The cryptocurrency market has undergone significant shifts over the past year, with new cryptocurrencies reaching all-time highs of billions of dollars in market capitalization and others plummeting to less than $10 million in market cap. This incredible growth in the market has led many investors to become wary of investing in new coins; but if you want to make sure you’re making the right choice when choosing an altcoin to invest in, it’s important to do your research before putting your money into any coin.
1) Ethereum
Ethereum is a blockchain-based platform that enables smart contracts and Distributed Applications (DApps) to be built and run without any downtime, fraud, or interference from a third party. It has the ability to process transactions faster than bitcoin and utilizes the power of an international network of public nodes. This means it has the potential to grow very large and process unlimited numbers of transactions per second. For this reason, Ethereum is being used as a building block by many other projects, including our own.
2) Tron
Tron is a blockchain-based decentralized platform that intends to create a global free content entertainment system with distributed storage technology. It was established by Justin Sun and has offices in San Francisco, Beijing, Tokyo, and Singapore. The basic token of the Tron network is called TRX. Tron allows each user to freely publish, store and own data, thus forming a decentralized content distribution platform. The more you invest in Tron at this stage, the better return you will get when it hits the exchanges!
3) Litecoin
Litecoin is a very popular cryptocurrency and it has the potential to be one of the best altcoins to invest in for maximum profit. It is a peer-to-peer digital currency that was created by Charlie Lee, a former Google engineer.
4) Bitcoin Cash
Bitcoin Cash is one of the most popular altcoins on the market, and it’s not hard to see why. Bitcoin Cash has a very low transaction fee of only $0.01 USD per transaction, which means that you can use Bitcoin Cash without worrying about large fees that many other cryptocurrencies have.
5) Ripple
Ripple is a digital token that can be used as an international currency. It is the third most valuable coin on the market, and it has been steadily increasing in value over time. Ripple is also one of the oldest coins on the market, having been created back in 2012.
Ripple’s goal is to create a global network of financial institutions that use blockchain technology.
6) Monero
Altcoin, Monero has been gaining popularity in recent years as a result of its privacy features. The altcoin is one of the most popular on the market, but it’s also one of the most expensive. According to some experts, this cryptocurrency could be worth $1 million by 2023.
7) Dash
Dash (DASH) is a cryptocurrency that was originally released as XCoin (XCO) on January 18, 2014. It has since rebranded twice, first to Darkcoin on March 25, 2015 and then finally DASH on February 2, 2016. DASH’s innovative features include instant transactions and private transactions. This cryptocurrency is so popular that it was added to Coinbase before 2017 ended.
8) IOTA
IOTA is an open-source distributed ledger protocol that goes beyond blockchain and supports the use of different types of technologies. IOTA’s design enables a lightweight, scalable and reliable machine-to-machine (M2M) economy by making every technological resource a potential service to be traded on an open market in real time, with no fees.
9) NEM
NEM is an open-source cryptocurrency and blockchain that is built on the principle of making it easy for anyone to do anything with their assets. The NEM project was launched as a fork of NXT, which was a peer-to-peer cryptocurrency and blockchain project that was built on the principle of providing significant financial benefits to individuals who would help maintain its network.
10) Stellar
Stellar is an open-source protocol for value exchange. It connects people, payment systems, and banks with a universal distributed ledger. Stellar is quickly shaping up to be the next Bitcoin — and it’s not stopping there. The Stellar Foundation has big plans for the future of finance on their network. They have over 1 million accounts already on the network and will only continue growing from here.