What were the top performing digital currencies besides bitcoin in 2017?
Nagaraju PreethamDec 17, 2021 · 3 years ago1 answers
In 2017, besides bitcoin, which other digital currencies performed exceptionally well and achieved high returns?
1 answers
- Dec 17, 2021 · 3 years ago2017 witnessed remarkable performances from various digital currencies, apart from bitcoin. Ethereum, with its smart contract capabilities and growing developer community, experienced significant growth and became the second-largest cryptocurrency by market capitalization. Ripple, with its focus on facilitating fast and low-cost international money transfers, gained attention and partnerships with major financial institutions. Litecoin, known for its faster block generation time and lower fees, also had a successful year. Dash, NEM, and Monero were other notable performers, each offering unique features and use cases. These digital currencies demonstrated the diverse opportunities available in the cryptocurrency market and provided investors with alternative options for high returns.
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