In a year marked by significant volatility in the cryptocurrency market, several altcoins have emerged as top performers, with Fartcoin leading the pack with a staggering 1,847,357% gain. The top 6 altcoins of 2024 have been identified, with Fartcoin, MANTRA, Virtuals Protocol, Ondo, Aerodome, and Pepe making the list.
Altcoin Market Performance
The altcoin market has been closely tied to Bitcoin’s performance, with big rallies in BTC often leading to major bull runs in altcoin markets. This year was no exception, with Bitcoin posting a 121% gain from January 1 to December 24.
Top 6 Altcoins of 2024
1. Fartcoin: The Meme Coin Sensation
Fartcoin, a Solana Program Library meme coin, has taken the cryptocurrency market by storm, posting a 1,847,357% gain from its debut in mid-October to December 24. Its price surged 300% in a matter of days following the November election, and it is now poised to reach $2 per token on popular Solana decentralized exchanges.
2. MANTRA: Real-World Asset Tokenization
MANTRA, a Layer-1 blockchain focused on security and optimized for real-world asset tokenization, has seen its price gain 8,776% from January to December. The platform’s successful attainment of licensing from financial authorities has contributed to its rise.
3. Virtuals Protocol: AI-Powered Decentralized Protocol
Virtuals Protocol, a new Layer-2 decentralized protocol, has gained 6,068% from January to December. Its tokenized, decentralized creation and management of “AI agents” have made it a top performer in the altcoin market.
4. Ondo: Real-World Asset Tokenization
Ondo, another RWA token, has seen its price increase by 1,758% from January to December. Its decentralized autonomous organization and special perks for users of Flux Finance have contributed to its success.
5. Aerodome: Decentralized Exchanges
Aerodome, an automated market maker for Coinbase’s Ethereum Layer-2 platform, Base, has gained 1,672% from January to December. Its clever liquidity incentive engine governed by a decentralized consensus model has made it a top performer.
6. Pepe: The Original Meme Coin
Pepe, the original and leading Pepe economy, has gained 1,249% from January to December. Its memeing Web3 feels goodman, and it remains a popular choice among altcoin traders.
Top 100 Market Cap Cryptos Ranked by 2024 ROI
The full list of top 100 market cap cryptos ranked by their 2024 ROI can be found below. The list includes a mix of utility and meme coins, with Fartcoin leading the pack.
| Rank | Coin | ROI %age | | — | — | — | | 1 | Fartcoin | 1,847,357% | | 2 | MANTRA | 8,776% | | 3 | Virtuals Protocol | 6,068% | | 4 | Ondo | 1,758% | | 5 | Aerodome | 1,672% | | 6 | Pepe | 1,249% |
Note: The ROI %age is calculated by taking the average crypto exchange price on December 24 and dividing it by the average price on January 1.
Source: Cryptopotato.com
The post Top 6 Altcoins of 2024: Fartcoin Leads with 1.8 Million Percent Gain appeared first on CoinBuzzFeed.
