A look at the best performing memes in each quarter of 2024: Themes rotate, but memes remain strong
author:Eli Nuss
Compiled by: Xiaobai Navigation coderworld
Over the past year, Memecoin has beencryptocurrencyIts total market capitalization has now exceeded $100 billion, making it larger than decentralized finance (DeFi) and even larger than decentralized infrastructure networks (DePIN), games, and the metaverse combined.
Given the size and diversity of this asset class, we seek to map its full landscape to identify potential investment opportunities.
We analyzed the top performing tokens in each quarter this year, and the results confirmed our suspicions: Memecoin dominated the list every quarter.
In the first quarter,$POPCAT,$WIF,$MOG and $MYRO Outstanding performance.
Second quarter standouts include $PONKE,$SPX,$TURBO,$GIGA,$WOJAK,$BRETT and $MOG.
By the third quarter,$SPX,$GIGA,$FUD and $MUMUIt has become the best performing Token.
When trying to apply the methodology to Memecoin, you quickly realize the importance of understanding the “meta trend”.cryptocurrencyDomains are universal phenomena, but in Memecoin their importance is greatly magnified. Below is an expanded timeline designed to highlight some important “meta-trend” shifts and origins.
Before 2021, there was mainly only Dogecoin on the market. Then, Shiba Inu was launched and was seen as the first real Dogecoin killer. People naturally flocked to Shiba Inu, hoping to replicate the success of Dogecoin. This desire to find the "next hot coin" eventually formed a "meta-trend". The success of Shiba Inu triggered a craze for various dog- and Elon Musk-related memes in 2021, becoming the first real Memecoin meta-trend. In 2023, Pepe brought frog and boy club-related memecoins. By the end of 2023, the emergence of Bonk and Wif established Solana as the mainstream meme chain, eventually giving birth to pump.funThis sparked widespread Memecoin mania in the first quarter, with new “meta-trends” forming almost every week or even every day. After reaching a peak in March, the market cooled off during the summer.@MustStopMurad Proposed Memecoin Communityand network effect understanding frameworks became very popular, attracting a lot of money into "cult coins" like SPX6900. Recently, as Bitcoin finally began to break out, we have seen a resurgence of market enthusiasm and a new "meta trend" around @truth_terminal of $GOAT, cute hippo $MOODENG and $PEANUT Formed, may he rest in peace.
Since there are so many different “meta trends”, we try to segment the market by category.
As you can see, Dogecoin is still the dominant sector in Memecoin, mainly due to the promotion of Dogecoin. When we started to compile the data a few weeks ago, Sentient AI Categories are barely there, and the Martyr category is virtually non-existent (hat tip to $Harambe for being the original). This shows how quickly this asset class is evolving.
It’s no surprise that Dogecoin’s dominance has been declining since Pepe was launched.
This trend seems set to continue as new “meta-trends” continue to emerge and different areas are pushed to the forefront.
For example, cryptocurrencies like $bitcoin gained traction in 2023 when there wasn’t much new money in the market, but starting later that year, some new capital entered the market, allowing crypto culture to gradually give way to broader Internet culture (such as $giga,$npc wait).
As we mentioned before,$goat and $peanut 的迅速崛起令人惊讶。尽管许多 AI Meme 的市值已经达到九位数，但可能还为时过早将它们从“元趋势”划分到一个新类别。
Other categories such as celebrity tokens and political memes also saw growth earlier this year but have since faded.
Over time, Memecoin could become a microcosm of the entire crypto market, with Dogecoin taking on a similar status to Bitcoin (BTC).CommunitySome may be held for the long term, but most are likely to be short-lived like the NFTs of 2021.
Still, it’s clear that there’s huge opportunity in getting a head start on a new meme or meta-trend.
I expect thatInternet Culture and Sentient AI will be the fastest growing category.Internet memes are already widely accepted and have a rich cultural background, which gives them a natural advantage over other categories. Sentient AI combines the most cutting-edge technology with the most volatile asset class, and seems poised to continue to expand its dominance in the meme market.
In terms of emerging categories, there is always the opportunity to introduce new animals - there is surprisingly little attention paid to zoo animals (tigers, giraffes, zebras, etc.). As for completely new content, existing fan bases (superheroes, sports, etc.) may be able to be realized in creative ways.Tokenchange.
Regardless, I'd love to hear feedback or other ways of looking at the market. Please note that this is in no way financial advice.
The article comes from the Internet:A look at the best performing memes in each quarter of 2024: Themes rotate, but memes remain strong
This article deeply analyzes the challenges and opportunities of Web3 projects in conducting social fission marketing in the European and American markets, and explores how to break through cultural differences to achieve effective growth. Written by: Stella L As Web3 projects expand globally, many projects begin to think about how to break through the growth bottleneck caused by regional cultural differences. The social fission model that has been tried and tested in the Asian market has become popular in Europe...
相关文章
