2017 proved to be the year of Cryptocurrencies, The Bitcoin which is considered to be the King of Cryptocurrencies hit a high of US $ 19,500 and many of the altcoins like Litecoin, Ripple, Monero, and Dash showed a remarkable growth in their prices. People started to trust market of cryptocurrencies and have started investing with how much they can afford to lose.
Majority of the crypto holders invested in Altcoins to earn the significant amount of Bitcoin or Ethereum (Top two Cryptocurrencies). The Year is expected to be the year of Altcoins for cryptocurrencies investors.
After researching a lot here are the top 5 picks of Altcoins this year.
1. Ripple (XRP)
Founded by Chris Larsen and Jed McCaleb and introducing one of the most advanced blockchain technology, the most accessible and centralized digital assets having top corporations on board and a working product is expected to cross US$ 700 in January 2019.
2. Tron (TRX)
Tron is a decentralized cryptocurrency based on Blockchain technology founded by Justin Sun who is a protégé of Jack Ma (The founder of Alibaba). The basic currency Tronix targets content liberation and integrating gaming platforms for rewarding Tron. The coin is expected to hit US$ 10 by the end of this year.
3. Cardano (ADA)
Cardano a decentralized Blockchain technology established to improve and tackle the issues in smart contracts. The coin is currently valued at US$ 0.40 and is expected to earn a value of US $ 10 by its development.
4. Verge (XVG)
Verge is a super anonymous cryptocurrency offering public ledger and private ledger transactions enabling the user to switch privacy mode on or off by using its Wraith protocol. The main focus of verge is secure anonymous transactions. The XVG currency is currently valued at US$ 0.079 and is expected to reach a US $ 5.00 by the end of this year.
The block-less ledger based currency based on tangle ledger planned to improve the way of a transaction for the Internet of Things and improve resource sharing amongst the internet users. The tangle based technology enables Micro and Nano transactions without any transaction fees.The Coin is valued at US$ 2.07 and is expected to reach US$ 30+ by the end of this year.
These are the top five pick of Altcoins of the few valuable cryptocurrencies, I am sure there is much more to look forward, Happy HODLing..!!!