Crypto Q1 Gainers: New Memecoins Dominated the Rally in Early 2024-Featured Image

Crypto Q1 Gainers: New Memecoins Dominated the Rally in Early 2024


As we wrap up the first quarter of 2024, the world of cryptocurrency has been nothing short of exhilarating. From groundbreaking ETF approvals to staggering price surges, the past three months have been a rollercoaster ride for investors. Among the standout performers, the memecoins topped the market with huge surges .

The quarter kicked off with a bang as Bitcoin (BTC) saw the long-awaited approval of its SPOT ETF on January 11, 2024. This milestone catapulted Bitcoin’s price to a record-breaking high of $73,756, marking a significant leap from its starting point of $42,261 at the beginning of the year. But while Bitcoin commanded attention, it was the memecoins and altcoins that truly stole the spotlight with their remarkable gains.

Advertisement

Top Crypto Gainers of Q1 2024:

Without a doubt, the stars of the show in the first quarter of 2024 were the memecoins. These quirky digital assets captivated investors with their explosive growth, leaving traditional cryptocurrencies in their wake. Let’s take a closer look at some of the standout performers:

1) Dogwifhat (WIF): Topping the charts with an astonishing gain of +3,104% in Q1 2024, Dogwifhat (WIF) made headlines across the crypto sphere. Since its launch on January 8, 2024, this memecoin has been on a relentless upward trajectory.

Dogwifhat-coin-price

As of the latest data, WIF is trading at $4.80, boasting a market capitalization of $4.79 billion and a staggering 476.22% gain in the past 30 days.


Advertisement

2) Mog Coin (MOG): Following closely behind, Mog Coin (MOG) soared by an impressive +1,748% in the first quarter. From trading at $0.00000004072 on January 1, MOG rallied to $0.0000012 by March 15, captivating investors with its meteoric rise.

mogcoin-price

At present, MOG is trading at $0.0000006976, with a market capitalization of $272 million.

3) Solidus Ai Tech (AITECH): In a market dominated by memecoins, Solidus Ai Tech (AITECH) secured the third spot among top gainers with a remarkable +1,685% surge. The rally in AITECH tokens was spurred by the soaring demand for AI-related assets, fueled further by the robust performance of AI tech giant NVIDIA.


aitech-coin-price
Source: Coinranking

As of now, AITECH is trading at $0.2816, boasting a market capitalization of $145 million.


In addition, iMe Lab (LAB) and Myro (MYRO) also delivered impressive returns of +1,673% and +1,433% respectively, according to data from Coinranking.

Advertisement

In conclusion. One thing is sure as we look ahead to the rest of 2024: the rise of memecoins is changing the story around cryptocurrencies and bringing in a new period of opportunity and excitement for investors all across the world.

Comments are closed.