Since its boom, Bitcoin has become inaccessible for modest income investors and many are already exploring alternatives. Litecoin has a price of $277 and it is a good alternative. Others worth mentioning will be included in the article.
There are several cryptocurrencies with great potential and one of them might be the next Bitcoin.
- Litecoin (LTC): this virtual currency is on the rise as its market capitalization rose from $1 billion in 2013 to $4.6 billion in 2017. This is a good sign and its affordable price and a fast processing speed of 2.5 minutes, make this cryptocurrency our second best choice.
- Ripple (XRP): It is the fourth largest cryptocurrency and it was created to offer frictionless experience to customers. They can send money using blockchain technology. It gives a great advantage to financial institutions looking to send their money globally through instant payment. Also, this form of payment reduces costs. The price of an XRP is of $1.
- Verge (XVG): This cryptocurrency was created to using the original Bitcoin chain, but with improved features. The idea is to provide business and individuals a fast way of making direct transactions and to maintain personal privacy at the same time. All transactions are untraceable due to the fact that Verge uses anonymity-centric networks (Tor, 12P etc.). Its capitalization market is of $2.2 billion.
- Zcash (ZEC): This cryptocurrency is also a good choice for those who enjoy making transactions without leaving too many traces. Transactions using Zcash are very private and only show that the transaction took place. The names and amounts of the participants are not recorded. It uses open source protocol and it has the ability to see a private or shielded transaction. Its value is of $518.