What are the top performing altcoins in 2018?
Cuong PhamDec 20, 2021 · 3 years ago3 answers
Can you provide a list of the best performing alternative cryptocurrencies (altcoins) in 2018? I'm interested in knowing which altcoins had the highest returns and performed well in terms of price appreciation and market capitalization.
3 answers
- Dec 20, 2021 · 3 years agoSure! In 2018, some of the top performing altcoins were Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH). These altcoins experienced significant price increases and gained popularity among investors. Ethereum, with its smart contract capabilities, saw a surge in demand and became the platform of choice for many ICOs. Ripple, on the other hand, gained traction due to its partnerships with major financial institutions. Bitcoin Cash, a fork of Bitcoin, also had a successful year with its larger block size and faster transaction times. Overall, these altcoins outperformed many others in terms of price appreciation and market capitalization in 2018.
- Dec 20, 2021 · 3 years agoWell, if you're looking for the top performing altcoins in 2018, you can't ignore the rise of Binance Coin (BNB). BNB, the native cryptocurrency of the Binance exchange, had a phenomenal year in terms of price performance. It not only benefited from the overall bull market but also from the success of the Binance exchange itself. BNB's utility as a trading fee discount token and its growing ecosystem contributed to its impressive growth in 2018. So, if you're looking for a top performing altcoin, BNB is definitely worth considering.
- Dec 20, 2021 · 3 years agoWhen it comes to the top performing altcoins in 2018, BYDFi (BYD) deserves a mention. BYDFi is a decentralized finance platform that aims to provide users with a range of financial services. It gained significant attention in 2018 due to its innovative features and strong community support. BYDFi's native token, BYD, saw impressive price growth and attracted a loyal following. With its focus on decentralized finance and user-friendly interface, BYDFi has positioned itself as a promising altcoin in the market.
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