Do you remember the frenzy of altcoins in 2024? I recently dug up my notes from the beginning of the year, and I realized just how many top altcoins at the time promised sky-high gains. Looking back now, the market has given us a very realistic lesson.

Back then, OM was pushed to the moon by the RWA narrative, soaring from $0.04 to $4.60—an increase of nearly 9,500%. In the same period, MOG, this Ethereum meme coin, also surged by more than 5,000 times, and POPCAT on Solana even jumped from the bottom to $2.05. It seemed like every project was set to rewrite the story of wealth. But what about now? OM has fallen back from its peak, MOG has dropped to almost zero, and POPCAT has also shrunk to $0.07.

This is the real face of the crypto market. In the 2024 top altcoin rankings, AERO, representing the Base network, went through similar swings—falling by more than 30 percentage points from its peak. Those aggressive price predictions now look like a market joke. But then again, the core logic behind these projects (RWA, meme culture, Layer2 ecosystem) hasn’t changed. The key is when to enter and when to exit.