Top 10 Cryptocurrencies With The Biggest ROI
The 2017 Bull Run was eventful for most cryptocurrencies that existed at that time. Interestingly, only a few coins like ChainLink (LINK) have been able to brace a new all-time high since the 2017 epic rally. Cryptocurrency investment especially ICOs have been a cash cow for investors and an estimated $4.9 billion was raised through ICOs in 2017.
Of this number, some of them turned out to be a very successful project and made good returns for investors. Taking into consideration the risk involved in cryptocurrency investment assets, most of the benefits have greatly outweighed its downsides. This article x-rays the top 10 most profitable cryptocurrency based on their all-time high.
1. NXT — 12,857,142% ROI
NXT is probably one of the earliest blockchain projects in existence. The project had its fundraising in 2013 with a mission to improve on the existing Bitcoin code such as scalability. The project was developed by an anonymous developer and raised a total of US$16,800 worth of Bitcoin at that time. The team had stated that the funds will be designated for developing the crypto asset and its proprietary open-source consensus algorithm.
A bunch of NXT sold for a few cents, contributors to NXT project paid $ 0.0000168 for one NXT token. With an incredible return for ICO investors, the token had an ATH of $2.16 USD on December 23, 2017, a record 12,857,142% ROI return on investment.
2. Spectrecoin — 673,900% ROI
If privacy is a concern to you, then you probably would have read a thing or two about Spectrecoin. The project deploys a protocol that lets users stay anonymous while transacting with the coin. Spectrecoin combines blockchain technology with a tokenized ring signature scheme. It further deploys the Tor network to ensure high-level privacy for users.
The network nodes establish communication with each other using Tor. These nodes serve as intermediaries before an executed transaction reaches its destination. Tor is hidden within the network using OBFS4 technology.
The ICO wasn’t so much of a buzz, the team which stayed anonymous managed to raise $15,000 selling 19 million XSPEC tokens for $0.001 each. The price of the token reached an all-time high of $6.74 on January 02, 2018, making a whopping 673,900% ROI.
3. NEO (Formerly Antshares) — 656,066.67% ROI
Popularly dubbed the “China’s Ethereum”, NEO currently ranks among the top 20 cryptocurrencies. The blockchain project utilizes smart contracts to bring decentralized commerce to the blockchain space. The project received incredible support from giant companies such as Microsoft and Alibaba.
The ICO was held in October 2015 in which 17.5 million tokens were sold for $556,500. A second sale was conducted in September 2016, this time the project raised $4.5 million for about $22.5 million tokens sold. NEO was sold for 3 cents and braced an all-time high of $196.85 on January 15, 2018, realizing a decent 656,066.67% returns for investors.
4. IOTA — 568,900% ROI
IOTA is an innovative project that doesn’t require a fully-functional blockchain to execute feeless transactions. Rather, it is deployed on a system called Tangle. This way, users verify a transaction at the exact time it’s been executed. This feature solves the problem of scalability which has limited a lot of popular blockchain projects
In its ICO, a billion token was sold raising about US$400,000, a very decent amount at that time. The token was issued for $0.001 and went all the way to an all-time high of $5.69 USD on December 19, 2017, printing 568,900% ROI for early investors. The 2018 bear market shook the entire crypto market to its root, notably, IOTA still ranks among the top 24 cryptocurrencies by market cap.
5. Ethereum — 461,190.32% ROI
If you have ever heard a thing or two about cryptocurrency, chances are that you probably would have heard of Ethereum. As the second-largest cryptocurrency by market cap and the biggest DApp platform, Ethereum has gained a lot of recognition within and out of the cryptocurrency space. The platform was co-founded by Vitalik Buterin who is a popular figure across the entire cryptocurrency community.
Ethereum ICO was conducted at a time when ICO wasn’t yet a name to reckon with, but the entire experience was a great success for Ethereum. US$18 million was raised selling ETH for $0.31 each. The price of ETH hit the ceiling sometime in January 2018 with over $1430 per token. Ethereum made the 4th position on this list with over 461,190.32% ROI.
6. Stratis — 323,614.29 % ROI
Over the years, Stratis has been focused on building a platform that provides a ready solution for the deployment of business applications that is readily available for use. The platform has been highly compatible with Microsoft based products and has gained mainstream recognition for the works they have been able to put together.
In the past, Microsoft had provided support for Stratis’ Blockchain-as-a-Service (BaaS) platform, further expanding its reach. Stratis had its ICO in 2016 raising about $675,000, for $0.007 per token. Stratis printed over 323,614.29 % ROI after its price peaked at $22.66 on January 08, 2018.
7. Ark — 99,800% ROI
Ark is one of the earliest DPoS (Delegated Proof of Stake) consensus platforms with a mission to build a block of integrated blockchains and bring them into a massive “spiderweb of use-cases.” The project is laced with the responsibility to create interoperability of other cryptocurrencies on its platform.
The ICO was conducted in 2016 raising about $950,000 at that time. The token price was issued for $0.01 per Ark. This implies a decent 99,800% ROI return for investors after hitting an all-time high of $9.99 USD on January 09, 2018.
8. Lisk — 51,623.68% ROI
Lisk is the world’s first modular and most popular Blockchain-based platform. By design, Lisk has a mainchain on which the LSK currency runs on, and this mainchain subsequently hosts other side-chains that are seamlessly compatible with the Lisk infrastructure.
9. QTUM — 33,190% ROI
With a 33,190% return, QTUM occupies the 9th position among the top 10 cryptocurrencies by ROI. The project held its ICO in march 2017 and raised about $15.6 million for a token price of $0.3. Within a few months of listing, QTUM made an all-time high of $99.87 on January 07, 2018.
QTUM is one of those unique projects that combine Ethereum’s smart contract with Bitcoin Core’s stable Blockchain with a proof-of-stake algorithm for verification. This uniqueness has made the project to attract a wide range of contributions and support from the Bitcoin and Ethereum community. QTUM is still considered as one of the top blockchains for deploying and implementing smart contracts for businesses.
10. DigixDAO — 17,885.5% ROI
Today, DAOs or Decentralized Autonomous Organizations are fast becoming one of the ways through which blockchain projects push to achieve complete decentralized governance. It’s becoming a common practice through which control can be decoupled within a business structure.
One unique perspective about DAOs is that investors who bought tokens aren’t just investing for personal gains, it also gives them the right to vote on important decisions concerning the running of the project. The same narrative could be said of DigixDAO.
DigixDAO made the 10th and final position on our list, the project debuted as the first Ethereum’s on-chain crowd-sale. The project raised $5.5 million in March 2016. The token was issued for $3.323 and made an all-time high of $597.66 on February 28, 2018, printing 17,885.5% returns for early investors
Innovations within the blockchain fundraising space have given rise to other crowd-raising models like Security Token Offering (STO) and Initial Exchange Offering (IEO). As the pioneering model, ICOs still remain one of the most popular.
From the numbers, it can be inferred that ICOs have been one of the most profitable ways investors buy into a project early enough to enjoy maximum benefits. One thing to note however is that a project’s use case in the outside world such as the SaTT one, play a great part in its token value over time.