Virtuals Protocol (VIRTUAL) Emerged as the Highest Gainer Among Cryptocurrencies in Q4 2024

The last quarter of 2024 proved bullish for digital assets, driven by the victory of pro-crypto candidate Donald Trump in the 2024 US presidential elections.

The final quarter of 2024 saw digital property rally amid the victory of pro-crypto candidate Donald Trump within the 2024 US presidential elections. This development noticed Bitcoin (BTC) attain a record prime of $108,000. Among cryptocurrencies, Virtuals Protocol (VIRTUAL) emerged because the highest gainer over the past 90 days.

Data from CoinMarketCap reveals Virtuals Protocol surged by 8106% in Q4 2024. The AI and Metaverse platform gained traction with rising adoption of its AI-driven digital environments.

Trailing Virtuals, the Solana-based meme coin Fartcoin (FARTCOIN) recorded a 2191% achieve, reaching $1.45 and attaining a valuation of $1.45 billion. This positioned it forward of 939 firms listed on the Russell 3000 Index.

With a market cap of $1.45 billion, Fartcoin is now value greater than 939 firms within the Russell 3000 Index.https://t.co/l5IYmkf6Ih pic.twitter.com/h87kFQQSLP

Learn additionally: Fractal Analysis Suggests Bullish Altcoin Market in Coming Months

Other notable performers embrace Pudgy Penguins (PENGU), which gained 629%, and Hyperliquid (HYPE), which rose by 627%. The Bitget Token (BGB) rounded out the highest 5 with a 511% achieve.

The second half of the highest 10 altcoins consists of Hedera (HBAR), SPX6900 (SPX), Stellar (XLM), XRP, and Curve DAO Token (CRV), with respective good points of 457%, 405%, 386%, 356%, and 277%.

Altcoin Market Analysis: 90-Day Gains and Key Trends

The weekly chart offered by TradingView beneath reveals that the altcoin rally is progressively selecting up tempo once more because the Relative Strength Index (RSI) reads a worth of 64.90 which suggests that the shopping for strain continues to be fairly excessive and the possibilities of the resumption of the uptrend are excessive. The gradient of the road additionally suggests upward momentum sooner or later.

The MACD indicator stays bullish with the MACD line persevering with its path above the sign line (purple). However, the depth of the MACD histogram has began to say no which suggests that the capital flowing into altcoins just isn't excessive sufficient.

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