The crypto sector has been a real roller coaster ride in 2024, with meme coins taking center stage.
According to a report published by CoinGecko, meme coins are undeniably the talk of the town, attracting a whopping 30.67% of global investor interest.
From whimsical dog-themed coins to playful cat designs to personality-focused tokens, the rise of these speculative assets paints a vivid picture of the evolving market landscape. Interestingly, their appeal has increased significantly compared to 2023, representing a significant increase from 8.32% to 14.36% of total narrative interest.
Solana meme coin led the trends, attracting 7.65% of investor attention and cementing its position as the fourth most followed narrative. The base meme coin trend was not far behind, ranking 11th with a share of 2.13%.
Meanwhile, AI-inspired meme coins and cat-themed tokens rounded out the top 20 with a share of 1.49% and 1.19%, respectively. This playful side of crypto has clearly struck a chord with investors looking for something a little less conventional.
Source: CoinGecko
Meme coins will outperform AI narratives in 2024
While meme coins ruled the roost, artificial intelligence (AI) narratives also made a splash, securing second place in terms of popularity. Collectively, AI narratives captured 15.67% of investor attention. In this space, the overarching AI narrative saw a slight increase, rising from 11.32% last year to 12.58% in 2024. Despite this growth, the dominance of meme coins left the AI narrative behind.
Source: CoinGecko
AI agents also gained some attention, accounting for 1.17% of interest. However, AI-related trends seemed to diversify…
