common-close-0
BYDFi
Trade wherever you are!

Which digital currencies gained the most popularity in 2018?

avatar4bdelhaDec 28, 2021 · 3 years ago3 answers

In 2018, which digital currencies experienced the highest increase in popularity?

Which digital currencies gained the most popularity in 2018?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Bitcoin (BTC) and Ethereum (ETH) were the two digital currencies that gained the most popularity in 2018. Both of these cryptocurrencies have established themselves as leaders in the industry and have seen significant growth in terms of adoption and market value. Bitcoin, being the first and most well-known cryptocurrency, continued to dominate the market and attract the attention of investors. Ethereum, on the other hand, gained popularity due to its smart contract capabilities and the development of decentralized applications (DApps) on its platform. These two digital currencies were the top choices for investors and traders in 2018, and their popularity is expected to continue in the future.
  • avatarDec 28, 2021 · 3 years ago
    2018 was a year of significant growth for digital currencies, and several coins gained popularity. Among them, Ripple (XRP) and Litecoin (LTC) stood out. Ripple, with its focus on facilitating fast and low-cost international money transfers, gained attention from financial institutions and investors. Litecoin, often referred to as the silver to Bitcoin's gold, gained popularity due to its faster block generation time and lower transaction fees. These digital currencies gained traction in 2018 and are expected to continue to be popular choices for investors in the coming years.
  • avatarDec 28, 2021 · 3 years ago
    According to a report by BYDFi, a digital currency exchange, the digital currencies that gained the most popularity in 2018 were Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies experienced significant growth in terms of market value and adoption. Bitcoin and Ethereum, being the most well-known and established cryptocurrencies, continued to dominate the market. Ripple gained attention for its partnerships with major financial institutions, while Litecoin gained popularity for its faster transaction times and lower fees. These digital currencies were the top choices for investors in 2018 and are expected to remain popular in the future.