As Bitcoin, Litecoin, Ethereum, and Bitcoin Cash become more mainstream, people are looking for alternatives to invest in.
While alt-coins are typically riskier due to a smaller market cap, among other factors, they also offer greater rewards.
OmiseGO, Stellar, and Golem are three phenomenal buys for the upcoming cryptocurrency bull market.
As we saw in the cryptocurrency bull market of 2017, alt-coins are where the rewards lie.
Sure, investing in mainstream cryptocurrencies like Bitcoin, Ethereum, Litecoin, or Bitcoin Cash can definitely net you a pretty penny, but if you want to make very large returns, you need to dabble in alt-coins.
Not all coins are created equal, however. It seems that every day a new scam ICO is created, with the goal of fleecing the general populace of as much money as possible. This being said, there are a few good ones that are here to stay for 2018.
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To start, the fundamentals show us that there’s still a lot of room to grow. When we compare the current price, market cap, volume, and total supply of OmiseGO (OMG-USD) to a larger cryptocurrency like Litecoin or Ethereum, it becomes apparent that this coin is just getting started.
• Current Price: $12.70 (or .00154 BTC)
• Market Cap: $1,295,950,612
• 24h Volume: $35,761,400
• Total Supply: 140,245,398
While this coin has taken a stark hit over the past two weeks, many cryptocurrency bulls aren’t worried. OmiseGO is fundamentally valuable for a number of reasons and has a number of chips stacked in its favour.
OmiseGO has been rapidly expanding into Southeast Asia, as made evident by their recent contract signed with South Korean banking officials:
Thailand’s Omise and OmiseGO have signed a Memorandum of Understanding (MoU) with major South Korean credit card business and technical company ShinhanCard, an affiliate of Shinhan Financial Group, as part of a move towards fintech innovation and Blockchain adoption throughout Asia, according to Oise’s press release published Thursday, April 5.
In addition to this, a London exchange also just added OmiseGO, but the expansion isn’t going to stop here – not by a long shot. They plan to capture much of the market in Southeast Asia, and as cryptocurrencies become more common and accessible, the likelihood that their price will go up is very high.
The cryptocurrency is also backed by an incredible team, known for making results. One such member of their advisory board is Ethereum’s very own creator, Vitalik Buterin… and he doesn’t mess around, seeing that OmiseGO is the only coin he’s backed as of now.
Stellar (XLM-USD) is another example of a great cryptocurrency that could see very large returns throughout 2018 and beyond. Let’s start with the fundamentals, which also look solid.
• Current Price: $0.3177 (or .0000387 BTC)
• Market Cap: $5,902,104,333
• 24h Volume: $29,198,900
• Total Supply: 103,946,502,380
Like many other coins, Stellar has also seen a drop over the past several weeks. That being said, it is fundamentally solid and I wouldn’t be surprised if it nets investors ROIs that make last year’s crypto bull market look small by comparison.
Stellar is a decentralized, hybrid blockchain infrastructure that allows global, cross-asset transfers of value, where all users, from people to payment networks or financial institutions, have equal access and economic participation, making them one of the most unique alt-coins to date.
In addition to this, IBM (NYSE:IBM) just announced that they’re using Stellar for their latest blockchain-based project, and it’s been slowly rising despite recent cryptocurrency bearish market sentiment.
With Stellar, micropayments will become fully possible, and developing countries will finally have easy access to banking. This makes them a great candidate to invest in for 2018 and beyond.
Last, but not least, there’s Golem (GNT-USD) – the techie friendly, video rendering blockchain technology that’s promising to revolutionize the way that movies, games, and graphics are processed. Let’s take a look at the fundamentals:
• Current Price: $0.5356 (or .00006524 BTC)
• Market Cap: $447,197,151
• 24h Volume: $15,798,100
• Total Supply: 1,000,000,000
Golem is an Ethereum-based, global, open source, and decentralized protocol which unifies idle computer power to enable massive computing speeds for relatively low costs. This has numerous applications for video rendering, data processing, and more, which will enable institutions and content creators to process files in a fraction of the time it would normally take.
The coin just went live a month ago, and is causing a surge of faith in the Ethereum-based token markets. While it may take a while to hit the mainstream level for video producers, many crypto bulls believe it will be a game changer that could net massive returns over the upcoming years.
In addition to this, Binance, one of the largest cryptocurrency exchanges to date, just listed Golem to its cryptocurrency line up. This caused a temporary surge by over 15%, and although the price has since fluctuated, some have speculated that it could hit $1.00 very, very soon.
The Bottom Line
All in all, the cryptocurrency markets are the wild, wild west, but with increasing adoption by not only corporations and banking institutions, but by consumers as well, this “wild west” is about to be tamed.
As the public becomes more crypto-savvy, many bulls expect the prices of these three alt-coins to rise in massive value. They all have very solid fundamentals and offer a unique value proposition to the market which could potentially be game-changing.
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