12 Best cryptocurrency to invest in – Popular cryptocurrencies 2018
The world of cryptocurrency is moving really fast. Cryptocurrency as an investment option seems to be rising exponentially. Well, the numbers certainly are.
Of late, the popular cryptocurrencies has been attracting as many crypto traders and investors as gold, penny stocks or real estate, if not more.
12 Best cryptocurrency to invest in – Popular cryptocurrencies 2018
1. Cardano coin
Cardano is an open source smart contracts platform launched in 2015.
Cardano is similar to Ethereum coin, with a focus on security through a layered architecture.
Like Ethereum Cardano will feature the ability to create Dapps and code the smart the economy in the prevailing technological world.
It’s the first blockchain project to be created from scientific philosophy and built on a research-driven approach. Cardano is home to the Ada (an altcoin), which can be used to send and receive digital funds.
This digital cash represents the future of money, making possible fast, direct transfers that are guaranteed to be secure through the use of cryptography.
“Basically, Cardano is a technological platform that will be capable of running financial applications currently used every day by individual organizations and governments all around the world” that’s how Cardano is described on its website
Cardano is ninth most tradeable cryptocurrency with a market cap of $2,606,816,061.00 and priced 0.15$ to 0.25$. Cardano has shown rapid growth in the last six months outperforming many popular cryptocurrencies like Dash, Monero, and more. Cardano has total availability of 25,927,070,538.00 ADA
Cardano coin is the first popular cryptocurrency to invest in 2018.
Because of its advanced blockchain technology & its acceptance by cryptocurrency world makes it one of the best cryptocurrency to invest in 2018. You can expect a high return in 2 to 3 years.
I had bought $200 Cardano coin at the price $0.78. Hopefully, It will yield a high return
Watch an overview of Cardano blockchain project explained by Charles Hoskinson
All credit to Charles Hoskinson
Ethereum is second tradeable cryptocurrency after Bitcoin on the live altcoins price market and undoubtedly one of the promising and popular cryptocurrencies to invest in 2018.
It has shown impressive growth rates in the year 2017, proving itself as a game changer and a rival to Bitcoin.
Although Ethereum operates publicly like Bitcoin, it comes with some features of its own.
Created by 19-year-old Vitalik Buterin in 2015, Ethereum is a decentralized software platform that enables smart contracts and Distributed Applications (ĐApps) to be built and run without any downtime, fraud, control or interference from a third party.
The biggest difference between Bitcoin crypto and Ethereum crypto is the use of blockchain technology. While Bitcoin’s blockchain technology records contracts, showing how digital funds have moved from one place to another, Etherum has expanded this concept.
The Ethereum blockchain technology uses a far more complex scripting language, and its smart contracts can form complex applications that have a broad range of potential uses.
Due to the Ethereum features and its potential to change the world forever, it has caught everyone’s attention including corporations like Microsoft, Mastercard, BP, National Bank of Canada, Intel, Samsung, Toyota, Cisco, and other market giants.
In 2016, an Ethereum-based VC known as The DAO amassed a huge amount of ether in a crowd sale, just to have almost a third stolen by a hacker. The event shook the online community, leading to a huge price drop.
Following the attack on the DAO in 2016, Ethereum was split into Ethereum (ETH) and Ethereum Classic (ETC). But Ethereum price is stable since then maintaining good growth rate.
Some experts even predict within 5 years Ethereum price will surpass the price of Bitcoin.
Ethereum is a veteran and stable cryptocurrency and it is not going anywhere. In fact, its utility will keep increasing. There is no doubt its price will double within 2 years. Ethereum can be considered the safest cryptocurrency to invest in 2018.
Litecoin was launched on 13 October 2011, founded by Charles Lee, ranked second on the list of best cryptocurrency to invest in 2018.
Litecoin was among the initial cryptocurrencies following Bitcoin and was often referred to as ‘silver to Bitcoin’s gold.’
It’s also an open source pear-to-pear digital currency the same as Bitcoin and works on its own blockchain technology. Which has a faster block generation rate hence offers a fast transaction confirmation in comparison to Bitcoin?
In short, the Litecoin network has virtually zero commissions and allows you to send and receive payments at a rate 5 times faster than Bitcoin.
The trend of Litecoin has always followed the Bitcoin. For quite some time, Litecoin was nothing more than a distant competitor for Bitcoin. Though it was far less valuable, it was still there as a potential alternative.
