In 2024, numerous altcoins have demonstrated remarkable profitability, with five standing out for their exceptional performance compared to Bitcoin. These top altcoins include Dogecoin, Solana, BNB, Shiba Inu, and Bitcoin Cash.
Dogecoin
known for its status as a meme coin, has consistently impressed investors. Starting the year at $0.09, it has surged by 107% to reach $0.1639 within just three months.
Despite not reaching its all-time high, Dogecoin's market cap stands at $23.99 billion, ranking it 9th overall.
Solana
Reached its peak value of $201.46 in March, marking a surge of over 65% from its starting point of $102. Currently priced at $154.94, Solana boasts a market capitalization of $69.46 billion and a trading volume of $6.23 billion, securing its position as the 5th top altcoin on CoinMarketCap.
BNB
It has experienced significant growth, with its price soaring by more than 90% over recent months. Starting at $312.14, it now trades at $574.24, peaking at $631.95 in mid-March. This surge in value has solidified BNB's position as one of the most profitable altcoins.
Bitcoin Cash
It has also seen impressive growth, surging by over 100% in the last three months. Starting at $263.39, it currently trades at $553.43, reaching a high of $699.58.
With a market capitalization of $11.16 billion and a trading volume of $969.55 million, Bitcoin Cash holds the 13th position in market rankings.
Shiba Inu
Stands out with a staggering 144% surge in the last quarter. Starting the year at $0.0000104, it now trades at $0.0000236, reaching a high of $0.0000408 in March.
With a market cap of $13.93 billion and a trading volume of $1.1 billion, Shiba Inu has claimed the 12th spot in market rankings.
In conclusion, while Bitcoin maintains its dominance, these altcoins have showcased exceptional performance in 2024.
It remains to be seen whether they can sustain this momentum post-Bitcoin halving or if Bitcoin will reclaim its leading position.
On-Chain Media articles are for educational purposes only. We strive to provide accurate and timely information. This information should not be construed as financial advice or an endorsement of any particular cryptocurrency, project, or service. The cryptocurrency market is highly volatile and unpredictable.Before making any investment decisions, you are strongly encouraged to conduct your own independent research and due diligence
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