By Andrew Grachev – founder of Crypsis Blockchain Holding and manager of Crypsis Investment Fund
To start with, one of the most lucrative currencies should be mentioned, EOS. It has good prospects since on June 1 an EOS blockchain will be launched. This is a major news per se as the event has been much awaited for a year. The other factor is, all current EOS tokens of the ERC20 standard will be replaced with the tokens of the new blockchain and stop circulating. That will result in a reduced number of tokens, since not everyone will shift from ERC20 to EOS due to the behavioral economics. A chart analysis suggests that by June, EOS may be priced at $21.3 (currently, it is $8.4).
In 2017, its price was at times as low as $0.47 and peaked at $18. No doubt, it will be higher in 2018. This cryptocurrency may be purchased at Bitfinex exchange and kept either there or in a mobile wallet, Jaxx. But the tokens must be exchanged for the new ones (more detail at eos.io).
The second on the list would be Bitcoin. It is the only professional instrument and sort of an indicator for the market. All other cryptocurrencies to a great extent depend on Bitcoin’s exchange rate. The prospects of this currency are quire evident, as this summer the market will be joined by some institutional players (Goldman Sachs, for instance) and many hedge funds, which means a certain growth will be observed by summer. The growth has already started and in May Bitcoin may be worth between $11,000 and $15,000 and will then decline to about $5,000 or $6,000 by July. It will not fluctuate until September but subsequently can reach the level of $20,000 to $25,000. In 2017, Bitcoin’s value grew almost 26-fold and then declined by nearly 70% over the first quarter of 2018. This cryptocurrency may be bought at any exchange such as Bitfinex, Binance, etc. or in a currency exchange office. It is advisable to keep it in a wallet which can be opened at btc.com. Alternatively, a mobile application can be used.
The last on the short cryptocurrencies list is IOTA. In fact, that is an asset with the biggest potential among all of the current digital currencies. Still, it will not be in a position to realize that potential in 2018. IOTA is a cryptocurrency suitable for the IoT and minor transactions with no mining and charges. At the moment it is being tested by manufacturers of cars and implemented as a voters identification instrument at elections in various countries. Now the coin is priced at $1.66 and over the year may reach $6. The fundamental growth factors may be partnerships with major international companies and its network upgrade abolishing the validator (a nod, supporting transactions verification). Last year, IOTA pleased investors by demonstrating a 20-fold growth (from $0.3 in June to $5.8 in December). The currency can be acquired and kept at Bitfinex.