CandleFocus XRP, Meme Coins, and RWA Sector Witness Price Surge in 2024
2024-12-26
Author: Content Editor
In 2024, Bitcoin reached the milestone of $100K and surged to over $108K before dipping down to $95K. The U.S. authorities approved Bitcoin and Ethereum exchange traded funds (ETFs), fueling a resurgence in the crypto market. XRP and Cardano (ADA) experienced notable comebacks, with XRP securing a partial victory against the SEC and reaching a market cap of $128 billion. ADA turned bullish during the last quarter rally and reached a yearly high of $1.32. Meme coins on Solana and Tron also surged, and Dogecoin reached a yearly high of $0.4835. The launch of the Department of Government Efficiency (D.O.G.E.) under the administration of Donald Trump, headed by Elon Musk and Vivek Ramaswamy, contributed to the meme coin rally. Additionally, the RWA sector witnessed a significant rally due to the demand for tokenization of natural resources and traditional investment routes. Mantra (OM) experienced a massive surge of 8984.65%.
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