Last Year Was the Year of Meme Coins…"Sector Achieved Highest Return at 320%"

Source
Doohyun Hwang

Summary

  • The meme coin sector recorded a 320% return last year, making it the sector with the highest returns.
  • It was followed by the AI sector (91%) and the top 30 cryptocurrencies by market capitalization (88%).
  • Meme coins demonstrated strong resilience in 2024, proving that community-driven token distribution strategies are effective.

Last year, the meme coin sector recorded the highest returns.

On the 3rd (local time), The Block cited GMCI data, stating, "The meme coin sector achieved a 320% return last year, making it the most successful sector." The AI sector (91%) and the top 30 cryptocurrencies by market capitalization (88%) followed.

The media explained, "Meme coins showed remarkable resilience throughout 2024. Trading volumes remained strong across both centralized and decentralized exchanges," adding that "community-driven token distribution strategies have proven effective."

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Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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