In 2024, the cryptocurrency market has shown mixed performances.
The 3 worst cryptocurrencies of 2024:
1. Celestia (TIA): Despite expectations, TIA underperformed, recording a significant drop in its market value.
2. Arbitrum (ARB): ARB faced challenges, including a large token unlock that increased selling pressure, resulting in a devaluation of over 50%.
3. Optimism (OP): Another promising project that failed to live up to expectations, with its OP token performing negatively throughout the year.
The 3 best cryptocurrencies of 2024:
1. Bitcoin (BTC): BTC continued its upward trajectory, reaching a price of approximately $101,711, with an appreciation of 137% on the year.
2. XRP (XRP): Ripple's cryptocurrency has seen remarkable growth, reaching $2.36, representing a 284.8% increase in value.
3. Dogecoin (DOGE): Initially created as a joke, DOGE has surprised by reaching $0.40, representing an impressive 366% increase in value this year.
It is important to note that the cryptocurrency market is highly volatile, and past performance is no guarantee of future results.
Before investing, it is recommended to conduct in-depth research and consider your risk tolerance.
