Tuesday 23 May 2017

The Promising Cryptocurrencies of 2017

Croptocurrencies are flowing everywhere worlwide in 2017. There are more then 700 virtual currencies running in financial market. The year 2017 has been the most promising year for the cryptocurrencies. From the acceptance of bitcoin and other virtual currencies to making them a mode of payment multiple decision had been taken this year.


Naming some popular cryptocurrencies of 2017 below:

1. Bitcoin

Bitcoin is the most popular and promising virtual currency of 2017, The best bitcoin rate till date is $2,238 according to coindesk. The assumptions made for the bitcoin value will be reaching $3000 by the end of this year. It's not too late for investing in bitcoin.

2. Ethereum

Ethereum is also sparkling and shows the continued surge in its value. By the few percent of slip in currency its value again stood up. Ethereum has also shown its potential by its bullish trend when it reached $300 in March. the currency may reach $100 this year assumed by the analyst.

3. Ripple

The banks may adopt ripple network in their use of transaction and other banking operation due to its fast and traceable service. The virtual currency has been shooting high starting from the least price value. Ripple has great possibilities to surge high, a good chance to make handsome amount.

Seeing all these cryptocurrencies such as litecoin, altcoin, dash etc. The bitcoin seems more promising this year. The acceptance of bitcoin in western and Asian countries. The increasing demand to buy bitcoin making the best bitcoin exchange register in most of the countries.

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