2024 is formally the 12 months of degens. CoinGecko site visitors evaluation revealed that meme cash captured 31% of investor curiosity. This means each third person favored DOGE and PEPE over BTC.
Solana, internet hosting tokens like BONK, WIF, POPCAT, and PNUT, nonetheless dominates the sector. Base is a runner-up with a $2.6B meme coin market cap.
Other crypto developments this 12 months embrace AI (who would’ve thought), real-world property (RWA), gaming, and Layer-2 options.
Cats Over Dogs, Memes Over NFTs
The broader ‘meme coin’ narrative took a 14.36% share of CoinGecko’s person consideration. Solana meme cash had been the fourth most-hyped factor, grabbing 7.65% of the highlight, whereas Base meme cash had been approach down the checklist with 2.13%.
Shockingly, cats have overthrown canine and frogs—discuss man’s greatest buddy! While canine meme cash boast a $74B market cap, tokens like POPCAT, MOG, PURR, and MEW piqued degens’ curiosity this 12 months.
But not all traders go for speculative property promising fast riches. The AI narrative was an in depth second, adopted by RWA and the Solana ecosystem in basic. Base, Sui, and TON networks have additionally caught the neighborhood’s eye, which is mirrored in BASE, SUI, and TON token efficiency.
Last 12 months, the most well liked subject was AI. The Solana ecosystem was additionally trending, not like Base, Sui, and TON that got here nowhere near the highest 20. NFTs fell out of vogue—the novelty of proudly owning a pixelated monkey portrait with no utility rapidly wore off.
In truth, 96% of NFTs are actually ‘dead.’ Zero buying and selling and social media exercise. We’re appealed and flabbergasted (probably not).
WEPE Leads a Revolution to Democratize Trading
Titans like PEPE introduced their holders huge good points this 12 months. But heightened curiosity in meme cash can be evident from the efficiency of latest tasks.
Namely, Pepe Unchained (PEPU), which not too long ago netted $70M on presale, surged over 540% shortly after itemizing and have become the one most-visited token on CoinMarketCap.
Another venture that’s rapidly going mainstream is Wall Street Pepe (WEPE). Currently promoting at $0.0003655 on presale, it’s nearing the $36M milestone.
Wall Street Pepe is on a campaign in opposition to insider buying and selling. Its objective is easy—to democratize crypto investing and equip the small fish with data essential to go in opposition to whales and crush this bull run.
Early adopters can stake their WEPE at a 36% APY to maximise potential returns. 27% of the entire token provide is put aside for varied frog military rewards, and one other 38% for advertising and marketing as a result of solely this manner can WEPE assemble its thirsty degen legion.
The subsequent value uptick will occur in mere hours, so there shall be no higher time to affix WEPE’s mission. To purchase WEPE, go to the presale website (concentrate on scams and solely use the official hyperlink!), join your pockets, and pay with ETH, USDT, or financial institution card.
Meme Coins Prove Their Worth
CoinGecko report proves that meme cash are not overhyped, short-lived, and ineffective—at the least not all of them. Projects like Wall Street Pepe concentrate on training and neighborhood constructing, which transcends the outdated narrative and makes it one among the best meme coins in 2024.
However, don’t take our phrase for it. DYOR, diversify, and don’t fall for FOMO. Because if we’ve realized something from previous market cycles, it’s {that a} chilly thoughts is probably the most useful asset.