This year is characterized by a surge in the popularity of cryptocurrencies. During the first half of the year, the striking dynamics of the digital currency was demonstrated, characterized by an increase in value. Such events have caused great interest, many members of the public consider cryptocurrency as an effective investment tool.
After the emergence in 2009 of the world's first cryptocurrency Bitcoin, many similar monetary systems began to appear. Today there are about 800 of them.
To navigate in such quantities, it is worth considering the current rating of cryptocurrencies of 2018, which have a higher level of capitalization and a high rate at the time of publication.
More on the topic:
- The best cryptocurrency exchanges
- The best cryptocurrency exchangers
10. Stratis
Price: $ 16.30
Capitalization: $ 1,593,187,562
The Stratis cryptocurrency takes 10th place, but it is predicted a significant increase in popularity in the near future.
The development of this currency is based on the blockchain system, its authors set themselves the main goal - the creation of the simplest and most affordable 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 you to develop applications in C # and .NET, which attracts companies interested in using cryptocurrency. Users benefit greatly from transaction secrecy.
The Stratis cryptocurrency is developing rapidly, there is a tendency to a significant increase in the rate and popularity among its counterparts.
9. Monero
Price: $ 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 of 2018.
Monero is an independent cryptocurrency and is not a fork of Bitcoin. The main goal of its creators is to ensure maximum anonymity of users' personal data during transactions, which is guaranteed by the CryptoNote protocol.
The unique CryptoNote code applies ring signatures using one-time keys when making money transactions.
A surge of interest in this currency occurred 2 years ago (summer of 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 engaged in its improvement, using new cryptocurrency technologies.
8. IOTA
Price: $ 3.07
Capitalization: $ 8,540,644,035
IOTA appeared in early 2014, this is a unique type of cryptocurrency, which is distinguished by its originality. It entered the top list of cryptocurrencies and its value has confident prospects, a fairly impressive amount of capitalization testifies to this.
The main task of IOTA developers is to create the Internet of Things, in other words, to ensure communication with gadgets on the Internet. It is a crypto-optimizer optimized for the use of 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, a decrease in the speed of transactions is observed, and the commission for their completion increases.
7. Dash
Price: $ 900
Capitalization: $ 6,980,825,563
The founder of the cryptocurrency Dash, the development of which he undertook after the appearance of Bitcoin, set a goal - to make the privacy of users' personal data more reliable.
The following features are characteristic of the new cryptocurrency:
- The extraction of new crypto coins does not require too much energy.
- 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 divided 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 of 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 the analysis of the course dynamics: over the past month it has increased 10 times.
6. NEM
Price: $ 1.13
Capitalization: $ 10 154 281 280
NEM, the Japanese digital currency created in 2015, is widely distributed in Japan and is gradually gaining followers from other countries. Its development, based on the private Mizin network, was intended for use in banking operations. She attracted the attention of Japan's largest bank (SBI Sumishin Net Bank), which for three months carefully studied the capabilities of the Mizin system. Here there is an interesting positive point - the high speed of transactions: about 3 thousand in 1 second.
A distinctive feature of this cryptocurrency is the use of the original open source code and the use of interesting innovations, in particular, the POI algorithm.
Despite the 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. One cannot fail to notice a sufficiently high cryptocurrency capitalization rating, which also confirms the upward trend in the popularity of NEM cryptocurrencies.
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
Price: $ 33
Capitalization: $ 3,254,056,501
Ethereum Classic is a hard fork of Ethereum cryptocurrencies. Cryptographers disconnected part of the blocks from Ethereum after an error in the system, which was used by computer scammers, carried out a hacker attack and stole one-third ($ 50 million) of cryptocurrencies.
The creation of Ethereum Classic was aimed at keeping the Ethereum blockchain unchanged. Cryptocurrency works according to the previous algorithm adopted during the development of Ethereum, and managed to achieve decent rating positions.
