CryptoRank analysts named the tokens that grew by more than 108% in February

Analysts of the digital asset industry CryptoRank have summarized the results of the cryptocurrency market in February 2024. Experts noted that the industry’s monthly performance has grown significantly. They assured that February was the best month for the industry since the end of 2020.

According to experts, the bullish growth was triggered by the increase in bitcoin quotes BTC $61,844.71 Bitcoin -0.86% Market capitalization $1.22 trillion VOL. 24 hours $0.51 billion . The value of the digital coin jumped by 44%. Ethereum ETH $2,394.59 Bridged Ether (StarkGate) -0.94% Market capitalization $0.18 billion VOL. 24 hours $0.25 billion and other altcoins have also soared in price. Crypto experts noted that only a few virtual coins ended the month in the red.

Worldcoin (WLD) was among the top 5 best performing crypto assets on the list, with its quotes jumping by 242%. In turn, Arweave (AR) soared by 236.6%, Pepe (PEPE) and Fetch. ai (FET) by 127.4%. Finally, Flare (FLR) gained 108.4% in February.

We would like to remind you that over the past few days, the BTC rate has soared from $ 51,000 to $ 64,000. Afterward, the price of the coin slightly adjusted. As of February 29, 2024, the flagship digital coin is trading slightly around $ 61,300.

In addition, the quotes of the leading meme cryptocurrencies have increased significantly in the last 24 hours. For example, Dogecoin DOGE $0.11 Binance-Peg Dogecoin -1.57% Market capitalization $0.2 billion VOL. 24 hours $44.64 million has risen to 9th place in the top ranking, having made a breakthrough of 38%. The digital coin’s market capitalization exceeded $ 18.8 billion.

CryptoRank emphasized that despite the rapid growth, DOGE is trading more than 80% cheaper than its historical price high. Other meme cryptocurrencies have also jumped significantly in price. Shiba Inu SHIB $0.00001709 Shiba Inu -2.23% Market capitalization $10.05 billion VOL. 24 hours $53.85 million became more expensive by 23.5%, and Bonk (BONK) added more than 50%.