Bitcoin’s recent all-time highs, driven by market hopes and optimism that the new Donald Trump administration will take a pro-crypto stance and investor interest, has put the spotlight on the cryptocurrency sector once again. In the past 12 months, Bitcoin’s price has risen almost 153% and in November alone, when it nearly touched the $100,000 milestone, bitcoin has grown almost 37%.
Bitcoin’s rise and the overall bullish sentiment has revitalised the interest in some much smaller and cheaper altcoins, some of which can boast spectacular performances in the past 12 months and this November alone. Let’s take a look at several of them!
Dogecoin (up 391.19% in 12 months and 170.74% in 1 month)
In 2024, Dogecoin (DOGE) experienced a remarkable rebound, catching the attention of both crypto enthusiasts and skeptics. Initially known as a meme-coin, Dogecoin surged over 150% in November alone, reaching $0.3292, its highest level in months. This performance was fueled by a mix of technical advancements, social media buzz, mostly generated by Elon Musk’s continued promotion, and the overall bullish sentiment towards crypto.
Analysts have speculated about DOGE’s potential to hit $1, adding to the “fear of missing out” (FOMO) among investors. While this milestone remains uncertain, the buzz has driven significant short-term price activity. Despite its gains, Dogecoin faces challenges, including its high supply and reliance on market sentiment. With over 146 billion coins in circulation and no fixed cap, maintaining upward momentum requires sustained demand and utility improvements.
Stellar (up 331.54% in 12 months and 441.56% in 1 month)
In 2024, Stellar (XLM) emerged as a noteworthy performer in the cryptocurrency market, building upon its focus on cross-border payments and financial inclusivity. The year has seen Stellar maintain a steady growth trajectory, bolstered by key developments in its ecosystem, favourable market conditions and expanding partnerships with major financial institutions.
Looking ahead, analysts predict further growth for Stellar as it strengthens its role in connecting financial systems. Projections for 2025 suggest potential highs of $0.45-$0.51 if market conditions remain favorable, but competition in the blockchain space could introduce volatility.
Solana (up 320.93% in 12 months and 31.73% in 1 month)
In 2024, Solana (SOL) emerged as one of the standout performers in the cryptocurrency market, achieving significant milestones and showcasing resilience. After starting the year with steady gains, SOL reached a new all-time high of $264 in November. This surge was fueled by several key factors, including institutional interest via multiple ETF filings by major players like Bitwise and VanEck, the steady growth of its decentralised financial system, technological advances, market sentiment and regulatory optimism.
As Solana continues its upward trajectory, analysts predict even higher price targets, with potential peaks around $400 in the near future.
Cardano (up 156.82% in 12 months and 193.96% in 1 month)
In 2024, Cardano (ADA) demonstrated resilience and potential, positioning itself as one of the key players in the cryptocurrency market. The asset’s price has shown a steady upward trend, driven by the active efforts to expand its ecosystem, regular upgrades and the overall bullish trends in the cryptocurrency markets.
For 2025 analysts project gradual price increase, with some estimates suggesting a possible surge to $2 if bullish trends continue.
XRP (Ripple) (up 138.57% in 12 months and 180.37% in 1 month)
In 2024, XRP emerged as a top-performing cryptocurrency despite lingering regulatory uncertainties. Following Ripple’s partial victory over the U.S. Securities and Exchange Commission (SEC) in 2023, XRP regained investor confidence and ranked among the best performing tokens in the crypto market. It was fueled by Ripple’s expanded adoption of XRP for cross-border payments, increased trading volumes, and broader institutional interest. Ripple’s partnerships and the inclusion of XRP on major platforms like Robinhood also contributed to its strong momentum.
As for 2025, analysts predict further gains if favourable regulatory outcomes or broader crypto market recovery continues.
The data is valid as of Nov. 27, 2024 and is taken from CoinMarketCap.
Risk warning:
This article is for information purposes only. It does not post a buy or sell recommendation for any of the financial instruments herein analysed.
Deltastock assumes no responsibility for errors, inaccuracies or omissions in these materials, nor shall it be liable for damages arising out of any person’s reliance upon the information on this page.
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