CryptoRank, a top-tier crypto research and analytics platform, presented the top gainers of Q3 2024 in eleven categories. ‘Currency’ and ‘Chain’ led with 55.21% and 26.83% dominance, respectively. ‘Stablecoin’ and ‘Meme’ followed with market caps of $172.99B and $55.94B, respectively. In fifth position was ‘DeFi’ with a market cap of $35.06B and 1.47% dominance, respectively.
The data showed that the bottom six categories of Q3’s top gainers, led by ‘Blockchain Infrastructure,’ also included ‘Blockchain Service,’ ‘CeFi,’ ‘GameFi,’ ‘Social,’ and ‘NFT.’ However, it confirmed that there were more losers than gainers when each category was analyzed individually.
CryptoRank ‘ranks’ the top Q3 crypto projects by categories
Top Gainers in Q3 2024 🔥
Discover the best performing projects of the past quarter. pic.twitter.com/bpT21XRMuG
— CryptoRank.io (@CryptoRank_io) October 1, 2024
CryptoRank unveiled the top-performing crypto projects in Q3 across 11 categories. The ‘Currency’ category led by the Bellscoin project (+360%) emerged as top overall with a YTD weighted average assets price change of +46%. In second place was the ‘Chain’ category led by Sui (+116.8%) with a YTD weighted average assets price increase of +29.4%. Third was the ‘Stablecoin’ category with a YTD weighted average assets price surge of +0.18%.
The Neiro memecoin (+24.78K%) topped the ‘Meme’ category with a YTD weighted average assets price surge of +578% and was in fourth place overall. ‘DeFi’ came in at position five, surging 53.1% in YTD weighted average assets price. Reef was the highest-gaining DeFi project, surging 250% YTD. In sixth place was the ‘Blockchain Infrastructure’ category with a negative weighted YTD price change (-0.75%), but its 24-hour trading volume gained 80% to $1.89B.
The ‘Blockchain Service’ category led by AI Companions (+544.9%) was seventh with a weighted average YTD price change of +68.8%. Coming in at eighth was the ‘CeFi’ category, led by Maple (+59.7%) with an average YTD price of +44.2%, and the ‘GameFi’ category was in ninth position, having surged 1,619% in average YTD price change. The ‘Social’ category led by UXLINK (+163%) claimed the tenth position with an average YTD price drop of 21.6%, although its 24-hour trading volume had gained 28.4% to $291.65M. And last place was the ‘NFT’ category led by Chronicle (+517.2%) with a weighted average price increase of 14.9%.
CryptoRank’s watchlist for the next big performers
The top five crypto projects appearing on CryptoRank’s watchlist radar as the next best performers in the last quarter of 2024 included Bittensor (TAO), Artificial Superintelligence Alliance (FET), Render (RENDER), SingularityNET (AGIX), and the Ocean Protocol (OCEAN).
The watchlist data showed that Bittensor had the most potential, with a market cap of $3.99B and $11.34B FDV, followed by ASA’s FET, with a market cap of $3.93B and $4.09B FDV. RENDER, AGIX, and OCEAN followed in that order, with market caps of $2.33B, $332M, and $228.61M and FDVs of $3.16B, $1,34B, and $932.5M, respectively.
CryptoRank’s data revealed that the 24-hour watchlist market cap had dropped 3.18% to $11.18B, while the watchlist volume was up 72.2% to $524.37M