Which digital currencies showed the highest returns in 2017?
mohammad baniasadNov 25, 2021 · 4 years ago3 answers
In 2017, which digital currencies experienced the highest returns in terms of investment? I'm interested in knowing which cryptocurrencies performed exceptionally well during that year and delivered significant profits to investors. Can you provide some insights into the top-performing digital currencies in 2017?
3 answers
- Dillon VatickApr 30, 2021 · 5 years agoIn 2017, Bitcoin (BTC) and Ethereum (ETH) were the two digital currencies that showed the highest returns. Bitcoin, being the first and most well-known cryptocurrency, experienced a massive surge in value throughout the year, reaching an all-time high of nearly $20,000 in December. Ethereum, on the other hand, had a remarkable year with its price skyrocketing from around $8 at the beginning of 2017 to over $700 by the end of the year. These two cryptocurrencies outperformed most other digital assets and delivered substantial returns to investors.
- B ZOct 05, 2020 · 5 years ago2017 was a wild year for digital currencies, and some of them saw astronomical returns. Bitcoin, the king of cryptocurrencies, stole the show with its jaw-dropping price increase. Ethereum, the second-largest cryptocurrency, also had an impressive run. Both of these digital currencies outperformed traditional investments by a wide margin, making early investors very happy. It's important to note that investing in cryptocurrencies carries risks, and past performance is not indicative of future results. However, if you had invested in Bitcoin or Ethereum in 2017, you would have seen some incredible returns.
- Bundgaard NicolaisenJun 27, 2021 · 4 years agoAccording to historical data, Bitcoin and Ethereum were the top performers in 2017. Bitcoin's price surged from around $1,000 at the beginning of the year to nearly $20,000 by the end of December, marking an unprecedented increase. Ethereum, known for its smart contract capabilities, also experienced a significant rise in value, going from around $8 to over $700 during the same period. These two digital currencies showed the highest returns in 2017 and attracted a lot of attention from investors seeking to capitalize on the cryptocurrency boom.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
1 4331388How to Withdraw Money from Binance to a Bank Account in the UAE?
1 04123Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 03273PooCoin App: Your Guide to DeFi Charting and Trading
0 02268ISO 20022 Coins: What They Are, Which Cryptos Qualify, and Why It Matters for Global Finance
0 01841How to Make Real Money with X: From Digital Wallets to Elon Musk’s X App
0 01539
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More Topics