This cryptocurrency market is insane right now. There are over 2000 altcoins available with new ones being added each month. Some of these new altcoins coming to the market are legit while many of these new altcoins are just an attempt to sucker a fool into giving away their Bitcoin (BTC) or Ethereum (ETH). Below are a few of the top altcoins and blockchain coins that I believe are here to stay. And always remember to do your own research!
The safest choice (in my opinion):
Let’s not waste time here, Bitcoin is the mother/father of cryptocurrency and isn’t going anywhere. Similar to the Internet, Bitcoin will only get better and more respected as the market grows. Additionally, Bitcoin has brand recognition on it’s side and people always go to the popular brand… no matter how good or bad! Bitcoin was created back in 2009 as a way to help take away all of the power from financial institutions and the government. Bitcoin is one of the largest cryptocurrencies in the world and has a mission of providing people with financial freedom. Bitcoin transaction fees have increased lately due to its growth in popularity.
The top altcoins/blockchain coins (in my opinion):
Ethereum is a network that supports DApps, decentralized apps, and a cryptocurrency. Ethereum is extreme for its creation tool for developers that are interested in building apps based on its blockchain technology. You can expect low transaction fees with Ethereum.
Waltonchain is a decentralized platform combining blockchain with the Internet of Things via RFID technology. Waltonchain will use their unique, patented RFID chips to read/write directly to the blockchain without human intervention, creating a genuine, trustworthy, and traceable business ecosystem, with complete data sharing and absolute information transparency.
NEO is said to be the Ethereum of China or the new Ethereum, but that is just a lazy explanation as it is a non-profit community blockchain that also has tool for developers that are interested in building apps. It offers digital identity to digitize assets and can automate the management of digital assets using smart contracts. NEO seems to be extremely undervalued based on its technology.
Ripple is a network as well as one of the top largest cryptocurrencies in the market. It was developed as a cheaper and faster solution, however, it is centralized, unlike the other digital currencies.
Stellar Lumens (XLM)
Stellar Lumens popularity has been increasing steadily, thanks to a partnership with IBM. Stellar is the decentralized alternative to Ripple. We can expect Stellar to provide fast and cheap transactions.
Other top altcoins/blockchain coins (based on research):
Litecoin is a centralized cryptocurrency and is the silver to Bitcoin’s gold. Litecoin is popular thanks to very fast transfers and low transaction fees.
Monero is a popular secure, privacy-oriented cryptocurrency.
Dash is another popular privacy cryptocurrency that gives people some privacy features to help secure their identity.
Ark is attempting to bring their SmartBridge technology to the industry. Their SmartBridge tech will link blockchains together, such as Ethereum with Ripple, IOTA, etc. This coin is very fast and has staking as well. It’s decentralized and with an ArkShield program for protection.
Po.et is an undervalued company that wants to create a platform to simplify the process for publishing, licensing, and authenticating digital assets. Po.et will create a blockchain platform with added smart contract functionality and apps to facilitate distribution of digital creative works.
Siacoin is a decentralized storage coin that will compete with cloud storages like Dropbox, Google Drive, Amazon, and other similar businesses. You’ll use Siacoin to use the service and you can rent decentralized storage space. This type of storage is safer as it is decentralized, unlike traditional cloud storages.
The top risky altcoins/blockchain coins (based on research):
Bitcoin Cash (BCH)
Bitcoin Cash is somewhat popular and is basically another version of Bitcoin. Bitcoin Cash was created as a result of a Bitcoin fork that occurred in late 2017. If you owned Bitcoin during the time of the fork then you automatically received Bitcoin Cash.
Time New Bank (TNB)
Time New Bank has been on our radar for a few weeks. Time New Bank wants to sell time; time of people, celebrities, influencers, etc. So instead of dealing with so many third parties, all of this can happen using their app (which is currently in the beta stage as of now). This concept sounded insane but after reading more about the company, we are excited about their future.
IOTA uses the ledger on the Tangle network, so there will be no blocks or miners. IOTA has zero transaction fees and is extremely fast. The plan for IOTA is to be the main communication between for the Internet of Things ecosystem.
Cardano is a newer cryptocurrency that is being developed in layers. Cardano is one of the first projects to be developed from a scientific point of view and has a team of academics and engineers.
Verge is a secure and anonymous cryptocurrency, built with a focus on privacy. Verge plans to give people the option of sending their coins privately or publically. The company has had some trouble in the past but the team have started listening to the loyal supporters and have made many changes. Keep an eye out for this dark horse.
Tron is one of the most hyped cryptocurrencies on the market. Tron is decentralized and has a goal of creating an entertainment system with free content using storage technology and the blockchain. This coin has many followers and believers in the technology. We have not invested in this one but many followers on Reddit and other cryptocurrency communities believe that Tron has a bright future.
If you want to know more about Bitcoin, top altcoins, or blockchain coins, then check out these highly rated Bitcoin and blockchain books on Amazon.
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Disclaimer: Always do your own research as the market is changing daily. All information on this page is for informational purposes only. We will not be liable for any errors, omissions, or any losses, or damages arising from its display or use. All information is provided as is with no warranties and confers no rights.