According to one study, meme coins will account for 31% of cryptocurrency topics by 2024. report By CoinGecko.
This represents almost 4x growth compared to last year, when this theme satisfied only 8.32% of investors out of 25 stories.
The rise of meme coins was initially sparked by dog-themed coins, but expanded into new areas in 2024, including animal- and human-themed tokens.
According to the report, this trend highlights investors’ appetite for speculative opportunities that prioritize cultural virality over traditional fundamentals.
memecoin launchpool Pump.fun can be used as a proxy for the success of these tokens. According to Dune Analytics, nearly 5 million new meme coins were introduced on Solana alone this year, and the platform earned more than $335 million in fees. dashboard By user evelyn223.
The leading meme coin story took the top spot among cryptocurrency stories, accounting for 14.36% of investor mindshare.
Also ranked in the top 20 are four meme coin trends: Solana meme coin (7.65%), Base meme coin (2.13%), AI meme coin (1.49%), and cat-themed meme coin (1.19%) I went in.
According to data According to Artemis, Memecoin became the third most profitable story in 2024, generating an average annual return of 201%. This gain beat the market average return of 128%.
Earn AI tokens
The growth of artificial intelligence (AI) technology this year has raised investor expectations for the intersection of AI and blockchain. As a result, it became a hot trend within the cryptocurrency community, garnering 15.67% of mindshare across six stories.
The core AI ecosystem accounted for most of the popularity, recording the second highest overall popularity with a 12.58% share, an increase of 1.26% from last year.
AI-related trends such as AI agents (1.17%) and AI meme coins (1.49%) further contributed to the growing influence of the technology in cryptocurrencies.
Nevertheless, the meteoric coin sector’s meteoric rise in popularity has significantly outperformed this year, overshadowing the AI ​​story. moreover, AI Token’s performance this year was -11.6%, mainly due to World Coin’s WLD drawdown of 39%.
growing story
The real assets (RWA) story has gained momentum, rising to third place with a share of investor interest of 8.64%, up 2.16% from 2023.
Similarly, Decentralized Physical Infrastructure Network (DePIN) also moved up from 13th to 8th place, increasing its share by 1.56%.
In contrast, the buzz around blockchain gaming (GameFi) has declined, shrinking from a 10.49% share in 2023 to just 3.72% in 2024, reflecting waning interest in gaming-related blockchain applications. did.
The RWA sector recorded an average annual gain of 1,755%, primarily driven by a 6,520% rise in Mantra’s OM token. As a result, the average return of tokens in this sector has been inflated.
Meanwhile, DePIN tokens surged 30% over the same period, while gaming tokens had a negative average performance of 23.4%.
Solana and bass shine
The blockchain ecosystem also gained a lot of attention in 2024, with stories related to Solana and Base gaining traction, and meme coins playing a key role.
Solana’s narrative gained a total share of 14.30%, driven by Solana meme coin (7.65%) and broader ecosystem interest (5.78%).
The Base narrative totaled 4.87% and was powered by the Base ecosystem and Base meme coin.
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