Stellar, Neo and VeChain: the Top Performing Cryptocurrencies

1. Stellar (XLM)

Despite the theft of over $400,000 worth of Stellar Lumens (XLM) from the BlackWallet cryptocurrency service, XLM continued to rise throughout the month of January. By means of a script-based DNS attack, the hacker was able to steak about 670,000 XLM and caused major disruptions to the BlackWallet service.

The price of XLM grew by almost 20,000 percent in the year 2017, and the trend has continued into the new year. The cryptocurrency has had great success in forming sustainable partnerships with firms like IBM. The cryptocurrency is also listed on the Binance cryptocurrency trading platform making it more accessible to investors. Here is a summary look at the XLM growth in January 2018.

     Price on January 1: $0.36
     Price on January 31: $0.53
     Highest Recorded January Price: $0.90 (January 4)
     Market Cap Rank: seventh
     CoinGecko Rank: eighth

1. NEO (NEO)

NEO shares a lot of similarities with Ethereum. It is more than just a cryptocurrency token as it also a platform upon which applications can be built with a focus on smart economy applications. The project was launched in December 2016, and it was formerly known as Antshares.

Dubbed the “Chinese Ethereum,” the were fears for the survival of the platform after the September 2017 ICO ban by the Chinese government. NEO has been able to weather the storm, posting positive growth figures throughout January. Here is a summary look at NEO’s growth in January 2018.

     Price on January 1: $74.54
     Price on January 31: $145.76
     Highest Recorded January Price: $194.70 (January 15)
     Market Cap Rank: eighth
     CoinGecko Rank: sixth

1. VeChain (VEN)

VeChain is another crypto project that is trying to set itself apart from the crowd. The project has been focused on the ICO and DApps market, with an emphasis on powering the emergence of the IoT. VeChain has struck partnership deals with large Chinese firms.

The cryptocurrency didn’t experience much growth in 2017, but the situation seems to be changing considerably. Here is a summary look at the VEN growth in January 2018.

     Price on January 1: $2.26
     Price on January 31: $5.58
     Highest Recorded January Price: $9.55 (January 22)
     Market Cap Rank: seventeenth
     CoinGecko Rank: 62