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The growing awareness and adoption of Bitcoin BTC , the most famous virtual currency, has helped lift many boats in the cryptocurrency sea. Before we begin telling you more about the various cryptocurrencies and their predicted growth for the year , we would like to make you aware of one smart way to invest into cryptocurrencies. No need to bother with storing your bitcoins. No need to look for a legitimate exchange. Some of the cryptocurrencies other than Bitcoin worth watching in are:.
Litecoin was created in If Bitcoin is the gold of virtual currency, then Litecoin is considered the silver. The virtual currency claims that it has a faster processing speed than Bitcoin. It has been a volatile year for Litecoin. Slightly over 48 million units of Litecoin are available and its supply is capped at 84 million.
Peercoin has struggled to maintain its value in a year that has been largely turbulent for cryptocurrencies. Peercoin was founded in and it claims to require less energy to produce compared to Bitcoin and other virtual currencies.
Further, Peercoin says its mining is environmentally sustainable. About 24 million units of Peercoin are available. Ripple has had a fairly friendly year in , though it is off its peak price. Instead, the cryptocurrency is designed as a payment network.
The Ripple network accommodates other virtual currencies and also supports automated currency trades. Google Ventures GV is among the investors in Ripple. More than 35 billion units of Ripple are available, with the supply capped at billion. If central banks in Europe and Asia maintain their loose monetary policies in , demand for cryptocurrencies is likely to remain strong as traders have access to easy money.
Stay up to date with the financial markets everywhere you go. Home - Top Stories - Altcoin Forecast: Some of the cryptocurrencies other than Bitcoin worth watching in are: Google Venture among the investors Ripple has had a fairly friendly year in , though it is off its peak price. Comments 0 comment s Click here to cancel reply.
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