2024 is officially the year of degens. CoinGecko’s traffic analysis found that meme coins captured 31% of investor interest. This means that one in three users preferred DOGE and PEPE over BTC.
Solana, hosting tokens like BONK, WIF, POPCAT and PNUT, still dominates the industry. Base is runner-up with a market capitalization of $2.6 billion.
Other crypto trends this year include AI (who would have thought), real-world assets (RWA), gaming, and layer 2 solutions.
Cats rather than dogs, memes rather than NFTs
The broader narrative of “meme coins” captured 14.36% of CoinGecko users’ attention. Solana meme coins were the fourth most talked about thing, attracting 7.65% of the attention, while basic meme coins were at the bottom of the list with 2.13%.
Amazingly, cats have overthrown dogs and frogs: talk about man’s best friend! While dog meme coins boast a market capitalization of $74 billion, tokens like POPCAT, MOG, PURR, and MEW have piqued people’s curiosity this year.
But not all investors turn to speculative assets that promise quick wealth. The AI narrative comes in second, followed by RWA and the Solana ecosystem in general. The Base, Sui, and TON networks have also attracted attention from the community, which is reflected in the performance of the BASE, SUI, and TON tokens.
Last year, the hottest topic was AI. The Solana ecosystem was also trendy, unlike Base, Sui and TON which were far from being in the top 20. NFTs went out of fashion: the novelty of owning a useless pixelated monkey portrait quickly faded dissipated.
In fact, 96% of NFTs are now “dead.” Zero trading and social media activity. We are seduced and stunned (not really).
WEPE is leading a revolution to democratize commerce
Titans like PEPE have brought massive gains to their holders this year. But the increased interest in meme coins is also evident in the performance of new projects.
Namely, Pepe Unchained (PEPU), which recently earned $70 million in pre-sale, surged over 540% shortly after its listing and became the most visited token on CoinMarketCap.
Another project that is quickly becoming mainstream is Wall Street Pepe (WEPE). Currently selling at $0.0003655 in presale, it is approaching the $36 million mark.
Wall Street Pepe is on a crusade against insider trading. Its goal is simple: to democratize crypto investing and equip small fish with the knowledge to take on the whales and crush this bull run.
Early adopters can stake their WEPE at an APY of 36% to maximize potential returns. 27% of the total token supply is reserved for various frog army rewards, and another 38% for marketing, because only in this way can WEPE gather its thirsty degen legion.
The next price hike will happen in just a few hours, so there will be no better time to join WEPE’s mission. To buy WEPE, visit the presale site (beware of scams and only use the official link!), connect your wallet and pay with ETH, USDT or credit card.
Meme Coins Prove Their Worth
The 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 transcends the old narrative and makes it one of the best coins in 2024.
However, don’t take our word for it. DYOR, branch out and don’t fall for FOMO. Because if we’ve learned anything from past market cycles, it’s that a cool head is the most valuable asset.