While spot bitcoin exchange-traded funds (ETFs) stole the spotlight in the digital asset world during the first half of 2024, several lesser-known cryptocurrencies also attracted significant attention.
According to CoinGecko, the total market value of all cryptocurrencies surged by $661 billion in the first half of the year, with bitcoin alone contributing $409 billion to this increase.
Forbes recently highlighted the top ten best-performing cryptocurrencies for the first half of 2024:
1. Dogwifhat: Leading the pack with an impressive 1,306% increase in value, Dogwifhat’s market capitalization now stands at $2.1 billion.
2. Pepe: Up by 815%, Pepe has reached a market cap of $5 billion.
3. Artificial Superintelligence Alliance: This cryptocurrency saw a 545% rise, bringing its market cap to $3.6 billion.
4. Floki: With a 392% increase, Floki’s market capitalization is now $1.6 billion.
5. JasmyCoin: Up by 343%, JasmyCoin boasts a market cap of $1.4 billion.
6. Arweave: This digital asset experienced a 188% increase, resulting in a market capitalization of $1.8 billion.
7. Core: Up by 152%, Core now has a market cap of $1.2 billion.
8. Toncoin: With a 135% rise, Toncoin’s market capitalization has reached $18.8 billion.
9. Bitget: Bitget saw a 100% increase in value, pushing its market cap to $1.6 billion.
10. Bonk: Rounding out the top ten, Bonk experienced a 90% increase, achieving a market capitalization of $1.5 billion.
These impressive gains highlight the dynamic and rapidly evolving nature of the cryptocurrency market. As the year progresses, investors will likely keep a close eye on these and other emerging digital assets, looking for the next big opportunity in the ever-changing crypto landscape.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.