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Dig Deeper into CoinGecko’s 2024 Data: Memecoins Stir Up the Market
In a year filled with unexpected twists and turns, the crypto market has been no exception. As we wrap up 2024, it is clear that the landscape has undergone significant changes. One of the most striking trends to emerge from CoinGecko’s data is the rapid rise of memecoins.
As per the data, memecoins like Sui (1.04%) and TON (0.85%) have attracted immense attention in 2024. It’s not just these two that are gaining traction; other lesser-known coins like Shiba Inu (2.47%), Tamadoge (1.53%), and Battle Infinity (3.13%) are also making waves.
The unprecedented growth of memecoins has caught many off guard, leaving investors wondering what the future holds for this new breed of assets. At first glance, it may seem that non-technical factors like speculation and viral popularity have taken precedence over technological advancements in the crypto space.
Source: www.cryptoninjas.net
