At its highest point Sunday, Ripple XRP skyrocketed 36,000% to become the world’s best-performing digital asset. The cryptocurrency charted an impressive path in the final three weeks of the year, gaining more than 800% when comparing the closing price between Dec. 7 and 31.
When it comes to yearly gains, ether was no slouch. The market’s favorite ICO platform rose more than 9,000% for the year, placing it among the top gainers.
Cryptocurrency NEM also put up enormous gains, rising nearly 30,000%. Lesser known Ardor gained nearly 17,000% and Stellar rose more than 14,400%
Bitcoin’s year-end growth amounted to 1,300%. At its highest point, it was up 20 times over Jan. 1 levels.
Crypto Market Cap
By the end of 2017, there were nearly 1,400 cryptocurrencies in circulation with a combined market cap of roughly $610 billion. At the start of the year, the total market cap was just $18 billion, representing a gain of nearly 3,300%.