TL;DR
- Virtuals Protocol (VIRTUAL) led the crypto market in 2024 with a 23,079.2% increase, rising from $0.01311 to $3.04.
- Brett (BRETT) recorded a gain of 14,784.6%, reaching a price of $0.145 and surpassing a $1 billion market capitalization.
- Popcat (POPCAT) stood out with a 10,459% increase, reaching a $1 billion market capitalization on the Solana blockchain.
The crypto market in 2024 has witnessed exceptional performance, with some cryptocurrencies recording historic gains. This has allowed them to capture the attention of investors worldwide.
According to the latest reports, Virtuals Protocol (VIRTUAL) took the top spot this year. It achieved an impressive 23,079.2% increase in its price, rising from $0.01311 to $3.04. This surge was driven by the launch of its AI agent platform. This generated massive interest among investors seeking exposure to both AI and memecoins. This price increase means that an initial investment of $100 in VIRTUAL at the beginning of 2024 would have generated over $23,000 by the end of the year.’
The second position on the list of the most profitable cryptocurrencies of 2024 was taken by Brett (BRETT), with a gain of 14,784.6%. Its price rose from $0.0009766 to $0.145, despite a pullback from its all-time high reached in December, when the token hit $0.234. This strong performance allowed Brett to position itself as the first memecoin on the Base chain to reach a market capitalization of $1 billion.
Crypto Market: Overwhelming Success of Memecoins
Popcat (POPCAT), another memecoin, also stood out with a 10,459% increase in its value, rising from $0.007640 to $0.8067. This token, which emerged on the Solana blockchain, was the first to reach a $1 billion market capitalization, solidifying its place as one of the big surprises of the year.
Despite the dominance of memecoins, other projects also achieved significant returns. MANTRA (OM), with a 6,418.3% increase, stood out as the most profitable investment in the real asset-backed sector. Meanwhile, Aerodrome Finance (AERO) recorded a 3,139.4% increase.
Although Bitcoin (BTC) and Ethereum (ETH) did not take the top spots, both continued to show solid performance. Bitcoin experienced growth of 133.8%, surpassing $104,000. Ethereum increased by 53.4%, reaching $3,498.
