As the world economy and business continue to grow, people are not just committed to making their transactions on digital currencies, but even studying the technology behind them. The future of cryptocurrency is bright, so investors are expected to change their traditional relationship with their money in order to understand and realize its benefits.
1) Ethereum
Ethereum is the “dollar” of the cryptocurrency space due to its enormous market cap. Ethereum is the “cryptocurrency” that can also store your traditional currency, such as dollars and euros. Ethereum has demonstrated that it has immense potential to surpass your financial institution as the preferred cryptocurrency for consumers and businesses alike.
2) Litecoin
The Litecoin coin is a relatively niche coin for the cryptocurrency industry, but in recent years the coin has seen exponential value growth. Litecoin is actually on track to become the largest cryptocurrency after Bitcoin. Litecoin is known for its speed which is valuable for anyone looking to transact with velocity to improve their payments. The Litecoin coin can also avoid a wallet fee which is crucial for those that wish to lower their dependency on traditional banks.
3) Bitsum
Bittoken is arguably the largest currency within the coinbreak dotcom bubble. The biggest popularity would seem to be attributed to the market cap of the coin that is presently at a whopping $14bn. These types of extreme price increases are due to the countless crypto millionaires using their own resources to purchase the coins. The largest Bitcoin was minted of December 8th, 2017 and is now known as the “Big Bitcoin”, this is due to the massive market cap being created through the number of currency made.
4) Tezos
This blockchain-based coin is probably the most recognizable in the cryptocurrency industry. Tezos originally began life as a cryptocurrency protocol but is today utilized as a protocol to transact. Tezos features built-in algorithms and logic that can be executed by applications that need to be executed to operate. Tezos is currently the fourth largest cryptocurrency on the market, with an enormous market cap of $7bn.
5) Binance
Binance is the largest crypto platform in the cryptocurrency industry, it has become a part of the cryptocurrency software stack by a majority of major cryptocurrency companies. Binance, the “bitcoin” of the crypto world, also offers a lot more security than Bitcoin due to the global reputation of the technology it offers. Binance was the first time Bitcoin was only used as its main currency however, Binance has expanded to become the leading cryptocurrency as of 2018.
6) Coincidenity
Coincidenity has seen some impressive value, its market cap is currently at a massive $8bn. This coin is the only coin that can pay individuals a salary of $1,000, it also offers 2.75 times more transaction throughput than Bitcoin.
7) Bitfinex
Bitfinex has gained a considerable value by merging the 2 financial systems that were separate from each other prior to 2018. The merger became effective in November 2017.
8) Ripple
Ripple is a crypto company that has made Bitcoin bigger by merging it into the blockchain protocol it holds popular with the cryptocurrency crowd. Ripple is a bit more open and decentralized than other cryptocurrencies, it’s been accepted as a default transaction middle-man by reputable financial institutions as of 2018. Most of Ripple’s exchanges have closed as the Coinmarketcap market grew, Ripple established a new blockchain platform called Zillqa that enables users to easily transact in the open market and save their money from currency depreciates.
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9) Chainlink
Chainlink was founded in March 2017, it launched its first cryptocurrency, Chainlink Go, on November 3rd 2017. Chainlink’s financial stability coin’s structure is relatively straightforward, it is a cryptocurrency for electronic cash, the coins will then be the first block reward used in decentralized bitcoin transactions, this coin then becomes a self-governing coin and will eventually be turned into a scalar known as zwick.
10) Stellar
Stellaris what’s left of the bitcoin format it will eventually become. Stellar is the most accurate cryptographic cryptocurrency on the global scale to date, it has been backed by bitcoin’s creator Satoshi Nakamoto. It’s been the most accurate and commonly used cryptocurrency since the inception of bitcoin.
11) Backyardcoin
Backyardcoin’s advanced level security, more stable than the rough draft of bitcoin, and domain to the online mining community have seen this coin gain a solid value. It is currently at $1.1bn.