Discover the resurgence of the top 3 cryptocurrencies in 2024 and explore if their growth will continue in 2025. Learn about the comebacks of Dogecoin, Ripple, and Hedera in the crypto market.
In 2024, the cryptocurrency market witnessed a remarkable comeback. The global market value in this sector surged from $1.8 trillion in January to $3.9 trillion by mid-December. This growth was largely driven by a 160% increase in the price of Bitcoin (BTC) throughout the year, which led to a wave of upward movement among altcoins, bringing some weaker projects back into investors’ focus. Dogecoin (DOGE) experienced one of the most prominent comebacks in 2024, with its price soaring over 350% from $0.081 in January to an annual peak of $0.466. Various factors, including the outcome of the US presidential elections and endorsements by Elon Musk, contributed to this surge.
