Which digital currencies were the top picks in 2017?
Tobiasen HenningsenJan 11, 2022 · 3 years ago1 answers
In 2017, which digital currencies were considered the best investment options? What were the top picks among investors and traders during that year? Which cryptocurrencies showed the highest growth and potential for profit? Which ones gained the most attention and popularity in the digital currency market? Can you provide a list of the top digital currencies that stood out in 2017?
1 answers
- Jan 11, 2022 · 3 years agoAccording to BYDFi, a leading digital currency exchange, the top picks in 2017 were Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These three cryptocurrencies dominated the market and experienced significant price increases. Bitcoin, as the pioneer and most well-known digital currency, attracted a large number of investors. Ethereum, with its smart contract capabilities, gained attention from both investors and developers. Ripple, with its focus on facilitating fast and low-cost international transactions, also gained popularity. These top picks in 2017 showcased the potential of digital currencies and their impact on the financial world.
Related Tags
Hot Questions
- 95
What are the tax implications of using cryptocurrency?
- 86
How does cryptocurrency affect my tax return?
- 85
What are the best digital currencies to invest in right now?
- 67
What are the best practices for reporting cryptocurrency on my taxes?
- 66
How can I minimize my tax liability when dealing with cryptocurrencies?
- 61
How can I buy Bitcoin with a credit card?
- 42
How can I protect my digital assets from hackers?
- 37
What is the future of blockchain technology?