As we are nearing the end of the year, we decided to take a look back on the growth of the Crypto Market. The appreciation over the year has been truly been remarkable.

 

Here is a list of the top 10 Crypto’s as of 1 January 2017 (courtesy of www.coinmarketcap.com)

 

 

Now lets look at today’s top 10 and their current price (courtesy of www.coinmarketcap.com)

 

 

On 1 January Bitcoin was priced at $963 (NOW $8,263)

Ethereum – $8.26 (NOW $370)

Ripple’s XRP – $0.0065 (NOW $0.23)

Dash – $11.26 (NOW $512)

 

This has been an absolutely crazy year for the Crypto world…and we are still at a relatively early stage! Most people still do not even know what a ‘blockchain’ is or how Crypto currecnies function.

 

In 2017 we have seen the birth of many new tokens and coins, including Bitcoin Cash.

 

Bitcoin is still the currency that many believe was invented in order to trade on the ‘dark web.’ We cannot wait to see what 2018 has in store for the Crypto market. Will we see another huge spike in price? How far can Bitcoin reach before January 2018?

 

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We are not investment or financial advisors and are here to provide news and our opinions. Please be fully informed regarding the risks and costs associated with trading the financial markets and the Cryptocurrency market, it is one of the riskiest investment forms possible.