Top 10 Cryptocurrencies to Invest for 2018

Find out the safest crypto investment bets for the year.

by George Koynov
10 March • 4 min
In Analysis
Investing in cryptocurrency is considered quite risky, especially now that we are witnessing the incredible volatility this market has experienced since the beginning of the year. To help you with your research, we present you the top 10 cryptocurrencies selected on the basis of minimizing your investment risk. As always, DYOR (do your own research!) and this is not financial advice. With that said, here we go:

1. Ethereum (ETH)

By far the safest investment pick for 2018. Not strictly a currency, ETH is, in fact, the largest dApps (decentralized application) platform with hundreds of new ICOs being built on it. ETH will be needed for the fees on all of these new dApps that are coming out this year. Bitcoin, on the other hand, has no such utility value.

2. NEO (NEO)

NEO utilizes Blockchain technology and digital identity to digitize financial assets and to automate the management of those assets using smart contracts. Often called the “Chinese Ethereum”, it has introduced a series of innovations that could potentially make it even more appealing to developers.

3. Monero (XMR)

Monero is a cryptocurrency that focuses on private, censorship-resistant transactions. It belongs to a class of cryptocurrencies that are also known as privacy coins. The need for privacy coins will likely increase in 2018, as governments are getting more and more involved in cryptocurrency tracking and regulation.

4. Bitcoin (BTC)

Just don’t buy it at the all-time highs and you’re good.

5. OmiseGo (OMG)

OmiseGo is an Ethereum-based financial technology for use in mainstream digital wallets. It enables real-time, peer-to-peer value exchange and payment services. Why is it a top 10 cryptocurrency? One word: Vitalik. That’s right, Vitalik Buterin, the mastermind behind Ethereum, is one of the advisors behind OMG. According to him, OMG will very soon be the first token to utilize the revolutionary Ethereum Plasma technology.

6. VeChain (VEN)

VeChain is a Blockchain-based ID management solution, which provides a unique encrypted ID tag for every manufactured product. VeChain has a huge commercial application potential, especially considering VEN’s partnership with Louis Vuitton, Renault, Kuehne & Nagel, and Jiangsu Printed Electronics. Oh yes, and with the Chinese government.

7. Wanchain (WAN)

Wanchain’s developers call it a financial super system. That might sound overly ambitious, but let’s look at what they are trying to achieve: WAN will be a cross-chain protocol for all financial Blockchains, which will create better quality financial services for everyone. Let’s hope they can deliver on that promise.

8. Litecoin (LTC)

LTC has a good chance of skyrocketing in 2018. With the recent introduction of LitePay services and the upcoming mass implementation of the Lightning Network, LTC is set to achieve what its big brother (Bitcoin) has a hard time doing. Namely, to become an actual real-world currency for all kinds of commercial transactions.

9. Steem (STEEM)

Steem is one of those cryptocurrencies that have been enjoying a real-world use case scenario for a while now. It’s all thanks to the Steemit social blogging platform. Platforms like Steemit, where each “like” earns you cash (well, Steem tokens first, then cash), might just be something that finally stands up to Facebook’s monopoly over user-generated content.

10. AppCoins (APPC)

AppCoins will be the tokens used by Aptoide, the world’s no.3 Android app store (right after Google Play & Amazon). Being no.3 might not sound all that impressive until you consider the fact that Aptoide has around 200 million users, most of them in crypto-obsessed Asia.