This year is characterized by a surge in the popularity of cryptocurrencies. During the first half of the year, there was an amazing dynamic of the digital currency, characterized by an increase in value. Such events aroused great interest, many members of the public consider cryptocurrency as an effective investment tool.
After the emergence of the world's first cryptocurrency Bitcoin in 2009, many similar monetary systems began to appear. Today there are about 800 of them.
In order to navigate in such a quantity, it is worth considering the current rating of cryptocurrencies in 2018, which have a higher level of capitalization and a high rate at the time of publication.
More on the topic:
10. Stratis
Course: $ 16.30
Capitalization: $ 1,593,187,562
The Stratis cryptocurrency is in 10th place, but they predict a significant increase in popularity for it in the near future.
The development of this currency is based on the blockchain system, its authors set themselves the main goal - to create the simplest and more accessible currency.
A characteristic feature of Stratis is a unique platform that is convenient for working with corporate applications. A team of programmers has developed a flexible closed-source blockchain system. They took advantage of the latest updates, which provided more reliable security.
The platform allows developing applications in C # and .NET, which attracts companies interested in using cryptocurrency. Users benefit greatly from the secrecy of transactions.
The Stratis cryptocurrency is developing rapidly, there is a tendency for a significant increase in the rate and popularity among its counterparts.
9. Monero
Course: $ 345
Capitalization: $5 383 948 041
Monero appeared 3 years ago, and during this period it was able to get into the top 10 most popular cryptocurrencies in 2018.
Monero is a standalone cryptocurrency and is not a fork of Bitcoin. The main goal of its creators is to ensure the maximum anonymity of users' personal data during transactions, which is guaranteed by the CryptoNote protocol.
The unique CryptoNote code uses ring signatures with one-time keys when making money transactions.
The surge of interest in this currency occurred 2 years ago (summer 2016), when unofficial network markets began to use it as a means of payment.
Monero is considered a promising currency that attracts investors with its potential. Developers are improving it, using new cryptocurrency technologies.
8. IOTA
Course: $ 3.07
Capitalization: $8 540 644 035
IOTA appeared at the beginning of 2014, it is a unique type of cryptocurrency that is distinguished by its originality. It entered the top list of cryptocurrencies and its value has confident prospects, as evidenced by a fairly impressive amount of capitalization.
The main task of the IOTA developers is to create the Internet of Things, in other words, to provide communication with gadgets on the Internet. It is a crypto token optimized for using the Internet of Things as a means of payment.
The development of IOTA crypto coins is based on the Tangle consensus method.This decision was made by the creators to provide users with free transactions. They also took care of increasing the speed of cash transactions. After all, it is known that with currencies based on the blockchain system, there is a decrease in the speed of transactions, and the commission for their execution increases.
7. Dash
Course: $ 900
Capitalization: $6 980 825 563
The founder of the Dash cryptocurrency, the development of which he took up after the appearance of Bitcoin, set a goal - to make the privacy of users' personal data more reliable.
The new cryptocurrency has the following characteristics:
- The extraction of new crypto coins does not require too much energy resources.
- Each user has equal rights and opportunities to participate in the development of the monetary system.
- Using not one, but a group of algorithms.
Thanks to the PrivateSend service, transactions are mixed and split into equal parts. After that, the amount of crypto coins is sent to the recipient's wallet.
If today the Dash cryptocurrency in the list of the most promising cryptocurrencies in 2018 is held in 7th place, it is possible that very soon its rating will jump to higher positions. This conclusion suggests itself as a result of analyzing the dynamics of the exchange rate: over the past month, it has increased by 10 times.
6. NEM
Course: $ 1.13
Capitalization: $ 10,154,281,280
NEM is a Japanese digital currency, created in 2015, is widespread in Japan and is gradually gaining its followers from other countries. Its development, based on the private Mijin network, was intended for use in banking transactions. It attracted the attention of Japan's largest bank (SBI Sumishin Net Bank), which has been carefully studying the capabilities of the Mijin system for three months. An interesting positive moment is observed here - the high speed of transactions: about 3 thousand in 1 second.
A distinctive feature of this cryptocurrency is the use of original open source code and the use of interesting innovations, in particular, the POI algorithm.
Despite its low cost, the potential of this cryptocurrency is quite high. If you expand it to the countries of the Asian continent, you can count on success. It is impossible not to notice a fairly high rating of the capitalization of cryptocurrencies, which also confirms the trend towards an increase in the popularity of NEM crypto coins.
This digital currency is attractive for experienced traders who prefer to save assets until the right moment, focusing on the long term.
