Cryto currency is becoming more and more popular with each passing day. The word is fast spreading and more people are using it today than ever before. Although not many are aware what it really is but the buzz word is that people can become millionaires in just a couple of months by trading or investing in crypto currency.
Crypto currency works on the concept of digital currency that is holding a very strong future rather than paper currency that will soon vanish as digital grows in every sphere of our lives. Money is mostly stored in digital formats today and we all are making digital transactions on a daily basis somewhere or the other. For example, using your credit card to make payments that does not involve transacting physical cash.
The total market value of crypto currency in the world today is expected to be around 100 billion US dollars and this is expected to rise as more and more people are investing and trading this. Here is a list of the top five crypto currencies to concentrate on if you are also one of those who dream of becoming a millionaire in just a few months.
The below list talks about 5 crypto currencies or coins that can help you reach your dream if you invest in them soon.
Digibyte: This is perhaps the most valued crypto currency today. This is soon collaborating with Minecraft, which is bound to increase its market price. Investing in digibyte is also safe as it is believed to be five times more secure and safe than the other crypto currency Bitcoin because it works on five different hashing algorithms rather than just one like Bitcoin. In terms of transaction speed, digibyte works the best and it is estimated that this crypto currency will grow tremendously to reach about $0.1 to $0.2 by the end of the calendar year 2017.
Ripple and XRP: Ripple is defined at the new technology that helps banks in making transactions all around the globe in just a fraction of a second. The crypto currency used behind this amazing technology or process is called XRP. As more and more banks around the globe are adopting Ripple to increase their business, an upward trend in XRP is seen. And this makes XRP a great crypto currency to invest in today to reap the best results in days to come. The other reason to greatly invest and trade in XRP is that this is the only crypto currency that is centralised and globalised today.
Steem: This crypto currency is based on the concept of a social media platform and is formed on the new-generation block chain. How this works is that it rewards audiences and creators of content on social media by paying them in crypto currency, Steem coin. As the power of social media continues to rise and become a worldwide trend, there is sure to be a surge in this crypto currency and people who invest in this today have the potential of seeing bright light at the end of the tunnel soon.
The other two crypto currencies to keep an eye for are Bitshare and Stellar Lumens. With Bitshare, it is currently valued at $1.125 and its 24-hour trading volume is estimated at 24 million US dollars. With Stellar Lumens, it is currently valued at $0.016 and the 24-hour trading volume for this crypto currency is estimated to be at 4.3 million US dollar.
So these top five crypto currencies do give you an idea on how crypto currencies are performing in today’s economy and which ones have the potential to grow multi fold in days to come and can accelerate your path to becoming a millionaire so you make smart trading and intelligent investing today for a great future tomorrow.