Memecoin interest in 2024 was largely directed to Solana-based tokens, followed by those on Coinbase’s blockchain Base, according to a CoinGecko study.
Memecoins have taken the top spot for mindshare in the crypto space this year with nearly a third of investor interest focused on the highly speculative tokens, a CoinGecko study has found.
“The most popular crypto narrative in 2024 was by far the memecoin narrative,” Lim Yu Qian, a research analyst at crypto data aggregator CoinGecko, wrote in a Dec. 23 report.
Lim said a study of site traffic to CoinGecko’s token categories from Jan. 1 to Dec. 21 found memecoins and related categories captured nearly 31% of investor interest over the period.
