![Bitcoin, Ethereum, Ripple, and Litecoin are more reputable when compared to other coins. [Image via Pixabay]](https://staticr1.blastingcdn.com/media/photogallery/2017/8/18/660x290/b_502x220x82/price-rise-graph-creditspixbay-httpspixabaycomengraph-growth-finance-profits-163509_1516377.jpg "Bitcoin, Ethereum, Ripple, and Litecoin are more reputable when compared to other coins. [Image via Pixabay]")
Choosing the right cryptocurrency that will offer value for money can be hard. Speculators in the cryptocurrency market need to be aware of the different price movements these coins have experienced in the past. Most investors of crypto currencies are only aware of coins such as Bitcoin, Ethereum, Ripple, and Litecoin which are more reputable when compared to other coins in the cryptocurrency market. Below are the most traded cryptocurrencies whose prices are on the rise.
NEO
The Neo cryptocurrency was introduced in September 2016. Coinmarketcap.com ranks the NEO Coin as the 8th largest cryptocurrency by market capitalization.
The price of this coin was $0.0181483 when it was introduced; its price is now at $35; representing a price rise of 198,000 percent. NEO was priced at $0.540574 three months ago. Its price has thus increased by 6,500 percent since May 18. Its price a month ago was $6.16. Its price has thus increased by 484 percent within a month. If a speculator bought NEO coins worth $1,000 one month ago, the value of the investment would now be worth $5,844.
OmiseGo (OMG)
This coin was introduced on July 14 with an introductory price of $0.572523. It is the 12th largest cryptocurrency by market capitalization. One OmiseGo coin is currently priced at $7.4. Its price has thus risen by 1,244 percent. A $1,000 investment on July 14 is now worth $13,449.
Binance Coin (BNB)
This digital coin was introduced on July 25 with an introductory price of $0.105123. Binance Coin is the 25 most capitalized crypto currency. The current price of one Binancecoin is $2.4; this represents a price increase of 2,278 percent. A $1,000 investment since the coin was introduced is now worth $23,000.
Dash
The Dash cryptocurrency is well-known compared to NEO, OmiseGo and Binance Coin. Dash coin was introduced in February 2014 with an introductory price of $0.213899. It is the 9th most capitalized cryptocurrency. One Dash coin is currently priced at $233. Its price a year ago was $13.22; representing a price increase of 108,362 percent.
Its price three months ago was $86; this accounts for a price increase of 169 percent. The cost of Dash a month ago was $162; this represents a price increase of 43 percent. An investment of $1,000 would now be worth $1,430.
A good investment
The price analysis of this coins reveals that cryptocurrencies that were recently introduced in the cryptocurrency market can yield more profits to a speculator when compared to cryptocurrencies that have been in the market for a long time. NEO, OmiseGo and Binance Coin are thus a good investment compared to the Dash coin. Binance Coin thus comes to the top of the list of cryptocurrencies that would have brought the biggest return on investment in the last one month.
