2024 is officially the year of the degens. CoinGecko’s traffic analysis revealed that meme coins captured 31% of investor interest. This means that every third user prefers DOGE and PEPE to BTC.
Solana, holding tokens like BONK, WIF, POPCAT, and PNUT, still dominates the sector. The foundation came in second place with a $2.6B meme market.
Other crypto trends this year include AI (you’d imagine), real-world assets (RWA), gaming, and Layer-2 solutions.
More Cats Than Dogs, Memes About NFTs
The wider ‘meme coin’ narrative took a 14.36% share of CoinGecko users’ attention. Solana meme coins were the fourth most popular item, capturing 7.65% of the spotlight, while Base meme coins fell further down the list at 2.13%.
Shockingly, cats have overtaken dogs and frogs—talk about man’s best friend! While canine meme coins boast a $74B market cap, tokens like POPCAT, MOG, PURR, and MEW piqued the interest of degens this year.
But not all investors go for speculative properties that promise quick riches. The AI narrative was a close second, followed by RWA and the Solana ecosystem in general. The Base, Sui, and TON networks have also attracted public attention, which can be seen in the BASE, SUI, and TON token operations.
Last year, the hottest topic was AI. The Solana ecosystem was also trending, unlike Base, Sui, and TON which were nowhere near the top 20. NFTs are falling out of fashion—the novelty of having a useless pixelated monkey image quickly wore off.
In fact, 96% of NFTs are now ‘dead.’ Empty trading and social media activity. We are appalled and surprised (not really).
WEPE Leads the Revolution in Democratizing Trade
Titans like PEPE have brought their owners huge profits this year. But the growing interest in meme coins is also reflected in the performance of new projects.
Namely, Pepe Unchained (PEPU), which recently raised $70M in a pre-sale, surged over 540% shortly after listing and became the single most visited token on CoinMarketCap.
Another fast moving project is Wall Street Pepe (WEPE). It is currently trading at $0.0003655 in pre-sale, close to the $36M milestone.
Wall Street Pepe is on the warpath against insider trading. Its mission is simple—to democratize crypto investing and equip the small fish with the knowledge needed to fight the whales and crush this bull run.
Early adopters can cap their WEPE at 36% APY to maximize potential returns. 27% of the total token supply is set aside for various rewards for the frog army, and another 38% for sales because this is the only way WEPE can replenish its dry degen legion.
The next price increase will happen in just hours, so there is no better time to join the WEPE mission. To buy WEPE, visit the presale website (beware of scams and use only official link!), connect your wallet, and pay with ETH, USDT, or bank card.
Meme Coins Prove Their Worth
CoinGecko’s report proves that meme coins are no longer overplayed, short-lived, and worthless—at least not all of them. Projects like Wall Street Pepe focus on education and community building, which transcends old narratives and makes it one of the best meme coins in 2024.
However, don’t take our word for it. DYOR, separate, and don’t fall into FOMO. Because if we’ve learned anything from past market cycles, it’s that a cold mind is the most valuable asset.
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