Analytics / Forex and Crypto News
People buy and sell cryptocurrencies to get profit, otherwise, there wouldn’t be any reason to use it. The ICO Drops website has published ROI (return on investment indicators) for dollar investments in the 3 largest cryptocurrencies, as well as for the 3 main exchange tokens.
Bitcoin (BTC) has the highest ROI in the last three months with 128%. In addition, according to ICO Drops, Bitcoin turned out to be profitable by a maximum of 12% for 7 days in a row, and, in the same way, by 19% for 14 days and by 15% for 30 days.
Ethereum (ETH) has shown the ROI of 94% for dollar investments over the past three months. Among the similar indicators of Ethereum - 5% for 7 days, 10% for 14 days and 8% for 30 days.
The third largest asset, XRP, gave the investment owners 37% ROI in three months. Moreover, the asset brought a maximum of 8% in seven consecutive days, and also 9% in 14 days and 6% in 30 days.
Exchange tokens have also become new tools for profit for traders and investors.
Binance Coin (BNB) has become a popular token that has brought investors a profit of 127% over the past 3 months. It is also interesting that the token brought the maximum 4% for 7 consecutive days, and, in the same way, 18% for 14 days and 22% for 30 days.
KuCoin Shares (KCS) also surprised with its 79% ROI over three months. Moreover, the token turned out to be profitable at a maximum of 39% for 7 consecutive days, as well as 47% for 14 days and 60% for 30 days.
Finally, the Huobi (HT) token became the third largest stock token, which turned out to be 67% profitable in three months. HT was also able to give a maximum of 8% for 7 days in a row, as well as 20% for 14 days and 36% for 30 days.
During November, ICO-projects sold 416K ETH. This is the largest figure since the summer, reports Trustnodes.
According to Santiment, in August, ICO startups sold only 100,000 ETH. In September, sales of digital currency increased significantly, reaching 300 thousand ETH. In Nov