Top 3 altcoins to watch in January 2018: NEO, WaBi and Substratum
As Christmas and New Year approach, we’ve decided that is good time to review the best 3 alternative coins that have all the chances to make good profits in the beginning of the next year.
#1. NEO
NEO has had a small pullback recently, but now it beats its own records and its price action looks very good. This is one of the good players that we want to look for in the upper and mid-cap range, as its current market capitalization is getting closer to $4,5 B.
NEO is one of the Ethereum competitors along with a lot of other enterprise solutions
NEO has a few cool events upcoming. One of them is DevCon and it will take place in late January next year. It’s going to be hosted in Silicon Valley. Such kind of event is very good for NEO as one of the biggest arguments against this digital coin is that it doesn’t have and great developer community. So such conferences will help NEO get new developers to build applications on top of their platform.
#2. WaBi
Official website: wacoin.io
This is a relatively new altcoin which was released in the middle of December.
WaBi for sure is an underrated project, there hasn’t been much hype around it before the launch.
The problem that the project aims to solve is the counterfeit market and fake goods, especially for countries like China. It touches all sorts of consumer products, from food and electronics to pharmaceuticals and other vital markets. A good example that shows that the problem is quite real is the Chinese milk scandal that happened in 2008. The reason for the scandal was that some Chinese milk companies were adding melamine to the baby formula in order to increase protein concentration. However, eventually this led to babies’ serious health problems and even to some deaths.
WaBi is offering a solution to this issue. They do it through something known as RFID (Radio-frequency identification) technology. It uses electromagnetic fields to automatically identify and track tags attached to objects via a mobile phone app. It helps to identify not only if a product is legitimate, but also allows you to keep a complete track record in history of there this product has been. Thus the technology helps to fight counterfeiting.
The Chinese market is huge and the coin for sure fill find the support among Chinese people.
#3. Substratum
Official website: substratum.net
Substratum is one of the preliminary projects in the crypto space as its main purpose is to decentralize the web in terms of censorship and bring the power back to consumers. This also regards web hosting platforms as most of them are currently located in the hands of a few big corporations.
This is also a relatively new digital coin as it has been launched in the beginning of October. They have quite a solid team of experts standing behind the project, so their goals have all the chances to be fulfilled.
In terms of price Substratum has shown good growth over the last month and it seems not to stop at that. This digital coin price has reached its maximum of $0.67 just yesterday.
Conclusion
So, these are the top 3 altcoins that are most likely going to win once the new year begins.
Please, keep in mind that We on the express our opinion and don’t give any advice on cryptocurrency trading. Make your own research, study the coins’ white papers and decide for yourself which altcoins to buy.
If you want to exchange some of these altcoins, you can do it at the altcoin trader online app BestRate.org. The service allows you to choose the best rate for any coin you want to trade, whether you want to make bitcoin altcoin exchange or buy any digital coin with BTC or ETH cryptocurrency.
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