Pietro
Mon Jul 15 2024
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6 answers
1110
How much value was created/raised by Bitcoin forks in 2017?
In 2017, the cryptocurrency landscape was profoundly transformed by the emergence of numerous Bitcoin forks. These forks, essentially creating new digital assets derived from the original Bitcoin codebase, raised numerous questions among investors and enthusiasts alike. Could you elaborate on the magnitude of value created or raised by these Bitcoin forks in 2017? Did they significantly contribute to the overall cryptocurrency market capitalization? What were the key factors that determined the success or failure of these forks in terms of value generation? Your insights would be invaluable in understanding the impact of forks on the crypto economy during that pivotal year.
