Forbes, the renowned American magazine with a rich history spanning over a century, recently released an insightful report on the cryptocurrency market. The initial six months of 2024 witnessed the debut of spot Bitcoin ETFs, leaving a significant mark. Despite this, various altcoins also made significant strides during this period.
Among the notable cryptocurrencies gaining traction were obscure digital assets alongside meme-based coins that garnered sudden popularity among investors. Although Bitcoin (BTC) surged notably following the introduction of spot ETFs, several altcoins managed to surpass BTC's performance.
Forbes' detailed analysis reveals that certain memecoins and unexpected altcoins outpaced Bitcoin's growth, reshuffling the market dynamics. Forbes' comprehensive list showcases the top 10 best-performing cryptocurrencies with market capitalization exceeding $1 billion:
- Dogwifhat (WIF): 1,300% surge, with a market cap of $1.71 billion
- Pepe Coin (PEPE): 815% spike, market value at $3.78 billion
- Artificial Superintelligence Alliance (FET): 545% increase, market cap reaching $3 billion
- Floki Inu (FLOKI): 392% surge, market value of $1.38 billion
- JasmyCoin (JASMY): 343% growth, market cap totaling $1.16 billion
- Arweave (AR): 188% rise, market cap standing at $1.8 billion
- Core (CORE): 152% increase, market value at $1 billion
- Toncoin (TON): 135% upsurge, market cap valued at $18 billion
- Bitget (BGB): 100% growth, market value reaching $1.47 billion
- Bonk (BONK): 90% increase, with a market value of $1.7 billion
Following the publication of this report by Forbes, the Bitget exchange expressed gratitude for the acknowledgment.
Disclaimer: This information does not constitute investment advice.
