According to a report released by CoinGecko, in 2024, Meme coins will account for 31% of the cryptocurrency narrative, nearly quadrupling compared to last year, when this sector attracted only 8.32% of investors from 25 narratives. This trend highlights investors' interest in speculative opportunities, prioritizing cultural virality over traditional fundamentals. According to user evelyn223's Dune Analytics dashboard, nearly 5 million new Meme coins have been deployed on Solana alone this year, with fees collected by pump.fun exceeding $335 million. Major Meme coin narratives occupy the top position in crypto narratives, accounting for 14.36% of investors. Additionally, four Meme coin trends made it into the top 20: Solana Meme coins (7.65%), Base Meme coins (2.13%), AI Meme coins (1.49%), and cat-themed Meme coins (1.19%). According to data from Artemis, Meme coins are the third most profitable narrative in 2024, with an annual average return of 201%. The returns also exceed the market's average return rate of 128%.
