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How Bitcoin and other cryptocurrency made a strong comeback in 2024

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How Bitcoin and other cryptocurrency made a strong comeback in 2024

As the year 2024 ends, here is a look at the performance of cryptocurrency, especially bitcoin, that turned fortune of the investors within days

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Crypto was not much known to a common man or small scale investors till the digital currencies in the basket, including the oldest and most-traded – bitcoin, broke all records to touch a new life-time high especially after Donald Trump’s win in the November 5, 2024 US Presidential election.

But before understanding about a strong comeback, let us understand what cryptocurrency is.

Cryptocurrency is a virtual or digital currency and is not in a physical coin or bill based. It can be used to buy goods and services and all the transactions take place online.

Cryptocurrency runs on the system of cryptography.

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However, before 2024, crypto was just a fringe sideshow for the investing public. Now, crypto assets like bitcoin can now be owned and traded by Americans like a stock.

What gave more boost to cryptocurrency is the assurance of major legislative changes by the incoming administration in Washington to support the industry.

Investors who were holding bitcoin are up 130 per cent since the beginning of the year as the price of the largest cryptocurrency broke all records and surged past $100,000 following Trump’s triumph in November 2024 presidential elections. As per Coinmarketcap, the market value of all crypto rose by nearly $1.7 trillion.

Another factor that helped crypto surge was the US SEC approving Bitcoin and Ethereum ETFs earlier in the year. Following this financial giants including BlackRock and Fidelity significantly increased their crypto investments.

It was because of this, bitcoin rallied earlier in the year too as it witnessed massive demand from newly launched spot bitcoin exchange-traded funds (ETFs).

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Also, enhanced blockchain infrastructure, with improved scalability and security features, attracted a host of new users.

Crypto’s upward movement began around the US Presidential election, when Trump promised to establish a crypto presidential advisory committee to draft robust regulations, enable individuals to mine bitcoin, allow self-custody of digital assets, and reduce government oversight.

He also proposed the idea of a strategic bitcoin reserve to position the US as the dominant “Bitcoin superpower.” The US President also proposed leveraging bitcoin reserves to reduce the US’ national debt.

Most of us associate with bitcoin when we hear about cryptocurrency, however, Pepe – a token inspired by the meme frog – emerged as the top performer with a market capatilisation surpassing $5 billion.

Pepe soared by a staggering 1,570.7 per cent, reaching a market cap of $9 billion.

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Similarly, SUI, the native token for the Sui blockchain, posted a remarkable 509 per cent gain. According to Forbes report, Dogecoin, a favorite among meme coin enthusiasts and promoted by Elon Musk, surged 333.1 per cent.

Meme coins including Dogecoin and Shiba Inu were among the major contributors to the expansion of the crypto market in 2024.

After a well performing 2024, market participants are positive about the cryptocurrency prospects for 2025 as the Trump-led administration returns to the White House.

Most of the analysts and experts see bitcoin to reach $200,000 by the end of 2025.

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Polymarket Targets Japan Market Entry, Appoints Representative in Push for 2030 Approval

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Polymarket Targets Japan Market Entry, Appoints Representative in Push for 2030 Approval

Key Takeaways

Japanese Market Entry With a Strong Lobby Push

Polymarket, the blockchain-based prediction market that hit its first $10 billion monthly trading volume in March 2026, is making a calculated push into one of Asia’s largest and most regulated financial markets. Bloomberg reported on May 22 that the company has appointed Mike Eidlin as its Japan representative and is preparing to lobby regulators and lawmakers for authorization to operate prediction markets locally, with approval targeted by 2030.

Image source: Bloomberg

Polymarket sees Japan as a large, untapped opportunity given that the country has one of Asia’s most developed retail investor bases and a strong appetite for speculative trading products. Prediction markets, however, currently sit in a legal grey area in Japan (neither explicitly authorized nor outright banned), meaning any formal operation at scale would require either a new regulatory category or a legislative amendment.

Japan has long been a bellwether for crypto regulation in Asia. Following the 2014 collapse of Mt. Gox, it was among the first countries in the world to implement a formal licensing framework for crypto exchanges, requiring all platforms to register with the Financial Services Agency (FSA). And, while that framework has expanded steadily, it has not yet addressed prediction markets as a distinct product class.

