As a seasoned investor with over two decades of experience in the dynamic world of cryptocurrencies, I find myself constantly intrigued by the ever-evolving landscape of digital assets. The recent trends suggest a clear separation between the winners and the losers, much like a game of musical chairs where the music has suddenly stopped.
Besides Bitcoin, altcoins encompass all other digital currencies that operate on cryptographic blockchains. Just like Bitcoin, their value can fluctuate significantly and often follows Bitcoin’s price trends.
As a dedicated researcher in the realm of cryptocurrencies, I’ve observed an intriguing pattern: significant Bitcoin rallies often trigger substantial bull runs in the altcoin market too. This phenomenon is commonly referred to within the crypto trading community as “alt season.
This year, Bitcoin experienced a price surge of 121% between New Year’s Day and Christmas Eve. However, six other cryptocurrencies – or altcoins – recorded even more significant gains. These ranged from an impressive 1,249% to an astounding 1.84 million percent for a digital currency that was only introduced to the market in October.
In this article, you’ll find the complete ranking of the top 100 cryptocurrencies, arranged according to the percentage of growth they achieved from January 1st to December 24th this year. I calculated these returns by taking the average cryptocurrency exchange price on December 24th and dividing it by the average price on January 1st.
As an analyst, I must emphasize that while this list provides valuable insights into potential day trading and swing trading opportunities, it’s crucial to consider the market fluctuations that may have occurred between the start and end dates of the analysis. Some coins might prove more or less profitable than they initially appear upon closer examination of their market movements during this period.
In a different timing, many of these coins could have demonstrated significantly larger percentage increases based on their price highs occurring earlier in the year. However, let’s discuss the top six performers for those who invest consistently over time (dollar cost averaging) or maintain a long-term holding.
1. Fartcoin Blew Investors Away This Year
Fartcoin now valued at $1.2 Billion – what an explosion!
— Barchart (@Barchart) December 24, 2024
2021 saw an unexpected surge for Fartcoin, a new and humorous cryptocurrency, which started gaining momentum immediately after its debut in mid-October, causing quite a stir in the crypto market.
After the November election, this meme coin based on Solana Program Library witnessed a significant surge. The re-election of Trump sparked a rally across most cryptocurrency markets, but it was Fartcoin that recorded an impressive 300% increase from November 5 to November 18. Later in December, the value of Fartcoin rose even further, reaching above $1 by December 19.
Currently, Fartcoin is expected to surge up to $2 per token on well-known Solana decentralized exchanges like Radium and Meteroa VD. One might wonder what fuels such a humorous meme-based economy. Could it possibly relate to the name “Trump,” which has historical associations with a—to put it politely—a derisive laugh, much like a Bronx cheer?
Moreover, this meme token serves as a recent example of the simplicity, affordability, and high market fluidity when launching new currency on the Solana platform. In the competition for supremacy in the world of decentralized finance, the smart contract-based Layer 1 blockchain is keeping pace with Ethereum.
Over the span from its launch up until December 24th, it’s astonishing to note that the value of Fartcoin skyrocketed by an astounding 1,847,357% as per CoinMarketCap’s data. Can you believe a digital currency like Fartcoin would achieve the highest percentage increase among all cryptocurrencies in 2024?
Those who have been following the meme coin market: These unconventional newcomers can certainly be compared to the provocative and entertaining personalities in the broadcasting world within the digital finance industry.
2. MANTRA Bags Win For RWA Tokenization
2024 has seen a surge in the prices of several meme coins, as well as altcoins with practical purposes and direct application. This trend indicates the market’s growing interest in cryptocurrencies that drive valuable applications and artificial intelligence (AI).
Throughout the entire year, the mantra cryptocurrency consistently set fresh all-time highs (ATHs) in June, July, October, and then soared to an unprecedented peak in November that far surpassed all previous records. Among the top 100 coins, it generated the second highest return on investment (ROI) from January through December.
Mantra’s (OM) digital coin serves as the medium of exchange for its Layer-1 blockchain, which emphasizes security and is specifically designed for real-world asset tokenization (RWA). This platform has been constructed to adhere to and enforce real-world regulatory norms in managing real-world assets.
Why Mantra’s Price Ratcheted Up In 2024
Starting in Q4 2020, Mantra OM has made significant progress since then. A substantial factor contributing to Mantra’s growth this year has been its achievement of obtaining licenses from financial authorities to ensure compliance with regulatory standards as it broadens its user base worldwide.
