Data: Only 42 Assets Outperformed BTC This Year, 11 of Top 15 Are Meme Coins

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September 18, 2024
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PANews Report: Signs of Market Bottom and Upcoming Opportunities

According to crypto analyst arndxt, the market is currently at the bottom, with low sentiment and signs of exhaustion. However, $BTC holders should remain optimistic as only 42 projects have outperformed Bitcoin this year, with 11 being meme coins.

Analyst predicts market momentum to begin accumulating in late September and October to be a strong period for the crypto industry. New opportunities are expected to arise with upcoming Token Generation Events (TGEs) and the emergence of truly valuable projects.

[Image Caption]: Data shows only 42 projects have outperformed BTC this year, with 11 of the top 15 being meme coins.

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