Memecoins emerged as the dominant crypto narrative of 2024, capturing 14% of global investor interest, according to a recently published report by Coingecko. Beyond the overarching meme coin trend, four specific subcategories of meme coins also secured spots among the top 20 crypto narratives.
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The report highlighted that Solana meme coins ranked fourth, attracting 7.7% of global investor interest. Meanwhile, Base meme coins, AI meme coins, and Cat meme coins secured the 11th, 15th, and 16th positions, garnering 2.1%, 1.5%, and 1.2% of investor interest, respectively.
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Collectively, these trends brought total memecoin-related interest to nearly 31%, accounting for roughly one-third of the year’s overall crypto narrative engagement. This marks a significant leap from 2023, when memecoins ranked third in Coingecko’s most popular crypto narratives, capturing just 8.3% of interest.
“The analysis assessed global web traffic data for Coingecko categories, excluding bot activity, from January 1 to December 21 for both 2023 and 2024,” explained Lim Yu Qian, a Crypto Research Analyst at Coingecko. “Only categories with listed pages and a measurable share of traffic were included in the study,” she added.
Solana Memecoins Steal the Spotlight in 2024
Solana-related narratives accounted for 14% of global investor interest in 2024, with memecoins emerging as the primary driver of attention toward the blockchain. Notably, Pumpfun, Solana’s leading memecoin launchpad, played a significant role, contributing 0.6% to the overall interest.
Pumpfun has achieved remarkable milestones within a year of its launch. It recently became the first decentralized application (dApp) on Solana to surpass $100 million in monthly revenue, with an impressive $1.06 billion in annual revenue, according to data from DeFiLlama.
Beyond memecoins, other key crypto narratives also made waves in the top ten. These included Artificial Intelligence (AI) with 12.58%, Real-World Assets (RWA) at 8.64%, the broader Solana ecosystem with 5.78%, and Gaming at 3.72%.
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Coingecko’s latest report reveals memecoins as the top crypto narrative of 2024, capturing 30.67% of global investor interest—a significant leap from last year’s third-place finish at 8.32%.
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