The world of cryptocurrency is constantly changing and evolving. With new coins and tokens being created every day, it can be difficult to know which ones are worth investing in. This blog post will discuss five cryptocurrencies that we believe will be the most valuable in the future. Keep an eye on these currencies as they could potentially provide huge returns for investors.
Let’s take a look at them.
The only Bitcoin is the King of Cryptocurrencies and will always be. It has the biggest name in the community, and people believe in it more than any other cryptocurrency. When you invest in Bitcoin, you’re investing in a currency that’s received media attention around the globe. You’ve most likely heard it on the news or read about it online.
Even if you don’t understand exactly what it is, it’s still got that ‘cool’ factor that attracts people to want to learn more about it. When something becomes popular, people will want to buy into it because they see everyone else doing so too. If you’re looking for the top exchange platform, then Bitcoin Era might be the best option to choose.
With its volatile currency value but stable utility, this cryptocurrency is predicted to explode shortly. As no surprise, Ethereum has shown itself to be unbeatable in the lead of the pack with a growth of over 5400% year-to-date! It has room for growth left, and it’s only going up from here. Ethereum – market capitalization is currently USD 25.7 billion, and it even overtook Bitcoin at one point in time.
Although Ripple isn’t that well known as a cryptocurrency, it has an ever-growing fan base due to its potential for being used by many banks on their payment networks. Compared to Ethereum, which had seen growth above 5000%, Ripple managed to grow about 36,000% in the first half of 2017.
If this growth can be sustained, then Ripple has a good chance of becoming a standard for bank transactions and a profitable investment option.
Created in January 2014, Dash (DASH) is an altcoin originally known as XCoin, then Darkcoin, and finally DASH. It is a cryptocurrency with many interesting features that makes it stand out from the rest of its competitors on the market, which includes instant transactions (InstantSend), private transactions (PrivateSend), and decentralized governance (DAO).
Dash has been referred to as “the first decentralized autonomous organization.” Its blockchain is built upon Bitcoin’s core code, but there are some major differences, including new features like InstantSend or PrivateSend, making transactions almost untraceable.
Monero is a secure, private, untraceable currency. This means payments are “pubicly auditable,” but the sender of the payment, recipient of the payment, and amount paid can remain anonymous. Monero uses ring signatures to obscure transaction details like the sender, receiver, and the amount transferred, making Monero transactions very private.
The Bottom Line
Some cryptocurrencies are good to invest in, and others aren’t. Some don’t require you to ‘invest’ money, but rather just time or effort. Note that the “Proof of Stake” coins allow users to earn dividends simply for holding them (i.e., investing).