What's the best cryptocurrency to buy in 2018?

in #cryptocurrency6 years ago

Narrowing down the best cryptocurrency to buy in 2018 depends on how deep into crypto roster you're willing to go.
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Investing in cryptocurrency is already a highly risk proposition-any one of them could quickly collapse to zero- but the more established cryptocurrencies such as Bitcoin,Ethereum and Ripple are somewhat less risky.
And while these better-known cryptocurrencies are expected to rise significantly in 2018, they aren't likely to deliver the kind of percentage gains they delivered in 2017. Bitcoin rise 1,318% last year. Ethereum 9,162% and Ripple a stunning 36,018%.

But some of the newer cryptocurrencies could achieve similarly monster gains, particularly those that trade for relatively low prices(in many cases under $1).Plus, it's wise to diversify your crypto holdings just in case one does suffer an epic collapse.

So here's Top 10 cryptocurrencies for this year.

BITCOIN(BTC)
2016-01-15-image-5.jpg

Year launched:2009
Feb.22 price:$10,100
Market cap:$169.7billion(Rank:1)
Monthly volume in U.S dollars: $250.9billion (Rank:1)

Where to trade it: Bitfinex, GDAX, Bitstamp, Kraken, Bittrex, Binance, Gemini, Poloniex

Key Feature: As the first cryptocurrency , Bitcoin has the most secure network and the best-known "Brand"

ETHEREUM(ETH)
ethereum.jpg

Year launched:2015

Feb.22 price:$810

Market cap: $79.2billion (Rank:2)

Monthly volume in u.S dollars: $100.6 billion (Rank:2)

Where to trade it: Bitfinex, GDAX, Bitstamp, Kraken, Bittrex, Binance, Gemini, Poloniex

Key feature: Ethereum is turning complete ,which means it can function as one giant global computer.

RIPPLE (XRP)
ripple 1.jpg

Year launched:2012

Feb.22 price: $0.937

Market cap :$36.55 billion (Rank:3)

Monthly volume in U.S dollars : $42.9 billion (Rank:4)

Where to trade it: Bitfinex, GDAX, Bitstamp, Kraken, Bittrex, Binance, Gemini, Poloniex

Key feature: Ripple offers bank a way to settle cross-border payments in real time.

LITECOIN (LTC)
litecoin.jpg

Year launched:2011

Feb.22 price:$197.3

Market cap: $10.9 billion (Rank-5)

Monthly volume in U.S dollars: $24.38 billion (Rank:5)

Where to buy/trade it: Bitfinex, GDAX, Bitstamp, Kraken, Bittrex, Binance, Gemini, Poloniex

Key feature: Litecoin is an adaptation of Bitcoin's code base but designed for faster payments,higher transaction capacity and near-zero fees.

MONERO (XMR)
monero.jpg

Year launched:2014

Feb.22 price:$286

Market cap:$ 405 billion (Rank-11)

Monthly volume in U.S dollars :$ 2.33 billion ( rank:24)

Where to trade it: Bitfinex, GDAX, Bitstamp, Kraken, Bittrex, Binance, Gemini, Poloniex

Key features: Monero was specifically created to facilitate untraceable, truly anonymous transactions.

NEO (NEO)
neo.jpg

Year launhed:2014

Feb.22 price:$115

Market cap:$7.47 billion (Rank-7)

Monthly volume in U.S dollars :$9.67 billion ( rank:10)

Where to trade it: Bitfinex,Bittrex, Binance,

Key feature: Like ethereum, china-based Neo is turning complete, whicg means it can run smart contracts and Dapps. but it also has a built-in identity feature that enables new uses while making the cryptocurrency more appealing to an authoritarian chinese government uncomfortable with anonymous transactions.

STELLAR (XLM)
stellar.jpg

Year launched:2014

Feb.22 price:$0.3667

Market cap:$6.77 billion (Rank:8)

Monthly volume in U.S dollars :$ 6.42 billion (Rank:14)

Where to trade it: Kraken, Bittrex, Binance,Poloniex

Key features: Stellar's transactions close in seconds at fractions of a penny, and the network allows users to convert fiat currencies , such as euros to U.S dollars.

NEM (NEM)
nem.jpg

Year launched:2015

Feb.22 price: $0.418

Market cap: $3.76 billion (Rank:13)

Monthly volume in U.S dollars :$1.99 billion (Rank:28)

Where to trade it: Bittrex, poloniex

Key features: Not only is NEM designed for scale and speed, it's " smart Asset System" is customizable, making it easier for developers to adapt it to multiple uses.

IOTA (MIOTA)
iota.jpg

Year launched:2017

Feb.22 price: $1.61

Market cap:$4.47 billion (Rank:12)

Monthly volume in U.S dollars: $1075 billion ( Rank:31)

Where to trade it: Bitfinex, Binance

Key feature: The German-Based IOTA is the rare cryptocurrency that dispenses with the blockchain, opting instead for a Technology called"TANGLE". To conduct a transaction on the IOTA network, a device first needs to verify two randomly chosen existing transactions. Thus the cost of making an IOTA transaction is near zero and actually reduces with scale.

CARDANO (ADA)
cardano.jpg

Year launched:2017

Feb.22 price:$0.3347

Market cap:$8.67 billion (Rank:6)

Monthly volume in U.S dollars: $15.1 billion (Rank:8)

Where to trade it: Bittrex, Binance

Key features: Cardano is third-generation cryptocurrency. it has a roboust proof-of-stake system to verify transactions and stores data associated with a transaction in a seperate layer of code. it's also designed to combine privacy with regulation. These features make Cardano faster, more efficient and capable of handling more sophisticated transactions than Bitcoin and other cryptocurrencies.

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