2024 may be the year of the outbreak of MEME tokens. The three largest tokens with the largest increase are all MEME tokens, such as WIF, PEPE, Bome and FLOKI.
Retail investors' crazy pursuit of MEME coins is actually a resistance to the continuous issuance of high-market-value altcoins by institutions.
This year, some concept-hyped tokens have also emerged. The price fluctuations of these tokens are very large, which brings extremely high risks to investors.
For example, AI concept WLD, FET, RNDR, and modular TIA, INJ, etc. Tokens of this type are usually the target of short-term speculation, and investors should not hold them for a long time.