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Reading: Trending Cryptocurrencies in 2024, Annual Performance of 20 Categories
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EdaFace Newsfeed > Latest News > Crypto News > Trending Cryptocurrencies in 2024, Annual Performance of 20 Categories
Crypto News

Trending Cryptocurrencies in 2024, Annual Performance of 20 Categories

vitalclick
Last updated: December 25, 2024 10:35 pm
2 months ago
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cryptocurrency Another year is coming to an end for investors and these were extremely exciting days. Trump’s election win has significantly affected the markets in the last few months. However, we experienced intermediate trends in some altcoin groups throughout the year. So what are the expectations for the markets? Which altcoins attracted more attention?

Trending CryptocurrenciesCryptocurrencies Will Rise

Trending Cryptocurrencies

2024 was the year of meme coins as new investors started to come to cryptocurrencies. At the beginning of each rising period, new investors turn to altcoins where they can make quick profits. this too BTC or ETH Not meme coins. Although many meme coins have gained tens of times, the low market value meme coin craze has seen thousands of them go to zero.

According to CoinGecko, the category that received the most traffic throughout the year was meme coins. Additionally, there were 4 meme coin groups among the 20 categories with the most traffic. This trend is expected to continue in 2025 due to the cryptocurrency field, which has increased in popularity with Trump.

Solana based meme coins Although it weakened in the last quarter of the year, it largely remained on the agenda throughout 2024. They were instrumental in SOL Coin’s exciting performance. artificial intelligence and RWA focused altcoins also attracted attention throughout the year.

Artificial intelligence It is now a part of our lives, and some cryptocurrencies can feel its support on the chart as they touch AI from side to side. However, in the long run, the story of AI altcoins achieving great success and generating benefits as a result does not seem very credible. RWA is an important field, trillion-dollar giants are doing business in this field and this may attract attention next year.

TON ecosystem remained in last place, and the last few unsuccessful airdrops triggered the expected loss of interest. The beautiful appearance of millions of bubble users in on-chain data does not help much on the price chart.

Cryptocurrencies Will Rise

Kyle in his review today FOMC He drew attention to the increase in STH in the decline experienced after the STH group, which refers to short-term investors, has been in business for less than 3 months. BTC It is used for those who hold it. There is a 3 percent increase in this investor group in 1 week. This means that more liquidity and investors are coming to cryptocurrencies.

Let’s take a look at the DOT Coin chart shared by Bullet at the end of the article.

The analyst thinks that the explosion phase is now approaching and the price will return to $ 40.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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