With all the available choices of altcoins in circulation today, choosing the right balance between risk and reward isn’t always as easy as it seems. What makes matters even more challenging is the fact that there are hundreds of projects which have already been labeled as “dead coins” by researchers who track the lifecycle of cryptocurrency beyond their initial coin offering (ICO).
Although there are many investors that are content with sticking to the top 10 altcoins regarding their investment portfolio, there are still plenty of others that are looking for the next “diamond in the rough” to bring them in the type of ROI beyond their wildest dreams.
In order to find these potentially lucrative altcoins, we have to look beyond the top 10 largest cryptocurrencies by market cap. It’s difficult to say if the points mentioned below will generate an ROI of 100X that would mirror the rapid rise in value like Bitcoin, Ethereum, Neo, Litecoin, but they have proven to be rock solid companies with utility technologies that far surpass your average cryptocurrency.
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With that being said, the five altcoins we list below show an incredible investment opportunity as their project specifications suggest solid fundamentals.
Deepbrain Chain (DBC)
Currently valued at less than a dollar per coin, Deepbrain Chain is considered a bargain regarding his role it plays in artificial intelligence in order to lower computing costs. DBC is included in one of the fastest-growing market (AI) to date. This explains it’s undervalued status as the company explains within their white paper that 5000 AI startups came into existence within a four year (2012-2016).
Also worth noting, they collectively raised over $22 billion and unlike other crypto companies DBC has already established a partnership with NEO. The company is also considered to be one of the leading artificial intelligence projects within the blockchain space.
You can currently purchase this coin on the Kucoin exchange.
Power Ledger (POWR)
This token is located just inside the top 100 (90 at the time of this release) in relation to its market cap, however the platforms value proposition is as valuable as they come.
Power Ledger platform allows users to trade electricity to one another in exchange for real time payments recorded on the blockchain. The company labels itself as “P2P marketplace for renewable energy” due to the fact that it allows consumers to select clean energy sources and receive payment for the excess power using a technology called “low-cost settlement”.
Much like other altcoins, PWR experienced explosive growth during the fourth quarter bull market of 2017. Tokens are currently at a bargain around $0.28 per coin at the time of this release.
You can purchase this coin on the Binance exchange.
The next cryptocurrency on the list will catch your attention with its outstanding development team, transparency, and ASIC resistance standard, making it one of the most decentralized cryptocurrencies on the market.
Heavy proponents of decentralization will find plenty of agreeable aspects to this token. Interestingly enough, Verticoin is one of the oldest cryptocurrencies on the market. It was founded back in 2014 as an alternative to Bitcoin and Litecoin. The project was even mention it Litecoin’s white paper is a candidate for atomic swaps and is on the forefront of Lightening Network development.
The long-term prospect of this cryptocurrency is about as solid as they come. You can purchase the coin on the Bittrex exchange.
This project emerged out of Disney back in 26th. It has since been developed as an open source business platform that allows for the creation of secure and scalable blockchain.
DragonChain is part marketplace, part incubator, and provides a smart contract infrastructure with a heavy focus on development, security, and scalability.
Given its potential to transform small business adoption of blockchain, DragonChain is considered to be extremely undervalued due to the limited number of listings on current cryptocurrency exchanges.
The coin can be found on such platforms like Kucoin and EtherDelta. Look for its value to explode once it reaches some of the more mainstream exchanges like Bittrex and Binance.
The token is currently ranked at #134 with a market cap of $55 million.
The Ark platform is a smaller Alternative to ICON, that carries huge potential in connecting networks. This token connects all cryptocurrencies through a virtual spiderweb of endless use cases.
The company employs a Delegated Proof Of Stake (DPOS) protocol which includes a universally accessible programming language as well as decentralization. Ark can be categorized as a platform coin, which means it’s a great currency to hold for a buy and hold strategy.
Ark token can be found on Bittrex, Binance, and Upbit. It’s currently ranked at #84 at the time of this release and has a total market cap of $104 million.
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