PANews reported on December 24 that according to Cryptoslate, according to a report released by CoinGecko, Meme coins have become an important narrative in the cryptocurrency field in 2024, accounting for 31% of the share, nearly four times the previous year. Last year, Meme coins only accounted for 8.32% of investors' attention in 25 narrative themes. The rise of Meme coins was initially driven by dog-themed cryptocurrencies, but has now expanded to areas such as animal and personality-themed tokens. This reflects investors' strong interest in speculative opportunities, and they value the viral spread of culture rather than traditional fundamentals.

Pump.fun, the Memecoin Launchpool platform, has deployed nearly 5 million new coins on the Solana blockchain this year, with platform revenue exceeding $335 million. In the cryptocurrency narrative, the Memecoin narrative takes the lead, attracting 14.36% of investors' attention. In addition, Solana Memecoin (7.65%), Base Memecoin (2.13%), AI Memecoin (1.49%) and cat-themed Memecoin (1.19%) are also among the top 20 narratives.

In addition, according to Artemis data, Meme coin is the third largest profit narrative in 2024, with an average annual return rate of 201%, far exceeding the market average return rate of 128%.