC

Where to Buy : https://coinmarketcap.com/currencies/digibyte/#markets
chart (2).png

Ripple (XRP)

Ripple is the name for both a digital currency (XRP) and an open payment network within which that currency is transferred. It is a distributed, open-source payments system that’s still in beta. The goal of the ripple system, according to its website, is to enable people to break free of the “walled gardens” of financial networks – ie, credit cards, banks, PayPal and other institutions that restrict access with fees, charges for currency exchanges and processing delays.( as per coindesk).

Ripple has huge potential in the future. More than 70 banks have already started Using ripple. The important thing to be aware of this coin is that 60 billion coin are kept by the company ripple for future use and therefore 37 billion coins are in circulation. This could lead to a major downfall if the decide to dump them all in the market. As of today the future is optimistic.

Current Price: $0.293042 OR 0.00010048 BTC

Where to buy them: https://coinmarketcap.com/currencies/ripple/#markets
chart (1).png

Golem

The Golem Network is an accessible-to-everyone, distributed, supercomputer that reduces costs (sometimes by over 10x) of scientific research, big data analysis, graphics rendering, machine learning, AI… just about anything that requires heavy computational power. Those why buy computational power off the Golem Network are called Requesters.
All while bringing CPU cycles into the sharing economy so anyone with a computer can rent their computing power out on the Golem Network and make an automated income. These people are called Providers.
It also provides software developers and owners of software (including microservices & dApps) a decentralized medium for distributing and monetizing their software. Software hosted on the Golem network will never experience downtime, cannot be DDoS’d, and will usually be cheaper than running your own servers.

The price should be in the range of 5-10k satoshi considering the development of the project. It is overvalued for the meantime as project was just started. But I wouldn't be surprised if price will reach 8k this month. All depends on the movement of Bitcoin price.

Current Price : $0.524176 OR 0.00018070 BTC

Where to Buy them : https://coinmarketcap.com/assets/golem-network-tokens/#markets
chart.png
Some of the content is taken other sources such as wiki and reddit pages. This 3 coins in my view has some good potential to grow in near future. I hope it was helpfull.

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