The huge popularity cryptocurrencies got over the past few years, led to the birth of hundreds of new cryptocurrencies. This makes it extremely difficult for newbies and investors to decide where to put invest in. Although it’s never a good idea to make bold statements on what the future price on a certain coin will be, we will try to give you an alternative despite bitcoin what we think is a good investment option.
1. Ethereum
This is the second most popular cryptocurrency in the world. Many even prefer it over Bitcoin. The technology behind it far superior to other cryptocurrencies. Ethereum is a blockchain platform where contracts, agreements and so on, can be structured on. This way you can avoid the middle-men and the entire contract will be coded on the platform. The technology is very complex and but it’s important to learn the basics first. Also, you can build decentralized apps on Ethereum’s platform. It is not just a way to send and receive money, that’s why is so great.
2. Ripple
Ripple and Ethereum often fight for the second place on the market cap list. In just a year, Ripple skyrocketed by 30.000% from $0.00065 in January to $2.47 in December. Unlike Bitcoin that tries to avoid banks, Ripple does the contrary. Its technology allows banks to make fast transactions globally with extremely low costs. The team behind Ripple develops a great platform and that’s why it has huge investment potential.
3. Stellar
Stellar is also blockchain –based. It allows for people and businesses to make international payments effortlessly. It’s basically the same idea as Ripple with a different core technology. Stellar has a market cap of more than 13 billion US dollars.
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