The Altcoins term means alternative coins and it is widely used to mean other cryptocurrencies apart from Bitcoin which is the most popular. It’s partly due to the advantages associated with Bitcoin over fiat currency that has led to the creation numerous altcoins. While like Bitcoin the altcoins are based on the same Blockchain technology, the alternative coins are designed differently for the purpose of achieving diverse objectives. Subsequently, here are the Top 5 Altcoins with High Potential February 2018.
1. Ethereum (ETH)
The up-to-date market cap for Ethereum is $106,781,119,386 and it remains the top altcoins.The value of Ethereum has risen considerably over the past few years and months from when it was in cents to $1,097.20. The value is still expected to rise over the coming few months and years.
2. Litecoin(LTC)
In fact, if Bitcoin is considered Gold then Litecoin is considered silver. The current market cap of Litecoin is approximately $9,005,854,863 and the value of Litecoin is $163.73.The amount of required time in Litecoin to authorize new transactions compared to Bitcoin has been considerably reduced. Additionally, the altcoin is designed to produce more coins compared to Bitcoin.
3. Monero (XMR)
The current market cap of Monero $4,359,151,079 with a value of a coin being worth $278.24. The altcoin has a high potential if you factor in the way its value has considerably raised over the last few months, from $50 to over to the present value which is astonishing. The potential of the coin lies in its anonymity feature.
4. Bitcoin Cash
The cryptocurrency was made available in August 2017 and therefore is among the newest entrantsin the market of cryptocurrency. Since the coin started trading in July 2017, the value of the coin has risen to +623% with little fluctuations in pricing here and there. The present market cap of Bitcoin Cash is $25,293,434,098 and the value being $1,492.99.
5. Ripple ((XRP)
The digital currency has been around for more than 5 years. The market cap of (XRP) is about $43,789,177,468 while the value is around $1.13. The popularity of Ripple will increase in February and other upcoming months because apart from being a digital currency it is also a system. The system allows any currency to be transacted and it has licensed to more than 100 banks its Blockchain technology.