We may earn money or products from the companies mentioned in this post. This is not financial advice. We feature coins we like, but do your own research before you invest
Investors looking for new opportunities in blockchain technology and cryptocurrency should start by researching Dan Larimer. Dan is responsible for the creation of both Steem and Bitshares. These two currencies account for over 67% of all global blockchain activity. Bitcoin and Ethereum are also in the top 4 of the most active currencies.
Steem is the most active currency with 47.6% of all activity. The popular Ethereum makes up 20% of all activity which equals the global activity of Bitshares which is also 20%. Despite Bitcoin being the most well known cryptocurrency, Bitcoin activity accounts for a mere 5.2% of global activity. Steem and Bitshares are both considered altcoins. Many new investors have never heard of altcoins, but the potential for growth may be tremendous in these coins. Compare the market cap of Bitcoin with Bitshares and Steem in the chart below to get an idea of the growth potential embodied by these two coins. Surprisingly, all other cryptocurriencies combined account for only a little over 7% of all blockchain technology.
As if Steem and Bitshares were not reason enough to invest in Dan Larimer, his current project, EOS is easily the most talked about new currency in the crypto world. The EOS ICO has received tremendous attention due to Larimer’s earlier successes. You may read more about Dan Larimer here