Top 5 Altcoins Expecting Fast Growth In 2018

Want to invest in cryptocurrencies?

If yes is your answer, we would advise you to check out these altcoins expecting fast growth in 2018. So, let’s begin.

Litecoin (LTC)

Market cap, as of Jan. 9: $13,997,004,049 USD

Circulating Supply, as of Jan. 9 : 54,670,458 LTC

Max Supply: 84,000,000 LTC

Creator: Former Google employee Charlie Lee

Litecoin has been termed as the silver to bitcoin’s gold.

Created by Lee back in 2011, called as an alternative to bitcoin. Lee essentially aimed to cut the amount of time required to confirm new transactions.

According to Lee “My vision is people would use Litecoin every day to buy things. It would just be the payment method of choice”.

Litecoin is also designed to produce more coins — it has an 84 million coin limit, versus bitcoin’s 21 million. About 54 million coins are currently in circulation, versus bitcoin’s current 16.7 million circulating supply.

Monero (XMR)

Market cap, as of Jan. 9: $6,087,304,574 USD

Circulating Supply, as of Jan. 9 : 15,578,315 XMR

Creator: Monero’s creator is anonymous.

With Monero, the details of every transaction are recorded on a public ledger, but its untraceable. For Monero there’s no way for anyone else to connect the dots between the sender, receiver or size of the transaction.

There are about 15.5 million XMR in circulation, and, unlike bitcoin and Litecoin, Monero doesn’t have a fixed coin supply.

Ripple (XRP)

Market cap, as of Jan. 9: $97,739,637,232 USD

Circulating Supply, as of Jan. 9 : 38,739,144,847 XRP

Max Supply: 100,000,000,000 XRP

Who created it? Ryan Fugger, Chris Larsen and Jed McCaleb

Former bitcoin developers launched software company Ripple in 2012 and its digital currency, XRP, its called by some industry types as bitcoin’s logical successor.

As said by New York Times “a cross between Western Union and a currency exchange, without the hefty fees” because it’s not only a currency, but also a system on which any currency, including bitcoin, can be traded.

Ripple connects banks, payment providers, digital asset exchanges and corporates via RippleNet to provide one friction less experience to send money globally,” its creators explained.

Ripple has licensed its blockchain technology to over 100 banks. And a new hedge fund recently announced it would be denominated in XRP.

Tron

Market cap, as of Jan. 9: $9,999,445,349 USD

Circulating Supply, as of Jan. 9 : 65,748,192,475 TRX

Max Supply: 100,000,000,000 TRX

Creator: Justin Sun

TRON is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.

On New Years Day of 2018, Tronix overtook the top spot for volume traded on Binance for Alt Coins, including other major players Ethereum, Bitcoin Cash and Ripple.
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It made massive gains (over 30% in a day), showing real wind behind its sails as a cryptocurrency. It jumped from $.03 value to $.06 overnight.

Cardano (Ada)

Market cap, as of Jan. 9: $23,751,089,289 USD

Circulating Supply, as of Jan. 9 : 25,927,070,538 ADA

Max Supply: 31,112,483,745 ADA

Creator: Blockchain developer Input Output Hong Kong (IOHK)

The Cardano blockchain is launched a few months ago and has created massive gains in its coin, called Ada, in November to get into the top 10 cryptos in terms of market cap.

The project began in 2015 and termed itself as the first blockchain network backed by a “scientific philosophy”.

Cardano, while still a relative unknown, is apparently big on private transactions as well as responding to the needs of regulators, making it primed for mass adoption.

Cardano’s framework is still in its “bootstrap era”, and the next phase in its road map is set to launch sometime in the second quarter of 2018. Its framework is still being developed, and it may take time for it to reach the full-fledged smart contract platform.