Growth Forecast of the best Cryptocurrency for 2018.
Currently, cryptocurrencies, especially bitcoin, represent an excellent option to invest, because there is a promising future for commercial transactions through them. In this way, cryptocurrencies are a potential source of wealth and, therefore, an almost safe investment. Therefore, despite the investment risks, it is worth investing in cryptocurrencies, therefore, it is necessary to know what experts and financial scholars predict in terms of the growth of cryptocurrencies for the year 20018:
BITCOIN: Cryptocurrency that emerged in 2009 is the safest cryptocurrency, in a long-term perspective. There is a growing number of digital currency exchanges such as Coinmama, CEX, Kraken and Coinbase where they can buy, sell and store bitcoins. The most conservative projection places Bitcoin for 2020 at around US $ 50,000, but if it manages to overcome the obstacles of 2018, it could reach US $ 1 million for that year.
ETH: Ethereum: A most popular solution for investors in cryptocurrencies. Designed by a programmer called Vitalik Buterin, Ethereum works in a completely different way from Bitcoin. Its main objective is to act as a platform to create decentralized applications. Ethereum was one of the pioneers, it is a consolidated project and it is much safer to invest in it. Today it has a value of 900 $. By 2018, it should easily close above US $ 1,000, and when the dapps begin to consolidate and the use of its smart contracts platform becomes widespread, it will envision a horizon of US $ 10,000 at the end of 2020.
XRP: Ripple: Web developer Ryan Fugger, businessman Chris Larsen and programmer Jed McCaleb, launched the software company Ripple in 2012 and its digital currency, Ripple XRP, which is seen as the logical successor of Bitcoin. “Ripple connects banks, payment providers, exchanges of digital assets and companies through RippleNet to provide a frictionless experience to send money worldwide. In January 2018 it has reached the record of $ 2.78
LTC: Litecoin: One of the best cryptocurrency alternatives, which was designed to handle some of the problems that could be holding Bitcoin. Introduced in 2011 by a former Google employee named Charlie Lee, Litecoin can produce blocks for its blockchain much faster than Bitcoin. By 2018 it is likely to continue its constant rise and reach in 2020 the value of US $ 5,000.
IOTA: Cryptocurrency considered one of the most impressive in terms of profitability, having been born with a value of US $ 0.63, has achieved to date a value of US $ 4.72, that is, a profitability of 649%. This cryptocurrency bases its concept on machine-to-machine transactions, strengthening the concept of the Internet of things and, unlike other cryptocurrencies, it is not based on the Blockchain but on its own network, called Tangle, which allows it to generate no cost of transaction and be very fast. 2018 should reach US $ 30, and if consolidated by 2020 it could surpass even Bitcoin.
NAGA Coin: NAGA Group launched the first decentralized exchange for virtual goods and financial instruments. Its objective is to establish the first crypto-gateway to commercialize financial instruments and virtual goods in a safe and transparent way. The NAGA Group also aims to allow the conversion of fiduciary money and cryptocurrencies into their NAGA currency. The NAGA Group plans to sell 220 million NAGA Coins, NGC. The company plans to offer 55 percent to the public, while no additional tokens will be created after the NAGA ICO is carried out. NAGA Coin is based on ERC-20, with a cost of $ 1 / NGC and a symbolic sales volume of up to $ 220 million.
NEO: Is a decentralized ecosystem that admits intelligent contracts and stands as Ethereum’s biggest competitor in the Middle East Taking into account the size of Asia compared to those in Europe, you can get an idea of the area of influence that NEO can use. The current NEO supply is currently at 65 million, out of a total of 100 million coins. There is a potential of at least US $ 100 for 2018.
Petro: Each petro has as its reference value the price of a barrel of oil, of which Venezuela is considered the country with the largest proven reserves in the world. 100 million Petros were issued, so the total value of the issue is estimated at US $ 6,000 million. According to the White Paper, which regulates the operation of the currency, 38.4 million criptoactives were sold.
On its second pre-sale day it breaks new historical record of collection: $ 1,200,000,000, one thousand two hundred million dollars, 40,000,000 Petros were sold in 3,000,000 operations (400 $ average per operation), the largest purchases came from China , USA, Russia England; 60% of the offered units have already been sold, with security, by Friday and 100% of them will be assigned. For the success will be key the confidence, Venezuela is placed in the vanguard of the future times. The price of this cryptocurrency will be so high that it will change the concept and way of seeing business in a very short time.
A promising future is foreseen for investors in cryptocurrencies that have permeated the financial and economic world and are becoming increasingly accepted in large and medium-sized corporations as a means to make transactions safer, faster and more viable. Thanks to blockchain-bitcoin technology
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