Bitcoin has dominated the cryptocurrency market this year, thanks to the launch of spot Bitcoin ETFs in January, pushing its price to nearly $100,000 with a 125% increase in 2024.
However, other cryptocurrencies, including XRP, Dogecoin, and Sui, have also been performing strongly, with some even surpassing Bitcoin’s gains.
XRP has risen 440% in the last 30 days, nearing $3 after being priced at $0.50 just a month ago. This jump is driven by optimism around the Trump administration and the potential for XRP to gain regulatory clarity. The possibility of an XRP spot ETF in 2025 also adds to investor excitement.
Once just a meme coin, Dogecoin has surged 180% in the past month and 366% this year, fueled by Elon Musk’s support and political buzz around a proposed Department of Government Efficiency. Despite the hype, Dogecoin remains a speculative investment.
Sui, a fast Layer 1 blockchain, has gained 371% this year, surpassing Solana in transaction speed. Its potential for growth is strong, with a planned gaming console set for 2025, aiming for mainstream adoption through easy-to-use blockchain gaming.
Sui is a solid long-term buy due to its innovative potential. XRP and Dogecoin, while seeing impressive short-term gains, are more speculative. As with all altcoins, risk is high, and the market could shift dramatically in 2025.
Biotech firm Synaptogenix has made an unexpected move into the crypto space, revealing its first acquisition of Bittensor (TAO) as part of a broader treasury diversification strategy.
Investor attention in the crypto market appears to be rotating toward a new mix of altcoins.
Ethereum (ETH) has gone down by 3% in the past 7 days as tensions in the Middle East have pulled down crypto prices. Despite the cease-fire between Iran and Israel brokered by President Donald Trump, only Bitcoin (BTC) seems to be receiving support from market participants as uncertainty prevails. However, despite this challenging environment, a […]
Trump Media & Technology Group (TMTG), the company behind Truth Social, is ramping up its entry into the crypto investment world.