Crypto Market Soars on the First Day of the Year: Here Are 5 Altcoins That Started the New Year Strong
Although the cryptocurrency market entered 2024 with a decline, the recovery in the price of Bitcoin (BTC) allowed some altcoins to gain value on the first business day of the year. The five altcoins that rose at the beginning of the new year are listed as follows:
Fartcoin (FARTCOIN)
FARTCOIN, which rapidly gained popularity towards the end of 2024 and reached a market value of $ 1 billion in a short time, became the altcoin that gained the most value on the first day of the year. FARTCOIN, which recorded a huge increase of 46% in the last 24 hours, is trading at $ 1.40 at the time of writing.
DeXE (DEXE)
DEXE, which acts as a governance token for decentralized autonomous organizations, has gained 35.59% in the last 24 hours, approaching $20.90 levels. Approaching its all-time high of $33.54, DEXE’s market value has reached $1.2 billion.
Virtual Protocol (VIRTUAL)
The native token of the artificial intelligence assistant Virtuals Protocol, VIRTUALS, has welcomed the new year with an increase, having shown a remarkable performance of 14 thousand percent last year. Increasing by 21.92 percent in the last 24 hours, VIRTUALS is currently trading at $4.73 and its market value has exceeded $4 billion.
Bittensor (TAO)
Bittensor (TAO), which stands out among artificial intelligence-themed projects, gained 22.3% in the last 24 hours and started trading at $ 521. TAO's market value exceeded $ 3.8 billion.
Core (CORE)
CORE, an Ethereum Virtual Machine (EVM) compatible Layer-1 blockchain network, has become one of the notable altcoins of the new year. Gaining 17.55% in the last 24 hours, CORE is currently changing hands at $1.24 and its market value is at $1.15 billion.