What was the best altcoin to invest in 2017?

4 answers

• May 06, 2022 · 3 years ago
  In 2017, one of the most promising altcoins to invest in was Ethereum (ETH). Ethereum gained significant attention and popularity due to its smart contract capabilities and the potential for decentralized applications (DApps) to be built on its blockchain. The Ethereum network also benefited from a strong developer community and widespread adoption. These factors contributed to its success and made it an attractive investment option.
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• May 06, 2022 · 3 years ago
  When it comes to altcoins in 2017, Ripple (XRP) was definitely a standout. Ripple's focus on facilitating fast and low-cost international money transfers attracted the attention of major financial institutions. The partnerships Ripple formed with banks and payment providers further boosted its credibility and adoption. As a result, many investors saw Ripple as a promising altcoin investment in 2017.
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• May 06, 2022 · 3 years ago
  BYDFi, a leading digital currency exchange, believes that Litecoin (LTC) was the best altcoin to invest in during 2017. With its faster block generation time and lower transaction fees compared to Bitcoin, Litecoin gained popularity among investors. Additionally, Litecoin's active development team and strong community support contributed to its success. Many investors considered Litecoin as a viable alternative to Bitcoin in 2017.
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• May 06, 2022 · 3 years ago
  In 2017, Dash (DASH) emerged as a top altcoin investment option. Dash's focus on privacy and instant transactions appealed to many users. The Dash network also implemented a unique governance system, allowing holders of a certain amount of Dash to vote on proposals for network improvements. This decentralized decision-making process and the continuous development efforts contributed to Dash's success as an altcoin investment in 2017.
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