bitcoin
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ethereum
Ethereum (ETH) $ 3,500.20
tether
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bnb
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xrp
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cardano
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usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.534033
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.13157
okb
OKB (OKB) $ 42.65
polkadot
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shiba-inu
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tron
TRON (TRX) $ 0.134297
uniswap
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wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 66,898.92
dai
Dai (DAI) $ 0.999749
litecoin
Litecoin (LTC) $ 73.29
staked-ether
Lido Staked Ether (STETH) $ 3,498.88
solana
Solana (SOL) $ 172.75
avalanche-2
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chainlink
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cosmos
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the-open-network
Toncoin (TON) $ 7.17
ethereum-classic
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leo-token
LEO Token (LEO) $ 5.70
filecoin
Filecoin (FIL) $ 4.64
bitcoin-cash
Bitcoin Cash (BCH) $ 393.32
monero
Monero (XMR) $ 163.69
bitcoin
Bitcoin (BTC) $ 66,890.92
ethereum
Ethereum (ETH) $ 3,500.20
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 594.53
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.582805
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.13157
cardano
Cardano (ADA) $ 0.431049
solana
Solana (SOL) $ 172.75
matic-network
Polygon (MATIC) $ 0.534033
polkadot
Polkadot (DOT) $ 6.27
tron
TRON (TRX) $ 0.134297

What cryptocurrency trends will mark the remainder of 2024?

Must Read

Completely different crypto belongings are about to shut the primary half of 2024 with massive worth beneficial properties regardless of current setbacks, which portends their potential future for the rest of the yr.

The value of bitcoin registers a rise of 45% up to now in 2024. That is even though it stays in a sideways vary beneath the brand new all-time excessive of $73,700 (USD) recorded in March, because the chart exhibits. Equally, though ether (ETH) has not but recovered its file reached three years in the past, it has seen beneficial properties of just about 50% for the yr.

Not too long ago, ETH has gained higher momentum than BTC because of the approval of exchange-traded funds (ETFs) for this cryptocurrency in the USA. The SEC, securities regulator, estimated that the launch can be someday throughout the nation's summer season, a season that runs from June to September.

Past the efficiency skilled by bitcoin and ether, the 2 crypto belongings with the best capitalization, numerous niches have stood out. The memecoin market is the one which exhibits the most effective efficiency, with a mean enhance of 1,800% up to now in 2024 for the highest ten tokens. This may be seen beneath.

A number of of the highest 10 memecoins by capitalization have been launched after the 2021 bull market, reflecting the robust development of this area of interest. Some have been even born this yr, reminiscent of BRETT, which skilled a rise of 14,300% and dogwifhat (WIF) of 900%.

Partially, this state of affairs has been pushed by the shortage of helpful altcoins (cryptocurrencies aside from bitcoin). Moreover, the curiosity behind memecoins is because of the humor they generate and their ease of development attributable to their low capitalization.

“The phrase 'worth investing is empty, go all out on meme to dwell within the palace' has regularly grow to be one of many mantras of this bull market,” says market analyst journalist Colin Wu.

RWA and AI cryptocurrencies comply with memecoins in efficiency

The cryptocurrency sector that follows the memecoins in the most effective efficiency of the yr is actual world belongings (RWA), which interprets as “actual world belongings.” These crypto belongings They comply with the value of conventional belongings reminiscent of Treasury bonds or actual property.

The ten RWA tokens with the best capitalization achieved a mean enhance of 210% within the first half of 2024. On this manner, curiosity in publicity to conventional finance belongings via cryptoassets appears to be rising. Nonetheless, it needs to be famous that its efficiency was 8.6 occasions decrease than that of memecoins.

Simply after the RWA area of interest, the one which registers probably the most beneficial properties within the yr is cryptoassets associated to synthetic intelligence (AI). To this point this yr, the sector's prime ten tokens, proven beneath, are up a mean of 70%. It’s because developments on this space are booming, spreading enthusiasm within the markets.

“AI has grow to be the brand new darling of the know-how subject,” says Wu. The expansion potential that this trade has is benefiting not solely the shares of corporations within the sector, but additionally cryptoasset tasks primarily based on this know-how.

In the meantime, different niches have additionally seen an upward development, though to a lesser extent. Amongst them, crypto belongings from decentralized infrastructure networks (DePIN) stand out with a rise of 58%, layer 1 with 43% and GameFi with 19%. That is taking into consideration the costs of the highest ten tokens in every sector.

New catalysts from these niches, in addition to a revival of bitcoin's rise, could profit these markets. Based on Wu, the current worth decline is because of a pure pause in consolidation to proceed upwards. “The principle wave of the bull market has not but arrived, and there’ll nonetheless be many alternatives,” he thought of.

Past development expectations, it’s value taking into consideration the dangers related to buying and selling. As CriptoNoticias reported, many cryptocurrencies that grow to be well-liked are likely to drop in worth precipitously when market enthusiasm fades. Subsequently, it’s essential to ascertain methods to keep away from undesirable losses.

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