Before bulls take the charge and lift the crypto market skywards, it’s time for you to start adding cryptocurrencies to your portfolio.
Get prepared before bulls come charging
Bulls charging the crypto market is a matter of when not if!
The crypto market is divided into two sides where one believes bulls are coming by the 2018 end, while others, also the optimistic bunch, but they believe this time we have to wait longer than this year-end before bulls are here to skyrocket crypto prices.
Sooner or later, we’ll be seeing significant greens, so, it’s time that you prepare yourself for those times. Now, it comes down to the cryptocurrencies that you need to add to your investment portfolio. Though it is in no way an investment advice, the below explained cryptocurrencies are currently the best bet for a number of reasons.
The safest one: XRP
The world’s 3rd biggest cryptocurrency has a number of developments and controversies to its name. Ripple is the company behind XRP that has a series of products like xRapid, xCurrent, RippleNet, and xVia among others that are constantly has something to add in this market with its partnerships, listings, and announcements. However, it is also tangled up in a series of lawsuits but has managed to make small victories along the way.
When it comes to the price, XRP is currently down 91.27 percent since its all-time high at $3.84. So, XRP price hike has a lot of possibilities that make, buying it at this dip since. Having said that, before and after skyrocketing, XRP has maintained somewhat of a balance as it stayed below $1 and above $0.25.
The potential one: IOTA [MIOTA]
With the market space of Internet of Things (IoT) growing rapidly and further expected to only rise in future, IOTA has a lot of potential in various sectors viz. automotive, energy, health, smart city, and customer service. From IOTA’s side, it has a lot to offer in terms of scalability, Qubic product, and partners like Fujitsu, Bosch, VW, The UN (UNOPS), DNB, MOBI, ICT, Taipei, DXC, Schindler Group, Kontakt_io, InnoEnergy, Grandcentrix, and Biilabs among others.
At 11th place, IOTA is currently down by about 87 percent since its ATH at $5.69. With a market cap of $1.9 billion, IOTA has a lot to offer to its investors.
The hyped one: Tron [TRX]
One of the most active cryptocurrencies, Tron is almost all the time in the news. Its CEO Justin Sun is constantly updating the Tron community about the upcoming developments having recently launched its mainnet, and TVM. Apart from acquiring BitTorrent, the altcoin is regularly adding new exchanges to its name.
Crypto market is highly depended on the sentiments of the people which are easily affected by both the positive and the negative news. So, by maintaining its hype in the market, Tron manages to create a lot of buzz. Down by over 91% at the moment, Tron is at 13th position.
The performer: Basic Attention token [BAT]
Basic Attention Token is own of those coins that are down in the range of 70%. BAT’s all-time high has been $0.98 in January.
Brave just reached 4 million monthly active users, 21k verified channels and 26k publisher accounts. By this year-end, the goal is to reach 5 million while brave-core and BAT will hit mobile this fall.
Special mentions: Monero, Stellar, Ethereum Classic
From their ATH, these coins are down by, Monero (XMR) 75%, Stellar (XLM) 76%, and Ethereum Classic (ETC) 70%. These coins are constantly maintaining a combination of upward price movements and developments with a potential of moving higher in the future.
Disclaimer The views, opinions, positions or strategies expressed by the authors and those providing comments are theirs alone, and do not necessarily reflect the views, opinions, positions or strategies of CoinGape. Do your market research before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
Having a background in writing, I worked on a wide array of industry topics and have recently entered the world of Blockchain and Cryptocurrency.