Cryptocurreny Prediction: 8 Altcoins To Keep An Eye On In 2018

Cryptocurreny Prediction: 8 Altcoins To Keep An Eye On In 2018

We are convinced that 2018 will be the year of the altcoins and that as the year progresses, smaller coins will start taking up more of the total market capitalization. It doesn’t mean that Bitcoin’s days are over or that you shouldn’t buy Ethereum, it just means that we’ll have to get used to more cryptocurrencies sharing the market.

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Investing in altcoins can be very exciting since there are plenty of options to choose from and many possibilities to take advantage of. The only dilemma is that there are thousands of cryptocurrencies, with new ones being added all the time, making it hard to know which ones to focus on. How can you know what cryptocurrency to buy in 2018?

The answer is that no one knows what will happen and one can only make predictions and guesses. In order to help you out with your predictions, we thought we would offer a bit of insight and support based on our experience. To do this we have listed 8 of the most prominent altcoins on the market right now. Each cryptocurrency comes with a brief explanation of what it offers in terms of technology and why we think it has the potential to be a good investment in 2018.

Note that these are personal opinions and not investment advice. We have created this list in order to help and inspire you but we cannot guarantee that buying these cryptocurrencies will be lucrative investments.

Without further ado, let us get started. In this cryptocurrency altcoin prediction we will look at 8 different altcoins that can be of interest to investors.

1. Stellar Lumens (XLM)StellarLumes logo

Stellar XLM is the first cryptocurrency on the Stellar network and it is currently one of our favorite cryptocurrencies on the market because of the possibilities it offers. XLM has been designed to be a safe, stable, and quick currency and it can be used to exchange different currencies within the blockchain.

What we especially like about Stellar and what sets it apart for many of the currencies on this list is that it has been around since 2014. That means that it has survived for nearly four years proving that it’s not a quick phenomenon that will fade away. Stellar is a great blockchain and XML is good cryptocurrency, and we are confident that this combination can be considered as both a long-term and a short-term investment.

Read more about Stellar

2. Electroneum (ETN)

Electroneum has only existed for about a year but has already become quite popular among cryptocurrency traders with over a hundred thousand followers on social media. This digital asset is based on the Monero blockchain but it has been upgraded to be more stable and secure. The goal with Electroneum is to make mobile payments as easy as possible using QR-codes. The founder is hoping to attract 2.2 billion users worldwide, making it the number one mobile payment option.

It is fairly easy to mine Electroneum and transactions are quick and cheap at 0.01 ETN per transaction. The coin supply is just under 5 billion which unfortunately limits further growth. However, this cryptocurrency still has a lot of potential as an investment thanks to its sturdy blockchain and a clear goal.

Read more about Electroneum

3. Ripple XRPRipple logo

Ripple is a blockchain and a cryptocurrency that was designed to offer transactions that were quicker and cheaper than all the available options. Because of these abilities, Ripple quickly gained recognition from banks and global payment options that were interested in using XRP in their own systems. This interest eventually brought Ripple to the third place of the largest cryptocurrencies in the world.

Not everyone is excited about Ripple and many claim that it is not decentralized which is one of the most important aspects of any cryptocurrency. That being said, Ripple just started a collaboration with MoneyGram with plans for more similar projects, and by now we’ve learned that this will only help XRP to grow further. No matter what some people might think of Ripple, it still has the potential of being a good investment in 2018.

Read more about Ripple

4. TRON (TRX)

TRON is a decentralized protocol that has been designed for content management, app development, and data liberation. This cryptocurrency is based and developed in Singapore by an extremely driven tech visionary called Justin Sun. Sun has worked hard to create a strong and unique brand in the crypto industry. TRON has a dedicated app called Peiwo which already has 10 million confirmed users.

Similar to many of the newer cryptocurrencies, TRON can’t be mined and already has a huge coin supply which means that it can’t increase much in value over time. So why do we believe in it? Well, Justin Sun has planned six development phases for the currency that will be implemented over the coming 10 years. Because of this, TRON offers what seems like good short-term investment opportunities even though the digital currency has struggled the past couple of weeks.

Read more about TRON

5. Cardano (ADA)

Cardano is a public blockchain that was designed with the aim of creating the most advanced network on the market. The founder of Cardano is a former Ethereum co-founder with immense experience in the industry. He claims that Cardano and its dedicated cryptocurrency ADA is the first science-based cryptocurrency and that it will be the future of online payments.

You cannot mine ADA and it has a fixed coin supply of 25 billion which naturally limits the coins ability to grow in value and market cap. However, the Cardano blockchain has some very interesting features which have us convinced that it will be around for the long haul. ADA is also about to be launched on several exchanges in 2018 and that usually helps push the price up.

Read more about ADA

6. NEO

NEO used to be called “Antshare” and was first launched in China back in 2014. NEO is based on the Ethereum blockchain but has a few features that set it apart from ETH. In fact, the founders of NEO claim that they have managed to enhance the Ethereum system and create a cryptocurrency that is more advanced than all other digital currencies.

We’re not sure if we can agree on that, although, we do see the potential with NEO and can admit that it is an impressive cryptocurrency. NEO has gained a lot of momentum lately and has attracted many investors that are interested in the currency’s unique abilities.

Read more about NEO

7. Dogecoin

Dogecoin is a unique cryptocurrency because it was not created to be a revolutionary cryptocurrency offering technological advances. Instead, Dogecoin was created as a joke based on the meme Doge. Due to this, it is hard for us to evaluate the coin and blockchain’s actual worth. Dogecoin also lacks any specific functions that set it apart and within time it will probably fade into the unknown

Surprisingly enough, Dogecoin has lately become popular in the gaming community and has been on a surge for the past few weeks which has created great investment opportunities. Just don’t expect DOGE to be a long-term investment.

Read more about Dogecoin

8. Linda (Linda)lindacoin

Linda might be one of the most interesting cryptocurrencies on this list. It was developed on the Monero blockchain and it offers fast and cheap transactions as well as complete anonymity with untraceable transactions and an encrypted messaging system.

You might be confused about why we put Linda on this list since it ranks as number 329 of the largest cryptocurrencies, while all the other currencies on this list are in the top 50. But the truth is that Linda has gained a lot of attention in the first few weeks of the year and we are expecting it to grow a lot in 2018.

Read more about Linda

If you want to buy cryptocurrencies we suggest that you start with a cryptocurrency broker. The following options are our top choices that we recommend to all our readers and. Click on the button to read in-depth reviews about them or go directly to their website and start trading today.

COMMENTS

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    Thank you for this article. Digital currencies fascinate me. So much so that I decided to invest some of my savings.