Memecoin – A type of asset worth 120 billion USD

From being just fleeting jokes when they first appeared, by 2024, Memecoin has become an indispensable part of the crypto world.

Referencing Eli Nuss's article:

Outstanding performance of Memecoins each quarter:

Q1: $POPCAT, $WIF, $MOG, $MYRO

Q2: $PONKE, $SPX, $TURBO, $GIGA, $WOJAK, $BRETT, $MOG

Q3: $SPX, $GIGA, $FUD, $MUMU

Meta in Memecoin:

The trends of Memecoins change rapidly and play a crucial role in development.

Before 2021: DOGE dominated the trends.

2021: Shiba Inu initiated the dog meme wave and was associated with Elon Musk.

2023: Pepe and the frog meme community created a new highlight.

Late 2023 - early 2024: Bonk and WIF elevated Solana to the "memecoin chain" status, driving a new wave.

Classification of Memecoins and current meta trends:

Crypto Culture Coins

Internet Culture Coins: $GIGA, $NPC leverage the power of Internet culture.

Sentient AI Memes: $GOAT, $PEANUT combine AI, rapidly developing.

Celebrity Tokens and Political Memes: Early growth, but gradually declining.

New animal meta: Species like tigers, zebras have yet to create waves.

Market predictions:

Memecoin has the potential to reflect the structure of the crypto market, with DOGE as BTC. Some "cult" coins may last long, but most will only be fleeting trends, similar to the NFT craze in 2021.

Additionally, I've recently seen colored tokens like green, red emerging quite a bit on various platforms. There are even articles sharing how to "get rich" quickly, investing 100 USD and reaping tens of thousands of USD just a few hours later. However, everyone should be careful, research thoroughly, and not fall into FOMO too much!