9 Most Popular Cryptocurrencies to Invest in and Why
Cryptocurrency investing is on the rise, and more than ever, people want to know which cryptocurrencies they should invest in right now. We compiled expert opinions from our experienced founding members into the following 9 cryptocurrencies that you should invest in right now:
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Litecoin, similarly to Bitcoin and Bitcoin Cash, is a singular project that is aiming to bring cryptocurrency to mainstream usability across the globe. Many see Litecoin as the cryptocurrency that is most successful in doing that thus far, as its price does not fluctuate as strongly as Bitcoin’s does. As Litecoin (at the time of writing) sits at under $100 USD, now is the time to jump on board the Litecoin train before it gets too expensive.
ICON, which many in the blockchain and cryptocurrency space refer to as “Korean Ethereum”, is an on the rise cryptocoin in a prime position to skyrocket up the crypto ladder. The Korean blockchain space is thought of by many experts as the next part of the world to dominate the crypto space. And when it does, ICON will undoubtedly be a critical part of that process. ICON has been praised by several of RoninAi’s founding members, many of whom believe that it is a cryptocurrency to invest in if you believe blockchain’s Korean trend will continue.
Ethereum, the clear frontrunner for second most popular cryptocurrency, is an incredibly important player for the wider blockchain and cryptocurrency world. It operates as the platform that more than half of all cryptocurrency projects are built on, thanks to its Turing-complete nature and strong business connections through the Enterprise Ethereum Alliance. If you’re looking to bet on the promising future of blockchain, investing in Ethereum is a smart move. If you are interested in more information on why Ethereum is such a smart investment, we covered that information here.
Still under a year old, EOS is yet another coin directly tied to the future of blockchain technology. It provides infrastructure to blockchain application ventures, including a developer portal and venture capital funding for those looking to take blockchain to the next level. Since its launch, EOS has risen massively in the cryptocurrency space, and is certainly now a household name.
Bitcoin is the mainstream cryptocurrency, being the first and having a long established infrastructure. It’s the cryptocurrency that your grandmother has probably heard about. But that doesn’t mean that it’s not a very good investment opportunity! As the most popular and certainly most well-known cryptocurrency, Bitcoin has many advantages, making it the coin that is the most well-positioned for wide-scale adoption should cryptocurrency become a viable worldwide currency option.
“I trust Bitcoin more than I trust my bank.”
– Adam Draper, CEO of Boost VC
NEO is certainly one of the more interesting cryptocurrencies around, as it’s a non-profit that aims to facilitate a smart economy using blockchain. NEO is a cryptocurrency whose value is destined to skyrocket as more parts of the world economy continue to integrate blockchain into their operation. Just because NEO is not for profit, doesn’t mean your investment has to be, as many experts have picked NEO out as a somewhat under the radar cryptocurrency with potentially massive returns possible.
Since the Bitcoin fork in Summer, 2017, it has become clear that Bitcoin Cash is here to stay, as it currently sits as the clear 4th most valuable cryptocurrency in terms of total market cap. Bitcoin Cash is being angled as the coin that will fulfill Satoshi Nakamoto’s vision of a crypto coin that is adopted worldwide, and it might just be. Plus it has faster transaction speeds than the original Bitcoin.
If blockchain is going to be the future of how we send money to one another, Ripple is going to be there. The security and transparency provided by blockchain is the edge that Ripple has over its non-blockchain competitors. As blockchain advances and becomes more mainstream, it’s a pretty safe bet that Ripple will benefit, making it an excellent long-term investment.
Cardano is yet another (relative) newcomer to the cryptocurrency world, having only launched in October, 2017. It takes a more scientific approach to blockchain, operating as a smart-contract platform that is, in their own words, “research driven.” Cardano possesses many of the qualities that we all love about cryptocurrencies, with elements of stability and professionalism that makes it more accessible for those that are afraid of the Wild West of cryptocurrency. If the cryptocurrency market is to go through turbulent times, it’s a good bet that Cardano will emerge on top.
Related article: Crypto Trading Tools: RoninAi VS TradingView
Disclaimer: The views expressed in this article are not intended as investment advice. All investments have risks, please invest responsibly.