With the ups and downs of 2017 fading into the mist, investors look forth to a new year of opportunities. In the crypto market this best cryptocurrency to invest 2018 is especially daunting as the volatility rate has only increased and the slew of emerging ICOs is making it difficult to determine sound investment from fraud. However, there is a list of cryptocurrencies that are going to stay and grow in 2018.
Cryptocurrency Bitcoin (BTC)
Despite its rollercoaster ride of a year, Bitcoin is solid in its strove to becoming the most expernsive crypto in history. Though its future is murky by financial and economic outlooks, it will continue growing.
Cryptocurrency Ethereum (ETH)
After a giant pump based largely around the false hope that Ether could overtake BTC as the number one cryptocurrency, ETH has fallen back a lot against Bitcoin and has also lost around a quarter of its USD value from the high point. With Ethereum’s market cap edging down towards 20% of Bitcoin’s, and with panic over the impact of potential regulation of ICO’s starting to look overblown, this seems like a good buy in 2018.
Aragon (ANT)
Aragon ran a very successful ICO, which at the time was the 4th largest crowdfunding event in history, and the second largest in the blockchain space with only ‘The DAO’ raising more than Aragon’s $25 million. Essentially, it is a platform for creating decentralized organizations. Given its ICO success and functionality, the ANT is sure to rise in 2018.
Stox (STX)
Moving further down the market cap rankings, Stox is a prediction market platform. The concept behind it is very similar to other projects like Augur and Gnosis, although there are significant technical differences between all three implementations of the idea. But when you look at the market capitalizations, there is a stark difference. At the time of writing Augur is valued at $185 million while the circulating supply of Gnosis’ GNO tokens, representing a little over 11% of total supply, is valued at $67 million. Stox has a valuation of just $18 million for its available supply which represents 50% of the total maximum supply. Obviously they may also fail to produce a viable product or shelve the project if it takes away from rather than adding to their current business, but it looks like a risk worth taking to me.
