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Memecoins Dominance 2024: 4x Growth, Superior AI-Driven Profits
In 2024, memecoins have proven their strong attraction by capturing 31% of investors' attention, far surpassing other technology trends such as artificial intelligence (AI). This represents nearly a fourfold increase compared to the previous year, when this topic only attracted 8.32% of interest, according to a report from CoinGecko. Meme Coins Phenomenon: From Dog to Cat and More Initially rising to prominence with dog-themed coins, memecoins have expanded this year to include tokens inspired by other animals and even famous characters. Pump.fun platform, specializing in creating memecoins, has released nearly 5 million tokens exclusively on Solana, earning over 335 million USD in transaction fees.
Prominent memecoins trends in 2024 include: Solana memecoins: 7,65%Base memecoins: 2,13%AI memecoins: 1,49%Cat-themed memecoins: 1,19% Breakthrough Profit With an average annual profit of 201%, memecoins have become the third highest profitable investment theme, far surpassing the average profit of 128% of the cryptocurrency market. Meanwhile, AI-related tokens only achieved a negative 11.6% performance, largely due to a 39% decline in WLD from Worldcoin. Competition Between Memecoins And AI Although AI technology has been a hot topic in the blockchain community, by 2024, memecoins have surpassed AI in popularity. AI-related topics account for 15.67% of attention, but low profitability makes this field lose points in the eyes of investors. Other Notable Topics Real assets (RWA) rise to third place with 8.64% interest, thanks to an impressive average profit of 1,755%. Decentralized infrastructure network (DePIN) has risen from 13th place to 8th, while GameFi has experienced a sharp decline, now accounting for only 3.72% of the market. Solana And Base Shine Blockchain ecosystems such as Solana and Base continue to attract significant attention. Solana memecoins lead with 7.65%, while Base-related topics account for 4.87% market share, driven by the development of memecoins. Conclusion: Emerging Investment Trends The strong development of memecoins shows that investors are prioritizing speculative and cultural opportunities over traditional fundamental factors. With outstanding profits, this field will continue to be a focus in the future, promoting competition in the cryptocurrency market in 2024. DYOR! #Write2Win #Write&Earn $SHIB {spot}(SHIBUSDT)