Even if there are people running around warning us about the impending crash of the “bitcoin bubble,” there’s just one thing that makes it very easy to ignore all that commotion: the crazy amount of growth we witnessed last year. The cryptocurrency market skyrocketed in 2017. The massive growth has made a lot of investors filthy rich in a very short amount of time. We already know how every coin performed last year. Now, every investor wants to know: what will be the best cryptocurrency for 2018?
Compared to a year ago, the two top-dog currencies Bitcoin (BTC) and Ethereum (ETH) soared in value to generate 1,616% and 12,570% in gains, respectively. But it really wasn’t Bitcoin or Ethereum that stole the show in 2017 – it was the altcoins. Alternatives to BTC and ETH were what caught fire last year (and have the most potential to remain hot in 2018).
Don’t get us wrong, we love Bitcoin and Ethereum – but wouldn’t you rather bet on the next Bitcoin or Ethereum? We’ve all heard the stories of the Bitcoin Millionaires and Bitcoin Billionaires (Winklevoss Twins, anyone?). What will be the next cryptocurrency to spit out staggering gains like those ones? Which will be the best cryptocurrency for 2018?
They are probably already out there. There are altcoins on the market right now that are just waiting to gain traction. Somewhere in a crypto exchange is the next rising star cryptocurrency. And somewhere out there is the next Bitcoin, the next Ether, or the next Ripple (XRP).
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