📉 In 2017, dozens of cryptocurrencies called themselves “an improved version of Bitcoin.”
They promised faster transactions, low fees, and revolutionary technologies. But time put everything in perspective.
What happened to the projects in the 2017 top 100 compared with $BTC (River data):
• Most completely collapsed: almost all the lines on the chart hit rock bottom—over 90% of projects lost 95% to 99.99% of their value relative to Bitcoin, or disappeared from the market entirely.
• Even the giants fell behind: well-known coins such as $ETH (-80%), $XRP (-85%), $LTC (-96%), and $DOGE (-23%) still couldn’t outperform $BTC over the long run.
• The market’s main lesson: hype and bold promises only work in short cycles, while the decentralization and scarcity of $BTC stand the test of time.
Which altcoins from 2017 are still in your portfolio? 👇
#Bitcoin #BTC #CryptoHistory #Altcoins #Trading
They promised faster transactions, low fees, and revolutionary technologies. But time put everything in perspective.
What happened to the projects in the 2017 top 100 compared with $BTC (River data):
• Most completely collapsed: almost all the lines on the chart hit rock bottom—over 90% of projects lost 95% to 99.99% of their value relative to Bitcoin, or disappeared from the market entirely.
• Even the giants fell behind: well-known coins such as $ETH (-80%), $XRP (-85%), $LTC (-96%), and $DOGE (-23%) still couldn’t outperform $BTC over the long run.
• The market’s main lesson: hype and bold promises only work in short cycles, while the decentralization and scarcity of $BTC stand the test of time.
Which altcoins from 2017 are still in your portfolio? 👇
#Bitcoin #BTC #CryptoHistory #Altcoins #Trading
