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Top Three Cryptocurrency you should know right now

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We are only two weeks into 2018, but the cryptocurrency market has already achieved another major milestone as the total value of digital assets surged past $800 billion for the first time. At the time of research the total market capitalization was recorded as $809.9 billon, which represents a daily increase of nearly 11%. Over the last 10 months, cryptocurrency have gone from a vague and obscure concept to a mainstream investment attracting a large number of investors around the world. Over that period, the market capitalization has risen by an outstanding 3800%.

      One of the most astonishing fact of the latest rally is that Bitcoin, played only a minor role. Meanwhile, bitcoin’s dominance has dropped to records low with one third of the $750 billion cryptocurrency market capitalization allocated to the blockchain.
Three coins for the week
1) Ripple ( XPR)
2) Verge (XVG)
3) Tron (TRX)

 

Ripple (XRP)
Entrance Point : $2.05
Exit Margin : $ 3.50
Estimated profit for $1000 Investment :
Buying at $2.05      =     487.80487805 XPR
Selling at $3.50      =     $1707.3170732
Profit ~  $707.3170732
Ripple Analysis
Indication:  excellent   80% – 100&
                       Good         60% – 79%
                       Fair             40% – 69%
                       Low            20% – 39%
                       Very low     0% – 29%
                       Negative    -1% –
Total coin analysis score  – Good
Open communication channels – Fair
Team strength     – Good
Product strength  – Excellent
Coin strength  – Excellent
Business strength  – Excellent
Backed by community  – Excellent
Advisory board strength  – Excellent
Activity on social media  – Excellent
Inflation rate   – Good
Deflation rate – Very low

 

Ripple investment analysis
 
Coin age   53 months
Coin ranking – 3rd
Volatility ( 30 days)  124.80%
Cumulative Return   35,401.65%
Winning months   50.00%
Maximum  growth per month   1,122.47%
Maximum  growth per day   84.09%
Maximum drawn down per day   -34.75%

 

Fundamental Reasons
It took Ripple until December 2017 to become one of the world’s most talked about cryptocurrency. It has been a roller coaster since the beginning of the year 2018 for ripple. At its least point on Monday Ripple’s token hit $1.92 a coin, and after 12 hours it jumped to $2.41 for a daily loss of roughly 10%.
The coin’s sharp drop combined with etherum recent gains pushed XRP back to the 3rd position in terms of market capitalization. At current price, Ripple market capitalization is at $81.6 billion. The drop in the price of ripple was due to the general drop in the cryptocurrency market, but the price trajectory remains firm.
Last week, XRP price rises to $3.84 during one of the largest ever rallies for altcoins. With the latest correction, Ripple could very well become the world’s biggest cryptocurrency. At the current price level, Ripple would only need to get to $7 for its market capitalization to exceed bitcoins.
Unlike other cryptocurrencies Ripple works within the financial system, which gives it more room to grow. The ripple company which owns a large percentage of XRP tokens has announced several high profile partnerships with financial institutions aimed at solving liquidity challenges and boosting cross border flows.

 

Verge (XVG)
Entrance Point : $0.13
Exit Margin : $0.21
Estimated profit for $1000 Investment :
Buying at $0.13              =     7692.3076923 XVG
Selling at $0.21              =      $1615.3846154
Profit ~  $ 615.3846154
Verge Analysis
Indication:  excellent   80% – 100&
                       Good         60% – 79%
                       Fair             40% – 69%
                       Low            20% – 39%
                       Very low     0% – 29%
                       Negative    -1% –
Total coin analysis score  – Excellent
Open communication channels – Excellent
Team strength     – Low
Product strength  – Excellent
Coin strength  – Excellent
Business strength  – Fair
Backed by community  – Excellent
Advisory board strength  – Fair
Activity on social media  – Low
Inflation rate   – Excellent
Deflation rate – Very low
Verge investment analysis
Coin age   39 months
Coin ranking – 21
Volatility ( 30 days)  208.40%
Cumulative Return   2,338,867.20%
Winning months   83.00%
Maximum  growth per month   4,278.91%
Maximum  growth per day   166.99%
Maximum drawn down per day   -24.63%
Fundamental Reasons
Verge is a decentralized currency designed for users who value privacy. This has been achieved by using multiple anonymity centric networks like Tor or i2p. Verge has a low circulating supply, and what is in circulation is nearly the entire supply so there would be a natural positive increase in price. Circulating supply = 14.4 billion XVG and maximum supply = 16.5 billion XVG. 
The current market capitalization is $2.2 billion so to bring the coin to $1 would be a market capitalization of $10 billion and this is possible, with the slowly growing cryptocurrency market. Once verge moves beyond the current pump and dump phase it would surge up faster than the coin average. Verge is a good coin with a great idea, and there is a high demand for it. Presently verge is one of the cheapest most talked about coin on twitter and some major news articles. Some major benefits of verge are
·         Easy to mine
·         Low fees
·         Fraud resistant
·         Rapid transaction speed
·         Free to hold
·         Smart contract functionality
Tron (TRX)
Entrance Point : $0.1
Exit Margin : $0.3
Estimated profit for $1000 Investment :
Buying at $0.1              =     10000 TRX
Selling at $0.3              =      $3000
Profit ~  $ 2000
Tron Analysis
Indication:  excellent   80% – 100&
                       Good         60% – 79%
                       Fair             40% – 69%
                       Low            20% – 39%
                       Very low     0% – 29%
                       Negative    -1% –
Total coin analysis score  – Good
Open communication channels – Excellent
Team strength     – Low
Product strength  – Fair
Coin strength  – Excellent
Business strength  – Fair
Backed by community  – Excellent
Advisory board strength  – Good
Activity on social media  – Good
Inflation rate   – Good
Deflation rate – Very low
Tron investment analysis
Coin age   4 months
Coin ranking – 13
Volatility ( 30 days)  184.17%
Cumulative Return   5,314.29%
Winning months   17.00%
Maximum  growth per month   316.15%
Maximum  growth per day   134.22%
Maximum drawn down per day   -16.17%
Fundamental Reasons
Tron is a cryptocurrency that is attempting to free the interment from overbearing commercial influence. This is set to be achieved by focusing on the entertainment part of the internet. Tron aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each users to freely publish, store and own data in the decentralized autonomous form.
Tron is connected to China’s most powerful tech entrepreneur, and this makes it trusted by investors all over the world. Tron  have experienced a meteoric rise since the middle of December 2017. The surge was enough to make it the 13th biggest coin as of this writing.

Tron has gained so much popularity recently on the social media and cryptocurrency circles. It has also won some Gallup’s of the most potential cryptocurrency in the world. Tron is a real project with a strong team of developers. Tron has an active community of users, they are sure that the price will go up. This hype has for sure a big impact on the price of Tron.

 Contributed Article by Samuel Damfe via telegram if you are interested in contributing contact us 

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