The crypto currency rage in 2017 has had a massive impact on the millennial investors. People today are more open to investing in crypto currencies and why wouldn’t they be, when some of the currencies have delivered massive returns to the tune of 2500% in just over six months. This party will definitely spill over to 2018 and here we take a look at five crypto currencies with the highest potential to make you super rich.
Ripple is one of the fastest growing crypto currencies in the crypto land. It has already skyrocketed from just 0.05 cents back in January 2017 to over $1.25 in December 2017. The potential for Ripple’s crypto currency XRP is huge since many banks are currently testing it to transfer remittances instantly. Once big banks begin to use XRP in daily transactions, the currency is expected to surge to at least $10 in 2018. This, however, is just speculation but it’s not too far fetched considering Ripple has American Express as its existing customer. For beginners, consider Ripple as the Amazon of fintech world in 1997. For those who know what Amazon is valued at currently, Ripple promises to be the biggest crypto currency in the next year and a half.
2. Red Pulse
Red pulse is a relatively new crypto currency that promises to herald a revolution in the research content ecosystem. The red pulse platform is creating a groundbreaking research platform that will aim to simplify incentives and directly compensate research producers for their valuable insights. Their red pulse token, thus, facilitates this ecosystem by powering a brand new content production, distribution, and consumption platform.
Red pulse CEO Jonathan Ha, while speaking to Neonewstoday, explained why he was bullish on high growth for the company saying, “According to consulting firm Burton-Taylor, the global financial data and research industry topped $27bn last year. Although Red Pulse intends to take up a specific niche area, it’s certainly a massive market to grow into. To expand and extend our platform, we’ll initially focus on key markets that we know and understand, such as Greater China. As we establish ourselves and validate our operating model, we’ll gradually expand to other regions and service offerings.”
The current platform was launched in 2015 and is being used by 50 institutional clients including partnerships with Bloomberg, Thompson Reuters, S&P Capital IQ, and FactSet financial terminals. It is because of such strong fundamentals that it is currently trading at 16 cents when it started at just .05 cents. It has already tripled in value and has the potential to go at least $4 by the end of 2018.
OmiseGo has had staggering growth over the past six months. Back in July, the OmiseGo token was trading at 0.43 cents and is currently at $15.5. So, if you had invested just Rs. 100000 in Omise in July, that investment would have been worth Rs. 37,00,000 today. This mind boggling growth in its trading price is a factor of multiple partnerships the team at Omise was able to pull off including with fast food giant McDonalds.
Probably one of the crypto currencies with maximum potential, Dent started off with a noble cause. They wanted to make mobile data transfers easier from one geographical location to the other. With an app launch in December and data transfers currently active in US and Mexico, Dent has proved to be a product company leveraging crypto currency to the fullest. You can actually buy, sell and transfer data from US and Mexico with Dent tokens and this simple use case has been magical for Dent investors. It has seen 20x returns in just three months and the 2018 roadmap looks quite solid to deliver 50x returns on the money invested.
Bitcoin still remains the most recognised crypto currency in the market. With a marketcap of $270 billion, Bitcoin is worth more than many fortune 500 companies combined. The investors are bullish about Bitcoin because of its low circulation and wide adaptability. Some prominent investors have predicted the bitcoin to surge above $100,000 in 2018 and it’s not saying a lot as it recently touched $20,000 before settling around $16,000. If you are a bit conservative and still want good returns then Bitcoin is the way to go.
Disclaimer: The investors must do their own research before investing.