According to Deep Tide TechFlow news on December 24, as reported by Cryptoslate, the Meme coin narrative has become a significant narrative in the cryptocurrency space in 2024, accounting for 31% of the market share, nearly quadrupling from last year. Last year, Meme coins only accounted for 8.32% of investor attention among 25 narrative themes. The rise of Meme coins was initially driven by dog-themed cryptocurrencies, but has now expanded to include animal and personality-themed tokens. This reflects investors' strong interest in speculative opportunities, valuing the viral cultural impact over traditional fundamentals.
Pump.fun as a Meme coin Launchpool platform has deployed nearly 5 million new coins on the Solana blockchain this year, with platform revenue exceeding $335 million. In the cryptocurrency narrative, the Meme coin narrative takes the lead, attracting 14.36% of investor attention. Additionally, Solana Meme coins (7.65%), Base Meme coins (2.13%), AI Meme coins (1.49%), and cat-themed Meme coins (1.19%) have also made it into the top 20 narratives.
