Top five altcoins to invest in November
Nov 11, 2017 Posted / 4459 Views
After the Bitcoin hard fork, one more altcoin has entered in the cryptocurrency market. Altcoins are the cryptocurrencies which are prevalent in the market other than bitcoin. With bitcoin popularity rising day by day, other cryptocurrencies might get overshadowed by it. But every cryptocurrency has its own purpose and position in the market which can be better than the other well-known one’s. Let’s see which cryptocurrencies will be useful for investors and people who want to invest:
IOTA is an altcoin that has focused on Machine to Machine transactions. The objective of this altcoin is to serve the machine economy by enabling feeless Machine to Machine payments. It is that genre of cryptocurrency which gives the complete ecosystem which is based on blockless blockchain. It also provides a well-organized, protected plus real time micro-transactions devoid of any fees. It is a decentralized and open-source cryptocurrency which is made especially for IoT.
Circulating Supply: 2,779,530,283 MIOTA
Stratis is a platform where you can create your own smart contracts. Ethereum also provides this facility of building smart contracts and it used its main chain to do that, while Stratis allows users to make smart contracts on the side chains.
Market cap: $374,400,901
Circulating Supply: 98,614,787 STRAT
Waves is an open blockchain platform which is similar to the bitcoin blockchain. The objective of the blockchain is to make an exchange for digital assets thus also providing a solution for crowdfunding issues. Generally, any person can utilize Waves platform to distribute, launch and trade their own crypto token.
Market Cap: $487,735,000
Circulating Supply: 100,000,000 WAVES
Steemit is a blockchain based social networking website which reward users to comment, post, upvote as well as to share content. Comparing it to the traditional social networks which are prevalent who take a huge amount of the money don't incentivize the people who make those communities, this blockchain pays it's users to be on the community.
Market cap: $241,674,678
Circulating Supply: 246,035,911 STEEM
DigiByte is a rapidly growing public blockchain which is highly decentralized. They are digital assets that cannot be destructed, forged or hacked, which makes them perfect for protecting objects of value like property, currency, information and vital digital data.
They can be sent over the DigiByte Blockchain as well as also can be recorded forever on an unchangeable public ledger which is decentralized on thousands of computers around the world.
Market cap: $95,518,827
Circulating Supply: 9,378,658,893 DGB
Applancer is an open platform for discussion on all things like Blockchain , Cryptocurrency and Ico news updates. As such, the opinions expressed in this article are the author's own and do not necessarily reflect the view of Applancer .
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