No doubt that Bitcoin, Ethereum & other top known cryptocurrencies are the best coins to invest but here are the Top 10 Cryptocurrency Investment Picks 2017
AtoZForex – The price of Bitcoin has surged more than 600% with a total volume of over $65.02 B in the last 1 year. Also, the same happens with Ethereum and other major cryptocurrencies too. Now the question is whether there is sufficient scope in investing in cryptocurrencies. Is it still worth to invest in cryptocurrency market or stay away from it?
So, the answer is YES!!! There is a huge scope for investment in terms of returns in cryptomarket as it’s just the start. The blockchain network is considered to be in the initial stage of development.
Top 10 Cryptocurrency Investment Picks 2017
Here, I have selected the Top 10 Cryptocurrency Investment Picks 2017 which is least known, some of them are under a dollar but have huge potential to rise in future. I suggest investors the do a bit more research before investing your hard earned money in cryptocurrencies. Also, diversifying your investment is the best idea for proper risk management. So, Here are my Top 10 Cryptocurrency Investment Picks 2017 you should focus on.
IOTA is a new virtual currency in the crypto world that is focused on Machine to Machine(M2M) transactions. Also, it is the first cryptocurrency that provides the whole ecosystem based on the block less blockchain. Moreover, the IOTA enables companies to explore new business-2-business(B2B) models by making every technological resource a potential service to be traded on an open market in real time, without any fees.
Also, IOTA is currently trading at $0.5364 per IOTA with the market cap of $5.08 M. IOTA blockchain technology is different from others because it promises to provide the completely free transactions system. If in future, lot’s of people are going to use it than a huge hike in price might be seen in IOTA coin.
Bitshares is a real-time trading platform that you can use to convert cryptocurrencies into BitUSD when you get anxious about the market fluctuations. The price is Bitshares is approximately Ƀ 0.00001300 and has surged 56.42% in last 1 year with the market cap of Ƀ 721.23K.
Bitshares chart (source: Cryptocompare)
The BitShares platform itself run and maintained by the BitShares community– an open consortium of individuals and organizations committed to providing universal access to the power of smart contracts.
The PeerCoin is currently trading at $1.38 per PPC (during the time of writing this article). Moreover, in the last 1 year, the price hiked by $348.12% with a total volume of over $ 109.19M.
PeerCoin(PPC) source: Cryptocompare
Peercoin was launched in 2012, making it one of the oldest and most reliable cryptocurrency networks in existence. Most importantly, the Peercoin was inspired by bitcoin, and it shares much of the source code and technical enforcement of bitcoin.
The Zcash is currently trading at around $250 per ZEC with a market cap of $592.59M. Currently, there are 2,353,793.8 coins circulating in the market having a limited supply of 21,000,000. In the last 6 Months, the price of Zcash surged by 288.51% with a total volume of over $ 1.15 B. Investors can focus on long-term goals if they prefer to invest in Zcash as the supply is limited, no ASIC mining etc.
ZCash is a privacy driven cryptocurrency. It uses the Equihash as an algorithm, which is an asymmetric memory-hard Proof of Work algorithm based on the generalized birthday problem. It relies on high RAM requirements to bottleneck the generation of proofs and making ASIC development unfeasible.
Tezos was started in the month of January this year and currently trading at approximately $2.5 per Tezos. Also, you can observe constant growth in Tezos(XTZ) since the launch.
Tezos(XTZ) chart (source:Cryptocompare)
Tezos is a decentralized blockchain that governs itself by establishing a true digital commonwealth. It facilitates formal verification, a technique which mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts.
Dogecoin is currently trading at approximately $0.001060 per Dogecoin with a market cap of $118.9 M. Total 111,406,580,736.2 Dogecoin are in supply in the market with a maximum cap of 100,000,000,000.0 coins. In the last 1 Year, the price surged by 358.68% with a total volume of over $ 25.05 M.
Dogecoin is a decentralized, peer-to-peer digital currency that enables you to easily send money online.
The price of Ethereum classic moved to 976.72% in 1 year with a total volume of around $1.96 B. It is currently trading at $ 12.5 per ETC. Investors can invest on Ethereum classic as technically and fundamentally it is outperforming. As of now, I could expect a growth of 50-70% in next 1 year.
Ethereum Classic is an attempt at keeping the Ethereum blockchain unaltered by the part of the community that opposed the hard fork and the return of The DAO funds.
The price of DigitalCash is trading around € 263.11 ($308.64) with the market cap of € 2.0B($2.35). In the last 1 Year, the price surged by € 263.08 (822.13 K%) with a total volume of € 106.85M. As you can check the data above, the prices are constantly moving since the time of launch. I expect an upside of 45-50% in short-term for DigitalCash.
DigitalCash (DASH) uses a new chained hashing algorithm approach, with many new scientific hashing algorithms for the proof-of-work.
SysCoin is currently trading at Ƀ 0.00003019 with the market cap of Ƀ 15.94K. The total supply is limited to 2,000,000,000.0 with currently 528,035,342.0 SYS coins in circulation in the market. In the last 1 Year, the price hiked by Ƀ 0.00001556 (106.36%) with a total volume of over Ƀ 163.93K.
SysCoin charts (source: Cryptocompare)
SysCoin is a proof of work based alternative cryptocurrency with a block time of sixty seconds and 2 billion total currency units to be produced.
On the 15th of February 2016, DogeCoinDark re-branded to Verge. Moreover, they have only changed the name the technology remains the same. The coin is currently trading at $ 0.007500 with the market cap of $ 105.65M.
In the past 1 year, the price surged by $ 0.007475 (29.89 K%) with a total volume of $ 21.29K.
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