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As of early August 2024, the cryptocurrency market has experienced significant downturns, with 60% of the top 50 cryptocurrencies losing all profits since the beginning of the year. A recent analysis indicates that among the 30 tokens listed on Binance in 2024, 29 are currently in the red, reflecting substantial losses. The only exception is Jupiter’s native token, JUP, which has risen by 21.2% since its launch in January, achieving a fully diluted market value of $8 billion. This performance highlights a broader trend of declining values across the cryptocurrency sector in 2024.
The majority of tokens listed by Binance in 2024 have seen substantial declines, with 29 out of 30 tokens recording significant losses https://t.co/yEmYQa2vYS
JUST IN: 29 OF THE 30 TOKENS LISTED BY BINANCE IN 2024 ARE IN THE RED, WITH MOST SUFFERING SIGNIFICANT LOSSES, PER COIN98 ANALYTICS
Binance's 2024 Token Listings: A Year of Decline Except for Jupiter I know we are crashing, but of the 30 tokens listed by Binance in 2024, only Jupiter’s native token, JUP, has seen gains, rising 21.2% since its January launch and now holding a fully diluted value of 8 billion… https://t.co/EqZvUD211V