Top 10 Crypto Currency Performance Report Of 2017

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Today we’ll discuss top 10 crypto currency performance report of 2017. Bitcoin is the queen of crypto currencies but in this post we’ll walk you through other gems. Some of these have already outperformed Bitcoin or has potential to outperform Bitcoin. We have complied some data to show you the growth of top 10 crypto coins of 2017. Here you can see the price difference between first and last day of year 2017, overall market capitalization in billions, overall gain in year 2017. We also calculated how much money you would have made if you had bought each coin for $1 value. As you can see in the following image, Bitcoin (BTC) gained 1,332% in year 2017 but NEO (NEO) was clear winner with 50,000% gain. Ripple (XRP) got second rank with 35,312% return in 365 days.

Here is the brief overview and complete growth report of each cryptocurrency.

Bitcoin (BTC) Returns and Growth Report For 2017

Bitcoin was invented in 2008 under the alias of Satoshi Nakamoto, inventor Satoshi is anonymous till the date. The author left the project and never gave up his identity. Satoshi was the first one to innovate and implement the use of a distributed calculation system (the ‘Proof-of-Work’ algorithm) with which Nakamoto solved the so-called double-spending problem. Bitcoin enjoys the 54% market share, thus making it largest crypto currency in the wild.

2017 was a great year for Bitcoin, with today’s closing price of 13,230$, the Bitcoin price has risen more than 1332% from its price of 993$ at the start of the year. The Bitcoin has touched it’s all time high of $19,650 on 16 December 2017.

1 USD invested in Bitcoin on January 1, 2017 becomes 13.3 USD on January 1, 2018

Ripple (XRP) Returns and Growth Report For 2017

Ripple (abbreviated XRP) is a p2p payment system that also has its own currency. Ripple ecosystem is designed bridge the gap between the mainstream financial world and other currencies such as the euro and the US dollar.All thanks to its main objective, which is to increase global liquidity by allowing transfers of money all over the world at record speed and with very low commissions. In practice, those commission costs we owe to the bank when we transfer money or withdraw via cards (i.e swift, visa and mastercard) tunes to billions.

with today’s closing price of 2017 i.e. 2.26$, the Ripple price has risen more than 35,312% from its price of 0.0064$ at the start of the year. The Ripple coin has touched it’s all time high of $2.74 on 30 December 2017.

1 USD invested in Ripple on January 1, 2017 becomes 353 USD on January 1, 2018

Ethereum (ETH) Returns and Growth Report For 2017

Ethereum is a decentralized platform for smart contracts. On ethereum users can contract smart contracts with each other and these contracts contain certain conditions that users must comply with. That sounds simple, but to date, in many cases third parties were required to ‘guarantee’ the contract or agreement. With ethereum it is possible to build these platforms without a central intermediary.

with today’s closing price of 2017 i.e. 728$, the Ethereum price has risen more than 8,845% from its price of 8.23$ at the start of the year. Ethereum has touched it’s all time high of $823.70 on 21 December 2017.

1 USD invested in Ethereum on January 1, 2017 becomes 88 USD on January 1, 2018

Litecoin (LTC) Returns and Growth Report For 2017

In addition to bitcoin, litecoin is one of the most popular crypto-currencies that has received a lot of attention lately. The litecoin is seen as the little brother of the bitcoin and is compared to silver where bitcoin represents the gold.

Litecoin is one of the very first cryptocurrencies to be born after Bitcoin. Much of the Litecoin code is derived from Bitcoin , as it is a fork. It differs for the time of block generation, extremely faster than Bitcoin thanks to the adoption of “Segregated Witness” and a technology generally more advanced than the alternatives.

with today’s closing price of 2017 i.e. 218$, the Litecoin price has risen more than 4,866% from its price of 4.48$ at the start of the year. Litecoin has touched it’s all time high of $350 on 19 December 2017.

1 USD invested in Litecoin on January 1, 2017 becomes 48 USD on January 1, 2018

IOTA (MIOTA)Returns and Growth Report For 2017

IOTA is less known cryptocurrency but has been defined by BBC as the “spine of the internet economy“. David Sonstebo, co founder of iota explained that about 99% of the crypto- digital information is lost in the vacuum. IOTA promotes the idea of ??sharing data through free transactions with the payment of a fee and ensuring the integrity of information for free.