The breakthrough came in in May 2017 when the world’s one of the best cryptocurrency exchange called “CoinBase” started to use Litecoin alongside Ethereum and Bitcoin.
Additionally, the popular cryptocurrency has also adopted “Segregated Witness” blockchain technology which fixes problems that Bitcoin has yet to solve.
The solution adds more capacity to the network and reduces transaction fees. Litecoin is the second most accepted cryptocurrency on websites that accept digital currency payments.
Litecoin could truly be a viable alternative to Bitcoin in the coming Years.
The market cap of Litecoin is $4,575,892,003.00 with a price around $80 to $100 for 1 Litecoin.
Litecoin without a doubt is one of the promising and popular cryptocurrency to invest in 2018.
Note – Litecoin is a serious contender to Bitcoin. After all my research I concluded Litecoin is the best cryptocurrency to invest now. It is a must buy cryptocurrency if you are seriously planning to invest in cryptocurrency for long-term. “Take my words” it will pay real dividends in the coming years.
Watch the video to get an overview of the litecoin (source – Litecoin.com)
Ripple is a real-time gross settlement system network by Ripple software company.
The Ripple network was launched in 2012, by Chris Larsen and Jed McCaleb, founder of the OpenCoin company.
First, let me make a clear distinction between Ripple and XRP (commonly referred as Ripple coin)
There is a lot of confusion about both these terms in cryptocurrency community
Ripple is a software company which provides a real-time gross settlement system for global payments. Ripple network is the payment network system offered by the Ripple.
On the other hand, XRP (also commonly referred as Ripple XRP, Ripple XRP coin, and Ripple coin) is the native cryptocurrency launched by Ripple labs and works on the Ripple payment network.
whenever we talk about Ripple coin it technically means XRP token
Although, Ripple works on blockchain technology XRP token is completely different than Bitcoin. As Bitcoin was born with the aim of completely bypassing banks and financial institutions for the transaction.
Ripple coin is born with the precise purpose i.e. “working with banks to change the way they send money to the world” as stated on their website.
It is a Centralised and pre-mined currency. Currently, Ripple is the third most tradeable cryptocurrency after Bitcoin and Ethereum on cryptocurrency exchanges.
Companies like UniCredit, Santander and hundreds of financial institutions (such as Bank of America, Bank of England, and the Bank of Japan) have implemented the Ripple network into their system.
Meanwhile, XRP live price is $0.333437 with a market cap of $13.22 B
If you are ready to invest for long-term even for few months. Ripple coin can yield very high returns because of it’s high utility.
Remember there is a finite number of XRP token (100 B) in which 60 Billion XRP holds by the Ripple net.
Last year Ripple overall annual growth was staggering 3800 %. If you have invested $100 at the starting of 2017 you could have ended up with $3600 in your wallet.
Realistically, Ripple coin price will not stay $0.4 to $0.6 for long it will burst.
It’s not a matter of “if,” it’s a matter of when.
One thing I can conclude for sure Ripple coin will create new crypto millionaires
Watch the video to get an overview of Ripple (source – ripple.com)
Source – (ripple.com)
5. Bitcoin Cash
In August 2017, the Bitcoin blockchain spun off a more nimble iteration called Bitcoin cash. It’s essentially identical to Bitcoin, but with the important distinction that it has more block size capacity.
The biggest reason Bitcoin cash was created because of Bitcoin scalability limitation.
Let me make it simple for you.
Bitcoin transactions are completed when a “block” is added to the blockchain.
A full 1Mb Bitcoin block generally contains around 2000 transactions and generally takes around ten minutes to process.
If you compare this to the 2,000 transactions per second that Visa can handle, you can see how scaling has been holding Bitcoin back
Hence, Bitcoin Cash is a solution to the Bitcoin scalability problem.
It increases the block size to 8Mb. Bitcoin Cash has a market cap of $13.73 B and 1 unit costs around 800$ to 1000$ which is triple its launch price.
So for those who missed the opportunity to grab Bitcoin when it was below 1000$.
The popular cryptocurrency provides the second opportunity to invest in “future Bitcoin”.
Bitcoin cash stands at fifth on the list of the best cryptocurrency to invest now.
5. Dash coin
Dash (originally known as Darkcoin) is based closely on bitcoin software. It can be mentioned as another more private version of Bitcoin, branded as a privacy-centric digital currency with instant transactions.
Dash offers more anonymity as it works on a decentralized master code network that makes transactions almost untraceable
Dash also offers instant transactions, whereas bitcoin transactions can take several minutes.
