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.