2024 is formally the 12 months of degens. CoinGecko visitors evaluation revealed that meme cash captured 31% of investor curiosity. This implies each third consumer 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.
Different crypto traits this 12 months embody AI (who would’ve thought), real-world belongings (RWA), gaming, and Layer-2 options.
Cats Over Canines, Memes Over NFTs
The broader ‘meme coin’ narrative took a 14.36% share of CoinGecko’s consumer consideration. Solana meme cash have been the fourth most-hyped factor, grabbing 7.65% of the highlight, whereas Base meme cash have been manner down the checklist with 2.13%.
Shockingly, cats have overthrown canines and frogs—speak about man’s finest pal! Whereas canine meme cash boast a $74B market cap, tokens like POPCAT, MOG, PURR, and MEW piqued degens’ curiosity this 12 months.
However not all buyers go for speculative belongings promising fast riches. The AI narrative was a detailed second, adopted by RWA and the Solana ecosystem on the whole. Base, Sui, and TON networks have additionally caught the group’s eye, which is mirrored in BASE, SUI, and TON token efficiency.
Final 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 style—the novelty of proudly owning a pixelated monkey portrait with no utility shortly wore off.
In actual fact, 96% of NFTs are actually ‘lifeless.’ Zero buying and selling and social media exercise. We’re appealed and flabbergasted (probably not).
WEPE Leads a Revolution to Democratize Buying and selling
Titans like PEPE introduced their holders huge good points this 12 months. However heightened curiosity in meme cash can be evident from the efficiency of latest tasks.
Specifically, Pepe Unchained (PEPU), which not too long ago netted $70M on presale, surged over 540% shortly after itemizing and have become the only most-visited token on CoinMarketCap.
One other mission that’s shortly going mainstream is Wall Avenue Pepe (WEPE). At present promoting at $0.0003655 on presale, it’s nearing the $36M milestone.
Wall Avenue Pepe is on a campaign towards insider buying and selling. Its purpose is straightforward—to democratize crypto investing and equip the small fish with data essential to go towards whales and crush this bull run.
Early adopters can stake their WEPE at a 36% APY to maximise potential returns. 27% of the overall 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 will probably be no higher time to affix WEPE’s mission. To purchase WEPE, go to the presale web site (pay attention to scams and solely use the official hyperlink!), join your pockets, and pay with ETH, USDT, or financial institution card.
Meme Cash Show Their Price
CoinGecko report proves that meme cash are not overhyped, short-lived, and ineffective—at the least not all of them. Initiatives like Wall Avenue Pepe give attention to schooling and group constructing, which transcends the outdated narrative and makes it considered one of one of the best meme cash in 2024.
Nonetheless, don’t take our phrase for it. DYOR, diversify, and don’t fall for FOMO. As a result of if we’ve realized something from previous market cycles, it’s {that a} chilly thoughts is probably the most useful asset.