The Top Cryptocurrency in 2017: Which One To Buy or Not?

The price of Bitcoin is dropping while Ethereum is looking to take hold of Visa transactions.

The Top Cryptocurrency in 2017: Which One To Buy or Not?
The price of Bitcoin is dropping while Ethereum is looking to take hold of Visa transactions. The future of digital money has been discussed by top cryptocurrency entrepreneurs, bankers, and venture capitalists. Fortune organized Fortune’s Brainstorm Tech conference in Aspen, Colo.

Back in July, the group met at the Aspen Institute for a breakfast roundtable discussion.

The conference headliners included the CEO and cofounder of 21.co, Balaji Srinivasan, the CEO and cofounder of Blockchain, and Peter Smith who is the CEO and cofounder of Tezos, Kathleen Breitman.

The panel evaluated on all factors from blockchain and the original cryptocurrency, the longevity of Bitcoin, the cryptographically secured ledger, to the new technologies on hosting token sales.

Based on expert knowledge here are some hints and predictions.

The growing demand of cryptocurrencies led to the surge in its prices. Investors are interested in cryptocurrencies rather than retirement plans and mutual funds. Having that in mind, the list below has the top 10 best cryptocurrencies of 2017 that might surge in the near future.

The Top 10 Cryptocurrency 2017 is based on demand, market cap, and value investment asset.

  1. Bitcoin

It’s not a surprise that Bitcoin is leading the list with a market cap of $76,817,853,616. It’s believed that Bitcoin was invented by Satoshi Nakamoto, however, some people think it was invented by a group of IT / banking specialists. One Bitcoin is going for 4740.07 US Dollar (11 October 2017). Bitcoin stands as the most expensive virtual currency in the market. There’s also an option for investors to purchase the smallest part of Bitcoin known as satoshi.

  1. Ethereum

The second cryptocurrency on the list is Ethereum. The platform was developed for smart contracts. However, it was recently controversial due to the divide that resulted in swerving blockchains. Ethereum’s market cap stands at $28,627,887,180 with a price $301.19.

  1. Bitcoin Cash

Bitcoin cash stands as a separate cryptocurrency from Bitcoin with a market cap of $5,332,401,049, its currently priced at $319.68.

  1. Ripple

The top cryptocurrency list in 2017 puts Ripple at the 4th position. The real time gross settlement system network was introduced back in 2012. It’s market cap stands at $10,024,730,243. You can purchase one unit at a price of $0.259705.

  1. Litecoin

Similar to Bitcoin, Litecoin is an open source pear-to-pear digital currency. It’s market cap is $2,698,887,055 at a price of $50.62 for 1 Litecoin.

  1. NEM

NEM, which runs in Java platform, was launched on the 31st of March back-in 2015. It’s market cap stands at $1,921,212,000. In the mean-time, you can get one NEM for
$0.213468.

  1. Dash

Formerly known as Darkcoin and Xcoin, Dash is open peer-to-peer virtual currency that was introduced in 2014. Dash has a market cap of $2,198,838,483. One Dash is selling for $288.79.

  1. Monero

This open-source virtual currency was introduced in April 2014. This currency emphasizes on decentralization and privacy. Its market cap stands at $1,314,093,940. Its selling price stands at around $86.45 for one unit.

  1. IOTA

IOTA employs the new innovation which has a distributed ledger without blocks. The lightweight and scalable currency can be transferred without any fees. Unlike other Blockchains, consensus is an intrinsic part of the system, this facilitates decentralized and self-regulating peer-to-peer network. IOTA has a market capitalization of $1,332,326,148, at a price of $0.479335 you can get one unit of IOTA.

  1. Ethereum Classic

Ethereum scoops the last place on the top cryptocurrency 2017 list with a market cap of $28,798,568,216. Its value stands at $302.99 for one unit.

Date Of Update: 16 October 2017, 01:03