Although analysts say that 2017 was the year of Bitcoin, which in December exceeded $ 19,000 before retracing, in reality last year was a good year for almost all cryptocurrencies, with Dash, Ethereum, Litecoin, Ripple and NEM are able to put themselves in good light, and consolidate continuous impulses during all the months, thus gaining the first places in the market capitalization.
Ripple and Ethereum, 2018 is their year?
In 2017 Ripple earns 36.018 percent, rising first in terms of development of its capitalization, ahead of NEM with + 29.842 percent, followed in turn by Ardor, Stellar, Dash, Ethereum in third, fourth, fifth and sixth position, respectively.
The rival cryptocurrencies of Bitcoin, and Ethereum and Ripple in particular, have therefore shown remarkable returns over the last year, opening important margins for the near future.
Analysts in particular wonder whether 2018 will actually be the year of Ethereum and Ripple, rather than Bitcoin. Ethereum in 2017 recorded a 9.162% boost, but growth seems to be more sustainable than other cryptocurrencies, thanks to the technology underlying its system, which is becoming increasingly appreciated by financial institutions & co.
Even more striking is the boom of Ripple, which in early December was trading at only 25 cents, and then exceeded 3 dollars at the beginning of January and thus create a capitalization of 100 billion dollars. A surprising leap, mainly due to the interests that Ripple is determining in the financial services sector in Asia, and not only.
What to expect for 2018
But what to expect for 2018? Although many analysts believe that the new year will bring huge profits for Bitcoin in 2018 thanks to the SegWit, other observers have provided more conservative and conservative prospects. In short, the impression is that if 2017 was the year of the cryptocurrency boom, 2018 could be the year of maturity and consolidation in the market.
Moreover, 2017 was also the year of many successful ICO campaigns and others rather unsuccessful, while companies explored new ways to make money. The result was the availability of about 1,300 altcoins to choose from, with the contemporary consequence that determining the "real" long-term value of each of the new currencies became very difficult ...
