Trends of 2024: Meme Coins and AI
Meme coins aren’t really my thing, but I still bought a few during the hype. Here’s a quick look at meme coins that set the tone in 2024:
$DOGE - Still a classic. Spent most of the year sleeping, but had a spike in spring. The real shock came in December 2024. Judging by the number of news articles, it’s clear that some big players are actively pushing DOGE and supporting its price growth.
$SHIB - Always tied to Elon Musk’s drama. When people liked Musk (February and March), SHIB rose. When they hated him in summer, SHIB dropped. Now Musk is buddies with Trump, and SHIB is climbing again.
$PEPE - A weak frog, in my opinion. Showed the usual pattern—spike in March, some stabilization, and then a sharp rise in December 2024. There’s been a small dip recently, but it’s still holding an upward trend.
WIF - Listed in March with a strong start but crashed in summer. It shot up again in December but has been sinking back down these past weeks. I still believe in it because I hold some of it. Gotta keep the faith! 🙂
HAMSTER - The disappointment of the year. It had an amazing start thanks to its tap-to-earn app, but crashed hard after reward distribution. As soon as people got their rewards, they dumped it. It had a tiny bump in November, but it’s mostly stuck at the bottom. A lost cause, in my view.
Other popular trends included AI-themed meme coins and cat-themed meme coins. Overall, meme coins dominated the crypto narrative in 2024, accounting for 30.67% of global investor interest, with DOGE alone taking up 14.36%. AI trends came in second with 12.58%.
What will dominate in 2025 is still unclear. For now, it’s all about the buzz from future U.S. President Trump and his loud, ever-changing statements about crypto. But it’s just talk for now. Everyone’s hoping for improvements, but I’m skeptical. Don’t expect miracles from Trump.
