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What Is The Future Of Cryptocurrencies?
Total Articles: 4
Foresee what cryptocurrencies the distant future is beyond the power of any expert. Some predict the success of the crypto industry, while others say that the cryptocurrencies have shown their maximum and will soon burst like a big soap bubble. The main promise of the Cryptocurrency is the benefit from investing in them. In 2017, all of them could hear such coins as bitcoin, lightcoin, ether, etc. But which ones give hope for their success in the future, at least in 2018?
1. Ripple (XRP)
For the last time, ripples managed to show themselves from the best sides. This is mainly true of his strategy for cooperation with banking institutions. At the moment, several world giants are actively cooperating with it, for example, the National Bank of Abu Dhabi. The developers also state that their banking policy does not end there, and news about new contracts will have to wait closer to the summer. If this happens, the value of the currency may increase significantly. But the main advantage is how much the coin wants to squeeze into the world of the ordinary economy, that while it turns out quite well.
2. NEM (XEM)
In many respects undervalued cryptocurrency, the main task of which is to increase the level of security and increase the speed of transactions. After the pseudo-security of bitcoin ceased to inspire confidence, new cryptocurrencies, which somehow managed to improve the much-needed indicator, began to gain increasing popularity. Today, coins are popular mainly in Japan. But the developers are actively working to get to other markets, first to the Asian ones.
3. Ethereum (ETH)
"Smart contracts" - this is the first thing that ether is associated with. Cryptocurrency is sometimes called a "dark horse" among virtual money. This is due to the fact that the air, despite its relatively young age, has become one of the most popular cryptocurrencies, which may be able to beat bitcoin. The developers predict a lot of new updates and improvements for the platform, which means that this year can be decisive in the life of the air - it is waiting for either a collapse or a breakthrough.
4. Bitcoin (BTC)
Although bitcoin remains the most popular cryptocurrency, many consider it unpromising and already unsuitable for investment. But it is impossible to write off bitcoins from accounts, even if new and more advanced heirs have appeared. The Cryptocurrency, which won such a success and was the first of its kind, is unlikely to be able to regain its former glory. But the authority that bitcoin has achieved for a long time will support life in it, even taking into account the rapid collapse of the course.
The popularity and relevance of bitcoin on the market do not provide an opportunity to assert that this coin will become the future leader in the crypto industry. It is also necessary to limit the issue of bitcoin, which amounts to 21 million. To date, more than 16. 5 million have been issued, and this number is constantly growing, the process of mining becomes more complicated, more power is required, and therefore the cryptocurrency is gradually losing its followers.
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The fifth position went directly to two representatives of digital money. Both coins position themselves as anonymous cryptocurrencies. Each of them has not yet managed to acquire a large audience of fans, but the developers promise to further improve their platform, which promises prospects. Anonymity for today is one of the most problematic zones of cryptocurrency. And the first currency that can cope with it, can become a reliable stronghold for the future of the crypto industry.
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