The Cryptocurrency Market: Who Will Win This Decade?
- 0.0.1 Introduction
With the recent boom of Cryptocurrencies such as Bitcoin, Litecoin, and Ethereum. Several people are now attempting to enter the bitcoin business. Either because they have heard about the exponential growth of Bitcoin. They believe in future technologies that Cryptocurrency has 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 of this decade. Check out this page for more information on the idea of money and bitcoin trading.
Last year, cryptocurrencies became a reality. While 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 analyzing 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 definitely heard of cryptocurrencies, but you might not be sure what they are. They’re basically digital currencies that can be used online just 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 there are hundreds of cryptocurrencies now; some have been created to do specific jobs, others to solve certain problems.
The Future of Ethereum
Blockchain technology isn’t just for digital money. Although it’s sometimes called a trustless ledger. Blockchain is 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 around the world contribute to its security by offering up 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. In a specific condition are met. Ethereum’s developers designed it so that it’s possible for anyone to build apps on top of its blockchain platform. Making it potentially useful in a vast array of different 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 own research, We spent hours researching these coins and picked four that have 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 own 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. If you’re interested in investing in altcoins, it’s important to educate yourself on all that they have to offer. In particular, there are several ways they can provide value beyond simply rising and falling with Bitcoin. For example, not all of them take advantage of blockchain technology or operate like Bitcoin at all! There is no shortage of investment options out there for investors looking for success by sticking with what’s tried and true.
With a new cryptocurrency launching every day, it’s hard to keep track of which will be valuable and which ones will fade into obscurity. But just like any startup that launches, not all cryptos can survive in their current form. Each one is different with its own strengths and weaknesses; let’s look at some of them.