Only six cryptocurrencies among the top 20 by market capitalization have broken their previous highs this year, with BNB and TRX reaching new all-time highs in December.

BTC has repeatedly hit new highs this year, but has still failed to break through $100,000, and has continued for quite a long time; recently the market has begun to shift towards competitive altcoins, and many small and medium-sized coins that existed before the last bull market have seen exaggerated gains. However, for long-term holders, it is not necessarily profitable, as most coins have not exceeded their historical highs.

Taking the top 20 coins by market capitalization as an example, only 6 of them will reach new highs with Bitcoin by 2024. Two of them, TON and SUI, are emerging coins. Other major coins are years away from their historical highs, such as Ether (ETH), which has been three years since its peak. XRP, which rose more than 400% in 30 days, is also far from its historical high, which has been 7 years ago from now. 01928374656574839201

These significantly rising old coins, despite their popularity, may still be on the road to break-even for some long-term investors.

This article only has six currencies in the top 20 market capitalization breaking the previous high this year, BNB, TRX broke the historical high in December, first appeared in Chain News ABMedia.