What were the most profitable digital coins to invest in during 2017?

4 answers

• Rishab KumarAug 07, 2024 · a year ago
  In 2017, Bitcoin (BTC) was undoubtedly the most profitable digital coin to invest in. It experienced a massive surge in value, reaching an all-time high of nearly $20,000 in December. Many early investors in Bitcoin made substantial profits during this period. However, it's important to note that past performance does not guarantee future results, and investing in cryptocurrencies carries inherent risks.
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• Allada Pavan Venkata Satya ChoAug 18, 2024 · a year ago
  Ethereum (ETH) was another highly profitable digital coin in 2017. It gained significant attention due to its smart contract capabilities and the rise of Initial Coin Offerings (ICOs). Ethereum's price skyrocketed from around $8 at the beginning of the year to over $700 by the end of 2017. This remarkable growth attracted many investors and contributed to its overall profitability.
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• Eduard ZabrodskyOct 12, 2020 · 5 years ago
  During 2017, several other digital coins also showed impressive profitability. Ripple (XRP) experienced a massive surge in value, becoming the second-largest cryptocurrency by market capitalization. Its price increased by over 35,000% during the year, making it an attractive investment option for many. Other notable profitable digital coins in 2017 include Litecoin (LTC), Dash (DASH), and Monero (XMR). These coins demonstrated substantial growth and provided opportunities for investors to generate significant returns.
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• helpmecheatJun 16, 2022 · 3 years ago
  According to data from BYDFi, a digital currency exchange, the most profitable digital coins to invest in during 2017 were Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Dash (DASH), and Monero (XMR). These coins experienced substantial price appreciation and generated significant returns for investors. However, it's important to conduct thorough research and consider various factors before making any investment decisions.
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