The progress in crypto world for the last few month is going really fast. last month bitcoin, ethereum and other upcoming coins, tokens and assets were declined hugely in price. But this month most of the coins and tokens are back in a predictable price range.
Bitcoin on the other hand hit another high of all time in price while ethereum stay still around 300 USD. Things start to get a bit better for other small market cap crypto currencies too.
The question is would you go big for thesse two coin, bitcoin and ethereum for instant trade or rather holding those high potential altcoins that will hit hard in the upcoming future?
If you looking to invest in altcoins and hold on till it boom then this article will help you understand more about its potential and their blockchain technology behind. Here are top five altcoins to invest in October.
5.UBIQ
Ubiq is one of my favorite coin apart from Ethereum. There are more Ethereum fork that does better than Ubiq using the same Ethereum code base but Ubiq take a safer approach with a more bug to work with, if it ain't broken why fix it. Ubiq have a great developer behind. Ubiq had no premine, no ICO, and has received 0 funding, money is not a core element for Ubiq that why their market cap is pretty low because they had to use their own fund. In a matter of time this coin will overtake Ethereum classic.
UBIQ current market cap : $45,827,771
UBIQ current price : $1.20
4.Steem
Steem is one those altcoin that have a unique taste behind. Steem want to convert social media into workplace where people can share anything and get upvote as a reward rather than like in Facebook or love in Instagram. that reward act as incentive for people to share more. Steem will hit hard when massive people in social media start to acknowledge the benefit from Steem. It is very simple you post something interesting and you earn as an author as well as people who comment your post.
Steem current market cap : $252,157,636
Steem current price : $1.02
3.NEO
NEO is one of a coin that will hit hard in Chinese's modern economy as well as the rest of foreign investors in the next few years. NEO have their own blockchain rather than base on other coins blockchain. Since we know that Chinese's economy is among the top three in the world it mean if they move from traditional economy to smart economy then this particular coin will shine. NEO hit their first price boom in Aug, 16, 2017 ($47) then fluctuate around the $30 mark due ICO ban in China.
NEO current market cap: $1,452,970,000
NEO current price : $29
2.OmiseGO
OmiseGO is a public financial technology base on ethereum blockchain. It focus on both fiat and crypto currencies. OmiseGO enabling decentralized exchange on a public blockchain at high volume and low cost, OmiseGO provides a next-generation value transfer service operating across currencies and asset types. they are not an old company anymore. They had a strong fundamental, Vitalik Buterin and CEO of bitcoin are involve in this project as well. OmiseGo started up with price of $0.5, it only took two months to reach $8 mark.
OmiseGO current market cap: $760,571,311
OmiseGO current price : $7.75
1.Ethereum
Out of five coins in this list, Ethereum is one of a safest coin to invest. It is a well know coin and establish itself very well along side bitcoin. There is not much to talk about Eth since many people know about it already. Ethereum started from $1 mark and hit its all time high at $400 mark and decrease all the way down to $200 mark during ICO ban in China. McAfee and bill gate both predict that it will hit half a million mark and $200,000.
Ethereum current market cap : $28,428,407,297
Ethereum current price : $299
note : this is not a accurate advice for anyone. It is my preferences. Take your time and do more research on each coin.