6 Digital Currencies In Addition to Bitcoin That Are Suitable for Investment

digital currency

Bitcoin is the most popular digital currency, but certainly not the only one in the world.

At least as of July 2016 there are more than 710 digital currencies actively traded in the world, but few have a market capitalization above US$10 million.

With a price of more than 1 ounce of gold, bitcoin is undeniably the highest in value.

Because it can be used to watch to buy goods and services such as currencies in general, as well as the potential to continue to increase in value, not a few people make the digital currency an option for investment.

Well, in addition to Bitcoin 6 digital currency is also suitable for investment.

1. Litecoin

The digital currency, first launched on October 7, 2011 by Charlie Lee, a former Google employee, reached a market capitalization of US$1 billion as of November 2013.

Currently one Litecoin is trading at a value of 22.81 US dollars.

2. Ethereum

The idea to create Ethereum was first launched in late 2013 by Vitalik Buterin, a digital currency programer and expert. The Ethereum system first launched on July 30, 2015.

Ethereum currently has a market capitalization above 8 billion US dollars and one Ethereum is trading at 93.27 US dollars.

3. Zcash

Zcash was developed in 2014, a collaboration between researchers at Johns Hopkins University, the Massachusetts Institute of Technology, the Israel Institute of Technology – Technion, and Tel Aviv University.

One Zcash is trading at USD93.66 and has a market capitalization above US$122 million.

4. Dash

Dash is a brand new brand of Darkcoin, a currency that has a market capitalization of US$641 million and is listed at 87.87 US dollars.

5. Ripple

ripple digital currency

In the last 24 hours the digital currency exchange rate has risen by more than 30%. However, unlike most digital currencies, Ripple cannot be ‘mined’.

Ripple has a market capitalization above US$11 billion, with one Ripple trading at 0.3 US dollars.

6. Monero

The digital currency, launched in April 2014, has a market capitalization of over US$382 million. One person was trading at $26.47.

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