5. Ethereum Classic
Course: $ 33
Capitalization: $3 254 056 501
Ethereum Classic is a hard fork of the Ethereum cryptocurrency. Cryptographers disconnected part of the blocks from Ethereum after an error in the system, which was used by computer fraudsters, carried out a hacker attack and stole one third ($ 50 million) of the cryptocurrency treasury.
Ethereum Classic was created with the goal of keeping the Ethereum blockchain unchanged. The cryptocurrency works according to the previous algorithm adopted in the development of Ethereum, and has managed to achieve decent rating positions.
Ethereum Classic is on the list of 2018 cryptocurrencies for mining: it is much easier to mine than Bitcoin. Miners are not required to build large-scale farms, spend huge money on energy resources and rent premises for the miner. To obtain new cryptocoins, an ordinary powerful PC is enough.
Despite the low rate of Ethereum Classic, one cannot deny its prospects. Crypto traders see it as a real option to make money on exchange trading, and investors see it as a tool for profitable investments.
4. Litecoin
Course: $ 206
Capitalization: $11 292 850 279
Litecoin was created at the end of 2011 as a fork of Bitcoin.
The intention of the author of Litecoin is to develop a cryptocurrency that would become an alternative to Bitcoin.
It has some differences from MTC:
- The emission of crypto coins is significantly higher than Bitcoins (84 million LTC).
- Transaction is four times faster (in just 2.5 minutes).
In the miner's community, Litecoin is called “digital silver” (Bitcoin is “digital gold”). Litecoin is stable and does not lose its popularity; it is included in the top 10 cryptocurrencies of 2018 in terms of capitalization.
It has a lot in common with MTC:
- A similar mining method.
- Lack of centralized management.
- Limited emission.
- User anonymity.
- Inability to cancel the transaction.
- Keeping crypto coins in an electronic wallet, which is part of the entire monetary system.
To become the owner of new Litecoins, mining is used, which requires powerful computers. As a result, for every correct decision, the miner receives a reward in the form of digital coins.
You can also earn them using the faucets that are offered by many services. You can buy or exchange digital coins at cryptocurrency exchanges and in exchange offices.
3. Ripple
Course: $ 1.68
Capitalization: $65 122 408 104
Ripple is a full-fledged digital money system that appeared in 2012. Its authors pursued the goal - to create a system with maximum security of transactions at any scale. They managed to achieve an amazing effect. Through the use of distribution ledgers, reliable security is guaranteed for users of the Ripple cryptocurrency.
It occupies the first positions in the rating, its popularity is so wide that such well-known companies as UniCredit, UBS, Santander, Fidor, Westrn Union b and the Commonwealth Bank of Australia are interested in it.
The Ripple protocol is used in the work of banks, payment networks. The ability to make fast money transfers with a low commission, not to lose money when converting currencies, attracts users. All this contributes to positive forecasts regarding the development of this monetary system.
2. Ethereum
Course: $ 1 100
Capitalization: $106 349 358 908
Ethereum, a cryptocurrency that appeared only 2 years ago, has won the trust of users so much that it took the second step in the ranking of the best cryptocurrencies of 2018.
When developing Ethereum, blockchain technology was applied. The creator of this cryptocurrency took care of improving this system and introduced smart contracts into the development, which open up wider opportunities for use in various fields of activity.
An open platform makes blockchain work much easier. This fact was noticed and appreciated by such well-known companies as Microsoft, IBM, Acronis, Sberbank.
Ethereum is a more advanced system than Bitcoin. It introduced an alternative legal system that excludes the intervention of lawyers or the judiciary. It is a special open platform for guaranteed computing.
1.Bitcoin
Course: $ 12,000
Capitalization: $200 402 547 335
Bitcoin is the world's first digital currency, created in early 2009. According to one version, its author is the Japanese programmer Satoshi Nakamoto. There are opinions that a group of developers is hidden behind this name.
The appearance of this currency turned the consciousness of people upside down, opened a new vision of the nature of money. Cryptocurrency is a serious alternative to the traditional financial system. Experts believe that due to its unique qualities, it could claim the status of a world currency.
Bitcoins (BTC) are capable of performing all the functions of conventional paper money in terms of transactions. More and more objects of trade and services are entering it into the list of currencies suitable for payments for a purchase or service. Along with striking similarities to fiduciary money, Bitcoin has a number of distinctive features:
- Decentralization - no control center.
- Openness of transactions.
- There is no state control.
- User anonymity.
- Inflation has been eliminated due to limited emission of up to 21 million BTC.
Thanks to the availability of open source, programmers use it to create many new cryptocurrencies. But Bitcoin is firmly at the forefront and is considered the most successful digital currency in the world.
Cryptocurrency is gradually conquering the minds of people who are interested in everything new, which can positively affect the quality of life. The cryptocurrency is attractive for its ease of handling, preservation of confidentiality and security. Capital owners see it as the most promising area for investment.