2024: Meme coins are on fire, capturing one-third of the traffic in the crypto market! Dogecoin and Shiba Inu maintain their status, but emerging coins are quietly rising!
In 2024, meme coins have become the focus of cryptocurrencies, accounting for 31% of the search traffic related to cryptocurrencies, with almost one-third of the search volume concentrated on them, indicating that they have quickly become the mainstream topic in this year's crypto market.
Although $DOGE and $SHIB still lead with a total market cap of $113 billion, the entire meme coin ecosystem has expanded significantly, with new projects like $WEPE, $SOLX, and $MEMEX starting to make their mark.
The “main meme coin narrative” alone accounts for nearly 15% of interest in cryptocurrencies, which is an increase of 6 percentage points compared to 2023.
Meme coins based on Solana have grown by 8%, and other related trends, such as AI-related meme coins and Coinbase's Base blockchain project, have also contributed to the excitement. All these factors have collectively driven 2024 to be a year of meme coin resurgence.
While $DOGE and $SHIB remain dominant, emerging coins like $WEPE and $SOLX are injecting fresh blood into the meme coin ecosystem.
$WEPE captures the wild and humorous spirit of the early meme coin era and has sparked viral participation through clever activities. You can think of $WEPE as that unpredictable friend who always shows up at parties—sometimes, they even take home a prize.
On the other hand, $SOLX appeals to tech-savvy and environmentally conscious groups. It is not only a meme coin but also explores solutions to real-world problems, such as decentralized energy solutions.
CoinGecko's report also mentions other noteworthy trends, such as the rise of artificial intelligence tokens (attracting 12.58% of attention) and the growth of real-world asset (RWA) tokens (reaching 8.64%).
Regarding Solana-related projects, the overall share is 14.3%, with meme coins holding the largest share.
