#2024币圈回顾从跌跌不休到一飞冲天哪些币种走出了逆袭之路
In 2024, the cryptocurrency market experienced a remarkable shift from a prolonged downturn to a strong rebound. At the beginning of the year, Bitcoin (BTC) performed outstandingly, with a price increase of more than 130% to about $73,000. However, other cryptocurrencies (altcoins) performed relatively flat during this period.
With the results of the US presidential election in November, market sentiment changed positively. Bitcoin prices soared to an all-time high of $93,450, a phenomenon known as the "Trump effect" mainly due to market expectations of the new government's cryptocurrency-friendly policies. This optimism also spread to other cryptocurrencies, driving the recovery of the altcoin market.
Ethereum (ETH) benefited from the launch of spot ETFs and its price rose significantly. Solana (SOL) recovered after experiencing early volatility thanks to the efforts of the core team. In addition, Ripple (XRP) and Dogecoin (DOGE) also performed well during this period. 
It is worth noting that meme coins also achieved remarkable growth in 2024. Driven by celebrity effects and social media, the market value of this type of cryptocurrency has grown from $20 billion at the beginning of the year to more than $120 billion. 
Looking ahead to 2025, analysts predict that altcoins may see stronger performance. Historical data shows that Bitcoin halving events usually drive the rise of the altcoin market in the following year. Therefore, investors are full of expectations for the upcoming altcoin peak season.