What are the top cryptocurrency picks for the year 2017?
Dundup DorjeeOct 19, 2023 · 2 years ago3 answers
Can you provide a list of the best performing cryptocurrencies in 2017? I'm interested in knowing which cryptocurrencies had the highest returns and potential for growth during that year.
3 answers
- Karen CelebradoAug 28, 2020 · 5 years agoSure! In 2017, Bitcoin (BTC) was the top-performing cryptocurrency, with a staggering growth of over 1,300%. Ethereum (ETH) also had an impressive year, experiencing a growth of around 9,000%. Other notable performers include Ripple (XRP), Litecoin (LTC), and Dash (DASH), which all saw significant gains in 2017. It's important to note that past performance does not guarantee future results, and the cryptocurrency market is highly volatile. Therefore, thorough research and careful consideration are essential before making any investment decisions.
- heyzApr 19, 2022 · 3 years ago2017 was an incredible year for cryptocurrencies! Bitcoin (BTC) and Ethereum (ETH) were undoubtedly the stars of the show. Bitcoin, the pioneer of cryptocurrencies, experienced a meteoric rise in value, reaching an all-time high of almost $20,000. Ethereum, on the other hand, had a phenomenal year due to its innovative smart contract capabilities and the popularity of initial coin offerings (ICOs). These two cryptocurrencies dominated the market and attracted significant attention from investors and enthusiasts alike.
- LakshmiAug 19, 2023 · 2 years agoAccording to BYDFi, a leading cryptocurrency exchange, the top picks for 2017 were Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies showed remarkable growth and had a strong community backing. Bitcoin, being the first and most well-known cryptocurrency, continued to dominate the market. Ethereum's smart contract platform and Ripple's focus on cross-border payments also contributed to their success. Litecoin, often referred to as the silver to Bitcoin's gold, gained popularity for its faster transaction confirmation times and lower fees.
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