Topic: Major Cryptocurrency Events of 2024 (Read 176 times)

Of all that you have mentioned, i only don't go well with he first one, which i see as not being a perfect achievement in anyway because many are scammed through the process, there is nothing to use as a guarantee for all of these, but as for others mentioned, i think they are part of what encourages for more use of cryptocurrencies because of the way of their performances, unlike some of the play to earn Ton networks that are more disappointing.

It was mentioned, try and finish reading the whole post before commenting. My post wasn’t centered on Altcoins and token, rather it’s a recap of remarkable events that happened in 2024 concerning crypto. It seems you were in a hurry to reply on the TON Discussion. Next time READ COMPLETELY before you REPLY

Yup, you're not wrong. As someone that played a few of their mini-app games, I haven't used TON or any of those mini apps in a long time. Not sure 100% why but my values just didn't align much since their approach moved to pay-to-win and I think it has to do with TON itself because they announced their highest revenue year was 2024.

TON and it's ecosystem still have a future but parading it as an airdrop ecosystem won't do much go because farmers will just leave.

I still use telegram as I've done for years. Just not for farming or playing mini app games.

You're wrong about TON it's now available outside the Telegram ecosystem, including on some very popular platforms such as Sportsbet or Bitcasino (you can play with it there). In addition some exchanges are even offering transfers(deposits, withdrawals and transactions between accounts) along with markets dedicated to it, for USDT(Ton) (aka USDT on the TON network). So I think TON and its blockchain are expanding quite quickly up to now, Telegram being a messaging service widely used over the world.

Are you sure? I can see the mention to the bitcoin halving and the approvals of Bitcoin ETFs in the OP and it doesn't seem that he edited his post after you wrote your message:


As per some of the other events, I agree that they are not as important as the other main milestones achieved by Bitcoin, but they are interesting curiosities that it is good to mention so that they are not forgotten.

Very correct and the reason why most of the coins that are generated on the ton network through the telegram project have not done well in the market, The majority of them just achieved the general hype's around that development and have no real use to support their projects.


What I was expecting to see the ops mentioning as the major cryptocurrency event in 2024 is such events like the bitcoin halving and bitcoin ETF approvals, but none of that was mentioned by the ops in this topic since attention was given to altcoins and tokens.

You're right.

The popularity of the TON network rose due to the mini apps, the tap to earn airdrops and until now, they're still there. But I doubt if they can still boast the numbers that they've got before like 100M+ of users.

There's for sure a huge drop with that when most of these TG apps became a flop and when people realized that they have just became a milking cow for them.

I'm not saying anything bad against TON network, i'm just saying that it's popularity is due to TG mini apps.
Like it or not, i've not seen a single other use than buying those stars on TG for "pay to win" games

The TON network does not rely on telegram for activities or make the network grow. Telegram has only served as a medium through which TON blockchain project uses to carry our their airdrop campaigns. Before now many blockchains or crypto project do run airdrops on telegram its not like the TON network is the first to do that. Whether Telegram exist the TON blockchain will still run on another means.

This i must say is the truth. Its just annoying how they start with a legit project and pay those who participate in the airdrop then later on we start seeing lots of fake ones. You just cant tell if it is the same company or developers who made the real ones are still the owner of the fake ones. You know what am saying is very possible. They just put up more and more project in the pipeline with new names, new ideal and take investors money away. Anyway, it has happend in all divisions of cryptocurrency. Blackchain, Defi, memecoin, metaverse, NFT and a lot others.

You are the right the reason ton is still blooming is because of the telegram mini apps, and some of these mini apps are still affecting the growth reducing folks trust , due to the fact that TON stand for The open Network a lot of good for nothing projects has been migrating into it.

Some endup scamming folks all the name of airdrop, telling folks to make a certain transaction with Ton and telegram star , Ton is just there to keep adding to the growth of telegram, before one should make any investment in this they have to do research thoroughly before going into any form of investment.

Yes, but it is used on variety of dapps too. In my game I am playing with right now, I able to use ton to purchase inapps items for the game. Its not literally used for clickimg or any app but actual market usage of ton for the game. Its a nice collab though, plus the users on ton likely buy ton for the purpose of some expenses on airdrops. But if we summed it up, there are lots of people aiming for good airdrop on ton ecosystem gaming apps.

