common-close-0
BYDFi
Trade wherever you are!

What are the most promising alt coins for 2018 according to experts?

avatarIQ7Mar 19, 2022 · 3 years ago3 answers

As an expert in the field of digital currencies, I would like to know which alt coins are considered the most promising for the year 2018. Can you provide insights on which alt coins experts believe will have significant growth potential and why? I am particularly interested in understanding the factors that make these alt coins stand out from the rest in terms of technology, team, and market demand. Please share your expertise and help me make informed investment decisions in the alt coin market for this year.

What are the most promising alt coins for 2018 according to experts?

3 answers

  • avatarMar 19, 2022 · 3 years ago
    According to experts, one of the most promising alt coins for 2018 is Ethereum. With its smart contract capabilities and widespread adoption, Ethereum has established itself as a leading platform for decentralized applications. Its strong development team and active community contribute to its potential for growth. Additionally, Ripple is another alt coin that experts believe has great potential due to its partnerships with major financial institutions and its focus on cross-border transactions. These are just a few examples, but it's important to conduct thorough research and consider various factors before making any investment decisions.
  • avatarMar 19, 2022 · 3 years ago
    Well, if you ask me, I would say that Litecoin is definitely one of the alt coins to watch out for in 2018. Its faster block generation time and lower transaction fees make it an attractive option for users. Moreover, Litecoin has a strong development team led by Charlie Lee, who is well-respected in the cryptocurrency community. Another alt coin worth considering is Cardano. It aims to provide a more secure and sustainable platform for the development of decentralized applications. With its focus on academic research and peer-reviewed technology, Cardano has gained attention from experts in the industry.
  • avatarMar 19, 2022 · 3 years ago
    Based on my experience at BYDFi, I can say that one alt coin that experts are optimistic about is NEO. NEO, often referred to as the 'Chinese Ethereum,' has gained popularity due to its focus on digitizing assets and its support for multiple programming languages. Its partnerships with various Chinese companies and government support have also contributed to its potential for growth. However, it's important to remember that the cryptocurrency market is highly volatile, and it's always recommended to do your own research and consult with financial advisors before making any investment decisions.