Top 5 Altcoins to Watch in 2018
As Bitcoin is starting to show signs of life again, we wanted to highlight some Altcoins that could go big in 2018. It’s always important to know Altcoins often are associated with higher risk. Approach these with caution, but understand with higher risk comes higher reward. Here are 5 Altcoins that are positioned well for the future:
VEN (VeChain) - VeChain is looking to become the top distributed business ecosystem and is led by CEO Sunny Lu (former CIO of Louis Vuitton China). They are making a compelling case with a power lineup of confirmed partnerships that include PwC, Kuhne + Nagel (Massive Global Freight Company), BMW, and China Unicom. The team is offering varying levels of nodes to those who lock in large portions of VEN, which will enable higher staking bonuses of THOR (similar to NEO/GAS relationship). VEN trades at $3.83 on Binance and is starting to rally after getting beat up the past couple weeks.
NANO - NANO (formerly Raiblocks) saw a massive surge around the turn of the year, trading as high as $37 at one point. The price took a big hit with the recent bear market alongside a BitGrail exchange hack (which had nothing to do with NANO tech, but was the fault of an incompetent exchange operator). Recently, the price has been steadily rising and Twitch embraced NANO as a means of donating crypto to streamers on the Twitch platform. Thanks to it’s unique block lattice architecture, NANO already offers feeless, instantaneous transactions, as well as unlimited scalability, making it ideal for peer-to-peer payments. NANO trades at $11.77 on Binance, and offers an extremely diversified holding in block lattice technology that is starting to get the credit it deserves.
EOS - EOS is building a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications. They have been running a unique year long ICO and will release their mainnet in the coming months. Projects such as Everipedia have committed to airdroping tokens that launch on the EOS network for free to those who hold EOS. Currently, EOS trades at $6.13 on Binance and Bithumb and it should be exciting to see how the mainet launch and future airdrops play out heading into June.
NEO - NEO has emerged as one of the strongest altcoins due to it’s committed team, large community and its strong positioning as the cryptocurrency of China. They have further solidified that positioning in China with the recent formation of the G3 alliance alongside ONT and ELA, and the country continues to show a strong commitment to innovations in the blockchain space. Holding NEO on Binance receives monthly GAS payouts, which you can calculate here. NEO trades at $91.32 at the moment on Binance and Kucoin.
XMR (Monero) - Monero is the leader in private and censorship-resistant transactions and has been for a few years. A team of researchers at Princeton recently found it to be the only truly untraceable coin. Moving towards the future of the space, XMR may prove to be immensely valuable to many who are looking to truly move in silence, and no other coin offers this at the moment(according to Princeton). XMR has a strong dev community and trades at $284 on Bittrex at the time being and is the strongest of the privacy coin holdings available.
The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.