You might be sending a false information with this. The SEC has already approved Bitcoin ETFs as early as 2021. But these ETFs are based on futures products. What's approved in January of 2024 were Bitcoin spot ETFs. So, it's wrong to say that "Bitcoin-related ETFs" were approved in that "historic moment" of January 2024. You have to emphasize the word spot.


I think it isn't a verifiable fact that Elon owns either or both meme coins. "Unwavering support" sounds exaggerated.

I wonder how the growth of TON will be if there is no more telegram games because it has become very obvious that the popularity of TON now is 90% dependent on the telegram activities because I believe TON has been on a functional for long now but a lot of people only got to know it from just when those games were made available on telegram, perhaps those it mean that they have some kind of partner with those telegram games because if I'm mistaken almost all of them uses TON, however a lot of people will definitely have a doubt on the growth because if those telegram mini games are no longer available a lot of them could stop patronising them.

I'm just too holding firm on bitcoin that I'm not thrilled to other cryptocurrencies despites their speculations around the Crypto ecosystem.
I didn't participate in any of the tapping to earn in the telegram GameFi projects but then, I'd still acknowledge it that lot of these meme projects which were of good values has brought broader spikes in 2024. The various projects including the outbreak of bitcoin to $100,000 plus was amazing event history to be remembered in the crypto space.
While some of the potential coins had triggered more attentions and broader the adoption scalability, let's also hit it that there were some shit coins that tends to sabotage the potentials of the good coins because investors who invested on those shit coins actually transfered their negative experiences on the coin and was convinced that the Crypto market is likely to be shit too. Kudos to the surge of bitcoin and keeping the crypto market tidied which basically holds the faith of investors.

And that's what we call the hype, not sure where it started, but Ton suddenly exploded and becoming the next craze with tap2earn programs although it has slow down a bit as it might have been saturated very fast and only those who are early on this project won the game. However, in the casino side, there are a lot of platform running on top of Ton so for sure this will continue as gambling is a billion dollar business.

It's also worth to mentioned that it was first time in history of Bitcoin that we have a new all time high prior to the halving. It has never been done before so for me that is also a major events of 2024.

It is a nice recap though I still think that TON is only good because of those telegram mini games and as you have said, I also didn't see it in other platforms as well. I mainly saw it on telegram only even though there's a casino that uses telegram as their platform for their casino even though it's not a telegram mini games.

A recap of what happened to 2024, thanks for the list and too many things have happened for that year.

It was remarkable and historical because that's the first time that Bitcoin reached a lot of ATHs after each that has been met already. $100k was the price that many have hoped for.

And this is now opening the idea that there will be more to come soon for this year. We'll see that there will be more events to come that shall affect the market for this year and first of it when Trump gets into office.

TON seems to be only good for those telegram clicker mini games. I've not seen it used anywhere else in any serious matter.
I could be wrong tho, so would be happy if someone can prove me wrong.

The Year 2024 had a lot of significant moments. It was a year marked with ground breaking and challenging events that reshaped the cryptocurrency industry, From Bitcoin and Ethereum ETF approval to bitcoin crossing the psychological milestone of $100K.
The Crypto Space had a magnificent growth creating new paths and opportunities for the Future.
Here’s a list of some of the Major events in the past year;

Telegram and TON: Powering Communities with Tap to Earn


Telegram and the TON blockchain ecosystem experienced a surge in popularity through trading bots and Tap to Earn trends. It was a crazy SURGE.
This play to earn Telegram games or airdrops introduced millions of people to the crypto space.
Hamster Kombat, in particular, gathered 200 million players and 35 million YouTube subscribers, showcasing the potential of GameFi on TON.


Bitcoin and Ethereum ETFs Approved:
After years of waiting and anticipation, January 2024 marked a historic moment as the U.S. Securities and Exchange Commission (SEC) officially approved Bitcoin-related ETFs. This milestone not only captured the financial world’s attention but also set new records. By the end of the year, total Assets Under Management (AUM) for 11 Bitcoin ETFs surpassed $100 billion, a remarkable achievement.
Then later in July Ethereum ETFs was launched though it had a slower start, despite that the introduction of these ETFs created new opportunities for traditional investors to access crypto currency without directly owning coins. It also increased liquidity and bolstered confidence in the future of bitcoin and Ethereum marking a new phase for the cryptocurrency market.

