Top-Performing Cryptocurrencies of 2024: Best Coins of the Year

This year the crypto market has remained dynamic, with a mix of established favorites and rising stars making their mark. Some coins continued to rise, while others have exploded in growth, driven by various influences.

This guide will detail which coins surged the most this year and clarify the reasons for their boost.

2024 Crypto Market Outlook

The crypto market in 2024 has been influenced by several factors, showing strong growth with many coins seeing significant gains. The key highlights include:

• Increased Adoption: Major corporations and governments continued to explore blockchain technology for applications beyond finance, driving demand for certain tokens.
• Pro-Crypto: Donald Trump's victory and his pro-crypto stance have sparked optimism among investors.
• Regulatory Clarity: Clearer regulations in various countries boosted investor confidence.
• Layer 2 Solutions: Innovations like rollups and other scalability solutions brought renewed attention to certain cryptos.
• DeFi and NFTs: Meme coins, DeFi, and NFTs kept their appeal, pulling in new market participants.

Top-Performing Cryptocurrencies of the Year

Now let’s see which tokens have shown the most development this past year. To give you a clear understanding, let’s start by highlighting their percentage growth. The highest rising crypto in 2024 are:

Cryptocurrency	Price on Dec 1, 2023 (USD)	Price on Dec 1, 2024 (USD)	Percentage Growth
Popcat	Price on Dec 1, 2023 (USD) $0.0162	Price on Dec 1, 2024 (USD) $1.3397	Percentage Growth 8169.14%
Bonk	Price on Dec 1, 2023 (USD) $0.000004	Price on Dec 1, 2024 (USD) $0.000045	Percentage Growth 1025.00%
Floki	Price on Dec 1, 2023 (USD) $0.000032	Price on Dec 1, 2024 (USD) $0.000230	Percentage Growth 618.75%
Sui	Price on Dec 1, 2023 (USD) $0.5974	Price on Dec 1, 2024 (USD) $3.4830	Percentage Growth 482.75%
Dogecoin	Price on Dec 1, 2023 (USD) $0.083414	Price on Dec 1, 2024 (USD) $0.421968	Percentage Growth 405.08%
Solana	Price on Dec 1, 2023 (USD) $59	Price on Dec 1, 2024 (USD) $237	Percentage Growth 302.69%
Fantom	Price on Dec 1, 2023 (USD) $0.3036	Price on Dec 1, 2024 (USD) $1.0478	Percentage Growth 245.96%
Binance Coin	Price on Dec 1, 2023 (USD) $227.69 $654.33	Price on Dec 1, 2024 (USD) 187.76%
Toncoin	Price on Dec 1, 2023 (USD) $2.3886	Price on Dec 1, 2024 (USD) $6.8288	Percentage Growth 185.31%
Bitcoin	Price on Dec 1, 2023 (USD) $37,718.01	Price on Dec 1, 2024 (USD) $96,461.34	Percentage Growth 155.57%

As you can see, some of the coins experienced a remarkable boost. The percentage growth has helped you gauge the relative performance, but knowing the actual monetary increase is important as well. It reflects the actual dollar amount gained or lost, and here is the table showcasing that data:

Cryptocurrency	Price on Dec 1, 2023 (USD)	Price on Dec 1, 2024 (USD)	Absolute Growth
Bitcoin	Price on Dec 1, 2023 (USD) $37,718.01	Price on Dec 1, 2024 (USD) $96,461.34	Absolute Growth $58,743.33
Binance Coin	Price on Dec 1, 2023 (USD) $227.69	Price on Dec 1, 2024 (USD) $654.33	Absolute Growth $426.64
Solana	Price on Dec 1, 2023 (USD) $59	Price on Dec 1, 2024 (USD) $237	Absolute Growth $178
Toncoin	Price on Dec 1, 2023 (USD) $2.3886	Price on Dec 1, 2024 (USD) $6.8288	Absolute Growth $4.4402
Sui	Price on Dec 1, 2023 (USD) $0.5974	Price on Dec 1, 2024 (USD) $3.4830	Absolute Growth $2.8856
Popcat	Price on Dec 1, 2023 (USD) $0.0162	Price on Dec 1, 2024 (USD) $1.3397	Absolute Growth $1.3235
Fantom	Price on Dec 1, 2023 (USD) $0.3036	Price on Dec 1, 2024 (USD) $1.0478	Absolute Growth $0.7442
Dogecoin	Price on Dec 1, 2023 (USD) $0.083414	Price on Dec 1, 2024 (USD) $0.421968	Absolute Growth $0.338554
Floki	Price on Dec 1, 2023 (USD) $0.000032	Price on Dec 1, 2024 (USD) $0.000230	Absolute Growth $0.000198
Bonk	Price on Dec 1, 2023 (USD) $0.000004	Price on Dec 1, 2024 (USD) $0.000045	Absolute Growth $0.000041

