Is Bitcoin The Best Christmas Present in 2024?

XMAS is almost here, and frantic gift givers are desperately searching for the best Christmas present in 2024 – but could it Bitcoin (BTC)?

This has been a great year for Bitcoin (BTC) Price Volume in 24h Price 7d and will only get better in 2025. BTC smashed through $106,000 on December 15, with eyes set firmly on the $120,000 as crypto markets look forward to a bullish 2025.

So, what are the top crypto coins to get before the Santa Clause Rally? 

Today, we want to tell you about a few coins that could outperform Bitcoin and if 

Bitcoin, and What Is A Santa Claus Rally? 

A Santa Claus Rally is defined as a rally that occurs in the last five trading days in December and the first two trading days in January.

Since 1969, the market has seen gains over that time frame 77% of the time.

Adding fuel to the rise are rumblings of president-elect Donald Trump pushing for a federal Bitcoin reserve and heavyweights like Riot Platforms and MicroStrategy dumping billions into BTC in recent weeks.

Driving this year’s meteoric rise is talk of president-elect Donald Trump establishing a federal Bitcoin reserve, alongside heavy stakes from companies like Riot Platforms and MicroStrategy, who’ve poured billions into the cryptocurrency.

Meanwhile, bullish U.S. policies are pushing bitcoin ETF inflows higher, forcing traditional financial players to craft digital asset strategies in the face of undeniable momentum.

99Bitcoin’s analysts point to price action suggesting a continuation of BTC’s steep climb—higher lows and a bull flag on the charts are clear signs. With demand rising as the holidays approach and big institutions piling in, bitcoin seems poised to break even more barriers. Traders now have $120,000 and beyond squarely in their sights.

Reminder: Santa rally second half of December is ordained pic.twitter.com/nm0BIQ8VjM

— Teddy (@TeddyRoosevalt) December 14, 2024

Now that we have that cleared up, here are the top 3 coins to benefit.

Best Crypto Coin to Gift #3 – Solana (SOL)

Here are some shocking stats Solana was able to accomplish this year:

• It’s the fastest blockchain at 1,500 tps
• It has flipped Ethereum and Tron in total economic value-locked
• The top Solana wallet Phantom has 7mil users
• An update called Firedancer is coming soon and will make it 1mil tps

According to crypto trader Benjamin Cowen, Solana is tracing Bitcoin pair patterns eerily similar to Ethereum’s historic moves against BTC. Speaking on Crypto Banter, Cowen pointed out the uncanny resemblance as the reason why SOL is stagnating. Other traders like Raoul Pal of Real Vision Finance and James Mullarney of Invest Answers expect SOL to break out soon.

DON’T MISS: These Meme Coins Could Create Life Changing Gains in 2025

Best Crypto Coin to Gift #2 – Sui Network (SUI)

If there were a token to be the “Solana” of this cycle, it would be Sui 

The top crypto narratives right now—write this down—are Real-world assets, AI, GameFi, BRC-20s, Meme Coins, SocialFi, and DePIN.

DePIN, or Decentralized Physical Infrastructure Networks.

Right now, the top blockchain for that is SUI.

As for apps on Sui, the best DePIN tokens are Chirp Wireless and Karrier One, the former of which we interviewed on the channel.

DISCOVER: The Top Altcoins to Buy in December 2024

Our Last Pick For #1 Has To Be … Drumroll … Bitcoin

Sure, we’re not reinventing the wheel, but one BTC is a good basis for any portfolio—if you can manage it. 

Last year, Fidelity’s Director of Global Macro, Jurrien Timmer, published a risk-reward analysis of various assets, including Bitcoin (BTC), and the results are shocking.

Where’s Bitcoin, you might ask?

It takes two images to get the scope of the chart. 

In a world that loves money printing, Bitcoin and crypto are alien assets that will see crypto continue to succeed.

Anyway, that’s all we got! The floor gets raised every time we make a new all-time high in crypto. That means if you’re reading this, you’re still early.

Happy holidays, and may your bags be merry and bright! 🎅

EXPLORE: Solana Surpasses Ethereum as Top Ecosystem for New Developers in 2024

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Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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