The year 2024 has witnessed a clear differentiation in the crypto market, where some trends are rising strongly, while other sectors are struggling to maintain their position. According to the latest report from CoinGecko, #memecoin has become the focal point of the market, capturing 31% of total global investor interest.
Memecoin: The Allure of Huge Profitability
According to data from CoinGecko, from January 1 to December 21, 2024, memecoin has dominated the market with remarkable growth, capturing nearly 31% of interest. This is an impressive leap compared to 2023, when memecoin ranked 3rd with 8.32%.
Not limited to familiar names like Dogecoin ($DOGE ) or Pepe ($PEPE ), memecoin has expanded into many new themes, creating powerful 'waves':
• Memecoin on Solana: Breakthrough growth with 7.65% market share, thanks to the launch of the memecoin issuance platform pump.fun.
• Base Memecoin: Attracting attention by combining AI and blockchain, achieving 2.13% market share.
• AI Memecoin: Tokens combining artificial intelligence, such as GOAT, have quickly risen with a market cap of $1.3 billion, demonstrating the potential of this trend.
The allure of memecoin lies not only in short-term speculative factors but also reflects a shift in investment strategy, as individual and institutional investors seek high-profit opportunities in a competitive market.
Artificial Intelligence (AI): The Leading Technology Trend
Equally prominent, AI crypto continues to attract strong interest with 15.67%, up from 11.32% in 2023. AI projects not only create investment allure but are also applied in many practical fields such as:
• Automated trading optimization.
• Blockchain data analysis.
Some notable segments:
• AI Agent: Projects like Truth Terminal or Clanker have made breakthroughs, with AI support optimizing user experience on the blockchain.
• AI & Memecoin Applications: Combining two trends, creating products that are both innovative and highly profitable.
Tokenization of Real Assets (RWA) and DePIN: The Future of Blockchain
Two other trends are gradually establishing their position in 2024 are #RWA (Tokenization of Real Assets) and #DePIN (Decentralized Physical Infrastructure Networks).
• RWA: Growing from 6.48% to 8.64%, driven by interest from large organizations. Notably, the BUIDL fund from BlackRock, with a market cap of over $500 million.
• DePIN: Rising from 13th place to 8th, thanks to high practical applicability in decentralized infrastructure projects.
Overview: Opportunities and Challenges
Although memecoin, AI, RWA, and DePIN are prominent highlights, the crypto market in 2024 is not without challenges. Sectors that once thrived, such as DeFi or Layer-1, show signs of stagnation. In particular, crypto gaming – a 'star' in previous years – has seen a 6.67% decrease in interest, reflecting competitive pressure from new trends.
The Future of the Crypto Market
With the leadership of memecoin and artificial intelligence, along with the growth potential of RWA and DePIN, the crypto market is entering a strong transformation phase. Investors need to seize opportunities from these potential trends but should also be cautious of hidden risks.
The year 2024 is just the beginning, and 2025 promises to continue being a vibrant year for the crypto world. Are you ready to join the game?