Popcat

• Price on Dec 20, 2023 (Launch): $0.0162
• Price on Dec 1, 2024: $1.3397
• Growth: 8169.14%

Popcat saw fast growth because of its unique meme coin image and active social media presence. Its value jumped due to its popularity in meme culture and its use in decentralized apps. Collaborations, social media buzz, and its entry into DeFi projects played a big part in its rise.

Bonk

• Price on Dec 1, 2023: $0.000004
• Price on Dec 1, 2024: $0.000045
• Growth: 1025.00%

As part of the Solana ecosystem, Bonk gained traction by serving as a reward token for NFT transactions. Community support and its integration into decentralized finance platforms helped fuel its success. Strategic partnerships also helped to boost its value over the year.

Floki

• Price on Dec 1, 2023: $0.000032
• Price on Dec 1, 2024: $0.000230
• Growth: 618.75%

Inspired by Elon Musk’s Shiba Inu doge, Floki experienced a major surge in 2024 thanks to ambitious marketing and strong community support. Its involvement with DeFi platforms and play-to-earn models elevated its practical value, raising interest. Overall, its mix of meme coin charm and functional use solidified its market presence.

Sui

• Price on Dec 1, 2023: $0.5974
• Price on Dec 1, 2024: $3.4830
• Growth: 482.75%

Sui has gained momentum fast thanks to its scalable design and focus on decentralized Web3 and NFT infrastructure, drawing in both developers and investors. The platform's ability to scale easily and support complex apps makes it a standout blockchain project.

Dogecoin

• Price on Dec 1, 2023: $0.083414
• Price on Dec 1, 2024: $0.421968
• Growth: 405.08%

2024 was a breakout year for Dogecoin, as it gained traction in payment systems and won the loyalty of its community. The coin also saw increased visibility thanks to figures like Elon Musk. Its use in tipping and microtransactions also made it more mainstream.

Solana

• Price on Dec 1, 2023: $59
• Price on Dec 1, 2024: $237
• Growth: 302.69%

Solana started 2024 with some network troubles, but major upgrades have put it back on course. With faster transactions and improved scalability, it continues to be a major player in DeFi and NFT development.

Fantom

• Price on Dec 1, 2023: $0.3036
• Price on Dec 1, 2024: $1.0478
• Growth: 245.96%

Fantom’s growth can be linked to several factors. It’s good at supporting DeFi apps and smart contracts and has made updates to improve scalability. Plus, its connections with other blockchains and the need for cheaper, faster transactions in DeFi helped its token’s value rise over the year.

Binance Coin (BNB)

• Price on Dec 1, 2023: $227.69
• Price on Dec 1, 2024: $654.33
• Growth: 187.76%

As Binance thrives and its ecosystem expands, BNB grows with it. As new services launch, the coin gets more demand, especially for fee discounts and BSC use. Binance’s global presence and constant innovation in DeFi and NFTs have also helped fuel the coin's continued growth.

Toncoin

• Price on Dec 1, 2023: $2.3886
• Price on Dec 1, 2024: $6.8288
• Growth: 185.31%

Toncoin continues to grow, propelled by its partnership with Telegram. Its scalable design and intuitive dApp interface are making it a favorite among developers. Plus, its low-cost and fast transactions keep drawing in new users.

Bitcoin

• Price on Dec 1, 2023: $37,718.01
• Price on Dec 1, 2024: $96,461.34
• Growth: 155.57%

Bitcoin remains the top cryptocurrency, thanks to its store of value role. More corporations are using BTC to defend against inflation. Its well-known brand and place as the first crypto make it a popular choice for newcomers.

2024 has been an exciting year for crypto investors. While the big coins grew steadily, some new tokens have really stood out with great performance. Looking ahead, the momentum from this year could lead to the next wave of innovation in crypto.