2024 is officially the year of degens. CoinGecko traffic analysis showed that meme coins attracted 31% of investor interest. This means that every third user preferred DOGE and PEPE to BTC.
Solana, which hosts tokens such as BONK, WIF, POPCAT and PNUT, continues to dominate the sector. Base ranks second with a meme coin market cap of $2.6 billion.
Other crypto trends this year include artificial intelligence (who would have thought), real world assets (RWA), gaming and layer 2 solutions.
Cats over dogs, memes over NFTs
The broader meme coin narrative attracted 14.36% of CoinGecko users’ attention. Solana meme coins were the fourth most popular item, gaining 7.65% of attention, while Base meme coins were much lower on the list with 2.13%.
Shockingly, cats have knocked down dogs and frogs – that’s man’s best friend! While dog meme coins boast a market capitalization of $74 billion, tokens like POPCAT, MOG, PURR, and MEW have piqued the curiosity of degens this year.
However, not all investors choose speculative assets that promise quick wealth. The AI narrative came in second place, followed by RWA and the Solana ecosystem in general. The Base, Sui and TON networks have also gained attention from the community, which is reflected in the performance of the BASE, SUI and TON tokens.
Last year, the hottest topic was artificial intelligence. The Solana ecosystem was also gaining ground, unlike Base, Sui, and TON, which didn’t even rank close to the top twenty. NFTs are out of fashion – the novelty of having a pixelated portrait of a monkey without any tool quickly wore off.
In fact, 96% NFTs they are now “dead”. No trading or activity on social media. We are delighted and stunned (not really).
WEPE is leading a revolution in the democratization of trade
Titans like PEPE have brought huge profits to their holders this year. However, the increased interest in meme coins is also evident in the implementation of fresh projects.
Namely, Pepe Unchained (PEPU), which recently earned $70 million in pre-sale, soon after listing on the stock exchange increased by over 540% and became the most visited token on CoinMarketCap.
Another project that is quickly gaining popularity is Invitation from Wall Street (WEPE). Currently selling for pre-order at $0.0003655, it is approaching the $36 million milestone.
Wall Street Pepe is on a crusade against insider trading. His goal is straightforward – to democratize cryptocurrency investing and equip the little fish with the knowledge they need to stand up to the whales and crush the bull run.
Early adopters can stake their WEPE at 36% APY to maximize potential profits. 27% of the total token supply is dedicated to the various Frog Army rewards, and another 38% to marketing, because this is the only way WEPE can gather its thirsty degen legion.
The next price augment will take place in just a few hours, so there’s no better time to join the WEPE mission. To purchase WEPE, visit the website pre-sale site (beware of scams and only utilize the official link!), connect your wallet and pay with ETH, USDT or bank card.
Meme coins prove their worth
CoinGecko Report proves that meme coins are no longer overrated, short-lived and useless – at least not all of them. Projects like Wall Street Pepe focus on education and community building, which goes beyond the senior narrative and makes it one of the best meme coins of 2024.
But don’t take our word for it. DYOR, diversify and don’t fall for FOMO. Because if we’ve learned anything from past market cycles, it’s that a chilly head is the most valuable asset.