Polymarket Bets on Japan After $10B Trading Month

The 2030 approval timeline is deliberate because Japan’s regulatory process is, by any measure, extremely meticulous, and any new product categories, especially those tied to decentralized finance ( DeFi) infrastructure and crypto-collateralized markets, typically require extended review periods (sometimes extending into years).

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Polymarket’s decision to appoint a representative now and begin lobbying early signals that the company is treating Japan as a long-term institutional project rather than an opportunistic expansion.

The move follows a string of platform milestones that have significantly raised Polymarket’s profile recently. Earlier this year, it received Commodity Futures Trading Commission (CFTC) authorization to operate as a designated contract market (DCM) in the U.S., a milestone that allowed it to launch perpetual futures trading.

Subsequently, in April, it introduced Polymarket USD, a new stablecoin that replaced bridged USDC.e as its primary collateral, alongside a smart contract infrastructure upgrade that cut gas fees.

Behind these offerings, the platform drew 678,342 unique users in April alone, more than eight times the implied user base of rival Kalshi. It has also been in talks to raise $400 million at a $15 billion valuation, reflecting broader investor confidence in the prediction market sector’s commercial potential.

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New Cryptocurrency Pepeto Takes $10 Million as Solana Drops and Cardano Stays 92% Below Its Peak

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New Cryptocurrency Pepeto Takes  Million as Solana Drops and Cardano Stays 92% Below Its Peak

The Senate Banking Committee passed the Clarity Act in a 15 to 9 vote, giving crypto its first real regulatory framework from Washington. Bitcoin jumped to $82,000 on the news before dropping to $77,800, but the new cryptocurrency pulling the most capital right now is not on any major exchange yet. Pepeto https://pepetocoin.com/ has collected more than $10 million in a presale led by the same person who created the original Pepe coin, and the approaching Binance listing is where early wallets plan to collect.

New Cryptocurrency Interest Grows as the Clarity Act Clears Its First Senate Hurdle

The Clarity Act passed the Senate Banking Committee on May 14 in a bipartisan 15 to 9 vote, according to CNBC, marking the first wide ranging crypto regulation bill to clear a Senate panel. Bitcoin hit $82,000 on the vote before inflation data sent it down to $77,800, triggering $580 million in liquidations across crypto, as CoinDesk reported. The new cryptocurrency space benefits because the bill splits oversight between the SEC and CFTC, which clears the fog that kept serious capital on the sidelines.

Where Regulation Meets the Presale Entry That SOL and ADA Cannot Match

Pepeto: The Trading Hub That Protects Capital While Large Caps Bleed

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Speed decides everything in crypto, and a single candle can turn a winning position into a loss before most wallets notice. Tokens that climbed 10% on the Clarity Act vote gave it all back within hours when the inflation numbers landed. Wallets without the right tools to check what they are buying or move fast enough between chains end up watching others profit.

That exact gap is where Pepeto https://pepetocoin.com/ sits, and the trading hub fills it for every wallet that enters. This is not a project waiting to go live. Every tool runs today. Worried about a contract that could drain capital? The risk scorer reads the code and flags danger before a single token leaves. Need to transfer assets across chains without bridge fees? The cross chain bridge moves them at zero cost, so every dollar arrives whole.

The trading hub is shaped for speed and clarity at every level, and the cofounder behind the original Pepe coin built this from the ground up while SolidProof completed a full audit on every contract to make sure the money inside stays protected. Staking earns 172% APY while the listing draws closer.

Analysts project this new cryptocurrency at 100x to 300x from its presale entry of $0.0000001871, and that ceiling sits far above anything Solana or Cardano can offer from their current levels. More than $10 million in committed capital already sits in the presale, and the approaching Binance listing is what turns those positions into gains. That listing ends the presale permanently, and every day outside costs ground to the wallets already inside.

https://www.youtube.com/watch?v=gPX8yXeLk00

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Solana (SOL)

SOL trades at $87.26 after dropping 5% in a single session following the inflation selloff, according to CoinMarketCap. Goldman Sachs exited its Solana ETF position in Q1 2026, and even with the Firedancer upgrade moving forward, the $293 peak sits 71% above current levels. That math gives roughly 3.5x, which makes SOL a recovery play but not the new cryptocurrency entry that changes a portfolio.

