Performance of coins in 2024
1⃣ Among the top 100 tokens by market value, 24% have been at their lowest level since the beginning of the year after rising at the beginning of the year;
2⃣ 73% of the top 100 performed worse than BTC;
So the truth is that if you don’t play contracts, you will beat 60% of people, and if you only hoard #BTC, you will beat at least 90% of people;
3⃣ ETH ranks 37th in performance, and SOL ranks 30th;
Although SOL’s strength is not a flash in the pan, it is still unsatisfactory;
4⃣ The best is WIF (+1700%), and the worst is ORDI (-54%). After the second glory of Inscription, it has become a fighter among garbage;
5⃣ The top three are MEME, and PEPE is far ahead:
The reason behind this is simple. There is a lack of innovation on Ethereum, and the volatility of Bitcoin is too small. Most new entrants are pursuing high returns, so Bitcoin and Ethereum will not excite them. Everyone cannot choose a higher return point when entering the market, and can only choose Meme, Meme is the best narrative; Meme is essentially a punishment for the lack of innovation in the cryptocurrency circle, so I have always said that before innovation, choosing Meme is the best choice.
