The Best Cryptocurrency Projects of 2024: VIRTUAL Protocol (VIRTUAL) Takes the Crown with a 23079.2% Gain

This study analyzes the price performance of the 150 largest crypto assets by market capitalization on the Coingecko platform as of December 25, 2024

This study analyzes the price performance of the 150 largest crypto assets by market capitalization on the Coingecko platform as of December 25, 2024, and comprehensively examines the annual cryptocurrency market investment returns by comparing price changes on January 1, 2024 or the earliest available data date. To ensure the accuracy and reference value of the data, the study specifically excludes derivative assets such as stablecoins, wrapped tokens, anchored assets, pledged assets, and re-pledged assets.

What are the cryptocurrency projects with the biggest gains in 2024?

Virtuals Protocol (VIRTUAL) has become the best performing large-cap cryptocurrency in 2024 with an astonishing increase of 23,079.2%. The price of $VIRTUAL started at $0.01311 at the beginning of the year and remained below $0.20 for most of the time, but suddenly soared in the fourth quarter and reached a high of $3.04 on December 25. This strong rise was due to the viral spread of Virtuals Protocol's AI agent platform, which attracted a large number of cryptocurrency investors seeking dual investment opportunities in AI and Meme coins.

To put this into context, if an investor had invested $100 in $VIRTUAL on January 1 and held on to it until Christmas, they would have made a profit of $23,079.

Following closely behind is Brett (BRETT) , which has risen 14,784.6% to $0.145 as of December 25 since its launch at $0.0009766 on February 29, although it has retreated from its all-time high of $0.234 on December 1. Brett’s significant gains have made it the only Base chain meme coin to reach a market cap of $1 billion to date.

The third-largest meme coin project is Popcat (POPCAT) , which has risen from $0.007640 on January 1 to $0.8067 on December 25, a 10,459.0% increase. Although Popcat was launched at the end of last year and became one of the leading meme coins in the Solana ecosystem, its price did not break new highs until March of this year. Popcat became the first cat-themed meme coin to break $1 billion in market value on September 27 and maintained it for several months before falling back.

It is worth noting that 7 of the top 10 cryptocurrencies with the highest growth this year are meme coins . In addition to Brett and Popcat, other meme coins with outstanding performance include:

Another cat-themed token, Mog Coin (MOG), rose 6,051.0%;

AI-generated frog meme coin Turbo (TURBO) rose 3,036.0%;

The recently launched Pump.fun project Fartcoin and AI proxy investment fund ai16z rose 2,890.5% and 1,409.9% respectively;

and Pepe (PEPE) rose 1,400.6%.

Surpassing its performance during the meme coin craze in mid-2023, it has solidified its position as one of the major meme coins.

In addition to Memecoins, $OM and $AERO

In this meme-dominated year, $OM and $AERO also achieved significant gains. MANTRA (OM) ranked fourth with a year-round increase of 6,418.3%, with the price rising from $0.0584 on January 1 to $3.81 on December 25, becoming the best performing RWA investment project this year, with a return rate 9 times that of the second best RWA project Ondo Finance (ONDO).

At the same time, Base chain decentralized exchange Aerodrome Finance (AERO) ranked sixth, with an annual increase of 3,139.4%, from $0.0511 on January 1 to $1.66 on December 25, thanks to the popularity of Meme coins and the Base ecosystem driving the growth of on-chain transaction volume.

Bitcoin grew steadily, while Ethereum performed below expectations

Bitcoin (BTC) recorded a 133.8% gain in 2024, with the price steadily climbing from $42,208 on January 1 to $98,696 on December 25, matching the 162.5% gain in 2023. It ranks 39th among the 123 large-cap crypto assets analyzed, outperforming the remaining 84 cryptocurrencies. This means that, like last year