In 2024, meme coins were the most successful sector, earning a 2,400% gain.
Other profitable stories include AI and RWA tokens.
RWA's meme coins WIF, BONK, BOME, AI tokens NEAR, FET, ONDO and PENDLE offer buying opportunities.
As the first half of 2024 ends, meme currencies, AI and RWA dominate the news. According to Biteye researchers, the three most profitable industries by 2024.
The most profitable sector in the first half of 2024: meme coin
The first half of 2024 sees a shift from value investing to “full-blown” meme coins. This progressive transition makes meme coins one of the most lucrative sectors compared to Layer 1, Game 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 has the largest profit at 14,353% compared to the issue price, WIF is up more than 933% YTD, and meme coin's profit is more than 500 times that of DeFi, the least profitable category.
Top meme currencies Dogwiphat (WIF), BOME and Bonk (BONK) are down 2% to 4% over the 24-hour period and have a market capitalization of $625 million. Traders can “buy the dip” on the top three meme tokens before the next story move.
Highest growth areas in 2024: AI, RWA token
Traders earn 213% by 2024 from RWA, the second most profitable industry. RWA made the news and BlackRock settled the matter in the first half of 2024.
RWA temporarily led the three sectors in February 2024, but meme tokens and AI overtook it.
With a 451% increase YTD, 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 can buy on Thursday's lows.
I have questions about the market or want to join the signal receiving group lhzl o98.322.9161