2024 has been an exciting year for the cryptocurrency market. Leading assets such as Bitcoin and Ethereum made significant gains, but some altcoins overshadowed this rise with incredible performance. Chinese cryptocurrency journalist Wu Blockchain announced in a post that some altcoins among the top 100 cryptocurrencies in terms of market value have surpassed Bitcoin and Ethereum. The Wu Blockchain team listed the top 100 altcoins that surpassed Bitcoin this year, which aroused great interest among investors. WIF coin, PEPE, FLOKI ranked first on Wu Blockchain’s list. Here are the findings and other cryptocurrencies on the list…
WIF coin and these 22 altcoins top the charts
The fluctuations in Bitcoin in the last year have directed many investors to alternative cryptocurrencies. According to research by the WuBlockchain team, there are 23 altcoins that gained more value than Bitcoin this year. Among these altcoins, WIF, PEPE, FLOKI, JASMY, CKB, PENDLE, AR, CORE, TON and FET are in the top 10. Research shows that Bitcoin will gain around 15% in value in the first six months of 2024. In contrast, the top 10 altcoins provided an average return of 1,500%. This has far surpassed the performance of Bitcoin.
So, according to the data, 23 altcoins have shown an incredible rise since the beginning of 2024, leaving Bitcoin and Ethereum behind. Among these altcoins, WIF coin is in the leadership seat. Because 2008 experienced an increase of 3 percent. PEPE, with its rise of 975 percent, FLOKI, 770 percent, and JASMY, with its rise of 558 percent, surpassed BTC, which rose by 68 percent. Likewise, CKB, PENDLE and Arweave (AR) increased by 330-390 percent and ranked fifth, sixth and seventh on the list. CORE ranked ninth on the list with an increase of 251 percent.
Which coins made the rest of the list?
cryptokoin.com As we reported, Toncoin (TON), which attracted great attention this year due to Telegram’s moves, ranked ninth. TON experienced an increase of 221 percent. In tenth and eleventh place were the famous artificial intelligence coins (AI) Fetch.ai (FET) and SingularityNET (AGIX). These two coins have surpassed BTC and ETH, rising by 166 percent and 141 percent, respectively, since the beginning of 2024. After these, meme coins such as SHIB, BONK, DOGE were on the agenda. Additionally, exchange coins such as BGB and BNB were also included in the list. You can see other cryptocurrencies in the list below:
There are many factors behind the rise of these altcoins. While some investors believe in the infrastructure and potential of these altcoins, others find them attractive due to the lower price of these altcoins. Additionally, the recent inclusion of some altcoins in popular culture has increased the interest in these altcoins. As a result, according to some, 2024 may be a turning point for altcoins. In an environment where Bitcoin and Ethereum have dominated the cryptocurrency market for a long time, the rapid rise of some altcoins attracts the attention of investors. This may lead to further diversification of the cryptocurrency market and the emergence of new leaders.
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