5 Cryptocurrency To Purchase This Year

in cryptocurrency •  7 years ago 

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cryptocurrency is a secure digital payment tool of counterfeiting, copying and altering. Each virtual coin has a special number, with crypto currency transactions done anonymously using a special key. The transactions that have been made can not be undone

in coinmarketcap.com there are 1565 kind of crypto in the world. this amount of course even far exceeds the amount of currency Fiat in the world. These facts, while confirming that the world of crypto is unstoppable again. The era now is the era of cryptocurrency
.

Of the thousands of types of crypto above, consists of various platforms that have their own characters. Most, too, have come from bitcoin codes which are then modified in such a way as to become a new type of Altcoin (an alternative to a coin other than bitcoin). In addition, many consist of various types of tokens, which are digital asset tokens, built on certain blockchains with each functionality and character.

And all types of crypto there are some trusted and some can throw you bankrupt. here I would recommend 5 Crypto that promise you to invest

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Stellar Lumens

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Stellar (XLM) is a crypto supported by IBM globally and decentralized. Stellar Lumen's goal is to enable people and banks to transact in multiple currencies around the world while looking for the best exchange rates in real time.

The Stellar Network aims to be fully decentralized. It shares most of its characteristics with other coins on this list - low cost, instant, and secure. which distinguishes Stellar from other crypto is the progress made to implement its goals. .

Advantages

  • Tied with one of the largest ATM manufacturers in the world, IBM.
  • Already getting some significant traction (the top 14 largest market capitalization at the moment)
  • Investors at Stellar include the founders of Stripe, WordPress, and YCombinator.

Deficiency

  • As a payment solution, it basically competes with many other platforms based on the Ethereum blockchain.
  • the crypto is limited, and therefore may fail to become a larger and more stable cryptocurrency.

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OmiseGO

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You may rarely hear about this crypto, and just hear about OmiseGO (OMG) if you ever browsing in 4chan or reddit. This coin is very much there. the fundamentals are solid. OmiseGO is a decentralized payment exchange built on the plasma platform.io. OMG is a token based on ERC20 Ethereum and can therefore be stored on Ethereum's most popular wallet.

The basics of OMG is a slow but steady increase as the product improves. The community and the development team are also very romantic. Their efforts to bring social change with banks that do not have bank accounts is quite commendable.

Advantages

  • Made by a multi-million dollar fintech company, Omise. The delivery team has great potential for follow-up.
  • The announcement of a potential conglomerate partnership is awaited.

Deficiency

  • The ticker is OMG
  • The project is slow to move when compared to other cryptocurrencies of the newborn.

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Nano (RaiBlocks)

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Nano (NANO) is probably the least appreciated crypto, but it has the greatest growth potential. Why is it ranked so high? based on thought, Nano is led by a very talented developer team that has successfully made cryptocurrency transact work. The product is currently the fastest transactions on the market, the tax cost is cheap and as secure as its competitors. The project is touted as a game changer in pure cryptocurrency traction.

Nano is highly undervalued because it used to only exist in two small exchanges, Mercatox and Bigrail. and after having changed the name from Raiblocks to Nano, this project looks more powerful than ever. Despite its slow start, the Nano reached $ 50 million in daily volume with a market capitalization of almost $ 2 billion over time. So far, RaiBlocks has done a bit of marketing and is not tied down, and still manages to enter the top 50 in market capitalization. The fundamentals are healthy and demand will increase in 2018.

Advantages

  • Instant payment at no cost. Actually, this time.
  • Talented developers, strong communities, and growing demand.

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NEO

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NEO also includes the market capitalization currency of this list, but that does not mean it is too big to make some serious profit by 2018. Many people praise this crypto as the next Ethereum. NEO is similar to Ethereum because the focus is using blockchain to develop dApps (decentralized apps) and smart contracts.

When you have NEO, you actually hold the management token on the NEO block chain, which gives you 'options' and access to network parameters. You are basically a shareholder in blockchain, and as shareholders receive dividends, NEO also generates dividends. NEO generates a token called GAS in regular intervals, as an incentive for control of network resources. When the NEO price goes up, GAS also rises. This makes it a very valuable crypto for HODL in the long run, because it's basically like having a stock of dividend payouts.

Advantages

  • Figures are decentralized with support from various Chinese governments
  • NEO pays dividends in GAS form

Deficiency

  • NEO can not be separated, so you can not have less than 1. This will provide a scale challenge when the price goes up.
  • Uncertainty about the direction of NEO leads with the involvement of the Chinese government.

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Request

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When people underestimate about cryptocurrency, some praise occurs in the presence of Request Network (REQ). REQ is very similar to Stellar in its use - it is an agnostic currency payment solution. You can also visit the subreddit to find out more.

REQ coins are highly undervalued at the moment. There's great confidence in the development team, and Colossus's recent launch, major updates within the network are done a few months ahead of schedule. Crypto It was released on December 18, 2017 (expected release is Q1 2018). There is potential for this coin to reach a multiple of 10x.

Advantages

  • As a product, it works very well and is very intuitive.
  • Great development team.

Deficiency

  • Does not have the same industry connection with some bigger coins
  • It has not reached a critical point that indicates a definite success.
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Source : https://fynestuff.com/most-promising-cryptocurrencies-2018/

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Very informative
Thanks for sharing

Upvoted and resteeem

Thanks my friends

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Good analisys