Most Successful Initial Coin Offerings of all the time
With the value of Bitcoin and other cryptocurrencies uprising in the market, Initial Coin Offering market is found changing every single day. There has been a lot of hype and speculations surrounded by it.
Though they don’t have lengthy success stories for 2019, experts suggest the second half of 2019 will experience a great boom in the cryptocurrency market. This article discusses the top Most Successful Initial Coin Offerings which is launched till the date!
Ethereum was launched in the year 2014 with an initial token price of around $0.31. This was one of the pioneers in the year 2014, which managed to raise around $18 million in just 42 days. The price of Ethereum token was a bit high with around $1,417 in January 2017, which became one of the top cryptocurrencies at that time.
Unlike Bitcoin, Ethereum is not only a digital currency but also a digital ledger technology that can be used in building Decentralized applications through Smart contracts.
It was in the year 2015, IOTA’s initial coin offering was launched. IOTA raised around $ 400,000. It hit around $5.69 high which is not high compared to other ICOs. It offered an ROI of around 332,500% for an early set of investors.
Author Signature :
Robert Kroos, Crypto Writer!