The most shrewd Cryptocurrency investors always have their eyes on the lookout for new developments in the crypto space. It gives them insights on the next big thing. By putting money in the right place and investing in long-lasting projects, one is always guaranteed to make enormous profits. Below, we review 3 altcoins to look out for in 2018.
Cardano starts our list of altcoins to look out for in 2018. It’s the project behind ADA coin. It’s a third-generation open source blockchain and cryptocurrency that is fully decentralized. The team comprises of researchers and top scientists from around the globe. They aim to develop a smart platform that will deliver better features than any other platform developed.
Cardano has a market capitalization of $8, 853, 195, 000 as of this writing. This year will see major developments on the platform and this guarantees its value will increase tremendously. Its founder Charles Hoskinson has gone ahead and proclaimed the platform will be better than Bitcoin and Ethereum within 6 – 12 months.
Steem is the coin on Steemit, a social media platform that utilizes the blockchain technology where users get to curate and generate information. Steemit utilizes a voting system which rewards curators and authors in Steem dollars. The social media platform gets over 200, 000 posts per month and it has paid out over $22 million.
Steemit is set to grow in 2018 as blockchains become more prominent and try to solve different everyday problems. The platform aims to eliminate fake news by developing, promoting and rewarding generation and sharing of quality content. It also boasts an active Steemit community that has strong fundamentals whom will push for its growth in 2018.
Number three on our list of 3 altcoins to look out for in 2018 is Monaco coin (MCO). It’s the cryptocurrency for debit card provider Monaco which also got Visa approval in November of last year. It was founded in June of 2016 and currently has a market cap of $102, 169, 521 as of this writing.
Monaco is set to explode in 2018 as it offers a wide range of services. It gives users an easy way of spending cryptocurrencies online and in physical locations. The company is also a participant and sponsorship of Money 20/20 Asia of Singapore which has strengthened the company’s brand.
As we always say, before investing in any coin or altcoin do your own due diligence.
In the comment section below let us know what you think of these 3 altcoins. Do you believe they are worth watching out for?