Mantra has obtained authorization not only to function and offer regulated financial services in Hong Kong, but also secured licensing from the UAE authorities. This expansion increases its potential to be a significant force in creating a worldwide “Internet of Things.
In June, the price of Mantra’s OM tokens peaked at a record $1.09. This was particularly noteworthy as the broader cryptocurrency market was experiencing a downturn during that period.
This significant achievement was brought about by a collaboration between Mantra and Zand Bank from the UAE. Together, they are working diligently to establish robust guidelines for tokenizing RWA that align with the Virtual Asset Regulatory Authority of Dubai.
Subsequently, OM achieved yet another unprecedented peak in October. This impressive feat followed the significant increase in Mantra’s value, which soared over 60% within just 30 days, reaching almost $1.50 and amassing a total market capitalization of approximately $1.2 billion.
Overall, Mantra (OM)’s price gained 8,776% on crypto markets from Jan. to Dec. this year.
3. Virtuals Protocol Wins Crypto AI Meta
The Virtuals Protocol (VIRTUAL) is a cutting-edge, layer-2, decentralized system that seamlessly operates across various blockchain L1s as well as the traditional Web 1.0 and 2.0 infrastructures. However, what sets it apart is its capability to tokenize and manage “artificial intelligence agents” in a decentralized manner.
These artificially intelligent entities can be released onto platforms such as Telegram, social media, online games, and metaverses directly from the blockchain, which is why they are referred to as “Virtual Agents.
In 2024, the Virtuals Protocol token saw a staggering 6,068% increase in value, making it the third-largest price surger in that year. From January 1st to December 24th, VIRTUAL experienced this significant growth.
4. Ondo, Another Sweep for RWA Tokenization
2024 saw a significant appreciation for the tokenization of real-world assets across various markets. Additionally, currency platforms that offered distinctive, specialised, and valuable use cases, such as the Render token and AIOZ Network, were also well received.
In 2024, it’s worth noting that not just one, but two distinct RWA tokens appeared among the top six cryptocurrencies with the highest return on investment (ROI). This double occurrence highlights the potential of this particular market segment. Additionally, another RWA token named Ondo also experienced significant growth.
Participating in the Decentralized Autonomous Organization (DAO) of Ondo can be done using Ondo tokens, offering exclusive benefits to users of Flux Finance. This financial system, in turn, operates under the governance of the Ondo DAO.
Cryptocurrency traders understand that successful altcoins often repeat their success. Notably, Ondo reached unprecedented highs on the exchange market in April, March, and May, and once more in December. This consistent performance has contributed significantly to its outstanding growth in 2021.
Ondo’s price increased from Jan. 1 to Dec. 24 by 1,758%.
5. Aerodome Chalks Boon For Decentralized Exchanges
2024 saw the highest annual return on investment for Utilities and Meme-related ventures. The utility sector has once more proven its strength by introducing Aerodome, an automated market maker, specifically designed for Coinbase’s Ethereum Layer-2 platform, Base.
An aerodrome functions by connecting Base’s primary liquidity center, utilizing an intelligent liquidity reward system driven by a decentralized decision-making structure. This year, the exchange rates for their AERO tokens have started to soar.
Starting from August 2023, Aerodome (AERO) was listed on various crypto exchanges. This year alone, it reached remarkable all-time highs in March and April. Notably, the Automated Market Maker (AMM) coin repeated its success in December. From January 1st to December 24th, AERO recorded an impressive increase of 1,672%.
6. Pepe Memes Still Hot Coin In 2024
The original and leading Pepe economy brings up the rear on this list of top gainers this year.
What can you really say about Pepe? Memeing Web3 feels good, man.
Pepe gained 1,249% from Jan. 1. to Dec. 24 this year.
