Meme currencies, AI, and RWA crypto tokens might prosper in 2024
In 2024, meme coins were the most successful sector, earning 2,400% gains.
Other profitable tales include AI tokens and RWA.
Meme coins WIF, BONK, BOME, AI tokens NEAR, FET, and RWA's ONDO and PENDLE provide buy-the-dip opportunities.
As the first half of 2024 ends, meme currencies, AI, and RWA dominate the news. According to Biteye researchers, the three industries were the most lucrative in 2024.
Most lucrative sector in H1 2024: meme coins
First half of 2024 saw the transition from value investment to meme coin “all-in” This progressive transition makes meme coins one of the most lucrative sectors compared to Layer 1, Gaming Finance, DeFi, Layer 2, Ethereum, Bitcoin, RWA, and AI.
On June 19, Brett (BRETT), Book of MEME (BOME), and Dog go to the moon (DOG) were among the top 10 meme coins by market capitalization.
BRETT had the largest return at 14,353% from its issue price, WIF soared over 933% YTD, and meme coin profitability is over 500 times that of DeFi, the least lucrative category.
Top meme currencies Dogwifhat (WIF), BOME, and Bonk (BONK) are down 2% to 4% in the 24-hour span and have market capitalizations of $625 million. Traders may “buy the dip” on the top three meme tokens before the next narrative shift.
2024 top-gaining sectors: AI, RWA tokens
Traders earned 213% in 2024 from RWA, the second most lucrative industry. RWA has made news, and BlackRock addressed it in H1 2024.
RWA temporarily led the three sectors in February 2024, but meme tokens and AI overtook it.
With 451% YTD gains, Ondo Finance (ONDO) leads the RWA story. ONDO, Pendle (PENDLE), and Mantra (OM) lost 3% to 6% of their value in the previous 24 hours. Traders may buy-the-dip on Thursday.
Investors gained almost 71% in AI. Top sector tokens Arkham (ARKM) rose 215% and AIOZ Network 192%. NEAR Protocol (NEAR), Fetch.ai (FET), and Internet Computer (ICP) prices are down 2%–5% in 24 hours. The three AI tokens allow traders to “buy the dip.”
