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Cointelegraph|Jan 31, 2025 20:11
⚡️ RESEARCH: 2024 was the year of the altcoin.
The altcoin market saw a 76% increase in total market cap, driven by strong performances from large-cap coins like SOL, XRP, SUI, and TON.
Memecoins, in particular, posted impressive gains, with the largest 900 showing an average return of over 1600%.
As Bitcoin dominance began to decline in December, the altcoin season emerged, and with favorable conditions like the incoming new SEC chair, altcoins are expected to maintain positive momentum in the short term.
[Research Marketing]
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