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Cryptoninjas
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Dig Deeper into CoinGecko’s 2024 Data: Memecoins Stir Up the Market
- Memecoins, including Dogecoin and Shiba Inu, are currently the most prominent crypto trend, accounting for 31% of investor interest according to CoinGecko’s 2024 data.
- Solana and Base are two ecosystems seeing growth driven by memecoins and infrastructure projects. 7.65% of investor interest focused on Solana-based memecoins.
- AI projects were expected to be the standout trend of 2024, but have fallen behind memecoins, accounting for only 15.67% of investor interest.
- Other crypto trends seeing significant attention in 2024 include Real-World Assets (RWA), Decentralized Physical Infrastructure Networks (DePIN), and leading blockchain ecosystems such as Ethereum, Sui, and TON.
- The gaming or GameFi sector has seen a decline, dropping from the 2nd to the 6th position in terms of investor interest.
- CoinGecko’s data demonstrates that non-technical factors such as community excitement and trust can be more influential than groundbreaking technology.
- Investors should understand the real potential of projects and diversify their investment portfolios to minimize risk.
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