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Memecoins capture 31% of investor mindshare in 2024, surging 4x in popularity

  • Memecoins dominated 31% of crypto narratives in 2024, a significant increase from the previous year.
  • The rise of memecoins expanded into various themes, indicating an investor preference for cultural virality over traditional fundamentals.
  • Solana memecoins, including dog-themed and other animal- and personality-themed tokens, saw significant growth.
  • Memecoins became the third most profitable narrative, outperforming AI tokens in terms of popularity and returns.

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