TOP 5 CRYPTOCURRENCY YOU MUST INVEST FOR BIG GAINS FOR THE MONTH OF SEPTEMBER AND OCTOBER
Hey friends i am back with a new article which will let you know the top 5 cryptocurrency on which you should invest money so as to earn maximum profit .The factors taken into consideration are Previous Performance records(H&L) ,Ajenda,no of coins circulated,Bussiness model etc.
The list is as follows :
- Ripple
- Ethereum
- Litecoin
- Dash
- Monero
1.Ripple:(Price=$0.2497)
Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple.Released in 2012, Ripple purports to enable "secure, instant and nearly free global financial transactions of any size with no chargebacks." It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes.
According to study Ripple coin ranks top in the list for coin exchange i.e people mainly prefer Ripple to exchange and get other coin.Ripple coin has shown significant increase in the last 15 days .According to experts Ripple coin is now one of the best crypto currency to invest in with an investment amount less than $1.
2.Ethereum:(Price=$386.89)
Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality.It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.Ethereum also provides a cryptocurrency token called "ether", which can be transferred between accounts and used to compensate participant nodes for computations performed.
Ethereum has shown a considerable increase in the price since last 6 months.In last 7 days it has shown an increase % of 16.26% making it one of the hot picks.Expert believe that it has potential to become the next bitcoin.
3.Litecoin:(Price=$86.49)
Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license.Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority.While inspired by, and in most regards technically nearly identical to Bitcoin (BTC), Litecoin has some technical improvements over Bitcoin, and most other major cryptocurrencies, such as the adoption of Segregated Witness, and the Lightning Network.These effectively allow a greater number of transactions to be processed by the network in a given time, reducing potential bottlenecks, as seen with Bitcoin.[5] Litecoin also has almost zero payment cost and facilitates payments approximately four times faster than Bitcoin. The Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin's 10 minutes, which its developers claim allows for faster transaction confirmation.Advantages can include greater resistance to a double spending attack over the same period as Bitcoin. Litecoin uses scrypt in its proof-of-work algorithm, a sequential memory-hard function requiring asymptotically more memory than an algorithm which is not memory-hard.The Litecoin Network will produce 84 million Litecoins, or four times as many currency units as will be issued by the Bitcoin Network. Litecoin has shown 84% increase in last 7 days.
4.Dash:(Price=$387)
Dash (formerly known as Darkcoin and XCoin) is an open source peer-to-peer cryptocurrency that offers all the same features as Bitcoin but also has advanced capabilities, including instant transactions ,private transactions,and decentralized governance (DGBB).
Dash's decentralized governance and budgeting system makes it the first decentralized autonomous organization.Dash uses a two-tier architecture to power its network. The first tier consists of miners who secure the network and write transactions to the blockchain. The second tier consists of masternodes which enable the advanced features of Dash.Dash has show a growth of 22% in last 7 days.
5.Monero:(Price=$145.23)
Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on privacy, decentralisation and scalability. Unlike many cryptocurrencies that are derivatives of Bitcoin, Monero is based on the CryptoNote protocol and possesses significant algorithmic differences relating to blockchain obfuscation.Monero experienced rapid growth in market capitalization (from US$5M to US$185M) and transaction volume during the year 2016.
Experts consider Monero as safe,secure and untraceble coin. Monero has shown an increase of 43% in last 7 days.
Sources:
https://blockchain-expo.com/europe/partners/ripple/
https://bitcoin.zendesk.com/hc/en-us/articles/115002936589-What-is-Ethereum-
https://en.wikipedia.org/wiki/Litecoin
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Nice Article I will vote for you
Thanks fella.