Meme Coin Trends Surge in 2024, Capturing 30% of Investor Attention Across Crypto
2024 saw massive gains for the crypto market, but meme coins dominated the narrative.
Owing to its notable resurgence, several meme coins even emerged as some of the top-performing cryptocurrencies of the year, contributing to the rise of new crypto millionaires along the way.
Speculative Meme Coins Take Over Crypto
According to CoinGecko’s report, meme coins captured more than 30% of the global investor interest, which was distributed across the central niche narrative and 25 different trends related to them.
This suggests that nearly one-third of the focus in crypto was on speculative investments, where fundamentals took a back seat, with the market rapidly diversifying from dog-themed coins to other meme tokens…