The size of the cryptocurrency market which was around $25.9 billion in April 2017. It now stands at $409.47 billion! As the market grew, many new cryptocurrencies emerged.
Note: Market capitalization of any cryptocurrency is the number achieved when the total number of coins is multiplied with the value of one coin.
These cryptocurrencies are often referred to as “Altcoins” as they provide an alternative to Bitcoin. It can be a difficult task to choose the best altcoins, as there are thousands of options out there.
If you are looking to find the best altcoins 2018 then you don’t need to look any further. I will cover the most promising altcoins in this guide. I will talk about their historical trends, technology, uniqueness and what can be expected in 2018.
By the end of this guide you should have a fair idea about the top altcoins 2018. With this information in hand, you can go to a financial consultant to plan your cryptocurrency investment for 2018.
So, let’s get started with the review of best altcoins 2018.
Best Altcoins 2018: Ethereum
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The list of the best altcoins must begin with Ethereum, which is the second most valuable cryptocurrency after Bitcoin. It has a current market capitalization of $64.35 billion! Ethereum was launched in July 2015 by the now-famous prodigy of the cryptocurrency worldBest Altcoins 2018: Litecoin
Litecoin, one of the oldest altcoins, was created in 2011 by an ex-Google employee, Charlie Lee. Like Bitcoin, Litecoin is also just a digital currency but with improvements. In fact, the reason for launching Litecoin was to overcome some of the shortcomings of Bitcoin, especially its slow transaction speed.Best Altcoins 2018: NEO
NEO, which was originally called AntShares, was created in 2014 by Da Hongfei in China. It is the biggest cryptocurrency which has emerged from China.
NEO, like Ethereum, is a platform designed for developing Decentralized applications (Dapps), Smart contracts and ICOs. Because of this close resemblance to Ethereum, NEO is often referred to as the “Chinese Ethereum”.
Best Altcoins 2018: Cardano (ADA)
Cardano was founded in September 2017 by Charles Hoskinson, one of the co-founders of Ethereum. Cardano not only offers a platform for Dapps and smart contracts, but also offers many technological improvements over Ethereum and other blockchains.Best Altcoins 2018: EOS
EOS is a relatively new altcoin whose Initial Coin Offering (ICO) was launched in June 2017. EOS was created by Dan Larimer, who has also been credited for founding cryptocurrency exchange Bitshares and blockchain-based blogging site Steemit.
Like Ethereum, EOS also provides a platform for developers to build decentralized applications. Its technology differs, though, as we’ll soon see.
- Best Altcoins 2018: DASH
Like Bitcoin, Dash is a digital currency launched in 2014 by Evan Duffield. At the time of launch, it was called Xcoin and was then renamed to Darkcoin. It was in 2015 that it was finally rebranded to Dash.
Dash has been forked from Litecoin, which is itself built on Bitcoin’s technology. Dash has gained popularity because it offers significant advantages over Bitcoin.
- Best Altcoins 2018: BitDegree (BDG)
As we reach the end of this guide, I feel it’d almost be wrong not to mention BitDegree. I feel we deserve a mention here, as we may be of interest to you also. We are the world’s first blockchain-powered online education platform
Launched in 2017, we aim to revolutionize the education system. Think of it as Coursera and HackerRank merged together, powered by decentralized blockchain technology.
With BitDegree, students and teachers are both paid. Providing the ability to earn by learning is one of many ways in which we are innovating modern education.
So, which ones do you think are the top altcoins 2018? Do you have an opinion on which is the best altcoin to invest in 2018? I personally really like NEO, but that’s just my opinion. Let me know yours!