IOTA’s open source blockchain platform differs from the main blockchain networks that use encrypted “blocks” to record such transactions. The company’s digital ledger, inspired by the ” internet of things ” technology, is block-free and allows users to perform free network transactions.

with today’s closing price of 2017 i.e. 3.42$, IOTA price has risen more than 535% from its price of 0.639$ at the start of the year. The IOTA coin has touched it’s all time high of $5.31 on 20 December 2017.

1 USD invested in IOTA on January 1, 2017 becomes 5.3 USD on January 1, 2018

NEM (XEM) Returns and Growth Report For 2017

NEM cryptocurrency wasreleased in 2015, with ” proof-of-importance ” (POI) functionality, multi-stream account, encrypted messaging and much more. The NEM blockchain software is used in a commercial blockchain called Mijin, which is being tested by financial institutions and private companies in Japan and internationally.

with today’s closing price of 2017 i.e. 0.96$, NEM price has risen more than 28,235% from its price of 0.0034$ at the start of the year. The NEM coin has touched it’s all time high of $1.02 on 30 December 2017.

1 USD invested in NEM on January 1, 2017 becomes 282 USD on January 1, 2018

Dash (DASH) Returns and Growth Report For 2017

Originally Xcoin / Darkcoin, introduced in 2014, it is a cryptocurrency that uses a two-level architecture to increase the security and efficiency of the network. The technology is extremely advanced thanks to a series of peculiarities: Instant Transactions (InstantSend), Private Transactions (PrivateSend), Decentralized Governance (DGBB).

with today’s closing price of 2017 i.e. 1011$, the Dash price has risen more than 8,899% from its price of 11.36$ at the start of the year. The Dash coin has touched it’s all time high of $1531 on 21 December 2017.

1 USD invested in Dash on January 1, 2017 becomes 89 USD on January 1, 2018

Monero (XMR) Returns and Growth Report For 2017

Monero is more than just a technology. Users must be able to trust Monero with their transactions without the risk of errors or attacks. Monero gives the complete block reward to the miners, who are the most critical members of the network that provide this security. Transactions are cryptographically secured using the latest and most resilient encryption tools that are currently available. Monero takes privacy seriously. Monero must be able to protect users in a court of law and in extreme cases of the death penalty. This level of privacy must be fully accessible to all users, whether they are technologically savvy or have no idea how Monero works. A user must trust Monero,

with today’s closing price of 2017 i.e. 336$, the Monero price has risen more than 2,498% from its price of 13.45$ at the start of the year. Monero has touched it’s all time high of $459.33 on 21 December 2017.

1 USD invested in Monero on January 1, 2017 becomes 25 USD on January 1, 2018

NEO (NEO) Returns and Growth Report For 2017

NEO is advanced version of Ethereum. Neo started it’s journey as AntShares (ANS) in 2014. It allows users to automate the storage and exchange of digital assets. Both NEO and ETH want to be platforms for the new internet: for DApps (Decentralized Applications), ICOs (Initial Coin Offerings), and smart contracts. NEO is our pick of the year 2017 with a humongous 50,000% gain in last 365 days.

with today’s closing price of 2017 i.e. 73$, the NEO price has risen more than 50,000% from its price of 0.146$ at the start of the year. The NEO coin has touched it’s all time high of $79.50 on 19 December 2017.

1 USD invested in NEO on January 1, 2017 becomes 500 USD on January 1, 2018

Zcash (ZEC) Returns and Growth Report For 2017

Zcash is a cryptocurrency network that was launched in October 2016. Just like other cryptocurrency networks (eg Bitcoin or Ethereum). Zcash allows anyone with a computer and an internet connection to send and receive tokens that can be used as cash on the internet. The software that drives Zcash is derived directly from Bitcoin’s core software. but has been adapted to increase the privacy of users.

with today’s closing price of 2017 i.e. 489$, Zcash price has risen more than 1,010% from its price of 48.39$ at the start of the year. The Zcash coin has touched it’s all time high of $654.37 on 21 December 2017.