According to the bull market of 2017, the biggest profit to investors was brought by alternative digital currencies. However, not all altcoins are the same. Every day we are learning more and more about fake ICO’s and scammers trying to draw as much as possible money out of investors. Nevertheless, among the variety of dubious crypto projects there are several good ones, and they definitely deserve our attention.
- Price for 22.05.2018: $12,44
- Market capitalization: $1 268 184 833 USD
- Volume (24h): $26 467 000 USD
- Total Supply: 140 245 398 OMG
Fundamentals show that this cryptocurrency has a rich potential to growth. If we compare its current value, market capitalization, trading volumes and aggregate supply with Ethereum (ETH/USD) or Litecoin (LTC/USD) indicators, it will became obvious that OmiseGO OmiseGO (OMG/USD) is at the earliest stages of its growth and development.
The last few weeks were not very successful for the cryptocurrency, but investors do not worry about it. For a number of reasons, OmiseGO has a solid foundation. OmiseGO is rapidly becoming popular in South-East Asia, as evidenced by the contract recently signed with representatives of the banking industry of South Korea.
London Block Exchange recently added OmiseGO to the list of traded cryptocurrencies. Obviously, the development of the project will not stop there - its developers are planning to capture the main market share in South-East Asia. Along with the increase in the prevalence and popularity of cryptocurrency, there is a high probability that the price of OmiseGO will increase significantly. Cryptocurrency is supported by an experienced team known for their results. One of OmiseGO’s advisory council members is Vitalik Buterin, creator of the Ethereum platform. This is the only cryptocurrency besides ETH to which he is linked.
- Price for 22.05.2018: $0,32
- Market capitalization: $5 945 677 237 USD
- Volume (24h): $29 112 400 USD
- Total Supply: 103 966 327 161 XLM
Stellar is another example of an excellent cryptocurrency with rich growth potential in 2018.
Like other digital currencies, over the past few weeks, Stellar has significantly fallen in price. However, with it's solid fundamentals, it is quite capable of bringing a profit to investors which will likely eclipse last year's results.
Stellar is a decentralized, hybrid blockchain infrastructure that allows global, cross-asset transfers of value, where all users, from ordinary users to payment networks or financial institutions, have equal access and economic participation, making them one of the most unique alt-coins to date.
In addition to this, IBM (NYSE: IBM) recently announced that they are using Stellar for their latest blockchain based project, and it's been slowly rising despite recent cryptocurrency bearish market sentiment. With Stellar, micropayments will become fully possible, and it will let developing countries easy access to banking. Thus, the Cryptocurrency is an excellent candidate for investment in 2018.
- Price for 22.05.2018: $0,49
- Market capitalization : $414 102 405 USD
- Volume (24h): $6 779 630 USD
- Total Supply: 1 000 000 000 GNT
Golem — a unique video rendering technology based on blockchain. Golem is capable to radically change the way of processing movies, video games and graphics.
Golem is an Ethereum-based, global, open source, and decentralized protocol which unifies idle computer power to enable massive computing speeds for relatively low costs. Golem has numerous applications for video rendering, data processing, and more, which will enable institutions and content creators to process files in a fraction of the time it would normally take.
Cryptocurrency has appeared quite recently and has already caused a stir in the market of Ethereum-tokens. Although time will pass before large companies start using it, many crypto investors are confident that it will be able to significantly change the rules of the game in the industry and bring huge profits in the future.
Recently, world’s second largest cryptocurrency exchange Binance started to trade Golem. This made its value jump by more than 15%. Since then, the cryptocurrency dropped in price a little, but some experts are convinced that very soon it can grow up to $1.
By Nadya Astam