The most prominent focus in the cryptocurrency market in 2024 is Memecoins. According to the latest report from CoinGecko, Memecoins have attracted the attention of nearly one-third of global investors this year, becoming the hottest topic of the year. In contrast, AI tokens, which were the most popular last year, have fallen to second place, but are still maintaining stable growth.
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ToggleMemecoins sweep the market, occupying nearly one-third of investor attention
The report indicates that from the beginning of this year to 12/21, the Memecoin-related category on the CoinGecko website has attracted the attention of nearly 31% of global investors. This shows that speculative tokens with high risk and high returns remain the focus of market attention.
- The Memecoin hype theme accounts for 15% of overall interest, an increase of more than 6 percentage points compared to 2023.
- Memecoins on the Solana blockchain have become the fourth most popular topic, accounting for 8% of the attention share.
- Memecoins on the Coinbase blockchain Base rank 11th, accounting for more than 2% of the share.
Other themes like AI Memecoins and cat-themed Memecoins also account for 1.5% and 1.2% of the attention, ranking 15th and 16th respectively.
Memecoin market cap exceeds $100 billion, with Dogecoin and Shiba Inu leading the pack
The current Memecoin market size has reached $112.7 billion, with Dogecoin (DOGE) and Shiba Inu (SHIB) occupying the first and second positions with market caps of $49 billion and $13.6 billion respectively.
Pepe (PEPE), the veteran cartoon character, ranks third with a market cap of $7.9 billion. Others like Dogecoin (BONK) and Penguin (PENGU) in the Solana ecosystem have also surged to the top five among the Memecoins. Although Memecoin prices are highly volatile, some projects may also be just a scam, but their high-risk, high-return characteristics still attract many speculators.
AI token hype has subsided, but performance remains stable, accounting for 15.5% of overall interest
The AI tokens, which won the topic champion in 2023, currently have a market value of $44.9 billion. This year, they have fallen to second place, but still maintain a stable growth trend:
- The overall attention to AI tokens has reached 13%, a slight increase from last year.
- Including related topics such as AI Agents, the total attention share is 15.5%.
AI Memecoins emerge as a surprise, with a current market value of $7 billion
The potential of AI agent Memecoins should not be underestimated, as their current market value has reached $7 billion. The most notable one is the $1 billion FARTCOIN, which has become the king of AI Memecoins, while the second place goes to the recently disputed ELIZA token (ai16z), with a current market value of $900 million.
For example, the Twitter account "Truth Terminal" created by an AI agent to promote the GOAT Memecoin has gained the favor of the famous venture capitalist a16z, and the current market value of GOAT has reached $400 million.
Risk Warning
Cryptocurrency investment is highly risky, and its price may fluctuate dramatically. You may lose your entire principal. Please carefully evaluate the risks.
