OmiseGO

OmiseGO (OMG) is a token-based digital currency backed by the Plasma decentralized exchange and a digital wallet provided by Omise.

The technology behind OmiseGO revolves around providing super-fast payments and linking e-wallets for different types of fiat and digital currencies.

It’s designed to facilitate payments for goods and services on the web to and to enable the cross-border transfer of assets. Backed up by the Ethereum Foundation, the project’s extremely successful ICO held in June sold out before it had even gone live to the public.

OMG has been one of the year’s best performers and currently trades at around $7.00 after launching with an ICO price of just $0.24. Most OMG observers have been waiting for a suitable entry point and now is as good a time as any. Prior to the downturn experienced by altcoins because of Bitcoin forks, OMG was generally trading at around $8.00. Since that time, the price has dropped to $6, but has recently bounced back above $7. However, OmiseGO is a popular project with both Western and Asian investors and the OMG token has recorded returns of over 2000% since its ICO as well as recording an all-time high price of over $12. Many feel that OMG provides great value at its current market cap of around $640M so look for significant positive price action in the months to come.

Litecoin

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.

The Litecoin blockchain is capable of handling higher transaction volume than its counterpart – Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future. As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.