In comparison to top three S&P 500 stocks, the ICO of Ethereum, BNB, and IOTA has been rated at the best-performing assets in terms of Return on Investment in the last 10 years.
According to data obtained from Crypto Differ, an ICO, IEO and blockchain review and new platform, top cryptocurrencies like ETH, BNB and IOTA outpaced the return of stock in multiple times within a decade.
This was obtained in an analysis done to compare the current ROI of best performing S&P 500 stocks to top 10 ICOs.
Crypto differ claims it leveraged CNBC for the list of top-performing S&P 500 stock in 10 years. While data for best-performing ICOs within the same period was obtained from Coinist ICO and Altcoin Discovery platform.
Crypto Differ claims the result was quite unexpected, presenting Ethereum, Binance, and IOTA as a better performer against top stock in the last 10 years.
Per information on the chart, Ethereum ICO recorded an ROI of 45808% while NETFLIX, the best performing stock in the last 10 years, had an ROI of 3726%.
Binance and IOTA registered 1309% and 9274% respectively while Market Axess Holdings and ABIOMED, sitting in the same relative positions to the crypto projects, presented 2770% and 2009%.
A different result was obtained from position 4 to 10 of the ICOs VS Stocks comparison table.
Starting from NEO, S&P 500 stocks had more ROI in the last 10 years. According to the chart, projects like NEO, Chainlink, Augur, Maidsafecoin, Lisk, Tron and Qtum had lesser returns than their equivalent Stocks on the table.
NEO and Qtum presented 2672% and 504% ROI while equivalent Stocks on the table (Broadcom and NVIDIA) recorded 1983% and 1412% respectively.
18 months old Tron Network sits on the 9th position of the table. A Tron community member stated that the result is quite acceptable for the blockchain project considering its age in the crypto industry.
Top 10 performing ICOs vs Top 10 best performing S&P 500 stocks of the decade:
TRON is ranked 9th, which for an 18 month old network is acceptable for me.
But we all still agree that TRX is still very undervalued. Don't we? https://t.co/KSH4tBsxir
— Mike McCarthy (@MikeNerdUK) December 23, 2019