Since its advent, cryptocurrency has gathered a lot of hype regarding how it operates and how it has helped investors gather unrealistic profits. Last year, Bitcoin hit its all time high hitting almost $20,000 at the end of 2017 in December. This surge in the valuation of the cryptocurrency gave Bitcoin a lot of attention. It even managed to land its name in one of the most searched words of that time.
Speaking of numbers, the volumes of Bitcoin have also been dominating the overall market capitalization by a huge factor of over 50% (55% as of press time) over the years. The real question that lies is, that aren’t the altcoins worth the attention for investors? Yes they are!
There are a number of relatively unknown coins who have been performing great unlike others in the top 100 cryptocurrencies. Based on the predictions made on the basis of momentum, it might be safe to say that these cryptocurrencies would bear fruit for the investors in the near future. The ones worthy of mention are highlighted below.
Dropil is a platform that aims to provide an ecosystem where the investors wouldn’t have to worry about making investments which may involve risk. Their algorithm provides intuitive reporting which predicts which investment would bear the most fruit.
The digital tokens offered by Dropil are called DROP, which are the standard ERC20 coins to ensure compatibility and acceptability by the exchanges. The main question, how has the currency been performing? We’re getting to that.
According to coinmarketcap, the currency has increased its valuation by a factor of 77.33% over the past month. Unrealistic isn’t it? Not only is the platform contributing to blockchain by its innovative idea, it is also giving investors the light of day that they were seeking.
Tezos provides a platform on blockchain for smart contracts and dApps. Not only is Tezos’ token XTZ performing well, but their Proof of Stake (PoS) algorithm is incentivizing its miners fully.
Over the past month, Tezos (XTZ) has managed to climb the ladder, rising its valuation up to 34.97%. Thinking about revisiting your investments? Now’s probably the time.
Dogecoin (DOGE) is one of the most overlooked currencies in the overall market. It is a fork of the famous Litecoin.
Although neglected, DOGE hasn’t slowed down its game over the past month. The currency has managed to rise upto….. guess……..184.95%. What?!! It’s about time we listened to Roger Ver about his idea of diversifying investments.
According to their official website, “BitCoindark is an open source all in one bitcoin and crypto community platformdesigned to provide multiple investment opportunities with cryptocurrency education where it is entirely possible to find the independence we all desire, in a community of like-minded, freedom loving individuals who, like you, are seeking the possibility of income stability in a very unstable world.” It is also a news website that keeps users up to date with new businesses.
BitcoinDark has been among the cryptocurrencies who have faced the most dramatic surges throughout the month. The currency’s valuation has increased by 297.58% since the last month and it is in no mood to stop. It is highly likely that the unbelievable surge will continue, hence it is a great opportunity for the investors.
Elastos is a platform that provides a smartweb for blockchain. This revolutionizing technology aims to unlock the prospects of blockchain to the general public via their internet service.
Its native currency ELA attracts the investors which seek stable growth, the currency has seen overall growth of 38.91% in the past month.
Dragonchain, as it is known today, was initiated in 2014 by Disney as the Disney Private Blockchain platform and was released as an open source. The purpose of the platform is the provision of an ecosystem with easy access to smart contracts which they have fulfilled.
The native currency of the platform DRGN has seen a dramatic surge of 89.90% making the investors wonder about their undiversified BTC and ETH investments which have disappointed them in the recent past.
Sticking the investments solely to BTC and ETH have taught lessons to the investors who have invested high percentages of their assets in these currencies. The factor which is making these investors lag behind in the race is the lack of research. Research what you’re investing into, study the trends. Godspeed!