According to Odaily, Meme coins have for the first time become the most popular category in cryptocurrency, disrupting the previously dominant narratives of smart contracts, DeFi, and NFTs. This is based on a report released by CMC for the first half of 2024.
Meme coins accounted for 22.49% of the page views on the CMC website, exceeding 25 million times in June. Following Meme coins, the Solana ecosystem was the next most popular, accounting for 14.56% of the page views.
This shift in popularity signifies a change in the cryptocurrency landscape, with Meme coins taking the lead over other categories such as smart contracts, DeFi, and NFTs. The rise of Meme coins and the Solana ecosystem indicates a shift in user interest and investment patterns in the cryptocurrency market.