Based on price growth and market cap, Fortune Jack analysed the top
performing altcoins from 2017, to find out where these altcoins will be headed in 2018.
Top
performing Altcoins such as Ethereum, Dash, Monero, Litecoin and Zcash all showed gains during this time.
At a time when cryptocurrencies are really struggling to recover, it comes as a surprise to see some altcoins really performing well, below I have gone ahead and combined a list of 5 best
performing altcoins of the past 24 hours.
Among the best
performing altcoins boasting a high market capitalization have been Litecoin and Ethereum Classic — both of which appear to have benefited from FOMO leading up to their respective forks, gaining over 100 % since early February.
Litecoin: Litecoin after experiencing stagnant growth over the past few months is currently on track to be one of the best
performing altcoins in the top 10 categories based on coin market cap.
All of the well -
performing altcoins started with almost no value and have gone on to become major players in the cryptocurrency market.
CoinFi already employs a team of several junior equities analysts to help
perform altcoin research and compile data.
Not exact matches
So far, I have not heard of a single problem that an
altcoin had in
performing a network upgrade via hard fork.
Other
altcoins performing well this morning include Dash, Tron, Stratis, and RChain.
Diversification is wise, particularly since many of these «
altcoins»
perform well when Bitcoin drops.
After all, the PPCoin Price / Value is
performing well compared with the other
altcoins.
While some
altcoins out there can and do
perform useful tasks (for example acting in a testnet capacity or offering greater anonymity than bitcoin) and may have a future, many others are exclusively driven by speculation or worse.
Other
Altcoins Market Today Today, Particl (PART) is
performing really well.
In the past, when Bitcoin
performed well, the other
altcoins like Litecoin were usually adversely affected and posted sharp declines.
Other
Altcoins Market Today There was no high
performing coin today except Nano, which is trading around 11 % higher to USD 8.85.
This, however, raises the question of how the
altcoin will
perform on itself for example if the price of Bitcoin Cash tumbles or achieves goes flat.
According to a recent CNBC article, «Bitcoin was the top
performing cryptocurrency in the last three months, despite the mega-rally earlier this year in so - called alternative coins, or
altcoins.»
FOMO Moments is a section that takes a daily look at the top 25
altcoins during the Asian trading session and analyses the best
performing one, looking for trends and fundamentals.
Other
Altcoins Market Today Today, SingularityNET is still
performing well.
Several
altcoins such as ICON have also
performed well against bitcoin, leading to excitement within the cryptocurrency space.
With the big market players
performing badly in the market, the investors are switching to more profitable options, and Cardano (ADA), which is listed among the most promising
altcoins, can be a rewarding investment.
Altcoins such as Ethereun, Dash, Litecoin and Monero
performing well.