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Top 5 Altcoins Set to Surpass Bitcoin's Price Growth in 2024

Apr 29, 2024
  • Altcoins Surpass Bitcoin: Some alternative coins have exceeded Bitcoin's performance, with over 100% growth in just three months.
  • Dogecoin's Surge: Dogecoin stands out with a 107% price increase, demonstrating its resilience and popularity among investors.
  • Solana's Success: Solana has experienced a notable 65% surge, highlighting its potential in the cryptocurrency market.

Bitcoin's current price is at its lowest level this week at $62,337 after facing a downward trend. Earlier, Bitcoin reached a high of $73,750.07, a new record, but has since followed a bearish trend after a month-long bullish period.

Since the beginning of 2024, Bitcoin has seen a 54% increase in price, but some altcoins have outperformed it significantly. This article covers the top 5 altcoins that have shown better price improvements compared to Bitcoin.

  1. Dogecoin (DOGE) Dogecoin has been a standout meme coin with consistent performance, attracting a strong following. Starting at around $0.09 in 2024, Dogecoin's price has surged to $0.1414, marking a 107% increase in just three months.

  2. Solana (SOL) Solana reached its peak in March at $201.46. Currently, SOL has surged over 65%, maintaining an average price of $134.88. Starting the year at $102, Solana is now trading at $135.08.

  3. BNB BNB has experienced a more than 90% surge in recent months, making it one of the most profitable altcoins. From an initial price of $312.14, BNB is now trading at $586.79 and maintaining an average of $473.97.

  4. Bitcoin Cash (BCH) Bitcoin Cash has seen a price surge of over 100% in the past three months. Starting at $263.39, BCH is currently trading at $454.96 after a significant 125% increase. Bitcoin Cash holds the 16th position in market capitalization, reaching US$8,964,787,398.

  5. Shiba Inu (SHIB) Shiba Inu has surged over 144% in the last three months, climbing from around $0.0000104 to $0.0000234. SHIB has maintained an average value of $0.0000190 and reached a peak of $0.0000408 in early March. SHIB is currently ranked 16th in market capitalization with a value of $13.93 billion.

Although Bitcoin has been dominant in the market for a long time, some altcoins have shown impressive performance and surpassed Bitcoin this year. It remains to be seen how these altcoins will fare post the Bitcoin halving event, and whether Bitcoin will continue to outperform other digital assets.

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