Bitcoin is trading at the week low of $65,487.44 after facing a dip of 6%. Earlier, Bitcoin had risen to a high of $73,750.07, setting a new record, but now is following a downtrend after showcasing bullish trends for the month. From the start of 2024, Bitcoin price is up by 54%, but a few
The post 5 Top Altcoins Outperforming Bitcoin This Year appeared first on CoinGape.
Bitcoin is trading at the week low of $65,487.44 after facing a dip of 6%. Earlier, Bitcoin had risen to a high of $73,750.07, setting a new record, but now is following a downtrend after showcasing bullish trends for the month. From the start of 2024, Bitcoin price is up by 54%, but a few altcoins have even done better.
In this blog, let us discuss the top 5 altcoins which have outperformed Bitcoin in terms of performance.
Top Altcoins With Splendid Performance In 2024
Hundreds of altcoins have shown way more profits this year, but for now, the blog concludes the top 5 altcoins that have outperformed Bitcoin in terms of price growth. This top altcoins list includes Dogecoin, Solana, BNB, Shiba Inu, and Bitcoin Cash.
Dogecoin
Dogecoin has been one of the best-performing meme coins throughout its career and is the most preferred meme coin among inventors. When this year started, Dogecoin was trading around the $0.09 mark, but today, the price is $0.1639, signifying a 107% price surge in just three months.
Though Dogecoin is way lower than its all-time high value, the meme coin has gained quite a good surge in the last few months. Talking of which, its market cap is at $23.99B, placing it 9th in the ranking.
Solana
Solana peaked in March, celebrating the highest value of $ 201.46. The price has surged more than 65% in the last few months and has maintained an average of $ 134.88. The year started with Solana at $102, but today it’s $ 154.94.
Solana is ranked 5th on CoinmarketCap, where its market capitalization is at $69,455,808,619, with a trading volume of $6,234,282,175.
BNB.
BNB has surged more than 90% in the last months, making it one of the most profitable altcoins right now. It started with a BNB price of $312.14 but now it’s trading at $ 574.24 after maintaining an average of $473.97. During this time, BNB surged to a highest of $ 631.95 in the middle of March.
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It has been the best performance of BNB in the last two years. It has gained a market cap of $86,599,949,669 and is ranked 4th on the CoinmarketCap.
Bitcoin Cash
Bitcoin Cash has surged above 100% in the last three months. The year started with the BCH price at $263.39 and is currently trading at $ 553.43 after a 125% surge. Earlier, BCH surged to a high of $ 699.58. In these three months, it maintained an average of $ 379.12.
Bitcoin Cash is ranked 13th based on market capitalization, which is at $11,155,398,560 with a trading volume of $969,546,730.
Shiba Inu
Shiba Inu has surged more than 144% in the last three months. On the first of January, Shiba Inu was trading around $.0000104, but today, the price is around $0.0000236. Throughout this time, SHIB maintained an average value of $ 0.0000190 and even surged to a high of $ 0.0000408 at the start of March.
It is ranked 12th for its market cap, surging to $13.93B today. Apart from this, it has a trading volume of $1.1 Billion.
Conclusion
Bitcoin has been dominating the market for years and has steady control over it. Regardless of that, a few altcoins have managed to perform spectacularly well and get ahead of Bitcoin this year. It has to see whether these altcoins will be able to manage the same performance once the Bitcoin halving happens or if Bitcoin will get ahead of the rest.
Read More Memecoins Plunge 18% Following Massive Crypto Liquidations
The post 5 Top Altcoins Outperforming Bitcoin This Year appeared first on CoinGape.
