In general, 2017 was a great year for cryptocurrencies. By the end of last year, Bitcoin and other virtual currencies were hitting all time highs. Everyone was expecting this year to continue the huge rise in prices, but unfortunately this has not been the case at all, and we have seen a huge crash. This has been down to a number of different reasons, mainly being the introduction of stricter regulations and in the case of some countries, the banning of them completely.
There are still a few though who have performed well so far this year, and we feel these might shock you.
Stellar has had a great January, despite suffering some major knockbacks. The price grew by a whopping 20,000% in 2017, and this has just continued throughout this past month.
Some of this success has come from the formation of partnerships with some very high profile partnerships, with firms like IBM. The introduction onto various trading platforms has also made it more accessible to investors.
In many ways, NEO is similar to Ethereum. It acts as a platform where applications can be built, where they are placing a lot of focus on smart economy applications.
It was launched in late 2016, and was immediately dubbed the ‘Chinese Ethereum’. In September 2017, the Chinese government banned ICOs and there was a fear that NEO would not survive. However, it was proved the doubters wrong, and has very much grown, showing a huge growth in price throughout January.
VeChain is a little heard crypto project that is working hard to set itself apart from the crowd, and judging by the January figures, it is doing a very good job.
It has focused on the ICO and DApps market, placing an emphasis on powering the emergence of the IoT, and has since struck partnerships with a number of high profile Chinese firms.
Despite not seeing a huge amount of growth in the whole of 2017, this has definitely changed for the better this January.
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