Cryptocurrencies are still in their infancy, and while there are people who have been involved for a decade now we are only just scratching the surface of the financial revolution to come. We all know the big money coins, Bitcoin, Ethereum, Dash, Litecoin as well as many other heavy hitters, but there are coins that I feel are heavily undervalued and will spike in price in a major way at some point in the not so distant future. Let's look at some of the coins I am currently very interested in:
I have been periodically buying up small amounts of PIVX with the goal of setting up a masternode. PIVX is a coin I think will increase in value in a rather drastic way, PIVX is a fork of dash but features many code improvements over it. In many ways PIVX is an improvement over dash and t would not surprise me in the slightest if one day it overtakes dash in popularity. PIVX focuses in anonymity, which a lot of people find appealing! Especially when compared to the surprisingly traceable nature of bitcoin. I believe PIVX to be one of the best options out there because it features both masternode and stake technology. Meaning you can run a masternode and earn profit from it, then earn even more profit from your profit via staking. This combo is one I find VERY appealing.
NEM is an interesting concept, it is POI (Proof of importance) and I really recommend reading more about it on the NEM website, but in short it rewards people for holding coins and not dumping. This should help increase the price of NEM over time. NEM is an under appreciated coin but is currently number 7 for market cap. I have a small amount of NEM but fully intend on regularly buying.
Reddcoin, the self proclaimed "social coin". Although pretentious it is exactly that. Red ID is supposedly just around the corner and when it does finally get released it will allow people on Reddit, Facebook, Twitter and all the other social media sites to tip each other with a simple click of a button. The Reddcoin guys seem to think it's a Steemit killer, which as an avid Steemit fan I obviously disagree with, but I do believe there is a bright future for Reddcoin. I currently have a few hundred thousand Reddcoin but I aim to have at least 5 million Reddcoin by the time Redd ID hits. Reddcoin uses Proof of Stake Time, which I actually really like, for those of you who do not know what it is, in short, it increases your chance of getting a reward as your coins mature. This rewards us HODLers and makes the coin much less appealing to the margin traders, giving the coin a bit more stability than some other options.
There you have it guys, these are the coins I currently have the most interest in and think have a lot of potential future value. In the coming weeks I am going to be investing in these coins quite heavily. Let me know what your choices are and why you like them. For me Steemit is about sharing knowledge and ideas, the more we share them the more money we all make.
Happy Mining
Viking