Cardano (ADA)

ADA sits at $0.25 with a market cap that has barely moved since early 2026, according to CoinMarketCap. The chain remains 92% off its $3.10 peak, and no DEX on Cardano competes with the volume top exchanges handle. Even a return to $1 delivers roughly 4x, which is steady recovery but cannot compete with the multiplier a presale entry offers.

The Verdict

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The Clarity Act gives every new cryptocurrency a clearer path, and Bitcoin’s jump to $82,000 proved the market agrees. But the biggest returns never come from large caps that already ran. Analysts project Pepeto at 100x to 300x, and that number stays on the table while the presale remains open. Every cycle produces winners who entered during fear and collected during recovery, and the $10 million committed to Pepeto while the market dropped follows that same pattern. The Pepeto official website shows the window is still open, and the wallets entering now will be the ones everyone reads about when the listing hits.

Click To Visit Pepeto Website To Enter The Presale: https://pepetocoin.com/

FAQs

Is a new cryptocurrency like Pepeto safe to enter?

SolidProof audited every contract and the same person who built the original Pepe coin leads this project. More than $10 million committed in a bearish market confirms the conviction behind it.

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Which new cryptocurrency gains most from the Clarity Act?

Pepeto’s approaching Binance listing and working tools position it as the new cryptocurrency set to benefit most as clearer regulation pulls fresh capital into presales.

How does Pepeto compare to SOL and ADA for returns?

SOL offers roughly 3.5x to its peak and ADA about 4x from here. The Pepeto official website shows a presale entry where analysts project 100x to 300x returns from the current price.

Disclaimer:

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The material presented here is for informational purposes only and does not represent financial advice. Cryptocurrency investments involve high levels of volatility and risk, including the potential loss of your initial investment. Always consult a licensed advisor or conduct independent research.

Contact: Dani Bonocci

Website: https://www.tokenwire.io

Phone: +971586738991

SOURCE: Pepeto

Press release distribution

This release was published on openPR.

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Community Is King: Why Wadoozie Is Ditching Online Hype for Real-World Participation

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Community Is King: Why Wadoozie Is Ditching Online Hype for Real-World Participation

This episode features two guests from the Wadoozie team. The project is led by Mr. Wadoozie, Senior Internet Architect Engineer of Software, who brings more than a decade of experience in the cryptocurrency industry. He is joined on this episode by Tay, Operations Manager, who has a background in marketing and management and has run operations for multiple crypto projects.

The token launches with a roughly one billion effective supply (two billion minted, 999,999,999 burned at launch), 0% buy/sell tax, a DAO-governed locked liquidity pool, and a renounced contract — every parameter publicly verifiable on Etherscan and audited by CertiK.

At the center is Wadoozie himself: a returning signal that takes a character’s form, traveling the country by tour bus to “activate” each state as a node in a fractured cultural network the mythology calls The Feed. The mission is structured as eight narrative Acts opening with the Austin Flagship and closing back in New Orleans, with seven Flagship cities — Austin, Los Angeles, Las Vegas, Chicago, NYC, Miami, and Nashville — anchoring the arc across roughly four and a half months. After the 48 states wrap, the network expands to Europe.

About Our Guests

Mr. Wadoozie is the Senior Internet Architect Engineer of Software on the project, with more than a decade of experience in the cryptocurrency industry. He sits at the center of the mission — the returning signal that takes a character’s form, traveling the country by tour bus to activate each U.S. state as a node in a fractured cultural network the mythology calls The Feed.

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Tay is the Operations Manager at Wadoozie, with a background in marketing and management and prior operations experience across multiple crypto projects. Tay runs the @wadoozie X account and sets the public voice of the mission as the network activates one state at a time. On this episode Tay represents the operational side of the project — the people moving the bus, dropping the Signal Fragments, and building out the Publishers Network across the 48-state route.

To learn more about the project visit Wadoozie.com, and follow the team on X, Telegram or Discord.


The Bitcoin.com News podcast features interviews with the most interesting leaders, founders and investors in the world of Cryptocurrency, Decentralized Finance ( DeFi), NFTs and the Metaverse. Follow us on iTunes or Spotify.


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