Bitcoin price is falling, Ripple price forecast shows signs of developments, Ethereum is looking to take surpass Visa transactions. So, let's share the list of Top 10 cryptocurrency 2017
18 November, AtoZForex – Cryptocurrency or virtual currency is trending payment and investment asset nowadays. More investors are interested in investing their money on these cryptocurrencies in 2017. The increased demand of cryptocurrency surged its prices a lot. Investors are seeking to invest in cryptocurrency rather than investing in penny stocks, mutual funds and some investment or retirement plans. Here, I have shortlisted Top 10 Cryptocurrency 2017 which might have better scope in future.
Top 10 cryptocurrency 2017
There are more than 5000 cryptocurrencies in the world but I am going to shortlist the Top 10 Cryptocurrency 2017 according to market cap, demand, future scope and value investment asset.
As expected, the Bitcoin is in the top of the list with a market capitalization of $128,359,245,597 . It was invented by Satoshi Nakamoto (some beleive that Satoshi was actually not one person but a group of IT / banking specialists) at the time, it was the only virtual currency available in the market. You can buy 1 BTCUSD Bitcoin US Dollar by paying $7692 (18 November 2017) as its the costliest virtual currency in the market accepted and legalized in many countries. See the countries where bitcoin is legal and also countries where bitcoin is illegal.
If you don't have $7690 don't worry, investors can also buy satoshi which is the smallest part of bitcoin.
The Bitcoin miners are the key to Bitcoin security and miners are responsible for the creation of new bitcoins. But keeping you Bitcoin safe is the most important thing to do after buying bitcoin. You should also follow other Bitcoin news.
Ethereum is #2 on our Top 10 cryptocurrency 2017 list. It is a platform built for smart contracts that is controversial due to its recent hard fork which resulted in diverging blockchains. The market cap of Ethereum is $32,157,651,120 with a price of around 336.66 US Dollars.
#3 Bitcoin Cash
Bitcoin Cash is a breakaway part from Bitcoin, which is now a separate cryptocurrency itself. Bitcoin Cash has a market cap of $21,898,987,947, while you can buy one BCH for $1,303.
BCH especially started appreciating once the Bitcoin fork failed in November 2017.
On our top 10 cryptocurrency 2017 list Ripple stands as the 4th Best Cryptocurrency to invest. Ripple is a real time gross settlement system network by ripple. It was introduced in the year 2012. Meanwhile, it has a market cap of $8,748,471,371. You can buy one unit with a price of around $0.2265.
It's also an open source pear-to-pear digital currency same like Bitcoin. The market cap of Litecoin is $3,642,128,063 with a value of around $67.60 for 1 Litecoin.
Dash, formerly known as Xcoin and Darkcoin and is open peer-to-peer virtual currency. It was introduced 3 years ago. Meanwhile, Dash has a market cap of around $3,439,084,884 at the time we wrote this outlook. One dash costs $446.86.
You want to see how much prices have changed? This is the Cryptocurrency price list for 28 January 2017:
NEO is a non-profit community-based blockchain project. The project utilizes blockchain technology and digital identity to digitize assets, to automate the management of digital assets using smart contracts, and to realize a "smart economy" with a distributed network. NEO has a market capitalization of $3,126,051,500 while you can get one NEO for $48.09.
The main innovation behind IOTA is the Tangle, a new blockless distributed ledger which is scalable, lightweight and makes it possible to transfer value without any fees. Contrary to today’s Blockchains, consensus is no-longer decoupled but instead an intrinsic part of the system, leading to decentralized and self-regulating peer-to-peer network. IOTA has a market capitalization of $2,133,859,296 while you can get one IOTA for $0.7677.
Monero is an open-source virtual currency introduced in April 2014 that focuses on privacy and decentralization. Moreover, the market cap of Monero is $1,985,971,808 with a value of around $129.22 for a unit.
Though NEM is last in the list but it is performing well. Moreover, NEM launch was on the 31st of March 2015. Nem runs in Java platform. The market cap of NEM is $1,742,634,000. Meanwhile, you can get one NEM for $0.1936.
Finally, last place on our Top 10 cryptocurrency 2017 list stands Ethereum Classic. Although it as not so famous, it has a market cap of $1,735,258,382 and value of $17.79. Just in May, Ethereum Classic was the 6th most precious currency to invest in.
The Augur has a market cap of $319,810,191 and price of around $0.706681 per unit.
The Augur has a market cap of $272,572,300 and price of around $24.78 per unit.
Think we missed something? Let us know in the comments section below.