Value for money: top 5 prospective cryptocurrencies
Grasp an opportunity! Top 5 prospective and cheap cryptocurrencies
Still kicking yourself for having lost a chance to buy Bitcoin in 2009? Say no to long face and better get a life. For example, you can take a closer look at new cryptocurrencies for the cheapest price ever in spite of their prospects.
Let’s touch upon a sore point. Far back in 2009, 1 BTC cost $0.001: merely nothing for an unknown and suspicious digital asset. Later, in 2017, the globe went wild: its price surged over $20 000 making someone as pleased as Punch while others — shed crocodile tears. Good news is that any cryptocurrency may follow the steps of the famous BTC.
At early stages of its development, any digital assets would be cheap, but it doesn’t mean they are worth attention. Actually, very few of them may skyrocket and bring their holders a fortune. One of the main challenges of crypto investors and traders is sorting real crypto diamonds out of tons of fakes. Let us observe some new and already well-known cryptocurrencies more attentively and what is most important find out a general rule of selecting precious diamonds.
Keep eyes open
Any beginning investor may find something to park in a cheap cryptocurrency (one day try to walk to the office instead of getting sweaty in a stuffy subway). However, do not build up hopes of becoming a millionaire in the future. Really worthy cryptocurrencies possess particular features you should look at.
So, which cryptocurrencies can be ranked as prospective?
· With a high rate of market cap. It shows coin’s stability on the market, which is far more important than its current price.
· With high daily returns. Active use of a token proves its popularity. Cheap and popular cryptocurrency? That’s what we’ve been looking for.
· With fast transactions. If their speed is considerably higher than other coins’, this crypto is going to be a leader (just because more people will use it).
· With highly protected privacy. The main principle of cryptocurrencies is anonymity. Anonymous tokens are the most demanded.
· Offering a unique technological solution. Coins that develop the technology, make transactions more user-friendly, propose something new and unique (meanwhile, simple forks are withdrawn into the shadows).
Food for thought: not all cheap cryptocurrencies would at the same time grow in price. Fast! All in all, learn to be patient and as cool as a cucumber.
Exercise one: having skimmed through the following five cryptocurrencies, wait before buying them here and now. Think. Think twice. Remember it’s just an article to ponder on.
Top 5 prospective and cheap cryptocurrencies
Ripple: popularity and frenzied activity
The aim of the project is the simplification of financial operations, particularly between a client and a bank. Ripple enables more transparent and faster transactions. The project is much spoken about and paid attention to. It develops and attracts new partners. There are about 300 of them, including IDT corporation and MercuryFX payment service.
The headquarter is located in Silicon Valley. The cryptocurrency ensures quick transactions and a high safety level.
Ripple cap: $21.4 m
Currency exchange: $0.53
NEM: fast and cheap
The system allows P2P messaging, fast-paced transactions and own project launching. It is the Chinese who created this cryptocurrency. That is why it’s more popular in Asia than in Europe, but it shows a growing potential.
The platform based on smart contracts allows to conduct hundreds of transactions per second. It uses a Proof of Importance algorithm. 9 bn tokens have been produced.
NEM cap: $869 m
Currency exchange: $0.096
Eos: milliard of transactions per second
Stability and value for money are two main advantages of this comparatively new cryptocurrency. Based on a Blockchain protocol, it emerged in 2017. The system is incredibly quick: a milliard of transactions per second. Its distinctive feature is a large cap and considerable daily returns — 2.3 bn per 24 hours.
Moreover, Eos gives an opportunity for creating and changing decentralized apps.
Cap: $5.15 bn
Currency exchange: $5.68
Dogecoin: more than nice doggies
Has been present on the market since 2013 and is credited to be a stable cryptocurrency. Based on Litecoin, this crypto was named after a Japanese dog meme. The number of coins is not limited, it can be used in any way: in most cases, for charity, as a payment means for goods or online services. Dogecoin daily returns are estimated at $31 m.
Dogecoin cap: $426 m
Currency exchange: $0.0036
ZCash: under the mask of anonymity
Allows fully anonymous transactions, which brings it popularity: the average number of transactions with ZCash is 15% of its cap.
ZCash blocks are generated more quickly compared to Bitcoin that is a base of the cryptocurrency protocol. ZCash creators frequently come up with updates and news, so there is enough information to learn. Opinions of the currency fluctuations analysts differ: the cryptocurrency is expected to grow by $500–2000 within the upcoming year.
ZCash cap: $668 m
Currency exchange: $129
Conclusion
We do not hesitate that you would like to get millions for pennies. Be aware that there are lots of cryptocurrencies on the market, but take care of yourself and risk wisely. We mean do not park all the money in a currency that looks prospective. What is more, scrutinize any useful information. It may happen that you find hidden treasure.
We wish you luck!
