2024 is formally the yr 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 developments this yr embrace AI (who would’ve thought), real-world property (RWA), gaming, and Layer-2 options.
Cats Over Canine, 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 record with 2.13%.
Shockingly, cats have overthrown canine and frogs—speak about man’s finest good friend! Whereas canine meme cash boast a $74B market cap, tokens like POPCAT, MOG, PURR, and MEW piqued degens’ curiosity this yr.
However not all buyers go for speculative property promising fast riches. The AI narrative was an in depth second, adopted by RWA and the Solana ecosystem normally. Base, Sui, and TON networks have additionally caught the neighborhood’s eye, which is mirrored in BASE, SUI, and TON token efficiency.
Final yr, the most popular matter was AI. The Solana ecosystem was additionally trending, in contrast to Base, Sui, and TON that got here nowhere near the highest 20. NFTs fell out of trend—the novelty of proudly owning a pixelated monkey portrait with no utility rapidly wore off.
In reality, 96% of NFTs at the moment are ‘useless.’ Zero buying and selling and social media exercise. We’re appealed and flabbergasted (not likely).
WEPE Leads a Revolution to Democratize Buying and selling
Titans like PEPE introduced their holders huge features this yr. However heightened curiosity in meme cash can also be evident from the efficiency of recent initiatives.
Particularly, Pepe Unchained (PEPU), which just lately 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 rapidly going mainstream is Wall Road Pepe (WEPE). Presently promoting at $0.0003655 on presale, it’s nearing the $36M milestone.
Wall Road 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 information 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 full 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 following worth uptick will occur in mere hours, so there will likely be no higher time to hitch 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 Value
CoinGecko report proves that meme cash are not overhyped, short-lived, and ineffective—at the very least not all of them. Initiatives like Wall Road Pepe concentrate on schooling and neighborhood constructing, which transcends the outdated narrative and makes it top-of-the-line meme cash in 2024.
Nevertheless, 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 essentially the most beneficial asset.
