Many people think that it’s already too late to earn much return from bitcoin, but there are hundreds of altcoins which are equally secure and ready for you to explore and gain profit from. Learn the top 5 cryptocurrencies every altcoin trader should watch in November 2018.
The primary reason for Bitcoin Cash’s creation was to increase the speed and number of transactions the network can process. Altcoin traders hope that one day this cryptocurrency will be able to compete with the volume of transactions of such giants like PayPal and Visa. But as for now, Bitcoin Cash has established itself as a very strong cryptocurrency and remains among the safest and most profitable investment opportunities. Overall though, the recent upwards movement is holding strong and can be attributed to the upcoming BCH fork.
BCH statistics for 2018 (by coinmarketcap)
Ripple is the name of both a cryptocurrency (XRP) and an open payment network. It can be easily converted to all traditional currencies, as the minimum transaction value within the network is $0,001. In comparison to Bitcoin, Ripple promises expedited transactions and increased stability. Currently, it takes about four seconds for a transaction to be made, which is considerably quicker than any other cryptocurrency. But the most astonishing thing about Ripple’s is its growth figures: only in 2017, altcoin traders watched this digital currency rocket 36,000%. The latest ripple surge comes on the back of a positive few months for the XRP price, which has been boosted by a number of major banks adopting the technology of Ripple Labs — the creator of the XRP cryptocurrency.
XRP statistics for 2018 (by coinmarketcap)
EOS is a blockchain technology, basically resembling Ethereum, but with another essential feature: it is a decentralised operating system, which means developers can build applications with EOS. After its ICO (initial coin offering, a type of crowdfunding) in 2017 EOS joined the top crypto league and shown an incredible 321% growth. Recently, the token of this platform has been increasing consistently. Furthermore, over a longer period of time, altcoin traders should watch this cryptocurrency as it will increase in tandem with the scalability of the platform.
EOS statistics for 2018 (by coinmarketcap)
Stellar is a distributed blockchain-based ledger and database built upon the Ripple protocol. It’s primary aim is to facilitate payments and the native digital asset of Stellar is called Lumens (XLM). The platform is set for a massive expansion and has recently hit the headlines multiple times for all the good reasons. Cryptocurrency wallet provider blockchain.com has launched full support for Stellar and states that the token’s network is “built for scalability,” as well as noting the ability to create custom tokens that represent “real-world or virtual goods and services.”
XLM statistics for 2018 (by coinmarketcap)
Ethereum is bitcoin’s main competitor, the only cryptocurrency believed to beat its market cap. The Ethereum platform allows the creation of smart contracts that run exactly as programmed, without any possibility of fraud or third-party interference. First launched in 2014, it has already proved its investors' trust as it has shown 40x growth rate over the last few years. In 2017 alone, ether’s exchange rate grew from $7.9 to $877.25, and is expected to continue growing. This is the primary reason why most of the altcoin traders are also looking at Ethereum as a long-term investment bet.
ETH statistics for 2018 (by coinmarketcap)
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