๐จ A look back: How were cryptocurrencies ranked on August 6, 2017?
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๐ The most important news:
* On August 6, 2017, the price of Bitcoin (BTC) was around $3,213, a fraction of its current value.
* This period marked the beginning of the explosive rise seen in the cryptocurrency market in late 2017.
* The cryptocurrency market was much smaller, with a total market cap not exceeding a few billion dollars.
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๐ก The top 5 cryptocurrencies at that time:
* Bitcoin: Still the dominant currency by a wide margin.
* Ethereum: In second place, its smart contract platform was beginning to gain momentum.
* Ripple (XRP): In third place, a currency focused on payments between financial institutions.
* Litecoin: Considered the silver to Bitcoin's gold, it was in fourth place.
* Dash: In fifth place, focused on privacy and fast payments.
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โ Do you think the current ranking of cryptocurrencies will see a drastic change in the coming years like it did in the past?
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