A Crypto Finance Conference analyst has identified the top three cryptocurrency projects with the highest returns on investment in 2017.
The data comes from research into crypto projects that raised a minimum of $1 million in 2017. From this, the analyst identified exactly the return a project could have potentially made its investors.
According to Cointelegraph, the top three cryptocurrency projects with the highest ROI are:
1. IOTA: 614,934% return
2. Nxt: 500,000% return
3. Ethereum: 141,000% return
The CEO of Crypto Finance Conference said, “No project in the top ten had an ROI that was less than 6,000%—gains that are unfathomable for investors in many other markets. These numbers demonstrate the strong upside and myriad real-world applications for cryptocurrency. Also, the extreme success of infrastructure projects suggests investors should be seeking foundational companies that will redefine the internet in the next 10 to 15 years.”
Rounding out the top ten cryptocurrencies that gave investors the highest ROI in 2017:
4. Stratis: 34,142.86% return
5. Spectrecoin: 19,318.80% return
6. Neo: 17,718.09% return
7. Ark: 12,800.00% return
8. Storjcoin X: 6,951.06% return
9. Lisk: 6,763.16% return
10. Komodo: 6,681.82% return
This type of research helps map out historic trends, which in turn can be used to make predictions about the viability and success of new projects and other cryptocurrencies. Naturally, a massive 600,000% return cannot be expected every year; but knowing why it happened to IOTA, we may be able to predict similar or even greater success in other crypto projects.