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<ul><li>Bitcoin reaches new all-time highs in 2024, driven by ETF approval and Bitcoin halving.</li><li>Elon Musk&#39;s support boosts Dogecoin, keeping it among the top 20 meme coins by market cap.</li><li>GHOSTDAG protocol drives rapid, secure transactions, making it a standout in PoW coins.</li></ul>In 2024, Proof of Work (PoW) stands as a core basis on which most cryptos operate. Leading PoW coins continue to register significant gains throughout the year. Bitcoin (BTC), Dogecoin (DOGE), Bitcoin Cash (BCH), Litecoin (LTC), and Kaspa (KAS) have been seen as top performers in the market. These decentralized digital currencies, highly secure and resilient to a changing day-by-day market, show impressive performance gains.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfkPk99ag5GrtOR2eI1icMw5xLdk0aC1uN6VtN_DCZWobANn8BFsAEnaZzJ2M3EzeKz4nGW_aqKhS3LUr-ZgbfC525SkMeANZ8OOitEcry3Qzu4YMSEScCmTBYZjjOw7vmdbYpFt7JacQjIgR6RvwO4YLI?key&#61;3h4qgdQBWRW37caTY7atFQ" />Source: Image by <a href="https://www.coingecko.com/en/categories/proof-of-work-pow" rel="noopener noreferrer nofollow">CoinGecko</a>BitcoinBitcoin is topping the charts, registering new all-time highs in 2024 on the heels of important spot exchange-traded funds (ETFs) approval and a long-awaited <a href="https://cryptotale.org/sec-approaches-verdict-for-spot-bitcoin-etf-approval-whats-next/" rel="noopener noreferrer nofollow">Bitcoin halving event</a>. Further reducing the daily supply of new Bitcoins, this halving served to fuel bullish sentiment around Bitcoin. Meanwhile, many other people started believing that the fresh inflow of new investors through ETFs would keep the rally in its price going throughout the year.As of press time, BTC trades at $60,780, marking a 2.01% rise in the past 24 hours and a 3.40% increase over the last week. With a 24-hour trading volume of $37.8 billion, Bitcoin&#39;s market cap now stands at $1.2 trillionDogecoin<a href="https://cryptotale.org/dogecoin-shows-signs-of-recovery-after-market-decline/" rel="noopener noreferrer nofollow">Dogecoin</a> has also increased its price, remaining one of the top 20 meme coins by market cap. In 2024, Dogecoin&#39;s value has risen alongside the broader market, with potential new use cases, such as enabling Tesla purchases with DOGE, further boosting its appeal. Elon Musk&#39;s influence continues to play a significant role, with his hints at integrating DOGE into <a href="https://www.tesla.com/support/dogecoin" rel="noopener noreferrer nofollow">Tesla&#39;s payment</a> options driving optimism about the token&#39;s future.<a href="https://cryptotale.org/top-2024-pow-cryptos-btc-and-doge-dominate-market-gains/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Top 2024 PoW Cryptos: BTC and DOGE Dominate Market Gains

CryptoTale

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