CoinGecko: Meme Coin Is the No. 1 Trend in 2024, Solana Dominates

2024 officially marks the year of degens. Analyzing the web traffic data from CoinGecko reveals that meme coins have captured 31% of investors’ interest. This means that for every three users, one prefers DOGE and PEPE over BTC. Solana, which stores tokens such as BONK, WIF, POPCAT and PNUT, still dominates this field. Base is the runner-up with a meme coin market capitalization of $2.6 billion. Other cryptocurrency trends this year include AI (who would have thought), real-world assets (RWA), gaming, and Layer 2 solutions. Cats More Dogs, Memes More NFTs The wider ‘meme coin’ story accounts for 14.36% of CoinGecko users’ attention. Meme coin Solana was the fourth most hyped thing, taking 7.65% of attention, while meme coin Base slipped to the bottom of the list with 2.13%. It’s amazing that cats have beaten dogs and frogs - talking about humans’ best friends! While meme dog coins proudly have a market capitalization of $74 billion, tokens like POPCAT, MOG, PURR, and MEW have sparked curiosity among degens this year.

But not all investors are focused on speculative assets promising quick riches. The story of AI comes in second, followed by RWA and the Solana ecosystem in general. The Base, Sui, and TON networks have also attracted community attention, reflected in the performance of BASE, SUI, and TON tokens. Last year, the hottest topic was AI. The Solana ecosystem is also a trend, unlike Base, Sui, and TON which did not make it to the top 20. NFT is outdated - the novelty of owning a utility-less pixelated monkey portrait quickly faded away. In reality, 96% of NFTs are now ‘dead’. No transactions or social media activity. We are attracted and surprised (not really). DYOR! #Write2Win #Write&Earn $PEPE {spot}(PEPEUSDT)