In 2024, several altcoins outshined Bitcoin and Ethereum, marking a significant shift in the cryptocurrency market. Since the beginning of the year, 23 altcoins have risen above the two leading cryptocurrencies, according to Chinese cryptocurrency journalist Wu Blockchain.
The surge in Bitcoin and altcoins was fueled by spot Bitcoin ETFs and the impressive performance of certain altcoins. Wu Blockchain highlighted that some of the top 100 cryptocurrencies by market value have surpassed Bitcoin and Ethereum in terms of growth.
The Wu Blockchain team identified 23 altcoins that have surpassed Bitcoin and Ethereum in 2024. Among them, WIF, PEPE, FLOKI, JASMY, CKB, PENDLE, AR, CORE, TON, and FET emerged as the top 10 performers. These altcoins saw remarkable growth percentages, with WIF leading the pack at 2008.3%, followed by PEPE at 975% and FLOKI at 770%.
The data indicates a significant shift in the cryptocurrency market, with altcoins like JASMY surpassing Bitcoin’s growth by 558%. The Wu Blockchain team’s analysis provides valuable insights into the evolving landscape of cryptocurrencies, offering investors a glimpse into the potential of these emerging digital assets.
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