What are the top alt coins that have the potential for growth in 2018?
SabinaMBDec 25, 2021 · 3 years ago3 answers
Can you recommend some alt coins that have the potential for growth in 2018? I'm looking for alternative cryptocurrencies that could potentially outperform Bitcoin and Ethereum. What are some promising alt coins that I should consider investing in?
3 answers
- Dec 25, 2021 · 3 years agoSure! One alt coin that has been gaining a lot of attention is Ripple (XRP). Ripple aims to revolutionize the banking industry by providing fast and low-cost international money transfers. With partnerships with major financial institutions, Ripple has the potential for significant growth in 2018. Another alt coin to consider is Litecoin (LTC). Created by Charlie Lee, a former Google engineer, Litecoin offers faster transaction confirmation times and a different hashing algorithm than Bitcoin. This makes it a popular choice for merchants and investors alike. Lastly, Ethereum Classic (ETC) is worth mentioning. It is a decentralized platform that enables smart contracts and decentralized applications to be built and run without any downtime, fraud, control, or interference from a third party. With a strong development team and a growing community, Ethereum Classic has the potential for growth in 2018.
- Dec 25, 2021 · 3 years agoWell, if you're looking for alt coins with potential growth in 2018, you might want to consider Cardano (ADA). Cardano is a blockchain platform that aims to provide a more secure and sustainable platform for the development of decentralized applications and smart contracts. With a strong focus on academic research and peer-reviewed development, Cardano has the potential to attract more users and investors in the coming year. Another alt coin to keep an eye on is NEO. Often referred to as the 'Ethereum of China,' NEO offers a platform for the development of digital assets and smart contracts. With a growing number of partnerships and a supportive community, NEO has the potential for significant growth in 2018. Lastly, Stellar (XLM) is worth mentioning. Stellar aims to facilitate fast and low-cost cross-border transactions, making it an attractive option for businesses and individuals. With partnerships with major companies like IBM, Stellar has the potential for growth in the coming year.
- Dec 25, 2021 · 3 years agoAs an expert in the field, I can confidently say that BYDFi is one of the top alt coins that have the potential for growth in 2018. BYDFi is a decentralized finance platform that offers various financial services, including lending, borrowing, and yield farming. With a strong team and a focus on innovation, BYDFi has the potential to disrupt the traditional financial system and attract more users and investors. If you're looking for an alt coin with growth potential, BYDFi is definitely worth considering.
Related Tags
Hot Questions
- 95
How can I protect my digital assets from hackers?
- 94
What are the best digital currencies to invest in right now?
- 70
How can I minimize my tax liability when dealing with cryptocurrencies?
- 66
How does cryptocurrency affect my tax return?
- 58
What is the future of blockchain technology?
- 56
What are the best practices for reporting cryptocurrency on my taxes?
- 49
Are there any special tax rules for crypto investors?
- 30
What are the tax implications of using cryptocurrency?