Memecoins: The Hottest Crypto Trend in 2024

1/8/2025, 4:16:05 AM
2024 in the crypto world is the "Year of Meme Coins." These coins may lack practical applications born from internet meme culture, yet their cultural symbolism and community influence are undeniable. From Shiba Inu to Pepe the Frog, various memes have transformed into popular cryptocurrencies. Meme coins, leveraging unique marketing strategies, have lured new investors. In the first quarter alone, meme coins' market cap soared to nearly $70 billion, with Solana-based coins like WIF and BONK leading the charge. However, the extreme volatility of meme coins poses significant risks. Their meteoric rise has sparked a reevaluation of value investing and injected a fresh dose of excitement into the crypto market.
Author: Sonia
Translator: Sonia
Reviewer(s): Edward、Piccolo
Translation Reviewer(s): Ashely、Joyce
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
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Crypto Calendar

Tokens Unlock
Immutable will unlock 24,520,000 IMX tokens on September 5th, constituting approximately {Supply}% of the currently circulating supply.
IMX
-3.02%
2025-09-04
TOWN Airdrop Claim Page
Alt.town has announced that the claim page for $TOWN airdrop rewards will open on September 5. Participants of previous Alt.town airdrop events will be able to check eligibility and claim their tokens via checker.alt.town. Ongoing and future airdrop campaigns, especially those organized by exchanges or partners, will be announced separately on relevant platforms.
TOWN
2025-09-04
Lisbon Meetup
ALEO will hold a meetup in Lisbon on September 5th. The event is announced as an evening dedicated to community interaction, privacy discussions, and the advancement of blockchain technology.
ALEO
-3.48%
2025-09-04
Token unlock
Immutable (IMX) will unlock 24.84 million Tokens on September 5th at 8:00, valued at approximately 12.42 million dollars, accounting for 1.277% of the Circulating Supply.
IMX
-3.02%
2025-09-05
Token unlock
Mocaverse (MOCA) will unlock 2.46 million tokens on September 5th at 8:00, worth approximately $165,000, accounting for 0.06% of the Circulating Supply.
MOCA
-2.67%
2025-09-05

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