In 2024, memecoins have proven their strong attraction by capturing 31% of investors’ attention, far surpassing other technology trends such as artificial intelligence (AI). This represents nearly a fourfold increase compared to the previous year, when this topic only attracted 8.32% of interest, according to a report from CoinGecko.
Meme Coins Phenomenon: From Dog to Cat and More
Initially rising to prominence with dog-themed coins, memecoins have expanded this year to include tokens inspired by other animals and even famous characters.
Pump.fun platform, specializing in creating memecoins, has released nearly 5 million tokens exclusively on Solana, earning over 335 million USD in transaction fees.
Prominent memecoins trends in 2024 include:
Solana memecoins: 7,65%Base memecoins: 2,13%AI memecoins: 1,49%Cat-themed memecoins: 1,19%
Breakthrough Profit
With an average annual profit of 201%, memecoins have become the third highest profitable investment theme, far surpassing the average profit of 128% of the cryptocurrency market.
Meanwhile, AI-related tokens only achieved a negative 11.6% performance, largely due to a 39% decline in WLD from Worldcoin.
Competition Between Memecoins And AI
Although AI technology has been a hot topic in the blockchain community, by 2024, memecoins have surpassed AI in popularity.
AI-related topics account for 15.67% of attention, but low profitability makes this field lose points in the eyes of investors.
Other Notable Topics
Real assets (RWA) rise to third place with 8.64% interest, thanks to an impressive average profit of 1,755%. Decentralized infrastructure network (DePIN) has risen from 13th place to 8th, while GameFi has experienced a sharp decline, now accounting for only 3.72% of the market.
Solana And Base Shine
Blockchain ecosystems such as Solana and Base continue to attract significant attention.
Solana memecoins lead with 7.65%, while Base-related topics account for 4.87% market share, driven by the development of memecoins.
Conclusion: Emerging Investment Trends
The strong development of memecoins shows that investors are prioritizing speculative and cultural opportunities over traditional fundamental factors.
With outstanding profits, this field will continue to be a focus in the future, promoting competition in the cryptocurrency market in 2024.
DYOR! #Write2Win #Write&Earn $SHIB
{spot}(SHIBUSDT)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
