The rate of market demand for bitcoin is increasing though recently there was a 30 percent drop it doesn't affect much. I would like to say that the massive challenge bitcoin face goes beyond the market forces to the political forces such as policies against it. Despite this the fall might ensue for a longer period given the enormous acceptability of its substitutes. This would not only cause a fall in price but also in value. I predict that bitcoin would have a massive survival challenge in 2018.

There are more than 5000 cryptocurrencies in the world but I am going to shortlist the Top 10 Cryptocurrency 2017 according to market cap, demand, future scope and value investment asset.


Top 10 cryptocurrency


#1 Bitcoin
As expected, the Bitcoin is in the top of the list with a market capitalization of $128,359,245,597 . It was invented by Satoshi Nakamoto (some beleive that Satoshi was actually not one person but a group of IT / banking specialists) at the time, it was the only virtual currency available in the market. You can buy 1 BTCUSD Bitcoin US Dollar by paying $7692 (18 November 2017) as its the costliest virtual currency in the market accepted and legalized in many countries. See the countries where bitcoin is legal and also countries where bitcoin is illegal .
If you don’t have $7690 don’t worry, investors can also buy satoshi which is the smallest part of bitcoin.
The Bitcoin miners are the key to Bitcoin security and miners are responsible for the creation of new bitcoins. But keeping you Bitcoin safe is the most important thing to do after buying bitcoin. You should also follow other
Bitcoin news .



#2 Ethereum

Ethereum is #2 on our Top 10 cryptocurrency 2017 list. It is a platform built for smart contracts that is controversial due to its recent hard fork which resulted in diverging blockchains. The market cap of Ethereum is $32,157,651,120 with a price of around 336.66 US Dollars.


#3 Bitcoin Cash

Bitcoin Cash is a breakaway part from Bitcoin, which is now a separate cryptocurrency itself. Bitcoin Cash has a market cap of $21,898,987,947, while you can buy one BCH for $1,303.
BCH especially started appreciating once the Bitcoin fork failed in November 2017.


#4 Ripple

On our top 10 cryptocurrency 2017 list Ripple stands as the 4th Best Cryptocurrency to invest. Ripple is a real time gross settlement system network by ripple. It was introduced in the year 2012. Meanwhile, it has a market cap of $8,748,471,371. You can buy one unit with a price of around $0.2265.


#5 Litecoin

It’s also an open source pear-to-pear digital currency same like Bitcoin. The market cap of Litecoin is $3,642,128,063 with a value of around $67.60 for 1 Litecoin.


#6 Dash

Dash, formerly known as Xcoin and Darkcoin and is open peer-to-peer virtual currency. It was introduced 3 years ago. Meanwhile, Dash has a market cap of around $3,439,084,884 at the time we wrote this outlook. One dash costs $446.86.



#7 NEO

NEO is a non-profit community-based blockchain project. The project utilizes blockchain technology and digital identity to digitize assets, to automate the management of digital assets using smart contracts, and to realize a “smart economy” with a distributed network. NEO has a market capitalization of $3,126,051,500 while you can get one NEO for $48.09.


#8 IOTA

The main innovation behind IOTA is the Tangle, a new blockless distributed ledger which is scalable, lightweight and makes it possible to transfer value without any fees. Contrary to today’s Blockchains, consensus is no-longer decoupled but instead an intrinsic part of the system, leading to decentralized and self-regulating peer-to-peer network. IOTA has a market capitalization of $2,133,859,296 while you can get one IOTA for $0.7677.



#9 Monero

Monero is an open-source virtual currency introduced in April 2014 that focuses on privacy and decentralization. Moreover, the market cap of Monero is $1,985,971,808 with a value of around $129.22 for a unit.



#10 NEM

Though NEM is last in the list but it is performing well. Moreover, NEM launch was on the 31st of March 2015. Nem runs in Java platform. The market cap of NEM is $1,742,634,000. Meanwhile, you can get one NEM for $0.1936
https://atozforex.com/news/top-10-cryptocurrency-2017/

Thank you for the info. Well and nicely researched.

Nice one

Well said. E seun