In 2024, the Memecoin sector emerged as a super cycle. In this market, there are scammers, hype creators, and top sellers among the annual figures. The Pump.fun platform created by Alon is the key to the Memecoin frenzy of 2024, with over 5 million Memecoins created on the platform. Murad gained fame for investing in $SPX and proposing the Memecoin Supercycle theory. Ansem attracted attention for investing in BONK and WIF, but also faced backlash for recommending low market cap Memecoins that led to follower losses. Sahil Arora made approximately $30 million by issuing Memecoins for celebrities. Lggy Azalea led the celebrity Memecoin trend by issuing the MOTHER token. Caitlyn Jenner was sued by investors for issuing the $Jenner token. James Wynn profited from heavily investing in PEPE and ELON tokens, but his liquidation actions also caused the ELON crash. Justin Sun promoted meme culture through the SunPump platform and art events. Elon Musk influenced the Memecoin market through tweets. Donald John Trump gained attention due to events related to Memecoins.

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