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Which new altcoins from 2017 have the most promising technology and potential for growth?

avatarTushar MeenaDec 28, 2021 · 3 years ago3 answers

Can you recommend any new altcoins that were launched in 2017 and have shown promising technology and potential for growth? I'm interested in investing in cryptocurrencies and would like to know which ones have the best prospects. Please provide some insights and analysis on these altcoins.

Which new altcoins from 2017 have the most promising technology and potential for growth?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure! One altcoin that stands out from 2017 is Ethereum (ETH). It is a decentralized platform that enables the creation of smart contracts and decentralized applications (DApps). Ethereum has gained significant popularity and has a strong developer community backing it. Its technology allows for the execution of complex computations and the creation of new tokens. With its potential to disrupt various industries, Ethereum has a promising future.
  • avatarDec 28, 2021 · 3 years ago
    In my opinion, Ripple (XRP) is another altcoin worth considering. Ripple aims to enable fast and low-cost international money transfers. It has partnered with major financial institutions and has gained traction in the banking sector. Ripple's technology, the RippleNet, provides a secure and efficient way to transfer funds globally. With its strong partnerships and real-world use cases, Ripple has the potential for significant growth.
  • avatarDec 28, 2021 · 3 years ago
    As an expert at BYDFi, I would like to mention that one altcoin with promising technology and growth potential is Cardano (ADA). Cardano is a blockchain platform that aims to provide a secure and scalable infrastructure for the development of decentralized applications. It utilizes a unique proof-of-stake consensus algorithm called Ouroboros, which ensures security and energy efficiency. Cardano also emphasizes academic research and peer-reviewed development, making it a promising project to watch out for.