Since the start of 2024, only 42 coins have outperformed Bitcoin among the top 300 coins on CoinMarketCap. Surprisingly, many of the top-performing tokens belong to the Memecoin category, with 11 out of the top 15 coins falling into this group. The memecoin POPCAT has led the way with a 7,552% gain, followed by other memecoins like MOG, NPC, and MAGA with significant year-to-date growth. The report also highlights that 20 of the top-performing tokens were listed on Binance in the last year or earlier, and five more are listed on Binance in 2024. This information does not constitute investment advice.
Analyst Jamie Coutts Says Crypto Market Could Be in the Final Throes of a Bearish Phase – Here’s Why