Top 100 Market Cap Cryptos Ranked By 2024 ROI
COIN: (Dec. 24 Price)/(Jan. 1 Price) = ROI %age
Top 50
Fartcoin: 1.09/0.000059 = +1,847,357%
MANTRA: 3.71/0.0418 = +8,776%
Virtuals Protocol: 3.07/0.04977 = +6,068%
Ondo: 1.67/0.08986 = +1,758%
Aerodome Finance: 1.63/0.092 = +1,672%
Pepe: 0.00001895/0.000001404 = +1,249%
Pudgy Penguins: 0.03548/0.003375 = +951%
dogwifhat: 2.01/0.197 = +920%
Hyperliquid: 29.22/3.3178 = +781%
Bitget Token: 4.93/0.5966 = +726%
AIOZ Network: 0.9484/0.1356 = +599%
Sui: 4.56/0.8425 = +441%
JasmyCoin: 0.0382/0.00727 = +425%
FLOKI: 0.0001782/0.00003738 = +377%
Ethereum Name Service: 37/9.82 = +277%
Brett (Based): 0.1413/0.0385 = +267%
XRP: 2.30/0.63 = +265%
Hedera: 0.33/0.09161 = +260%
Dogecoin: 0.33/0.092 = +258%
Aave: 374/116.05 = +222%
Stellar: 0.396/0.1319 = +200%
Raydium: 4.94/1.8073 = +173%
GateToken: 13.58/5.20 = +161%
Toncoin: 5.73/2.34 = +145%
TRON: 0.26/0.1078 = +141%
UNUS SED LEO: 9.47/3.97 = +139%
Bitcoin: 97,866/44,187 = +121%
Zcash: 68.02/31.27 = +118%
Shiba Inu: 0.00002291/0.00001068 = +114%
BNB: 692/314 = +120%
Core: 1.14/0.5521 = +106%
Uniswap: 14.47/7.60 = +90%
Mantle: 1.22/0.6446 = +89%
Artificial Superintelligence Alliance: 1.36/0.7316 = +86%
Bittensor: 490/270.74 = +81%
Solana: 194/109.54 = +77%
Bonk: 0.000033/0.00001873 = +76%
Bitcoin Cash: 467.50/266.67 = +75%
Fantom: 0.976/0.5563 = +75%
XDC Network: 0.08182/0.0482 = +70%
Algorand: 0.393/0.2389 = +65%
Theta Network: 2.34/1.4181 = +65%
Arweave: 17.44/10.57 = +65%
Render: 7.72/4.7462 = +63%
Chainlink: 25.25/15.53 = +62%
Curve DAO Token: 1.04/0.6449 = +61%
Cronos: 0.1624/0.1005 = +61%
Flare: 0.02729/0.01712 = +59%
Ethena: 1.03/0.6522 = +58%
Cardano: 0.92/0.6231 = +47%
Next 50
ETH: 3,455/2,352 = +46%
NEAR Protocol: 5.49/3.80 = +44%
VeChain: 0.05251/0.03656 = +43%
Litecoin: 107.47/74.72 = +43%
Beam: 0.0297/0.02095 = +42%
Tezos: 1.42/1.0419 = +36%
Ethereum Classic: 27.74/22.50 = +23%
Movement: 0.8675/0.714 = +22%
Jupiter: 0.8842/0.73 = +21%
IOTA: 0.3388/0.2903 = +17%
Sei: 0.4613/0.3948 = +17%
Maker: 1,636/1,408 = +16%
Stacks: 1.73/1.52 = +14%
The Graph: 0.2248/0.1969 = +14%
Bitcoin SV: 56.46/50.98 = +11%
Monero: 186.27/169.63 = +10%
Pyth Network: 0.40/0.3694 = +8%
Gala: 0.03851/0.03571 = +8%
Kaspa: 0.1175/0.1088 = +8%
Neo: 15.31/14.57 = +5%
KuCoin Token: 11.36/10.91 = +4%
Helium: 7.58/7.42 = +2%
The Sandbox: 0.6134/0.6065 = +1%
EOS: 0.8627/0.88 = -2%
Avalanche: 40.66/41.86 = -3%
BitTorrent: 0.000001167/0.000001224 = -5%
Decentraland: 0.5338/0.561 = -5%
Kaia: 0.2287/0.2429 = -6%
Filecoin: 5.39/5.7993 = -7%
THORChain: 5.33/5.8671 = -9%
FTX Token: 3.30/3.65 = -10%
Polkadot: 7.44/8.60 = -13.5%
Quant: 118/137.29 = -14%
OKB: 46.88/54.27 = -14%
Internet Computer: 11.06/12.95 = -14%
Flow: 0.7878/0.9959 = -21%
Lido DAO: 1.93/2.5543 = -24%
Axie Infinity: 6.81/10.20 = -33%
Immutable: 1.46/2.4068 = -39%
Worldcoin: 2.30/3.755 = -39%
Cosmos: 6.96/11.93 = -42%
Optimism: 1.92/3.3855 = -43%
Injective: 22.77/43.2967 = -47%
dYdX (Native): 1.56/3.01 = -48%
MultiversX: 36.93/72.84 = -49%
POL MATIC: 0.5174/1.0334 = -50%
Arbitrum: 0.80/1.7352 = -54%
Celestia: 5.27/13.7347 = -62%
Starknet: 0.5008/2.70 = -81%
Aptos: 9.61/116 = -92%
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2024-12-28 08:17