The price of Bitcoin has grown 54% since the start of 2024, and only six altcoins from the top 50 have done any better.
Only six altcoins among the top 50 tokens by market cap have managed to outperform Bitcoin (BTC) so far this year, asBitcoin dominance reached a three-year high over the weekend.
The memecoin Dogecoin (DOGE) stands as the best-performing altcoin in the top 50, having posted year-to-date gains of just over 77% — climbing from $0.09 on Jan. 1 to $0.15 at the time of publication, per TradingView data.
Included in the remaining outperformers are fellow memecoin Shiba Inu (SHIB), Bitcoin smart contract network Stacks (STX), Binance’s BNB (BNB), Ethereum layer-2 network Mantle (MNT, and GPU-sharing blockchain network Render (RNDR).