Bitcoin stands out as the top cryptocurrency among the thousands available in the market, boasting high demand and a significant market capitalization of $1.3 Trillion. It holds a dominance of 53.1% in the market and influences trends that impact the rest of the market. Despite these statistics, Bitcoin does not have the highest gains or value, with the current price of BTC at $69,434.
According to a report by Wu Blockchain, more than 23 cryptocurrencies have outperformed Bitcoin in terms of year-to-date percentage (YTD%) returns. These consist of a mix of meme coins and utility tokens, overshadowing Bitcoin’s growth potential.
In this article, we will explore the top cryptocurrencies that have outperformed Bitcoin.
10 Cryptocurrencies Outperforming Bitcoin
The list of cryptocurrencies surpassing Bitcoin is extensive, with meme coins claiming the top three positions. These coins experienced significant rallies since the beginning of the year, particularly the Solana meme coins, generating considerable hype around them.
1.Dogwifhat (WIF)
Dogwifhat is currently priced at $2.72 and has recorded substantial gains since the start of the year. It holds a market cap of $2,717,261,512 and a trading volume of $874,699,236. Despite recent declines, it has achieved a remarkable 2008.32% gain since its launch, fueling the buzz around Solana coins.
2.Pepe Coin (PEPE)
Pepe Coin experienced its best performance in May, resulting in a YTD gain of 975.65%. At the time of writing, PEPE is priced at $0.00001241 with a market cap of $5.22B and a trading volume of $1.95B.
3.Floki Inu (FLOKI)
FLOKI has also shown impressive progress, gaining 770.74% in value and competing with numerous other cryptocurrencies. This dog-themed meme coin reached an all-time high just three days ago, maintaining its dominance in the meme coin category. Currently, FLOKI is priced at $0.0002733, with a market cap of $2,611,336,752 and a trading volume of $704,053,784.
4.JasmyCoin (JASMY)
JasmyCoin, a utility token, has secured a 558% gain and is on track towards its all-time high target of $4.99. Despite substantial gains, the crypto price stands at $0.0388, and it possesses a market cap of $1,914,937,779 and a trading volume of $383,384,801.
5.Nervos Network (CKB)
The Nervos Network demonstrated a recovery in early May, resulting in a YTD gain of 393%. Currently priced at $0.01732, CKB has a market cap of $767,693,148. The cryptocurrency is experiencing a correction phase due to declining network activity, with a 24-hour trading volume of $67,890,029.
6.Pendle (PENDLE)
After reaching an all-time high of $7.52 in April, PENDLE is now trading at $5.49. The token is aiming for a recovery from its recent decline, recording a 387% gain and a market cap of $856,150,375. Its trading volume surged by 39% in the last 24 hours, reaching $93,783,223.
7.Arweave (AR)
Since March, the price of Arweave has shown bullish momentum, gaining 331.7% in value and currently trading at $37.44. Although it remains 60% below the all-time high of $90.94, continued rally could propel AR to achieve this milestone by the year’s end. With a trading volume of $113,150,026 (a 68% increase) and a market cap of $2,456,714,432, Arweave is maintaining a strong position.
8.Core (CORE)
Core has also emerged among the top ten cryptocurrencies with a 251% gain in recent months. The current price of CORE is $1.71, accompanied by a market cap of $1,522,097,033 and a trading volume of $115,700,457.
9.Toncoin (TON)
Achieving a 221% gain in value, Toncoin has established itself through collaborations with Telegram. The cryptocurrency recently reached an all-time high of $7.78 and is currently traded at $7.12. With a market capitalization of $17,279,219,961, Toncoin has surpassed Shiba Inu to claim the 9th spot based on market cap. Its trading volume stands at $407,927,582.
10.Fetch.ai (FET)
The demand for artificial intelligence-based cryptocurrencies is visible in Fetch.ai’s 197% gain over recent months. Fetch.ai is currently priced at $1.72, with a market cap of $1,457,965,281 and a trading volume of $352,546,979.
Final Thought
With WIF, PEPE, and others leading the bullish market trend, 2024 has proven to be quite promising. Bitcoin’s price growth remains significant at a 68% gain, suggesting further potential as the anticipated bull run approaches by the year’s end.
Continue Reading What Will Happen If VanEck’s Ethereum Price Prediction of $22,000 Comes True?
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- Source: https://cryptoinfonet.com/bitcoin-news/top-10-cryptocurrencies-that-have-outperformed-bitcoin-in-2021-coingape/
