Hey all,
So I'd like to discuss something that will benefit everyone within the Steemit community. We all share a common ground - cryptocurrency. In this post I'd like to share my thoughts on the most profitable cryptocurrencies that we should hodl throughout 2018. You may also leave your ideas, thoughts and opinions below. I'd love to hear from you.
5. Cardano (ADA)
Although since its release in October 2017 it has reached the top 10 cryptocurrency, I do strongly believe this is still undervalued. It has a great team including the co-owner of Ethereum. The graphs show that this token could be the start of something much larger.
4. Waves
Purely looking at the graph this shows that it is at the beginning of a new cycle and upward trend. It still isn't too late to get involved. This coin will most certainly hit a new all time high and multiply your initial investment many many times. Looking at its previous cycle we can see the potential it has.
3. Stratis (STRAT)
Looking at chart on the long term it shows something almost identical to that of Waves. It's still not too late to get in. It looks like it broke out from the downward trend and within the next month or so we will definitely see this coin sky rocket.
2. Verge (XVG)
We already saw this coin hit the moon at the end of 2017. However, I do believe this coin is not done yet. Heavily undervalued it was one of the best privacy coins. This coin should be worth between 1 and 2 dollars and throughout the year we will see large spikes as we saw in 2017.
1. Ethereum (Eth)
This coin is an OG. I do believe that this year will be the year of Ethereum. One of the steadiest coins that rarely dips will multiply by 10 at least by the end of 2018. It is the only real contender against bitcoin. By the end of this season it will definitely shine.
My prediction for Ethereum: It will finish this year above 10 000 USD
If you took your time to read thank you and good luck to all!! :D
I wish this happen to eth. Good prediction
You're so nice for commenting on this post. For that, I gave you a vote!
Thx u very much, I keep an eye on you 👁
While I am also a fan of ETH, you should consider the math around it going to $10,000. Right now, as per coinmarketcap.com, ETH has a $112B market cap from the total market of $632B which puts it 2nd and almost 18% of total market. If it were to go to $10k, it would have around a $1 trillion market cap which is larger that the whole market right now. Let's says the total market goes up to $2 trillion (equal the amount of US dollar currency outstanding), that will make ETH half of the market which it does not hold today. Even Bitcoin is barely holding 33-35% of the market now with all of the alt coins outstanding. So, it may be a long shot for a $10k target (although I wish it were true because I own ETH).
Bitcoins market cap is only 200 billion and its above 10k. 2018 we are for sure going to see a bigger boom as more new people and new money starts being poured into crypto. Bitcoin has the potential to surpass 20k USD when the hype builds up around it again. Ethereum being in the 2nd position will follow up beside bitcoin and very easily come close to 10k if not pass 10k.
Early 2017 people couldnt imagine hitting 10k USD by the end of the year but by the end of 2017 bitcoin hit 20k USD. Open your mind and dont be so stuck with what seems impossible.
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