IOTA, Nxt And Ethereum Have Given Investors The Biggest Returns Last Year
A new report by Cointelegraph discusses some exclusive findings by a Crypto Finance Conference analyst which shows the top three cryptocurrency projects for investor returns in 2017.
The data stems from research into projects that managed to raise a minimum of $1 million in 2017. From this, the analyst has trawled through data to work out exactly what sort of return the project could have potentially made investors and, from their findings, has compiled a list of the top three cryptocurrencies.
You can see the full article for yourself, here.
According to Cointelegraph, the rankings are as follows;
In first place, IOTA, with a 614,934% return for investors over 2017.
In second place is Nxt, with a 500,000% return for investors over 2017
Finally, in third place is Ethereum, with a 141,000% return for investors over 2017.
Itâs incredible to see the distance between IOTA and Ethereum here.
According to Cointelegraph, the CEO of Crypto Finance Conference has said:
âNo project in the top ten had an ROI that was less than 6,000%âgains that are unfathomable for investors in many other markets. These numbers demonstrate the strong upside and myriad real-world applications for cryptocurrency. Also, the extreme success of infrastructure projects suggests investors should be seeking foundational companies that will redefine the internet in the next 10 to 15 years.â
You can see the full ranking, including the top ten cryptocurrencies for investment returns in 2017 for yourself, here.
This sort of research is important as it allows us to map our historic trends, that in turn can be used to help us predict the future of similar projects and other cryptocurrencies. Of course, we canât expect a cryptocurrency each year to see gains of over 600,000%, but now with this data, we can at least trawl through the story of IOTA a little in order to understand how this happened. By doing this, we are then able to see how likely it is to happen again, indeed to IOTA, or another new crypto project. Â