3 cryptocurrencies to watch out for in 2018

3 cryptocurrencies to watch out for in 2018

Cryptocurrency is still relatively new to the rapidly evolving tech scene yet is already making waves in 2018. It has broken into mainstream media coverage and is spoken about by almost everyone these days.

However, the Cryptocurrency market is menacingly volatile, wildly unpredictable and is up and down like a roller coaster every week.

The adoption and implementation of blockchain technology and cryptocurrencies is still in its infancy yet shows enormous capabilities for growth, and has the very real potential of solving real world problems and advancing on existing technology.

As the market cap of cryptocurrencies grows bigger and bigger, new coins and tokens are appearing every month. Each coin offers something different and aims to solve real world problems using revolutionary blockchain technology.

Many won’t be around by the end of the year yet some are solving real world problems and offering cutting edge technology already.

Some are offering brand new infrastructure and storage capabilities; lightning fast peer-to-peer transactions;  revolutionary tracking and logistic technology and the interoperability of the entirety of a governments operations and infrastructure

If you need to refresh your memory on the potential and usage of cryptocurrencies, have a quick look at my introduction to cryptocurrencies.

I’m going to look at three coins that I feel will have a major impact on the way the world, business and our lives unfold in 2018.

Bitcoin – $BTC
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Yes. The coin that started it all, Bitcoin. It’s still the coin with the highest market cap, the highest volume and the most real world usage for a reason.

Although it suffers from major corrections, fluctuations, moon shots and dips, it rightly sits at the peak of the cryptocurrency market.

Notoriously known for slow transactions, high fees and a bulky infrastructure, the introduction of SegWit has dramatically increased transaction speeds and lowered fees to around 2 or 3 pence per transaction.

More and more companies, people and businesses are starting to accept Bitcoin payments as a form of payment, introducing the real world usage mentioned before.

It’s mainly been used as a store of value, like gold and silver, but now has the capability to be used as a currency, a payment channel and its original concept, storing large amounts of money in 1 coin.

Following a major correction to its perceived value, Bitcoin dropped from just under $20000 on the 17th December 2017 to hovering around $10000 in late February.

This correction was long overdue following a huge bull run before Christmas and was to be expected after such a dramatic increase in price.

There’s no predicting the actual price of Bitcoin of 2018 as it could drop to any price, or potentially reach new astronomical highs following major news or partnerships with already established coins.

My prediction for Bitcoin by the end of 2018 is $50000. Yes, say what you want. Truthfully, 50k is modest. I truly believe that 2018 is the year that cryptocurrencies will break out, and with Bitcoin leading the way, there’s no telling what will happen to the market cap of Cryptocurrencies.

ICON – $ICX
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Icon is a relatively new project hailing from Korea yet is already sending shock waves through the Cryptocurrency world. Their mission statement is to “hyperconnect the world”.

Their plan is connect different blockchain communities into one united network whilst allowing each community to retain its autonomy. Confusing, right?

More simply put, the Icon Network will allow hospitals, banks, government, insurance companies, schools, universities and businesses to connect to each other, transfer information seamlessly and allow for full interoperability between all of them.

Through the Icon network, all of these sectors can relay information on a single person or a large group between them effortlessly. People will be registered through a Blockchain ID on the Icon network.

This ID will be unique to every customer, and used on the Icon network to streamline processes between all the organisations on the network.

The coin itself, ICX, allows users to make real-time payments using the coin, such as vending machines that use ICX as a payment method and the currency that can be used on the Icon network to make payments between businesses.

The network went live at the end of January and is still very much in development. However, when the network is fully operational and different blockchain communities are using the network, its true potential will begin to show.

It is owned by Dayli financial group, a large FinTech company offering digital and technology solutions to businesses in Korea. The Icon foundation, based in Switzerland, also have a key contribution to the future of the coin.

Ironically, many Koreans haven’t shown an interest in ICX yet. This could be their national coin, the cryptocurrency that defines their country as a market leader.

With this in mind, my prediction for ICX by the end of 2018 is $30. With an ATH of $12 and a current trading price of around $4, it has suffered a fall from grace recently. However, Icon has the potential for exponential growth, room for scalability and an enourmous customer base at its disposal.

I’m expecting big things from Icon in 2018.

VeChain – $VEN
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VeChain has already been in business for two years, supplying customers with Blockchain technology that tracks items, confirms the authenticity and quality of goods whilst also regulating the quality control of food products.

This tracking network is in use by many manufacturers in fields such as agriculture, food production, logistics and transport and pharmaceutical companies to track their products around the world and monitor the supply chain.

They track products using RFID chips, NFC and QR codes. This process allows the flow of goods between two parties without having to question the authenticity of the product and eliminates the risk of buying counterfeit products.

In late February, VeChain is re-branding to VeChain Thor (VET). The new coin will allow businesses to make smart payments to one another on the VeChain blockchain.

VeChain have already announced partnerships with PwC through their Incubation programme, aiming to accelerate the implementation and advancement of Blockchain technology in Hong Kong and China.

The Chinese government  of Gui’an have also announced partnerships with Vechain. Being known for their stringent regulations, this surprising partnership could open the doors for implementation within the entire Chinese government.

My prediction for VEN/VET at the end of 2018 is $50. The potential of this coin is there to be the leader of product tracking technology around the world, not only in the Blockchain environment but in all products offering this service.

If new partnerships are announced and a bull run coincides with good news, the price could be much, much higher before the end of 2018.


All three of these coins are available to buy on exchanges. You can buy Bitcoin on Coinbase and then send it to Binance to buy ICX and VEN.

If you have any predictions for other coins, want to talk about cryptocurrencies or need any help in getting set up for investingtweet me on Twitter, leave a comment below or reach out using the contact page. Thanks!

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