Alternative coins refer to any other cryptocurrency that isn’t Bitcoin. Based on price growth and market cap, An analysis of the top performing altcoins from 2017 points to where altcoins will be headed in 2018.
Investing in altcoins in 2018
With each coin offering something unique to the blockchain user, here’s a breakdown of what makes each coin a good investment this year:
2018 predictions
If you’re looking to invest in one of the currencies on this list, market growth for altcoins in 2018 looks great. Bitcoin’s “dominance” factor is currently only 37.5%-52.5% down from a year ago when it exceeded 90%.
Remember that no currency is protected from investors pulling out, laws changing, or the growing adoption of altcoins. At the time of writing, the crypto market was in the middle of a huge crash amid a major selloff. And even though most of those values have bounced back, the market is well known for its fluctuating nature, because, like any investment, values are subject to change based on uncontrollable and unpredictable factors.