In the recent video, top trader Mike Jenkins from the popular crypto channel Coin Bureau lists out the top 5 ICOs with the highest ROI ever in the cryptocurrency market up to date.
“Generally speaking, there are two ways a cryptocurrency is born. The first is through something called a fair launch which is when a community comes together to mine a cryptocurrency from zero. The second way is via ICO. ICO is short of initial coin offering, and it’s how most cryptocurrencies have been created”.
5th Place: BNB
Binance is a crypto exchange that started in the summer of 2017 and quickly became one of the largest in the world by trading volume, recording $200 million in profit in its second full quarter of operation.
Binance Coin was launched as an ERC-20 token sold through an ICO to be used for discounted trading fees, of which a portion are burned each quarter. Once Binance launched Binance Chain, its own public blockchain in April 2019, the ERC-20 tokens were swapped for native tokens.
According to the trader, during the ICO, 100 million BNB was sold at a price of 15 cents per token.
“The BNB ICO raised 15 million dollars, and those who have managed to hold their BNB since 2017 are currently sitting on a 2000x profit. At BNB’s ATH, this would be 4000x”.
4th Place: NEO
NEO has raised a total of $100M in funding over 3 rounds. Their latest funding was raised on May 16, 2019 from a Series A round. NEO is known as being the Chinese Ethereum.
The first NEO ICO took place in the fall of 2015 when the project was still known as Antshares. This saw 17.5 million NEO sold for just over 550 grand. This works out to an ICO price of around 3.2 cents.
“Those who have HODLed their NEO since then could trade it in today for a 1000x return on investment. The ones who sold their NEO at or near the peak during the last crypto bull run secured a solid 5000x ROI”.
3rd Place: IOTA
IOTA is one of the most well known projects occupying the crypto space. It is known for being the preeminent distributed network for Internet Connected Devices.
ITOA’s ICO took place at the end of 2015. MIOTA’s entire initial supply of 1 billion was sold for just 434 thousand dollars in Bitcoin. This means MIOTA’s ICO price was just 0.000434 dollars.
As the analyst says, the lucky buggers who have held since IOTA’s ICO are currently up over 2000x. Any who managed to sell at MIOTA’s all-time high received a whopping 10,000x return on investment.
2nd Place: Ethereum
Coming at the second place is Ethereum. Ethereum’s ICO was held across the summer of 2014, and it raised over 18 million dollars in Bitcoin.
With 60 million ETH up for grabs, this worked out to a price of about 30 cents per ETH The current ROI on Ethereum’s ICO is 6500x. According to Jenkins, if talking Ethereum’s all-time high, the ROI is a staggering 15,000x.
1st Place: NXT
Holding the 1st place is NXT (pronounced as Next). NXT’s ICO took place long before ICOs were even a thing. An anonymous poster on the Bitcointalk forum detailed his desire to build a quote ‘descendant of Bitcoin’ in September 2013.
This individual decided to hold a crowdsale to fund his operation shortly afterwards, and he managed to raise 21 Bitcoin worth 16800 dollars at the time. The participants in this proto ICO received the entirety of NXT’s maximum supply of 1 billion when the main net launched later that year, which equals 0.0000168 dollars per NXT.
“While this is only a 1000x return at today’s prices when NXT hit its all-time high of nearly 2 dollars at the end of 2017, anyone who sold walked away with more than 100 thousand times more than what they had initially invested”.
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