The most notable aspect of the cryptocurrency market in 2024 is meme coins. According to the latest report from CoinGecko, meme coins attracted nearly one-third of investors' attention globally this year, becoming the hottest topic of the year. In contrast, the previously popular AI tokens have dropped from last year's champion position to second place, but still maintain stable growth.
The meme coin craze is sweeping the market, capturing nearly one-third of investor attention.
The report indicates that from New Year's Day to 12/21, statistics from the CoinGecko website show that meme coin-related categories attracted nearly 31% of global investors' attention. This indicates that speculative tokens with high risk and high returns remain a focal point of market attention.
The meme coin craze occupies 15% of overall interest, an increase of more than 6 percentage points compared to 2023.
Meme coins on Solana have become the fourth hottest topic, accounting for 8% of the attention share.
Meme coins on Coinbase's Base rank 11th, accounting for over 2% of the share.
Other themes such as AI meme coins and cat-themed meme coins occupy 1.5% and 1.2% of attention respectively, ranking 15th and 16th.
Meme coin-related categories are emerging one after another. The market value of meme coins exceeds 100 billion USD, with Dogecoin and Shiba Inu leading the way.
The current market size of meme coins has reached 112.7 billion USD, with Dogecoin (DOGE) and Shiba Inu (SHIB) occupying first and second places with market values of 49 billion USD and 13.6 billion USD respectively.
Pepe the Frog (PEPE), as a classic comic character, ranks third with 7.9 billion. Others like Dogecoin (BONK) and Fat Penguin (PENGU) from the Solana ecosystem have also surged into the top five among many meme coins. Although meme coin prices are highly volatile, some projects may just be scams, their high-risk, high-reward nature still attracts many speculators.
The meme market continues to expand! The popularity of AI tokens is declining but performance remains stable, with a combined interest share of 15.5%.
The AI token, which was the topic champion in 2023, currently has a market value of 44.9 billion USD. This year it has dropped to second place but still maintains a stable growth trend.
The overall attention for AI tokens has reached 13%, slightly up from last year.
Including topics related to AI agents, a total of 15.5% of attention is occupied.
The potential of AI tokens is limitless, even though they have dropped to second place, they continue to grow steadily. AI meme coins have emerged strongly, currently with a market value of 7 billion USD.
The potential of meme coins driven by AI agents should not be overlooked, with a current market value reaching 7 billion USD. The most notable is the fart coin (FARTCOIN) which has 1 billion USD and has become the king of AI meme coins, while the second is the lowercase token (ai16z) of ELIZA, which recently had a dispute over capitalization, currently valued at 900 million USD.
A Twitter account created by AI agents called 'Truth Terminal' promotes meme coin GOAT, which has gained favor from a16z founder and currently has a market value of 400 million USD.
(AllianceDAO founder review and forecast: Meme coins, AI Metaverse, and Ethereum ETF are highlights, RWA awaits opportunities)
This article on the cryptocurrency topic for 2024: The market value of meme coins is 112.7 billion USD, ranking first, while AI-related tokens have dropped to second place, first appearing in Chain News ABMedia.
