The cryptocurrency market has seen a remarkable revival in 2024, rising from $1.8 trillion in January to $3.9 trillion in mid-December. This increase was led by Bitcoin’s 160% annual rise.

Dogecoin regained investor interest by recording a 350% price increase due to political and cultural factors, while Ripple’s XRP token gained 330% thanks to regulatory optimism and strategic product launches.

Hedera Hashgraph attracted attention with its growth in the DeFi space, showing an 800% increase.

What do you think about the long-term impact of these developments on the crypto market? Share your thoughts in the comments.