Therefore, you don’t have to worry about transaction delay as it instantly appears to the person on the other side of the transaction.
On top of that, there are low fees that come with Dash even in some cases it’s free to send Dash.
Launched in 2014, Dash has huge member base and one of the popular cryptocurrency in the industry with high daily trading volume.
Dash has a market cap of around $1,866,918,431.00 at the time of writing this post.
One dash costs $212. Given the technical advantages of Dash coin, it is here to stay maybe its price will not get multiplied 10 fold in two years time but it won’t disappoint you.
It’s certainly a viable competitor and contender for the best cryptocurrency to invest in 2018
Monero is a secure, private, and untraceable digital currency launched in April 2014 that focuses on privacy and decentralization.
Since its launch, Monero manages to maintain a consistent high daily trading volume.
Monero is 11th tradeable cryptocurrency at bitcoinexchangestore market
Monero is completely crowd funded and donation based. Monero is based on the CryptoNote protocol algorithm.
This algorithm was invented to add multiple privacy features not seen in most cryptocurrencies.
For this, it uses a special technique called ‘ring signatures.’
Unlike Bitcoin where a transaction can be tracked.
This algorithm makes it nearly impossible to track any kind of processed transactions between addresses.
Neither the number of funds on an address can be determined.
This was a major upgrade over Bitcoin and make Monero more secure and untraceable currency.
Originally launched as BitMonero, later shortened their name to Monero. Moreover, the market cap of Monero is $2,002,353,084 at the time of writing this post. The price of Monero coin is $120.
Monero price had remained relatively stable in comparison to other best cryptocurrencies in the last few months.
NEO was founded in 2014 and is real-time open source on GitHub in June 2015. NEO also is known as Chinese Ethereum as it also supports smart contracts like Ethereum. NEO has been created to shift our traditional economy into the new era of the “Smart Economy”.
Neo works on the below-shown structure
Digital assets + Digital Identity + Smart Contracts = Smart Economy
NEO is all about creating the structure where one digital asset is easily transferable, where digital identity is impregnable and where smart contracts make the whole system works smoothly.
NEO has $2,013,131,235.00 market cap and currently is a 14th most-tradable crypto asset. There are 100 M NEO available for supply from which 65000000 are in circulation.
NEO is priced between $22 to $25 at the time of writing this article. It has been consistent since its launch.
NEO certainly has high potential because of its advanced technology and relatively low price.
Neo ranked 8th on the list of the best cryptocurrency to invest in 2018.
9. Stellar (Lumen)
Stellar is a platform that connects banks, payments systems, and people.
Integrate to move money quickly, reliably, and at almost no cost.
Stellar and Ripple coin are similar to each other created with the same mission.
Its co-founder is Jed McCaleb ( founder of world first Bitcoin exchange Mt. Gox ).
Stellar has $5,191,314,323.00 market cap and sixth tradeable cryptocurrency priced around $0.25 to $0.3.
Stellar has a huge potential and certainly is one of the best altcoins to invest.
It had shown impressive growth in the last 120 days and manage to outranked the other popular cryptocurrencies like DASH and Monero coin.
Hence, Stellar certainly deserves its place on the list of best cryptocurrency to invest in 2018.
If you are prepared to invest for longterm than I can assure you it will increase 2x to 5x in coming Years
I also invested $500 in Stellar after doing deep research about the coin. Hopefully, it will yield a good profit.
IOTA, which stands for Internet of Things Application, is betting on the future of connected devices, as its name implies. The coin name itself makes it one of the best altcoins to a lookout.
As the number of transactions grows over the internet due to more number of connected devices. Hence to settle transactions will require Micro and Nano payment structure.
IOTA will enable the micro and even nano-transactions due to the unique IOTA Tangle architecture.
The tangle ledger is able to settle transactions with zero fees.
Hence devices can trade exact amounts of resources on-demand, as well as store data from sensors and dataloggers securely and verified on the ledger.
IOTA uses authenticated communication channels between devices.
All data which is transferred through IOTA is fully authenticated and tamper-proof — making attacks impossible.
IOTA had shown impressive growth in the last few months.
It is 10th popular cryptocurrency at cryptocurrency exchanges with $2,684,526,935.00 market cap.
IOTA price is hovering around $0.75 to $1.5 at the time of writing the article.
NEM is a blockchain project that is developed to help companies and industries to improve things like payments and logistics.
