CandleFocus

42 coins have outperformed BTC year-to-date: Lookonchain

According to an analysis by Lookonchain, 42 cryptocurrencies have outperformed Bitcoin in terms of year-to-date returns in 2024. Popcat, Mantra, and Mog Coin are a few of the altcoins that have seen significant gains compared to Bitcoin. Popcat has seen a 7550% increase since Binance announced trading support, while Mantra's OM token has surged 1550% year-to-date. Other altcoins not available on the exchange, such as MOG and MAGA, have also performed well. The top gainers compared to Bitcoin are mostly meme coins, with eight of them listed on Binance. Notable gainers listed on Binance include Dogwifhat, ARKM, PENDLE, FLOKI, and PEPE. Lookonchain suggests that the exchange listings have contributed to the upside momentum of these tokens.

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