As we reported at Kriptokoin.com , 2024 was quite eventful in the crypto world. So much so that, especially meme coins, left big projects like Bitcoin and Ethereum behind and made remarkable gains. In addition, the total market value of meme coins broke a record by exceeding $ 107 billion. However, Dogecoin was the biggest winner this year. Now, we will examine the 5 best performing cryptocurrency of this year and whether they are still worth investing in 2025.
First Cryptocurrency on the List: Dogecoin
Dogecoin provided incredible gains to its investors in 2024, reaching $0.4836 by the end of the year. However, it fell slightly towards the end of the year and settled at $0.30. However, according to technical analysis, Dogecoin currently appears to be forming a “bear flag” formation, suggesting the possibility of further declines.
However, if the price can test and hold the $0.2276 support, Dogecoin could rally back to $0.4835. More importantly, Elon Musk’s speculations on Dogecoin reserves could further accelerate this rally. Therefore, Dogecoin has a high potential to test its all-time high of $0.7597 in 2025.
Ripple (XRP)
XRP has been performing impressively throughout 2024. It has gained momentum, especially in the last quarter of the year. Moreover, according to technical analysis, XRP is forming a formation called a “bullish pennant.” This formation usually signals an upward breakout.
Ripple has significant upsides for 2025. For example, Gary Gensler’s resignation and the growth of XRP’s RLUSD stablecoin could positively impact the XRP price. Also, a potential ETF approval could mean more growth for XRP. All of these factors point to XRP being able to move higher in 2025.
Cryptocurrency in the 3rd Place of the List: Tron
Tron attracted attention by increasing its price to $ 0.4486 in 2024. The growth in its ecosystem was mainly due to meme coins and stablecoin transactions. Currently, the price is consolidated in an area close to the $ 0.2500 resistance level.
However, if Tron can break this level, the price is likely to surge by 77% and test previous highs, making Tron a very attractive option for long-term investors.
Binance Coin (BNB)
Binance Coin (BNB) has a solid technical structure. Moreover, it has managed to keep its price above important support levels in 2024. It has also formed a pattern called the “cup and handle”. This pattern usually signals a strong uptrend.
Therefore, BNB has a high potential to capitalize on this strong technical outlook and reach the $1,000 level in 2025. This will make Binance Coin particularly attractive to institutional investors.
Last Cryptocurrency on the List: Bitcoin
Bitcoin has once again peaked its performance with a 121% gain in 2024. The price has also managed to stay above the $73,700 level, indicating that the uptrend is continuing. Moreover, MicroStrategy’s Bitcoin purchases and Bitcoin ETF approvals were important factors supporting this rise.
Analysts predict that Bitcoin could test $200,000 in 2025. All this data makes it quite promising for investors who still see Bitcoin as a safe haven.
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