Five largest cryptocurrencies in terms of market capitalization
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2017 is end, and it's time to sum up some results. We are representing cryptocurrencies, which are among the five largest in terms of capitalization. Some coins in the rating and their place in it became a surprise for the entire crypto-community. What will happen in 2018?
Bitcoin
Price
January 1, 2017 - $ 922.68
December 30, 2017 - $ 13,491.40 (+ 1363%)
Capitalization
January 1, 2017 - $ 15.478 billion
December 30, 2017 - 226.3 billion (+ 1362%)
The most popular cryptocurrency showed a great growth in 2017, at the peak moment its rate exceeded $ 20 thousand. However, the price of Bitcoin rolled back, and in the new year the coin enters with a rate of about $ 13.5 thousand.
Ripple
Price
January 1, 2017 - $ 0.006506
December 30, 2017 - $ 2.47 (+ 37864%)
Capitalization
January 1, 2017 - $ 236.4 million
December 30, 2017 - $ 95.787 billion (+ 40419%)
Token Ripple showed a gradual growth all year round, but towards the end of the year made a fantastic leap: its rate grew several hundred times, and by capitalization Ripple shifted Ethereum from second place, exceeding its rate by almost one and a half times. In many ways, this is due to the fact that Ripple is finding more and more partners in the banking sector, offering the current convenient mechanism for transparent transactions on the Blockchain and the infrastructure necessary for this.
Ethereum
Price
January 1, 2017 - $ 8.24
December 30, 2017 - $ 721.7 (+ 8658%)
Capitalization
January 1, 2017 - $ 720.735 million
December 30, 2017 - $ 69.76 billion (+ 9579%)
Until recently, "Ether" was considered the main competitor bitcoin. But closer to the autumn began a real parade of altcoins, which is continuing to this day: coins, of which no one had seriously thought before, show amazing results. But Ethereum also does not stand still, and even in third place in terms of capitalization looks promising.
Bitcoin Cash
Price
July 23, 2017 - $ 555.89
December 30, 2017 - $ 2585.28 (+ 465%)
Capitalization
July 23, 2017 - $ 0
December 30, 2017 - $ 43.65 billion
One of the main forks of Bitcoin in 2017 appeared in the summer, but forced everyone to speak about it in late autumn, when he sharply went up against the background of the falling "dad". And although now its development is going smoothly , Bitcoin Cash was able to enter the top five of the world's largest cryptocurrencies and is confident there.
Cardano
Price
October 1, 2017 - $ 0.021678
December 30, 2017 - $ 0.655239 (+ 3022%)
Capitalization
October 1, 2017 - $ 0
December 30, 2017 - 16.7 billion
Another daring newcomer, who surprised everyone. Cardano is the youngest member of the rating. This is a token of the new Blockchain platform on smart contracts with enhanced functionality in comparison with the current sites. CoinMarketCap indicates the beginning of trading this token on October 1, 2017. During this time, it not only increased in price by a factor of 30, but also entered the top five of the world's largest caps on capitalization, replacing Litecoin from it.
