This Are The Best Cryptocurrencies To Invest In 2017
As the price of Bitcoin continues to fall, and Ethereum transactions may surpass Visa purchases, it’s about time you stopped to look at the potential of cryptocurrency for your financial portfolio (if you haven’t already).
For those who don’t know, cryptocurrency is a type of digital currency that’s heating up the investment world these days. More people than ever are considering the value of cryptocurrency for adding versatility and diversity to their financial portfolio, and you can even think about using crypto for your retirement plans. Read more about it here: https://www.mineweb.net/bitcoin-ira-review
Here are some of the top 10 cryptocurrencies to invest in 2017-2018
Top 10 cryptocurrencies by market cap pic.twitter.com/tNydG3UYzv
— Tuur Demeester (@TuurDemeester) January 19, 2017
As the most popular, and well-known cryptocurrency in the market, it makes sense that this option would come at the head of the list of the best cryptocurrencies to invest. With a market capitalization worth of about $76,817,853,616 – that’s a lot of numbers. The first ever cryptocurrency, Bitcoin was invented by Satoshi Nakamoto, and it was the only virtual currency to exist at that time. Today, you can buy a single Bitcoin for about $4841, but the price is constantly changing. Make sure that Bitcoin is legal in your country before you buy. Remember, you can also buy a small part of a bitcoin, if you can’t afford a full one. You can get the full guide to buy bitcoin in use here: https://www.business24-7.ae/how-to-buy-bitcoin-in-uae/
Ethereum is another of the most common cryptocurrencies on the market today. A platform built for developing smart applications, Ethereum has hit some controversy as of late due to a recent hard fork which led to diverging block chains. At present, the market cap value of Ethereum is around $30,993,706,186, which means you can buy a single coin for $328 USD.
3. Bitcoin Cash
A breakaway part of Bitcoin, Bitcoin cash is a separate cryptocurrency with a market cap of around $11,161,562,7272. This means that you can buy a single Bitcoin cash coin for $673.723 USD.
Another of the best investment coins on the market today, Ripple is a real-time gross settlement solution which was originally brought into the industry in 2012. It currently has a market cap of $8,578,015,899, and you can buy a unit for a price of about $0.223713.
LiteCoin is a cryptocurrency, and an open-source peer to peer digital currency system, similar to Bitcoin. The current market cap for LiteCoin is $4,202,463,279, so you can buy a single coin for around $79.54 USD.
NEM isn’t at the top of most people’s lists, but it’s still performing well in the cryptocurrency market. The NEM launch took place in March 2015, and it currently runs on the Java platform. The market cap is $2,678,994,000, and you can get a single NEM coin for $0.297666
Formerly known as Darkcoin, or Xcoin, Dash is an open-form of peer-to-peer virtual currency that was originally introduced in 2014. Currently, Dash is performing quite well, with a market cap of around $2,620,342,807. You can buy a single Dash coin at $347.31.
Monero is one of the most popular forms of virtual currency recently introduced. It came to the market in April 2014, and is focused on decentralization and privacy. The market cap for the coin is $1,917,245,354, and you can buy one unit for $127.37.
The most innovative element of IOTA is the use of “Tangle”, a type of blockless ledger which is lightweight and scalable. Unlike most of the block chains on the market today, consensus isn’t a decoupled aspect, but an inherent part of the system. The market cap for IOTA is $1,820,205,981, and you can get a single unit for $0.654861.
10. Ethereum Classic
While Ethereum classic isn’t nearly as popular and famous as Ethereum, it still has plenty of power in the cryptocurrency space. With a market cap of $1,702,355,002, you can purchase a single Ethereum classic coin for $17.86. It’s worth keeping in mind that during May 2017, Ethereum Classic was the sixth most precious cryptocurrency in the world.