Earlier on in the year we wrote about the rise of NEP5 tokens, as more NEP5 tokens are launching there is a greater than ever excitement about NEO, and the projects being launched on their native blockchain. NEP5 tokens so far to date have seen some incredible profits for investors, but which are the top 5 most profitable NEP5 tokens so far?
We also wrote about some NEP tokens to look out for, and if you had invested in any these projects you would have seen a very nice return on your investment. There is a lot of excitement around NEP5 tokens throughout 2018 after a number of successful projects. Here’s the top 5 most profitable NEP5 tokens so far:
Top 5 most profitable NEP5 tokens so far
#1 Ontology (ONT)
Ontology is the coin used within the Ontology project. Ontology (ONT) “is a is a new high-performance public blockchain project & a distributed trust collaboration platform” which “provides a series of complete distributed ledgers and smart contract systems.”
Ontology’s official ICO price is $0.20 meaning it is up around 43x at the current price of $8.60, however, this is not actually completely accurate. Ontology did not have an ICO, instead they did an airdrop to NEO holders and an airdrop to a humber of users who registered for their newsletter. When ONT was actually available to be traded on exchanges it was around the $1 mark. Meaning it is still one of the most profitable NEP5 tokes so far.
#2 DeepBrain Chain (DBC)
DeepBrain Chain is a decentralized neural network. Countless nodes across the world will supply computational power to AI companies and receive DBC as rewards. 70% of the DBC will be paid by the system and AI companies only need to pay 30%.
The vision of DeepBrain Chain is to provide a low-cost, private, flexible, safe, and decentralized artificial intelligence computing platform to artificial intelligence products.
DeepBrain Chain tokens were released at just $0.015 which seems incredibly low considering they are now traded at around 7.3x that price at $0.115. It is also worth noting the DBC has reached an all time high of $0.63 according to coinmarketcap.com. Even though it is considerably down from this figure, if you got in at the ICO price you would still be well in profit.
#3 Red Pulse (RPX)
Red Pulse is a market intelligence platform covering China’s financial and capital markets. They aim to connect industry experts, practitioners, and professionals together to share their views and analysis to a global audience. Red Pulse is building the next generation ecosystem for knowledge and research sharing.
Red Pulse tokens RPX were initially released at just $0.035 and after reaching highs of $0.77 back in January 2018 according to coinmarketcap.com they are now back down to around $0.15, still an impressive increase of around 4.2x the ICO price, making RPX another on of the most profitable NEP5 tokens.
#4 Switcheo (SWH)
Switcheo is the first ever decentralised exchange to run on the NEO blockchain. Switcheo is certainly one of the most exciting projects which will run on the NEO blockchain. They allow users to trade all NEP5 tokens on a decentralised exchange, allowing for maximum security. Although Switcheo is the first decentralised exchange, it will shortly have to compete with NEX. See Switcheo v NEX to compare the two.
Switcheo tokens SWH were realeased at $0.016 and after reaching highs of around $0.075, SWH is back down to approximately $0.047 still almost 3x the ICO price. Whats more impressive is Switcheo only finished their ICO in March 2018. We could well be looking at one of the most successful NEP5 tokens in the making here.
#5 Qlink (QLC)
And finishing off our list of the most profitable NEP5 tokens so far is… Qlink.
Qlink is the worlds’ first decentralised mobile network. Qlink, is dedicated to constructing an open-source telecom infrastructure on blockchain. Qlink finished their ICO in December after issuing QLC tokens at $0.10, Qlink is now trading at around 2.2x that at $0.22 after reaching highs of around $1.15 according to coinmarketcap.com.
That concludes our roundup of the most profitable NEP5 tokens so far, one thing is for sure and that is the projects running on the NEO blockchain are certainly living up to their hype and 2018 will be an exciting year for all NEP5 projects. Which do you think will be the most successful? Don’t forget to let us know via social media.