What else is on the list?

Leading cryptocurrency price and data tracking platform CoinMarketCap has announced the winners of the first CMC crypto Awards event held in 2024.

According to a statement seen by CryptoPotatoAward categories include crypto of the Year, Bridge Builder of the Year, Memecoin of the Year, Social Influencer to Watch, crypto Leader of the Year, and Most Innovative Decentralized Finance (DeFi) Projects.

CMC reveals winners of 2024 awards event

The CMC crypto Awards 2024 honors extraordinary contributors, including products and projects, who have shaped the crypto and Web3 space over the past 12 months. The event will be streamed live on March 6 and prizes will be minted as non-fungible tokens (NFTs) on the ethereum blockchain, marking an immutable record of the winners' successes.

CoinMarketCap said the winners were selected after ten days of online voting, intense data analysis and discussions with a committee of experts.

Solana's native SOL token won the crypto of the Year award, while the world's largest asset manager BlackRock emerged as the Bridge Builder of the Year. The value of SOL has increased by triple digits annually, and BlackRock issued the largest spot bitcoin exchange-traded fund (ETF).

CoinMarketCap awarded the Meme Coin of the Year award to Bonk, a Solana-based asset that has gained over 5,800% in the last 12 months. The platform also recognized on-chain detective ZachXBT, who has flagged most of the exploits and suspicious activities on various blockchains, as the Social Influencer to Watch.

Five nominees win crypto Leader award

Additionally, the most innovative Layer1/Layer2/Cross-Chain project was awarded to Celestia, a modular data availability network that makes it easy for anyone to deploy their blockchain.

The winner of Most Innovative nft and Gaming Project was Pudgy Penguins, a line of digital collectibles that helps users unleash their inner child, while Uniswap, one of the largest decentralized exchanges, emerged as Most Innovative DeFi Project.

For the crypto Leader of the Year category, CoinMarketCap expressed difficulties in selecting a winner as all five nominees were found to have contributed a lot in different ways to the crypto sector. The winners are ethereum co-founder Vitalik Buterin, Binance founder Changpeng Zhao, Coinbase co-founder and CEO Brian Armstrong, Messari founder and CEO Ryan Selkis, and Securities and Exchange Commission CEO and Hong Kong Futures, Julia Leung.

“We are excited to make the CMC crypto Awards even bigger, and with the market looking so optimistic, it is exciting to imagine the stories we will celebrate next year,” said Jonathan Isaac, CMO of CoinMarketCap.

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