The cryptocurrency landscape has seen a remarkable transformation in 2024, with several coins catching the attention of traders due to their meteoric gains.
Although the market has largely benefited from the benefits of Bitcoin BTC/USD record run beyond $100,000, the returns of many assets have far exceeded those of the leading cryptocurrency
What happened: VIRTUAL, the native cryptocurrency of Virtual protocol, left all other coins in the dust with a mind-blowing 26,198% year-to-date gain
The token hit an all-time high of $3.72 on Sunday and saw gains of 127% for the month, pointing to a strong end to the year.
Virtuals Protocol is a decentralized platform that facilitates virtual interactions through its AI and Metaverse products.
Meme coins were next on the list. Solana SOL/USDparody play based on SPX6900which calls for the creation of a new stock index called SPX6900, has exploded 10,795% since the start of the year.
Feline-Themed Cryptocurrency Popcat became the third biggest gainer in the market, generating massive returns of 9,473% to its holders over the year.
| Cryptocurrency | Earnings since the beginning of the year +/- | Price (At 10:30 p.m. ET) |
| Virtual protocol (VIRTUAL) | +26198.45% | $3.51 |
| SPX6900 (SPX) | +10795% | $0.9049 |
| Popcat (POPCAT) | +9473.60% | $0.7761 |
On the theme of the frog Pepe PEPE/USD has also multiplied its investors’ wealth, up 1,291% since the start of 2024.
Among large-cap cryptocurrencies, Dogecoin DOGE/USD And XRP XRP/USD stole the show, pumping 255% and 241% respectively.
See also: Crypto Analyst Predicts Dogecoin Price Rebound as Whales Increase Holdings
Bitcoin jumped 121% in 2024, thanks to a burst of significant bullish catalysts, including spot listing of exchange-traded funds and cryptocurrency-enabled that of Donald Trump presidential victory.
On the other hand, Ethereum ETH/USD failed to match, rising only 49%, despite triggers such as the approval of spot ETFs.
The total market capitalization of cryptocurrencies almost doubled from $1.65 trillion to $3.28 trillion in 2024, reflecting the resurgence of cryptocurrencies. after a difficult period in 2022 and 2023.
Why it’s important: This was not the first time Martinez made a bullish prediction for Dogecoin.
Photo courtesy: Tasou TV on Shutterstock.com
Photo by CMP_NZ on Shutterstock
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