CANBERRA, Australia – The first quarter of the year was tough for the cryptocurrency market with many traders questioning if it is still feasible to invest in 2018. Apparently, there is still hope as investors are now getting ready to identify the next big thing in crypto coins. The top three coins have a lot to offer, but there are several altcoins that may be potentially ready and worth capitalizing on.
Ranking 11th in market cap, the IOTA (MIOTA) crypto coin is presently displaying notable growth patterns with minimal declines. Investors are attracted to this altcoin due to its mainstreaming potential and possible broad adoption. Partnering with giant companies like Bosch, ITIC, and VW, the future is certainly looking good for MIOTA. The present value for this altcoin is $0.97.
If there’s one crypto coin that an investor should keep track of, it’s Stellar. Headed by Jed McCaleb, the Stellar crypto coin with its Stellar Consensus Protocol (SCP) offers a cheaper and faster way to develop custom-made financial applications. Today, Stellar (XLM) is priced at $0.20, but with its bright future ahead, it could still go up to $1.
Another altcoin eyed by traders to invest in 2018 is the EOS. It boasts a blockchain-based platform aimed at providing great tools for structuring decentralized applications. EOS’s technology is user-friendly, and coding doesn’t require learning new languages. What made this cryptocurrency very popular is its Bitcoin and Ethereum tag of “best of both.” The trading price for EOS starts at about $6, and it is expected to rise shortly.
Transforming the management and supply chain is the ultimate goal of VeChain (VEN). It provides a faster and more transparent tracking technology that may be the key to a rather massive expansion of the supply business. It is foreseen to join the mainstream soon with its upcoming partnerships with LogSafer, BMW, and more. It is currently priced at $2.4.
NEO is another altcoin aimed at providing decentralized applications much like Ethereum but with a more enhanced infrastructure. Due to its significant influence in China, it is considered one of the top altcoins to watch out for. As of today, NEO trades at approximately $47.
Looking at the projects mentioned above, investors are expecting the value of the coins to continue growing every day. There is no question that cryptocurrency traders made the right decision when they decided to invest in 2018.