Year 2017 was a milestone for the crytocurrency market. earlier very few people specially some tech savvy youngster were only aware of cryptocurrency . But in 2017 it bursts like like a bottle of scent and now everyone is asking about the best cryptocurrency to invest in 2018 in India. In this article I have made a comprehensive list of not only top 5 cryptocurrency to invest in 2018 but beyond that.
The people are now aware and most have seen the volcano burst of this market. some of them got rich. some just started and stuck their money in the exchanges . Now everyone is searching for the most stable currency in the world. some question that are searched most : cryptocurrency list 2017, zcash price, best cryptocurrency to invest in India, , Best Cryptocurrency to invest in 2018 in India,best currencies to invest in 2018, best currency to invest in 2017, best currency in the world, best cryptocurrency to invest in 2018 next big altcoin 2018.
Top cryptocurrency list
Its the darling coin of the market . Since its first release in 30 July 2015, its showing great growth rate in the market.It got separated in 2016 as a Ethereum and Ethereum classic. The market cap of Ethereum is $ 45.41 B. Its the leading blockchain platform ICO (Initial coin offering projects) as of 2017 that holds of 50% market share Currently its dancing @$478 (Rs33000-/on Indian exchange)I see this currency as the second bitcoin. this coin can perform very big in 2018. It was very coin to top the chart of cryptocurrency list 2017. One can easily say that it is the best cryptocurrency to invest in now.
Another roaring currency after Ethreum. Litecoin is very similar to Bitcoin (Boss of cryptocurrency), although its not like bitcoin. Litecoin has almost zero payment cost , this makes it unique than BTC. It was released in oct.2011. Market cap has reached $ 8.96 B in 2017 and the trading price is $165 (Rs11500/-) Till November 2017 it has jumped over 3000%. Trends show that it can reach a height in 2018.
it is said to be the most most user friendly and the most on chain scalable cryptocurrency in the world. It currently offers instant transcation , private transcation and a self governing and self funding model that enables the Dash network to pay individuals and businesses to perform work that adds value to the network . It was launched in 2014 as Darkcoin but re branded in 2015 as Dash . This Cryptocurreency has also been backed by the investor funds. Currecnt market cap is $5.59B. this currency is also performing very well on the exchanges and is on the top10 list.current market price is $ 735/ dash. This makes it a dashing coin of 2018.
The main innovation behind IOTA is the Tangle. It uses a directed acyclic graph(DAG), instead of blockchain . IOTA Dag is called Tangle. IOTA cant be mined so it cant be created anymore.It was introduced in 2016 and got funded too. Current market cap is $11.81 B . It is the rising star of crypworld.
Bitcoin Cash :
Hard fork occurred in 2017 of Bitcoin this resulted in bitcoin cash. It should be noted that Bitcoin wallet address and Bitcoin cash address is a different now , so it must be unique address for Bitcoin cash. Soon after launch many cryptocurrency exchange started to accept it. Market cap of BTC cash is $ 23.3 B and the rate is $1383/-. This currency is going to make it in 2018.
Market cap : $13,122,338,576 USD or 1,320,108 BTC
Volume : $609,058,000 USD
Cardano is considered a 3rd generation cryptocurrency, and ranks as of January 10, 2018, at Coinmarketcap.com among the top 10 traded values, with a market cap of $19,726,196,786. The BitMex, Bittrex, Upbit, Binance, Coinnest and Abucoins currency exchanges list Cardano ADA futures.
Cardano was launched by blockchain development firm Input Output Hong Kong (IOHK), led by Charles Hoskinson, former co-founder of BitShares and Ethereum. Daedalus is the official cryptocurrency wallet that supports Cardano. The name Cardano is derived from the Italian mathematician, physician and astrologer, Gerolamo Cardano, and the token, ADA, is named after English mathematician Ada Lovelace. (source :wikipedia) . It could be said that, its the next cryptocurrency to invest in 2018.
Ripple (XRP) :
XRP is the native currency of the Ripple network that only exists within the Ripple system. Its a RTGS , currency exchange, and remittance network. It was actually release in 2012 but made a stable release in 2017. Its been used by many company as well american bank.
Bank relies more on ripple technique over Bitcoin as its secure and very cheap as compared to other network.It got virtual currency licence in 2016 making it 4th company with Bitlicence. Since XRP is built into ripple protocol so requires no mining.
SBI holding(Japan) has partnered with HUOBI to launch a crypto exchange in 2018.Current market price is $0.250165 . Its good to hold for 2018 high jump.
Also read : RBI warns on bitcoin- latest cryptocurrency news
best cryptocurrency exchange to invest in india
List of cryptocurrencies by market cap
Coin Market cap
1.Bitcoin : $168,768,045,070
2. Ethereum : $107,080,726,012
3. Ripple : $43,633,058,722
4. Bitcoin cash : $25,125,197,654
5. cardano : $13,084,225,782
6. Stellar : $9,531,079,450
7. Neo : $9,228,960,000
8. Litecoin : $8,837,776,391
9. EOS : $7,396,502,424
10. NEM : $6,787,916,999
(source : coinmarketcap.com)