Stakezid-Crypto Economy's 10 Most Expensive Assets Per Unit In 2024

Stakzid Desk:

The world of cryptocurrency is ever-evolving, with new projects and tokens emerging regularly. However, some assets continue to stand out, not just for their technology or popularity but also for their jaw-dropping price per unit. In 2024, while market dynamics have shifted, a handful of crypto assets still dominate in terms of sheer unit cost. Here's a rundown of the 10 most expensive cryptocurrencies per unit this year.

1. Bitcoin (BTC)

• Price (March 2024): $67,000+
• Market Cap: Over $1.3 Trillion
• Why So Expensive?
  Bitcoin continues to be the gold standard of crypto. Its limited supply (21 million coins), high institutional adoption, and store-of-value status fuel its price dominance.

2. Yearn Finance (YFI)

• Price: $9,500+
• Market Cap: ~$300 Million
• Why So Expensive?
  YFI has a famously low supply (36,666 tokens), making each unit valuable. It remains a top DeFi player, automating yield farming strategies.

3. Maker (MKR)

• Price: $3,400+
• Market Cap: ~$3 Billion
• Why So Expensive?
  MakerDAO's MKR token plays a key role in governance and maintaining the DAI stablecoin ecosystem, with a relatively low circulating supply.

4. Bitcoin Cash ABC (XEC)

• Price: $1,200+
• Market Cap: ~$25 Billion
• Why So Expensive?
  A fork of Bitcoin Cash, it gained momentum this year with scalability improvements and increased merchant adoption.

5. PAX Gold (PAXG)

• Price: ~$2,200 (mirroring 1 oz of gold)
• Market Cap: ~$700 Million
• Why So Expensive?
  Each PAXG token is backed by one ounce of gold, making it a reliable crypto representation of physical gold’s value.

6. UMA (Universal Market Access)

• Price: $8,000+
• Market Cap: ~$500 Million
• Why So Expensive?
  UMA’s synthetic asset protocol has a limited token supply, and recent partnerships with institutional players have driven up the price.

7. Hive Dollar (HBD)

• Price: $5,000+
• Market Cap: ~$100 Million
• Why So Expensive?
  HBD has seen a massive price surge due to speculative interest and unique use cases in content creation rewards.

8. RUNE (Thorchain)

• Price: $25+ (high unit price given large supply reduction)
• Market Cap: ~$8 Billion
• Why So Expensive?
  After recent token burns and liquidity program upgrades, RUNE’s value has skyrocketed, with its cross-chain DeFi role being crucial.

9. Avalanche (AVAX-X)

• Price: $900+
• Market Cap: ~$30 Billion
• Why So Expensive?
  A new class of AVAX tokens with enhanced staking rewards and reduced supply has made them highly coveted.

10. Ethereum (ETH)

• Price: $4,000+
• Market Cap: Over $500 Billion
• Why So Expensive?
  Ethereum’s transition to proof-of-stake, reduced issuance after the Merge, and the growing Ethereum Layer-2 ecosystem continue to support its high price.

Final Thoughts

While price per unit doesn’t always reflect a cryptocurrency's real-world utility or overall market dominance, these assets show how scarcity, demand, and innovative use cases can push valuations to incredible heights. As 2024 unfolds, expect shifts in the rankings, but one thing is certain—crypto’s most expensive assets remain a focal point for investors and enthusiasts alike.