Good day to you all my fellow steemians.
I've been making a good survey of the new crypto currencies worthy for investing. I've taken some good time doing this survey and here I bring to you five of the newest booming coins on the coin market cap.
Some might be knowing the names of these projects but only a few relapse what is behind them. So today, I bring to you bits of information about them and their predicted influence on the market cap.
Let's start with :
1. LITECOIN
https://www.litecoin.com
Litecoin is a peer to peer currency and open source software project released under the MIT/X11 licence.
Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority.
Litecoin is another bitcoin fork technically similar to BTC. It's original author is Charlie Lee. Among the companies adopting Litecoin are Surf air and tap Jets. Within a year, it's price increased by 315% from $28.43 to $117.86.
So you never know what might happen by the end of this year.
2. CARDANO.
https://www.cardano.org
Cardano is another new coin on the market. It's a distributed computing platform running block chain for the Ada cryptocurrency.
It was established and formulated by Input Output Hong Kong and led by Charles Hoskinson, former founder of bitshares, ethereum classic.
From October 1st 2017, it's price increased by 1000% from $0.002 to $0.22
Another coin here is :
3. STELLAR
https://www.stellar.org
This is an open source protocol value exchange established in 2014 by Jed McCaleb and Joyce Kim.
The platform is a distributed ledger maintained by consensus algorithm. It's native currency is lumen. Companies such as devotee, Parkway projects and tempo money transfer are building innovative services based on stellar network with gives it a fundamental higher base for its existence on the market cap.
Stellar within a year, it's price increased by 639% from $0.039 to $0.288.
This also gives it a higher expectation on its influence on the market cap.
4. IOTA
Https://www.iota.org
This token is a currency to transact on IOTA's distributed ledger. One of the main features of IOTA foundation is Tangle technology in contrast to block chain used by bitcoin. The tangle solves two problems; scalability and transaction fee issues.
From June 13th of last year 2017,its price increases by 171% from $0.638503 to $1.73.
And lastly is the newest coin on the market cap. My favorite,
5. TRON
https://www.tron-trx.com/
This is the newest on the market cap. It's main net launched on **31st May this year. The token migration from ethereum network to a new one is awaited in June of this month. Justin Sun, creator of the project seeks to acquire BIT-Torrent inc always focused on decentralized peer-to-peer file transfer technology.
From September 13th, 2017,its price increased by 2783% from $0.002051 to $0.59118
If you're smart enough, you'll observe that these tokens are growing and are still growing more till they're worth the real price of BTC.
And these are tokens worthy for investing. If you have money, I urge you to claim for some coz they're still as cheap as nothing. And soon they'll grow like the dash, bitcoin cash and many more.
DISCLAIMER.
always invest wisely