Copy
Trading Bots
Events

Which altcoin had the highest ROI in 2017?

garba nuhuFeb 10, 2024 · 2 years ago5 answers

In 2017, which alternative cryptocurrency (altcoin) experienced the highest return on investment (ROI)? I am interested in knowing which altcoin performed exceptionally well in terms of price appreciation and generated significant profits for investors. Can you provide any insights or data on this?

5 answers

  • Dejan MedićJan 21, 2026 · 5 months ago
    In 2017, one altcoin that stood out in terms of ROI was Ethereum (ETH). Ethereum experienced a remarkable surge in price throughout the year, starting at around $8 in January and reaching an all-time high of over $1,400 in December. This represented an astronomical ROI for early investors. The success of Ethereum can be attributed to its innovative smart contract technology and its role as a platform for decentralized applications (dApps). Many ICOs (Initial Coin Offerings) were launched on the Ethereum platform, which further contributed to its growth and popularity.
  • Bennett JoynerFeb 07, 2024 · 2 years ago
    2017 was a wild year for altcoins, with many experiencing significant gains. However, one altcoin that stood out in terms of ROI was Ripple (XRP). Ripple's price skyrocketed from around $0.006 in January to over $2 in December, representing an incredible ROI. Ripple's success can be attributed to its partnerships with major financial institutions and its focus on facilitating fast and low-cost international money transfers. It gained a lot of attention and investor interest throughout the year.
  • Syahid M UJul 02, 2020 · 6 years ago
    According to data from BYDFi, a leading cryptocurrency exchange, the altcoin with the highest ROI in 2017 was Litecoin (LTC). Litecoin started the year at around $4 and reached a peak of over $350 in December, resulting in a massive ROI. Litecoin's success can be attributed to its faster block generation time compared to Bitcoin and its active development community. It gained significant traction as a viable alternative to Bitcoin and attracted a large number of investors.
  • Haugaard HolderDec 21, 2023 · 3 years ago
    2017 was a year of incredible growth for altcoins, and many saw substantial ROI. One altcoin that had a remarkable performance in terms of ROI was Dash (DASH). Dash started the year at around $11 and reached an all-time high of over $1,500 in December. This represented an astonishing ROI for early investors. Dash's success can be attributed to its focus on privacy and instant transactions, which appealed to users looking for a more secure and efficient digital currency.
  • AnwarProgrammerMay 21, 2025 · a year ago
    There were several altcoins that experienced significant ROI in 2017, but one that deserves mention is Monero (XMR). Monero's price surged from around $13 in January to over $400 in December, resulting in a substantial ROI. Monero's success can be attributed to its strong emphasis on privacy and anonymity, making it a popular choice for users who value transactional privacy. It gained attention from both investors and individuals looking for a more private alternative to Bitcoin.

Related Tags

Trending Today

More

Hot Questions

Join BYDFi to Unlock More Opportunities!