"Don't look down on memecoin, even they can beat BTC you know."
Indeed, Bitcoin (BTC) dominates 53.1% of the cryptocurrency market, but Wu Blockchain revealed that over 23 digital assets including memecoins and utility tokens managed to outpace BTC in terms of year-to-date (YTD) returns.
Below is a list of the top cryptos that can beat BTC where the top three places are occupied by memecoin following a good climb from the beginning of the year especially memecoin Solana (SOL) which created a huge hype.
1. Dogwife (WIF)
WIF which is currently trading at $2.72 has generated the largest gain of approximately 2008.32% since its launch following having a market capitalization of over $2 billion and a trading volume of $874 million.
2. Pepe Coin (PEPE)
PEPE's best performance for May 2024 has caused a YTD increase of up to 975.65%, where it is currently priced at $0.00001241 with a market cap of $5.2 billion and a trading volume of $1.95 billion.
3. Floki Inu (FLOKI)
In addition to making good progress gaining 770.74% currently, the dog-based memecoin set an all-time high just three days ago at $0.0002733 and has a market capitalization of $2.6 billion.
4. JasmyCoin (JASMY)
JASMY which is a utility token has generated 558% in profit and aims to reach $4.99 in the long term even though its price is still at $0.03 with a market cap of over $1 billion.
5. Nervos Network (CKB)
Following the recovery in early May 2024, CKB which is at $0.01 with a market cap of over $696 million has gained 393% in YTD.
6. Pendle (PENDLE)
After setting an all-time high of $7.52 in April 2024, PENDLE currently trading at $5.49% has gained 387% making it a market cap of $856 million.
7. Arweave (AR)
The 331.7% generating AR price was trading at $37.44, but still 60% away from its all-time high target of $90.94. But if the rise continues, AR may reach that level by the end of the year.
8. Core (CORE)
CORE which is at $1.71 with a market cap of over $1 billion has reached the top ten cryptos and a 251% gain in just a few months.
9. Toncoin (TON)
With continued cooperation with Telegram, the price of TON which managed to gain 221% has created an all-time high of $7.78.
10. Fetch.ai (FET)
The growing demand for Artificial Intelligence (AI) has seen AI-based crypto FET at $1.72 gain 197% over the past few months.
