The Top 5 Altcoins to Look for in 2018

Take a look at CoinMarketCap and you’ll find over 1,500 cryptocurrencies. In fact, the number of cryptocurrencies is growing at a rapid rate and there simply isn’t enough time in the day to research them all. So, to help you keep up with all of this new information, we’ve put together a list of the top 5 altcoins to look for in 2018.

Ethereum (ETH)

With Ethereum being the dominant platform for dapp development, Ethereum Classic’s role is supposed to be more geared towards store of value. However, there is currently no incentive to hold ETC beyond pure speculation. Callisto will be a good experiment to see if cold staking is an effective strategy, in which case it could be employed by Ethereum Classic itself sometime down the line. In particular, co-founder Vitalik Buterin is one of the greatest minds in cryptocurrency and the community places great faith in him for the project’s continued progression. There’s plenty in the pipeline for Ethereum this year and beyond with the upcoming roadmap phase known as ‘Serenity’. This will see Ethereum’s consensus protocol change from Proof of Work (PoW) to Proof of Stake (PoS) with

NEO (NEO)

It’s speculative but there have been rumors of China ending its ICO ban as it releases new regulation updates. If that news is delivered in Q2, NEO’s price could quickly rise. Despite China’s clampdown on ICOs, NEO already has a few lined up and continues to operate. You can read more here about NEO ICOs in 2018. Whilst 50% of Origin token has already been released, the remainder of ONT tokens will also be airdropped in Q2.

Stellar (XLM)

With Stellar, anyone can send, receive or trade any kind of currency – from cryptocurrency to fiat. Transfers come with minimal cost and are almost immediate, which makes Stellar an attractive proposition. Stellar’s XLM currency can be used as an intermediary universal unit of exchange. The project has a number of big plans for 2018 including SDEX (Stellar Decentralised Exchange) and Lightning Network integration.

LiteCoin (LTC)

2018 could be a big year for Litecoin and it’s planning some impressive updates which could increase the adoption and practicality of Litecoin on a mainstream basis.Here’s what to watch out for. LitePay was launched on February 26, and it’s being marketed as “the world’s first borderless payment network”, meaning the utility and adoption of Litecoin could rise significantly among businesses across the globe.LitePay allows Litecoin to be processed wherever Visa cards are accepted and could dramatically reduce processing fees on transactions. For example, while most major credit cards charge a 3% settlement fee, Litepay is promising to reduce that to just 1%. LitePal is expected to be rolled out later this year too, however there’s no confirmed release date just yet. It’s offering more security, seamless integration and rapid 60 second transactions – all of which could create a major spike in Litecoin’s value.Plus, LitePal will be compatible with most major ecommerce platforms, tapping into a highly profitable market.

IOTA (MIOTA)

Having instant transactions with no fees is clearly a huge selling point, particularly given some of the problems that Bitcoin has faced with slower and more expensive transactions in recent times. What’s more, IOTA has very impressive technology behind its own version of a blockchain. It’s a project that is still very much in development but very promising for 2018.

Conclusion

While we believe that the above projects are well set for 2018, it’s always recommended that you do your own research before investing. There are so many fascinating cryptocurrencies and these are just 5 that we think you should keep an eye on in 2018. Always be sure to read a project’s white paper, research the team behind the project and ask the project’s community all the questions of interest.

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DISCLAIMERS: THIS #ARTICLE IS NARRATED FROM DIFFERENT SOURCES COINBASE, NEWS BTC & cointelegraph . This #article should not be taken as, and is not intended to provide, #investment #advice. Please conduct your own thorough research before #investing in any #cryptocurrency.