O CoinMarketCapthe largest data aggregator in the field of cryptocurrencies, revealed this Wednesday (6) the results of the Crypto Prices 2024. In total, the awards consisted of 8 categories, in which 5 projects or nominated people were presented in each category.
The highlight was the prices “cryptocurrency of the year”, “memecoin of the year” It is “social influencer”.
In a video, the CMC emphasized that the year 2023 was difficult, despite the tremendous rise of Bitcoin. After all, while investors were still discouraged by FTX’s bankruptcy, the stablecoin USDC later lost parity against the dollar and regulatory pressure dogged the sector.
However, everything changed in the second half of the year, when rumors that BlackRock was trying to launch a Bitcoin ETF excited the market.
CoinMarketCap publishes cryptocurrencies of the year
In terms of projects, CoinMarketCap released 5 categories for users to vote in. Without further ado, we list the nominees for each award below, with the winners of each category in bold.
Cryptocurrency of the Year:
Ripple (XRP)
Solana (SOL)
Chain link (LINK)
Ethereum (ETH)
Ton coin (TON)
Although it is one of the projects most affected by FTX’s bankruptcy, Solana (SOL) managed to show a gain of 941% in 2023. SOL is currently one of the 5 largest cryptocurrencies on the market.
Memecoin of the year:
Pepe (PEPE)
Madam (LADIES)
Memecoin (MEME)
Bonk (BONK)
Ordi (ORDI)
Most Innovative NFT and Game Project:
Fade
Pudgy penguins
BendDAO (BEND)
Big time (BIG)
Immutable (IMX)
Most Innovative DeFi Project:
Uniswap (UNI)
Unibot (UNIBOT)
OwnLayer
Maker (MKR)
Friend.Tech
Most innovative L1/L2 cross-chain design:
Arbitration (ARB)
Axellar (AXL)
ZKSync era
Celestia (AUNT)
Apartments (APTOS)
In competitive categories, the first two prizes went to Bonkwho surfed the heights of Solana, and to the Pudgy penguins, a collection of 8,888 NFTs on the Ethereum network. The victory of Uniswap didn’t really come as a surprise. Meanwhile, the Celestiadespite being a new project, it surpassed its competitors.
CoinMarketCap reveals influencers of the year
Looking further at the categories people were involved in, the competition was so fierce that CoinMarketCap even distributed the biggest prize of the day among all the nominees.
Leader of the year:
Changpeng Zhao
Ryan Selkis
Vitalik Buterine
Brian Armstrong
Julia Leung
“The winner of the year is… everyone”revealed the CoinMarketCap presenter. “Our committee simply couldn’t choose a winner for this category because everyone has done so much for cryptocurrencies in different ways this year. So everyone is a winner.”
Social Influencer:
Look at chain
ZachXBT
CryptosRUs
Wendy O
The DeFi edge
Famous on-chain researcher, ZachXBT, is often cited by Livecoins in addition to his fraud charges in the cryptocurrency sector. Therefore, your victory is deserved considering the importance of your work.
Finally, there was the last category “Bridge Builder”, that is, aimed at companies that bridge the traditional financial system and the world of cryptocurrencies. The winner couldn’t be anyone else.
Bridge Builder:
Black rock
PayPal
Starbucks
Nike
Reddit
The full broadcast of the awards ceremony can be watched in full below, with commentary from Raoul Pal, a former Goldman Sachs man who fell in love with Bitcoin and other cryptocurrencies.
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
