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

Project Updates
The application for the BNB Chain Season 11 MVB Program will close on September 6, and the offline residency program will take place from October 6 to December 5.
BNB
-3.14%
2025-09-06
Project Updates
The INFINIT IN Airdrop claim will close on September 6 at 18:00.
IN
2025-09-06
CIE-SEA 2025 Annual Convention in Seattle
ArcBlock will participate in the CIE-SEA 2025 Annual Convention on September 7, joining the BELLEFounders event. CEO Robert Mao will present his vision on Decentralized AI and Digital Identity in a panel discussion alongside leading figures from AWS, Microsoft, and other tech giants. The event will be held in Seattle.
ABT
3.07%
2025-09-06
Dragonverse Season 22
MOBOX has launched Season 22 of its Dragonverse event, running from August 28 to September 7 at 08:00 UTC. The prize pool includes 6,000 MBOX, 10 million eMDBL, and 50% of all in-game purchases. Additional item drops are available for MOBOX holders, and the top five $MBOX spenders will receive exclusive bonus rewards.
MBOX
-4.77%
2025-09-06
Live Stream on YouTube
OriginTrail, in collaboration with Microsoft, will host a webinar titled “Unlocking Enterprise Intelligence with AI Agents” on September 8 at 16:00 UTC. The session will feature CEO Chris Coulthrust from Microsoft and co-founder, Brana Rakić from OriginTrail, who will demonstrate how Microsoft and OriginTrail’s Node and MCP technologies are pushing the boundaries of verifiable AI solutions for enterprise use. The discussion is set against the backdrop of Microsoft CEO Satya Nadella’s statement: “SaaS is Dead — The Future is AI Agents”.
TRAC
-4.11%
2025-09-07

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