The Cryptocurrency Market: Who Will Win This Decade?
Several people are attempting to enter the Bitcoin business with the recent boom of Cryptocurrency, such as Bitcoin, Litecoin, and Ethereum. They are doing so either because they have heard about Bitcoin’s exponential growth or because they believe in the future technologies that Cryptocurrencies have to offer.
- But what happens when there are hundreds of cryptocurrencies available?
- Who will be the winner of this decade?
- Is it going to be Bitcoin, Ethereum, or something else?
Here is my list of which cryptocurrency will become a top performer this decade. Check out this page for more information on money and bitcoin trading.
Introduction
Last year, cryptocurrencies became a reality. At the same time, many have paid more attention to Bitcoin’s wild price swings than its underlying technology. Blockchain is building an empire for itself in several industries. As we enter a new decade, it is clear that crypto will be a large part of our financial future. The question isn’t whether or not crypto will take off (I believe it will) but rather which currencies will emerge as dominant players and why. I took a look at each cryptocurrency under $0.01 on CoinMarketCap. And analyze them based on their use case value, exchange volume, growth rate, and coin supply (listed from top to bottom).
The Cryptocurrency Market Future
The Future of Bitcoin
You’ve heard of cryptocurrencies but might not be sure what they are. They’re digital currencies that can be used online like any other currency. It was created in 2009 by an anonymous programmer or group of programmers known as Satoshi Nakamoto. Ethereum was another pioneer. It was launched in 2015, and like Bitcoin, it offers a decentralized platform for smart contracts (i.e., computer programs). But hundreds of cryptocurrencies have been created to do specific jobs, others to solve particular problems.
The Future of Ethereum
Blockchain technology isn’t just for digital money—although it’s sometimes called a trustless ledger—but also an ultra-secure database—potentially more secure than anything we have today. The key is that no one person can control a blockchain. Users and developers worldwide contribute to its security by offering their processing power.
It helps to make these ledgers extremely hard to hack. People can set up smart contracts on Ethereum (or another network) with each other to automatically transfer money when specific conditions are met. Ethereum’s developers designed it so that anyone can build apps on top of its blockchain platform, making it potentially useful in various industries and applications in addition to cryptocurrencies.
The Future of XRP
As opposed to investing in Bitcoin directly, you could invest in altcoins. While there are dozens of altcoins out there, over 800 (with market caps from $2 million to $300 million), we’ve reviewed ten that stand out as excellent investments for 2018. If you don’t want to do your research, We spent hours researching these coins, picked four with immense growth potential, and aren’t too far from reaching their goals. Here is a quick look at each coin, starting with those worth less than $1.00 and working our way up
Investing in Altcoins
There are over a thousand cryptocurrencies available. And many of them offer their unique spin on blockchain technology. Known as altcoins, these alternative coins are worth keeping an eye on in 2018. This is because some altcoins will prove to be better investments than others. Educating yourself on all they offer is essential if you’re interested in investing in altcoins. In particular, they can provide value in several ways beyond simply rising and falling with Bitcoin. For example, not all use blockchain technology or operate like Bitcoin! There is no shortage of investment options for investors looking for success by sticking with what’s tried and true.
Conclusion
With a new cryptocurrency launching daily, it’s hard to track which will be valuable and which will fade into obscurity. But just like any startup that launches, not all cryptos can survive in their current form. Each has its strengths and weaknesses; let’s look at some.
