2024 is officially the year of degens. CoinGecko traffic analysis revealed that meme coins captured 31% of investor interest. This means that one in three users preferred DOGE and PEPE over btc.
Solana, which hosts tokens such as BONK, WIF, POPCAT, and PNUT, still dominates the sector. Base is in second place with a meme coin market capitalization of $2.6 billion.
Other crypto trends this year include ai (who would have thought), real-world assets (RWA), gaming, and Layer 2 solutions.
Cats over dogs, memes over nfts
The broader 'meme coin' narrative garnered a 14.36% share of CoinGecko users' attention. Solana meme coins were the fourth most hyped thing, grabbing 7.65% of the attention, while Base meme coins were very low on the list at 2.13%.
Surprisingly, cats have overthrown dogs and frogs: we're talking about man's best friend! While dog meme coins boast a market capitalization of $74 billion, tokens like POPCAT, MOG, PURR, and MEW piqued the curiosity of degens this year. <img data-recalc-dims="1" decoding="async" class="aligncenter wp-image-358944" src="https://bitcoinist.com/wp-content/uploads/2024/12/Screenshot-2024-12-25-at-10-32-10-Most-Popular-crypto-Narratives-in-2024-CoinGecko.png?w=640&resize=700%2C400″ alt=”CoinGecko Top crypto Trends ” width=”700″ height=”400″ srcset=”https://bitcoinist.com/wp-content/uploads/2024/12/Screenshot-2024-12-25-at-10-32-10-Most-Popular-crypto-Narratives-in-2024-CoinGecko.png?w=891 891w, https://bitcoinist.com/wp-content/uploads/2024/12/Screenshot-2024-12-25-at-10-32-10-Most-Popular-crypto-Narratives-in-2024-CoinGecko.png?w=640 640w, https://bitcoinist.com/wp-content/uploads/2024/12/Screenshot-2024-12-25-at-10-32-10-Most-Popular-crypto-Narratives-in-2024-CoinGecko.png?w=768 768w, https://bitcoinist.com/wp-content/uploads/2024/12/Screenshot-2024-12-25-at-10-32-10-Most-Popular-crypto-Narratives-in-2024-CoinGecko.png?w=750 750w” sizes=”(max-width: 700px) 100vw, 700px”/>
But not all investors opt for speculative assets that promise quick riches. The ai narrative came in second, followed by RWA and the broader Solana ecosystem. The Base, Sui and TON networks have also attracted the attention of the community, which is reflected in the performance of the BASE, SUI and TON tokens.
Last year, the hottest topic was ai. Solana's ecosystem was also trending, unlike Base, Sui, and TON, which didn't make it anywhere near the top 20. nfts fell out of fashion: the novelty of owning a useless pixelated monkey portrait quickly wore off.
In fact, <a target="_blank" href="https://nftevening.com/are-nfts-dead-2024/” rel=”nofollow noopener” target=”_blank”>96% of nfts now they are 'dead'. Zero commercial and social media activity. We are appealed and flabbergasted (not really).
WEPE leads a revolution to democratize trade
Titans like PEPE brought huge profits to their holders this year. But the increased interest in meme coins is also evident in the performance of new projects.
Namely, Pepe Unchained (PEPU), which recently earned $70 million in pre-sales, surged over 540% shortly after going public and became the most visited token on CoinMarketCap.
Another project that is quickly becoming widespread is Wall Street Invitation (WEPE). It is currently selling for $0.0003655 in pre-sale and is approaching the $36 million mark.
Wall Street Pepe is on a crusade against insider trading. Their goal is simple: democratize cryptocurrency investing and arm the minnows with the knowledge needed to go against the whales and crush this bull run.
Early adopters can stake their WEPE at a 36% APY to maximize potential returns. 27% of the total token supply is reserved for various frog army rewards, and another 38% for marketing because only then will WEPE be able to gather its thirsty degen legion.
The next price increase will occur in just a few hours, so there will be no better time to join WEPE's mission. To purchase WEPE, visit the pre-sale website (be careful of scams and use only the official link!), connect your wallet and pay with eth, USDT or bank card.
Meme coins prove their value
<a target="_blank" href="https://www.coingecko.com/research/publications/most-popular-crypto-narratives” rel=”nofollow noopener” target=”_blank”>CoinGecko Report proves that meme coins are no longer overrated, short-lived or worthless, at least not all of them. Projects like Wall Street Pepe focus on education and community building, transcending the old narrative and making it one of the best meme coins in 2024.
However, don't take our word for it. DYOR, diversify and don't be fooled by FOMO. Because if we've learned anything from past market cycles, it's that a cool head is the most valuable asset.
