What were the top performing altcoins in terms of ROI in 2017?
Rahbek CoxNov 27, 2021 · 3 years ago3 answers
Can you provide a list of the altcoins that had the highest return on investment (ROI) in 2017? I'm interested in knowing which cryptocurrencies performed exceptionally well during that year.
3 answers
- Nov 27, 2021 · 3 years agoSure! In 2017, several altcoins experienced significant ROI. Some of the top performers were Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Dash (DASH). These cryptocurrencies saw substantial price increases throughout the year, resulting in impressive returns for investors. Ethereum, in particular, had a remarkable year with its price surging from around $8 to over $700. Ripple also had a phenomenal run, with its price skyrocketing from less than a cent to over $2. Litecoin and Dash also saw substantial gains, making them attractive investments in 2017.
- Nov 27, 2021 · 3 years ago2017 was a great year for altcoins in terms of ROI. Ethereum, Ripple, Litecoin, and Dash were among the top performers. Ethereum, with its smart contract capabilities, gained a lot of attention and saw its price surge throughout the year. Ripple, known for its fast and low-cost transactions, also had an incredible run. Litecoin, often referred to as the silver to Bitcoin's gold, and Dash, with its focus on privacy and instant transactions, also delivered impressive returns. These altcoins showcased the potential for significant gains in the cryptocurrency market.
- Nov 27, 2021 · 3 years agoWhen it comes to the top performing altcoins in terms of ROI in 2017, Ethereum, Ripple, Litecoin, and Dash were at the forefront. Ethereum, with its groundbreaking smart contract platform, experienced a meteoric rise in value, attracting investors from all over the world. Ripple, on the other hand, gained popularity for its fast and low-cost cross-border transactions, which led to a surge in demand and price. Litecoin and Dash, with their unique features and strong communities, also saw substantial growth. It's important to note that past performance is not indicative of future results, but these altcoins certainly made a splash in 2017.
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