2017 has really been a good year for cryptocurrencies. Led by their big brother Bitcoin, the crypto market cap had grown from less than $50B to over $600B in market capitalization.
Are we finally seeing the whole blockchain technology going mainstream? Probably yes. New entrants have come to the market and with that the market has gained confidence. Ethereum blockchain has also played a huge role especially in regards to scaling. With this has come the most popular crowd funding model right now- THE ICO.
At the start of the year the Chinese government indicated they would ban crypto and they made this threat a reality by going ahead and doing just that around September and with this came a massive sell out. The market was struggling to estimate the impact but it settled nicely and with it came the huge rally to $5k,$10k,$15k and finally $20k
Let's see if we can close at $25k which is highly doubtful but easily reachable. So what are my top altcoins to buy next year.
My top picks for next year include well known altcoins like
EOS
Vertcoin
Qtum
EMC2
Steem
Omisego
Cardano
Powerledger
Decree
Verge
Ethereum
Litecoin
I will be giving reasons for picking each in subsequent posts
Interesting, thanks!