Where Data Tells the Story
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This graphic shows the top 10 cryptocurrencies by their YTD return (as of Nov 17, 2024). Data was accessed via PinPoint Macro Analytics.
The original meme coin, Dogecoin, is currently the best performing crypto in 2024. Like many other cryptocurrencies, Dogecoin has seen a massive surge following Trump’s victory in the 2024 presidential election.
Many investors & speculators believe the incoming Trump administration will be crypto-friendly (e.g. his campaign accepted crypto donations). Another factor at play is Elon Musk’s growing role and influence in government.