Of the 300 largest coins by market capitalization on CoinMarketCap, 42 altcoins have outperformed Bitcoin since the start of the year.

It's worth noting that a large portion of these outperforming coins belong to memecoin projects - cryptocurrencies that are often created based on internet trends and have little intrinsic value.

Another interesting thing to note is that as many as 20 out of the top 42 altcoins have been on Binance since last year or even earlier.

Additionally, 5 other altcoins have also been listed by Binance in 2024.

While memecoin is dominating, this list of 42 altcoins also includes projects from various fields such as real-world assets (RWA), artificial intelligence (AI), decentralized finance (DeFi), and layer 1 blockchains.