Review of the crypto market in the first half of 2024: Which track is the most profitable?
The first half of this year is almost over. Since BTC broke through the previous bull market high and rose to 70,000, it has never seen exciting glory again.
Meme coin has become the most profitable track
"Value investment is nothing, all in MEME lives in the palace" has gradually become the mantra of this bull market.
Meme coin has been the most profitable track so far in 2024, with the highest average return rate reaching 2405.1%. As of June 19, 3 of the 10 largest Meme coins by market value were newly launched around March-April: Brett (BRETT), BOOK OF MEME (BOME) and DOG•GO•TO•THE•MOON (DOG).
Among them, BRETT has the highest return rate, up 14353.54% from its issue price; dogwifhat (WIF) has risen 933.93% from 2024 to date (YTD), triggering the Meme coin craze at the time.
The profitability of Meme coins is 8.6 times that of the second largest profitable track RWA, and 542.5 times that of the least profitable DeFi track.
The second largest profitable track RWA has a return rate of 213.5% from 2024 to date.
Among the RWA tokens with the highest market capitalization, MANTRA (OM) and Ondo (ONDO) have the largest increases, 1123.8% and 451.12% YTD respectively, while XDC Network (XDC) has performed the worst, down 44.38%. Except for some old DeFi, the RWA project is generally in its early stages, so you can pay more attention to it.
The AI track followed closely with a return rate of 71.6%.
The average return rate of the AI track in the past 24 years is 71.6%, ranking third.
Among them, Arkham (ARKM) has the highest increase of 215.50%. The second is AIOZ Network (AIOZ), which has increased by 192.19%. Render (RNDR) and Fetch.ai (FET), which received high attention in the first half of the year, had returns of 57.47% and 116.00%, respectively, and performed well.
DePIN and Layer1 achieved steady growth
DePIN's return rate was basically negative in the first half of the first quarter, and it began to reverse the downward trend since March, with a return rate of 58.7% so far.
The best performing DePIN token among the large-cap DePIN tokens is JasmyCoin (JASMY), with an increase of 323.42%, followed by Arweave (AR) and Livepeer (LPT), with YTD increases of 174.07% and 116.06%, respectively.
The best performing large-cap L1 cryptocurrencies are actually Toncoin (TON) and Binance Coin (BNB), with gains of 204.72% and 86.10%.
GameFi, DeFi and Layer 2 lag behind
#山寨热点