What were the biggest losers in the USA cryptocurrency market in 2017?

7 answers

• M OwaisOct 27, 2023 · 2 years ago
  During 2017, the USA cryptocurrency market witnessed several cryptocurrencies that suffered significant losses. One of the biggest losers was BitConnect (BCC), which experienced a massive decline in value. This was primarily due to the collapse of its lending platform and subsequent regulatory scrutiny. Another notable loser was BitShares (BTS), which faced challenges in maintaining its market position and failed to gain significant traction. Additionally, NEM (XEM) also experienced a significant drop in value, partly due to a major hack on a Japanese exchange. These cryptocurrencies were among the biggest losers in the USA cryptocurrency market in 2017.
  662

  331
• Hartvigsen HackettJul 14, 2023 · 2 years ago
  Ah, 2017, the year of ups and downs in the USA cryptocurrency market. When it comes to the biggest losers, BitConnect (BCC) takes the crown. This cryptocurrency saw its value plummet after its lending platform collapsed and regulatory authorities started cracking down on it. Another loser was BitShares (BTS), which struggled to make a mark in the market and failed to gain much attention. And let's not forget about NEM (XEM), which suffered a significant drop in value following a major hack on a Japanese exchange. These three cryptocurrencies were definitely the ones to avoid if you didn't want to lose your shirt in 2017.
  628

  210
• Jaykant NayakFeb 11, 2023 · 2 years ago
  In 2017, the USA cryptocurrency market had its fair share of losers. One of the biggest losers was BitConnect (BCC), which saw its value nosedive after its lending platform went bust and regulatory authorities started investigating its operations. Another cryptocurrency that took a hit was BitShares (BTS), struggling to gain traction and losing value in the process. And then there's NEM (XEM), which experienced a significant drop in value following a high-profile hack on a Japanese exchange. These three cryptocurrencies were definitely not the ones you wanted to bet on in 2017.
  584

  146
• Chapman DoddJan 31, 2023 · 2 years ago
  BitConnect (BCC), BitShares (BTS), and NEM (XEM) were among the biggest losers in the USA cryptocurrency market in 2017. BitConnect faced a major downfall due to the collapse of its lending platform and regulatory actions against it. BitShares struggled to gain momentum and failed to make a significant impact in the market. NEM suffered a significant drop in value following a notorious hack on a Japanese exchange. These cryptocurrencies experienced substantial losses and were considered the biggest losers in the USA market during that year.
  546

  110
• Umid RajabovJan 20, 2022 · 4 years ago
  When it comes to the biggest losers in the USA cryptocurrency market in 2017, BitConnect (BCC), BitShares (BTS), and NEM (XEM) take the spotlight. BitConnect faced a massive decline in value after its lending platform collapsed and faced regulatory scrutiny. BitShares struggled to gain traction and failed to make a significant impact in the market. NEM experienced a significant drop in value following a major hack on a Japanese exchange. These three cryptocurrencies were definitely not the ones to invest in if you wanted to avoid losses in 2017.
  551

  92
• Metano ChavanaJul 17, 2020 · 5 years ago
  BitConnect (BCC), BitShares (BTS), and NEM (XEM) were the biggest losers in the USA cryptocurrency market in 2017. BitConnect's value plummeted after its lending platform collapsed and faced regulatory backlash. BitShares struggled to gain popularity and failed to make a mark in the market. NEM suffered a significant drop in value due to a high-profile hack on a Japanese exchange. These three cryptocurrencies experienced substantial losses and were considered the biggest losers in the USA market during that year.
  518

  74
• t_koizumiOct 17, 2020 · 5 years ago
  In 2017, the USA cryptocurrency market witnessed some major losers. BitConnect (BCC) was one of the biggest losers, experiencing a significant decline in value due to the collapse of its lending platform and regulatory actions against it. BitShares (BTS) also faced challenges in gaining traction and failed to make a significant impact. NEM (XEM) suffered a notable drop in value following a major hack on a Japanese exchange. These three cryptocurrencies were among the biggest losers in the USA cryptocurrency market in 2017.
  528

  66