Ethereum classic is on the list of cryptocurrencies of 2018 for mining: it is much easier to mine than Bitcoin. Miners are not required to build large-scale farms, spend huge amounts of money on energy and renting premises for the miner. To get new crypto coins, a normal powerful PC is enough.
Despite the low rate of Ethereum Classic, one cannot deny its promise. Crypto traders see it as a real option to earn money on the stock exchange, and investors see it as a tool for profitable investments.
4. Litecoin
Price: $ 206
Capitalization: $ 11,292,850,279
Litecoin was created at the end of 2011 as a fork of Bitcoin.
The idea of the author of Litecoin is to develop a cryptocurrency that would become an alternative to Bitcoin.
It has some differences from the military-technical cooperation:
- Cryptocurrency emissions are significantly higher than Bitcoins (84 million LTC).
- Making transactions is four times faster (in just 2.5 minutes).
In the community of miners, Litecoin is called "digital silver" (Bitcoin - "digital gold"). Litecoin is stable and does not lose its popularity, it is included in the top 10 cryptocurrencies of 2018 by capitalization.
It has a lot in common with the MTC:
- A similar method of extraction.
- Lack of centralized management.
- Limited emission.
- User anonymity.
- Inability to cancel a transaction.
- Storage of crypto coins in an electronic wallet, which is part of the entire monetary system.
To become the owner of the new Litecoin, mining is used, which requires powerful computers. As a result, for each correct decision, the miner receives a reward in the form of digital coins.
You can also earn them using cranes, which are offered by many services. You can purchase or exchange digital coins on cryptocurrency exchanges and exchange offices.
3. Ripple
Price: $ 1.68
Capitalization: $ 65,122,408 104
Ripple - a complete digital money system, appeared in 2012. Its authors pursued the goal - to create a system with maximum security for transactions at any scale. They managed to achieve an amazing effect. Thanks to the use of distribution registers, reliable security is guaranteed for users of the Ripple cryptocurrency.
It occupies the first positions in the ranking, 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.
Ripple protocol is used in the work of banks and payment networks. The ability to make quick 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
Price: $ 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 has taken the second step in the ranking of the best cryptocurrencies of 2018.
In the development of Etherium, blockchain technology was applied. The creator of this cryptocurrency took care of the improvement of this system and introduced the development of “smart contracts” that open up wider possibilities for use in various fields of activity.
An open platform can greatly simplify the work of the blockchain. This fact was noticed and appreciated by attention from such well-known companies as Microsoft, IBM, Acronis, Sberbank.
Ethereum is a more advanced system than Bitcoin. She introduced an alternative legal system that excludes the intervention of lawyers or the judiciary. This is a special open platform for guaranteed computing.
1.Bitcoin
Price: $ 12,000
Capitalization: $ 200,402,547,335
Bitcoin is the first digital currency in the world, created in early 2009. According to one version, its author is the Japanese programmer Satoshi Nakamoto. There are opinions that a developer group is hiding behind this name.
The appearance of this currency turned people's minds over, opened a new vision of the nature of money. Cryptocurrency is a serious alternative to the traditional financial system. Experts believe that thanks to her unique qualities, she could claim the status of a world currency.
Bitcoins (BTC) are able to perform all the functions of ordinary paper money in terms of transactions. More and more objects of trade and services enter it into the list of currencies suitable for settlements for a purchase or service. Along with the striking similarity with fiduciary money, Bitcoin has a number of distinctive features:
- Decentralization - the lack of a control center.
- Transaction openness.
- There is no state control.
- User anonymity.
- Excluded inflation due to limited emissions to 21 million MTC.
Thanks to the presence of open source code, programmers use it to create many new cryptocurrencies. But Bitcoin firmly holds a leading position and is considered the most successful digital currency in the world.
Cryptocurrency gradually conquers the minds of people who are interested in everything new, which can positively affect the quality of life. Cryptocurrency is attractive with its ease of use, maintaining confidentiality and security. Owners of large capital consider it as the most promising area for investment.