Bitcoin Halving: Supply Reduction, Price Surge


Bitcoin halving event has always been a turning point in the cycle of bitcoin, 2024 was no different. In April 2024 the mining rewards were halved which led to a scarcity driven price surge. After the halving, bitcoin had a massive growth which led to the ATH of $107K reaffirming its position as the leading digital asset amidst market fluctuations.

Binance Change of Leadership: CZ Imprisoned:
Binance founder Changpeng zhao popularly known as CZ was charged with non compliance with anti-money laundering measures and sentenced to four months in prison which resulted to Binance paying a whopping sum of $4.32 billion fine including a personal fine of $50 million for CZ. And finally he was replaced by Richard Teng as CEO.
His arrest triggered a wave of withdrawals from the exchange which amounted to $1 billion in a short time causing bitcoin price to dip. He was released in September under the condition of internal reforms, wh highlighted regulatory challenges while reaffirming Binance’s resilience as a global trading giant.

Bitcoin Surpasses $100,000 Milestone

December 5, 2024 saw bitcoin make history by hitting and surpassing the $100,000 mark, fulfilling the long anticipated milestone.
This milestone showcased Bitcoin’s maturity and robust position in the global financial system. Factors such as rising institutional demand and progressive policies from major nations played key roles in this growth.

Trump Reelected: A National Bitcoin Reserve Plan
Donald Trump’s win at the presidential election and his ambition to create a national Bitcoin reserve sent shockwaves across the globe, having a positive influence on the cryptocurrency market.
His announcement to integrate bitcoin into long term financial strategies signaled a transformative shift in how governments view blockchain technology, opening a bold new chapter for the cryptocurrency mark.

Meme Coin Resurgence Fueled by Elon Musk:
Meme coins like Dogecoin (DOGE) and Pepe (PEPE) saw a resurgence in 2024, driven largely by Elon Musk’s unwavering support.
His constant mentions of Dogecoin and PEPE on his X account and his involvement in other related products boosted their popularity.
Despite the concerns of memecoins due to their high volatility, Risks and sustainability issues, they continue to attract investors and celebrity endorsements.

Solana Shines Amid Meme Coin Boom
Solana emerged as a top-performing blockchain, driven by its fast transactions, low fees, and strong decentralized application ecosystem. With 85% of its Q4 DEX transaction volume tied to meme coins, Solana solidified its status as a leading decentralized trading hub.
Pump.fun, a premier launchpad on Solana, enabled the creation of over 4 million new tokens, with more than 20,000 tokens launched daily. Several meme coins, such as BONK, WIF, and PENGU, achieved billion-dollar market caps after being listed on major exchanges.


Ethereum Retains Core Value Amid Challenges
While Bitcoin experienced historic highs, Ethereum faced some challenges, including reduced ETF inflows and tokenomic changes, increasing its supply. Despite these obstacles, Ethereum maintained its dominance in smart contract technology and stablecoin issuance, ensuring its relevance in the blockchain space.
Protocols like EigenLayer and Etherfi offered innovative solutions to Ethereum’s staking liquidity issues, with Etherfi capturing 59% of the restaking market. Yet, questions remain about whether these advancements are enough to retain long-term staker interest.



AI Meets Crypto: A Powerful Union

2024 saw AI and blockchain integration gain an explosive growth. With over $1 billion in investments and market capitalization for AI-related protocols rising from $5 billion to $60 billion, this trend captured widespread attention.
AI model training became a primary focus with projects like Akash and IO.net offering cost-effective GPU resources. Platforms like GenSyn and Prime Intellect optimized AI model training, while Bittensor stood out as a leader with a $3 billion market cap. Its innovative ecosystem fostered collaboration in decentralized AI development.
This also gave birth to powerful AI agents like Zerebro, Luna, AiXBT, and ai16z, transforming sectors ranging from finance to recruitment. Virtuals Protocol gained traction as a platform for building intelligent AI agents, driving a 60x surge in its token value within months.
The fusion of AI and crypto is a technological innovation reshaping industries, bringing both immense opportunities and formidable challenges.
Source: AZCOINER App news

 2024 gave us lots of ground breaking events, get ready for 2025: A lot more will HAPPEN.
Happy new year 🥳
Happy investments!