Meet Verge: A Little-Known Cryptocurrency That's Risen As Much As 861,000% This Year
The year isn't over yet, but I feel it fair to say that 2017 absolutely belonged to cryptocurrencies.
The stock market, traditionally the greatest long-term creator of wealth, has nicely surpassed its historic average gain of 7% a year, inclusive of dividend reinvestment and adjusted for inflation, in 2017. By comparison, the aggregate value of all virtual currencies combined has catapulted from $17.7 billion on Dec. 31, 2016, to as high as $654 billion on Dec. 21, 2017. That represents an increase of nearly 3,600% -- a lifetime's worth of gains for some folks in less than a year's time.
Image source: Getty Images.
Source: Fool.com
