Memecoins Lead 2024’s Crypto Trends, But What’s the Play?

Memecoins captured 31% of investor interest this year, driven by speculative hype. Solana-based tokens took 8% of that, while Coinbase’s Base memecoins carved out just over 2%.

The market is booming at $113.2B, with DOGE and SHIB holding the lion’s share. But this space remains volatile - quick wins often come with quicker losses (Cough - Hawk Tuah - Cough).

AI tokens slipped to second place but still hold 13% of interest, showing staying power in narratives that lean on utility.