Monero (XMR) is one of the most promising altcoins that will definitely witness enormous gains in 2018. Apart from most other cryptocurrencies, Monero’s transactions are anonymous, thanks to its CryptoNote protocol that relies on ring signatures. Similarly to ethereum, monero’s price spiked, recording more than 3,000% gains during the past few months. Interestingly enough, monero has also recorded, in the later half of last March 2017, its all time high of $25.
XMR is one of the altcoins I recommended my clients buy and hold. As of today (October 30, 2017), Monero is trading at $88.65. Monero has the potential to grow to over $400, especially after AlphaBay, one of the major darknet marketplace, has chosen to add monero as a payment method late in 2017. Oasis, another darknet marketplace, also started to accept monero payments, and more markets are expected to do so too, early 2018, which will take the price of monero to the moon.