This cryptocurrency market is insane right now. There are over 1500 altcoins available with new ones being added each month. Some of these new coins coming to the market are legit while many of these coins are just an attempt to sucker a fool into giving away their Bitcoin (BTC) or Ethereum (ETH). Below are a few of the cryptocurrencies that we believe are here to stay around for a very long time. Remember to do your own research!
Let’s not waste time with this coin, as we know that it is the mother of cryptocurrency. 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.
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.
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.
Bitcoin Cash (BCH)
Bitcoin Cash is 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.
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.
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.
NEO is said to be the Ethereum of China 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.
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.
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.
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.
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.
Dash is another popular privacy cryptocurrency that gives people some privacy features to help secure their identity.
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.
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.
Disclaimer: As always, do your own research on all of these suggestions because the market is changing daily. All information and data on this blog post are for informational purposes only. We make no representations as to the accuracy, completeness, suitability, or validity, of any information. 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.