Author Topic: List of Top Cryptocurrencies 2015 – 2017  (Read 476 times)

specialcolector

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List of Top Cryptocurrencies 2015 – 2017
« on: November 03, 2017, 04:13:43 PM »
List of Top Cryptocurrencies 2015 – 2017

To start this page off, let’s first take a look at the top 10 or so cryptocurrencies of 2015 – 2017 to get a sense of which ones have stuck around and which ones are up-and-coming.

This list was created by us (cryptocurrencyfacts.com) and is based on familiarity, market cap (total coins that will ever be produced times current value), the ease with which a coin can be traded for fiat currency like the US dollar, and the coins potential to survive trends.

In other words, these are the coins that we think are the most valid to invest in and explore for new coin users (not simply the coins with the highest market cap, value, or most relevance alone). With that said, any “best of list” is bound to have opinions in it, and this is true for this list as well. So do feel free to compare.

The most relevant cryptocurrencies are:

    Bitcoin: Bitcoin is an easy pick. It was the first major usable cryptocurrency, it has the highest market cap, its coins generally trade at the highest cost of all cryptocurrencies (about $225 USD as of June 2015… but as high as $5,000 during early September 2017). Despite the big increase in price, Bitcoin is the best choice for anyone entering the cryptocurrency space. It is the most familiar and invested-in coin, it’s a lot of things… primarily Bitcoin is the reason anyone is talking about cryptocurrency in the first place. You might not want to start a CPU-based Bitcoin mining company in 2017 or start buying coins for $5,000 a pop (which is fine since you can buy fractions of a coin)… but it’s still going to take 1st place on our list.
    Litecoin: Litecoin is probably the second most important digital coin. It had the third-highest market cap as of June 2015, but today it sits closer to 7. Despite the decline, CPU mining is still sort of possible, people know what a Litecoin is, it uses essentially the same technology of Bitcoin, and it costs about 1/50th – 1/100th of what Bitcoin does .”
    Ethereum: Is probably the third most important coin, if not the second. It doesn’t have the longevity at the top like Litecoin, but it is built on a system that other coins are built on. Most ICOs (Initial Coin Offerings) use ethereum. It has a less intimidating cost that Bitcoin, and has the second highest market cap. On that note, Ethereum classic is also notable. Ethereum is actually a spin-off (aka “hard fork”) from what isn’t today called Ethereum classic (like how our next up coin, Bitcoin cash, is a spin-off of Bitcoin.)
    BitcoinCash: BitcoinCash is a spin-off of bitcoin, meant to have faster transactions, voted on and implemented by the Bitcoin community. It is too early to call, but this coin has a high market cap and could shape up to be a top player. Keep your eye on it, but don’t go treating it like it will have the staying power of BitCoin.
    Dogecoin: Dogecoin  had the 7th highest Market cap as of June 2015. In 2017 it is still a contender. Individual coins aren’t worth as much as other coins on the list, but it’s value and popularity have remained relatively steady despite notable highs and lows. Dogecoin essentially uses the same technology as Bitcoin .
    Namecoin: In 2015 Namecoin looked promising, here in 2017 there is a little less hype. Still Namecoin is notable. Namecoin is almost exactly the same is Bitcoin. It was the first “fork” of the Bitcoin software (ie. it’s based on Bitcoin and has the same unit cap, but has a few  tweaks as to how data is stored).
    Darkcoin (Dash): Darkcoin, known as Dash as of March 25, 2015 (dash=digital cash), but previously known as XCoin, is the most unique (functionality-wise) of the coins we have discussed so far. XCoin was developed by Evan Duffield who wanted to improve on Bitcoin but didn’t have the pull to do so and thus developed his own coin. Essentially, it uses less power to mine Dash than most coins. Using less energy to mine is important because mining coins is one of the most wasteful processes you can imagine.
    Nxt: Not only does this nifty coin sport the name of Steve Job’s other company (ish), it actually uses a really cool and totally different algorithm for producing coins. This algorithm – an implementation of a proof-of-stake scheme rather than proof-of-work – is arguably less burdensome on the environment and has long-term potential.  It is still priced very low in terms of USD.
    Peercoin: Like Nxt, Peercoin (abbreviated PPC) uses a proof-of-stake system; in fact, it was the first proof-of-stake coin. It’s worth about $0.40 on the USD and has a market cap of almost ten million. This coin has everything going for it and is a fairly smart bet as far as cryptocurrency goes.