Abstract:
The Coingecko report shows that the crypto narrative in 2024 presents a diversified and rapidly changing landscape, with coins and AI narratives becoming the biggest winners. Meanwhile, the rise of RWA, DePIN, and specific ecosystems such as and .
Recently, Coingecko released the latest data, ranking the popularity of crypto narratives this year. This year, coins have become the absolute focus of the market, accounting for 30.67% of investor attention, with the top three most popular being , AI, and RWA, and this article will take you through the data behind this report.
Coins: The Dominant Narrative
The coin narrative ranked first in 2024 with a market attention of 14.36%, up 6.04 percentage points from last year's 8.32%, indicating that investor enthusiasm for such assets remains high.
Not only the mainstream coin narrative, but as many as 25 sub-trends have also attracted a lot of attention, including coins (7.65%, ranked 4th), coins (2.13%, ranked 11th), AI coins (1.49%, ranked 15th), and cat-themed coins (1.19%, ranked 16th). From Dogecoin to Catcoin, to AI-themed coins, investors' interest in these high-risk, high-return assets has not diminished but increased.
Artificial Intelligence (AI) Ranks Second
The AI narrative ranked second with a total attention of 15.67%, with the overall AI narrative accounting for 12.58%. Although this is up 1.26 percentage points from last year's 11.32%, the popularity of AI still lags behind coins.
It is worth noting that AI sub-narratives such as AI Agents (1.17%, ranked 17th) have also successfully entered the top 20, indicating that the market remains optimistic about the future development of AI technology.
RWA and DePIN: Emerging Potential Narratives
The popularity of the Real-World Assets (RWA) and Decentralized Physical Infrastructure Network (DePIN) narratives has increased significantly in 2024. The attention to the RWA narrative increased from 6.48% last year to 8.64%, rising from 6th to 3rd place.
DePIN, on the other hand, rose from 13th to 8th, with an increase of 1.56 percentage points. These data reflect the market's growing interest in application scenarios that combine on-chain and physical world applications.
and Ecosystems: Expanding Market Share
The narrative attracted 14.30% of market attention in 2024, close to the AI narrative, becoming an important player in the crypto market. The dual support of coins (7.65%) and the ecosystem (5.78%) has solidified its position. The ecosystem, on the other hand, ranked 9th with 2.68%, and the popularity of coins has also added to its appeal, with a total share of 4.87%.
Gaming Narrative and Other Trends
Meanwhile, the gaming narrative lost some of its heat in 2024, with its market attention dropping from 10.49% last year to 3.72%. In contrast, infrastructure-related narratives such as (3.51%), (2.25%), and (1.87%) have remained relatively stable.
2023: AI Narrative Dominates, Coins Show Potential
In 2023, the focus of the crypto currency market was mainly on the Artificial Intelligence (AI) narrative, which ranked first with a market attention of 11.32%, indicating investors' high expectations for technology-driven future. At the same time, the coin narrative, although only ranked 3rd (8.32%), has already begun to show its heat, laying the foundation for its explosion in 2024.