It’s trying to differentiate itself from other popular cryptocurrencies by making its blockchain highly customizable.
This is how NEM is described on its official website
“NEM’s blockchain platform was designed and coded from the ground up for scale and speed.
NEM’s permission private blockchain delivers industry-leading transaction rates for internal ledgers.
And its revolutionary consensus mechanism and the Supernode program ensure that NEM’s open, public blockchain can grow without ever compromising throughput or stability”.
NEM has a market cap of $1,472,395,850.00 and priced around $0.1 to $0.15.
NEM is without a doubt is one of the best cryptocurrency to invest in(especially, for those who are looking for future higher ROI).
NEM is currently 17th popular cryptocurrency at the trading platforms and definitely one to watch out.
12. Binance Coin
Binance coin is a native currency of Binance altcoin trading platform.
As Binance exchange has grown with leap and bounds so does it’s native token BNB.
BNB was an ICO launched with the launch of Binance exchange. BNB is an ERC20 token built on Ethereum.
Binance coin has a total supply of 200 M in which 50% was sold on ICO.
40% of the team and 10% to the Angel investors. Angel investors are those investors who buy the coin in bulk.
Binance coin can be used to pay fees on Binance exchange.
Binance exchange also offers 50% rebate to those investors which pay fess in BNB in place of BTC.
In your first year of membership at Binance exchange, you will receive a 50% discount on the fee.
In the second year of membership, the discount will decrease to 25%.
Subsequently, in the fourth year of your membership in Binance exchange, there will be no fee discount.
But overall you will always be in profit.
Binance coin is the eighteenth popular cryptocurrency according to the trading volume which is quite an achievement in such a short period of time.
At the time of writing this post, the market cap of BNB token is $1,282,819,279.00 and priced at $13.93.
It is a quite remarkable cryptocurrency which able to maintain the price and trading volume irrespective of the status of the market.
13. Ethereum classic
When running on the blockchain a smart contract becomes like a self-operating computer program that automatically executes when specific conditions are met.
In 2016 a decentralized autonomous organization called The DAO, a set of smart contracts developed on the platform, raised a record US$150 million in a crowd sale to fund the project, just to have almost a third stolen by the hacker.
The event shook the online community, leading to a huge price drop.
Even though hackers did steal 50$million ether but they were not able to access them because DAO smart contracts stated that if any of the invested ether token taken out of DAO.
They will not be accessible up to 28 days. Following the attack on the DAO in 2016, Ethereum was split into Ethereum (ETH) and Ethereum Classic (ETC) which was first blockchain network hard fork.
Hard fork are not backward compatible it means to access your invested ether token you have to join upgraded version otherwise you will not receive any updates and won’t able to interact with upgraded system users.
Hence technically to access ether coin you have to join upgraded version.
Ethereum classic is an upgraded version of Ethereum.
ETC does make the list of best cryptocurrency to invest now because of its close proximity to Ethereum but it has proved this argument right till now.
Ethereum classic (ETC) has a market cap of $1,617,826,717.00 and priced at $15.24 USD.
ETC is the 16th popular cryptocurrency at altcoins market on the basis of daily trading volume.
There are three more coins with huge potential. Their trading volume has increased rapidly in the past 6 months.
- EOS is fifth tradeable cryptocurrency at Bitcoinexchangestore market.
- Tron is 13th tradeable cryptocurrency at the cryptocurrency exchanges
- Tether (USDT) is 9th most tradeable cryptocurrency at the altcoins market
I will discuss and review three of them along 4 other cryptocurrencies in a forthcoming article – coming soon
Note – Always store popular cryptocurrency in a hardware wallet never leave them on an online exchange. You can read about hardware wallet in the following article.
Hello, I am Harsh Vasistha Btech(IT) from New Delhi, India. I am the Owner and the Author of coinexpansion and bitcoinexchangestore.com(an altcoin hub). Although I am not a techie, in fact, I am more an ideological person but got infatuated with blockchain technology. Hence I commit myself to thorough and in-depth research on the core subject. Coinexpansion and bitcoinexchangestore.com is the product of my cryptocurrency learning lust.
Hobbies – An avid reader, compulsive learner, passionate writer, sports addict, history captivated, and obsessed with learning new things and love to decode that stuff into simple and self-explanatory words.
I will do my best to serve my viewers with more pragmatic information about cryptocurrency and it’s associated technology and will try to keep you updated with current events of the cryptocurrency world