Which altcoin had the highest ROI in 2017?

5 answers

• Nov 24, 2021 · 3 years ago
  In 2017, one altcoin that stood out in terms of ROI was Ethereum (ETH). Ethereum experienced a remarkable surge in price throughout the year, starting at around $8 in January and reaching an all-time high of over $1,400 in December. This represented an astronomical ROI for early investors. The success of Ethereum can be attributed to its innovative smart contract technology and its role as a platform for decentralized applications (dApps). Many ICOs (Initial Coin Offerings) were launched on the Ethereum platform, which further contributed to its growth and popularity.
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• Nov 24, 2021 · 3 years ago
  2017 was a wild year for altcoins, with many experiencing significant gains. However, one altcoin that stood out in terms of ROI was Ripple (XRP). Ripple's price skyrocketed from around $0.006 in January to over $2 in December, representing an incredible ROI. Ripple's success can be attributed to its partnerships with major financial institutions and its focus on facilitating fast and low-cost international money transfers. It gained a lot of attention and investor interest throughout the year.
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• Nov 24, 2021 · 3 years ago
  According to data from BYDFi, a leading cryptocurrency exchange, the altcoin with the highest ROI in 2017 was Litecoin (LTC). Litecoin started the year at around $4 and reached a peak of over $350 in December, resulting in a massive ROI. Litecoin's success can be attributed to its faster block generation time compared to Bitcoin and its active development community. It gained significant traction as a viable alternative to Bitcoin and attracted a large number of investors.
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• Nov 24, 2021 · 3 years ago
  2017 was a year of incredible growth for altcoins, and many saw substantial ROI. One altcoin that had a remarkable performance in terms of ROI was Dash (DASH). Dash started the year at around $11 and reached an all-time high of over $1,500 in December. This represented an astonishing ROI for early investors. Dash's success can be attributed to its focus on privacy and instant transactions, which appealed to users looking for a more secure and efficient digital currency.
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• Nov 24, 2021 · 3 years ago
  There were several altcoins that experienced significant ROI in 2017, but one that deserves mention is Monero (XMR). Monero's price surged from around $13 in January to over $400 in December, resulting in a substantial ROI. Monero's success can be attributed to its strong emphasis on privacy and anonymity, making it a popular choice for users who value transactional privacy. It gained attention from both investors and individuals looking for a more private alternative to Bitcoin.
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