While Bitcoin (BTC) and Ethereum (ETH) still up by 49% and 36% year-to-date, some major altcoins look surprisingly pale in 2024
While Bitcoin and Ethereum still up by 49% and 36% year-to-date, some major altcoins look surprisingly pale in 2024
We counted 37 tokens among the top 100 tokens by market value that have fallen in price this year. During the same period, BTC +48.9% and ETH +36.4. Among them, STRK -50% ORDI -45% EGLD -41% MINA -38% BSV -37% ARB -31% INJ -28% MATIC -27% had the largest decline.The three worst sufferers, namely Starknet , ORDI and MultiversX lost between 40% and 50%. STRK, the core native cryptocurrency of Starknet, an Ethereum L2, saw 50.33% of its value erased.
Out of all"losers," Chainlink's main token LINK and Internet Computer look the strongest with sub-1% losses.In 2024, fueled by the long-anticipated approval of spot Bitcoin ETF in the U.S., cryptocurrency prices entered a new phase of growth.
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