In recent years, with the rapid iteration of blockchain technology and the booming development of the cryptocurrency market, Meme coins have gradually evolved from a community-driven network cultural symbol into the field of crypto assets important component. Its unique innovation and wide market influence prompt the industry to continuously explore the potential and value behind it.

In order to deeply analyze this phenomenon and provide forward-looking and strategic industry insights, LBank Labs, MetaEra and Bee Network jointly released the "2024 Ten Years Popular Meme Coins" research report. Through rigorous market research and data analysis, this report selects the top ten Meme coins with the greatest development potential in 2024 from multiple dimensions such as liquidity, community activity, and market performance, and comprehensively presents their ecological value and development prospects.

Since the explosive growth of $DOGE in 2020, Meme coins have become an important part of the crypto industry Narratives and emerging investment targets. Against the backdrop of subdued market sentiment over the past year, most altcoins have underperformed and have all but touched the highs of the current bull cycle. However, the Meme coin sector bucked the trend and became one of the fastest-growing fields, attracting the attention of a large number of retail investors with the myth of "getting rich overnight." Especially in March, after BOME became a "Meme legend" at a record speed, the entire market quickly entered the hot Meme Summer.

According to Artemis Terminal data, as of November 27, Meme currency has performed outstandingly in the encryption track since the beginning of 2024, ranking second with 261%, becoming Best narrative next to RWA.

(Data source: Artemis Terminal)

Despite the disunity among investors, Meme coins have become one of the best-performing and largest-volume narratives of 2024. In essence, the strong performance of Meme coins stems from the "attention premium" and "FOMO premium" by providing low transaction costs, fair token distribution, efficient issuance and trading mechanisms, and operating in the absence of a compelling narrative. The huge upside potential in the market satisfies the speculative needs of investors, especially retail investors.

Meme Coin Market Analysis Meme Coin Market Value OverviewSince the emergence of Meme coins in 2014, the overall market value of this market has fluctuated greatly. The first major increase occurred in the second quarter of 2017 (1,198%), when its overall market capitalization reached $343 million. In the first quarter of 2018, the market exceeded the $1 billion mark for the first time. In the first quarter of 2021, a growth of 1,287% took its market capitalization to US$7.2 billion, which has since surged to US$30-60 billion.

(Data source: CoinMarketCap)

Between 2022 and 2023, the encryption market suffered a "crypto winter", and the overall market value of Meme coins shrank and stabilized at about US$16 billion. In the fourth quarter of 2023, the overall market value of Meme coins showed relative resilience, with the market value remaining at US$22 billion. It is worth noting that even during the overall sluggish market performance from July to October this year, the total market value of Meme coins did not decline significantly, and its performance was significantly better than that of many VC coins and altcoins.

According to CoinMarketCap data, the market value of Meme coins will generally show a growth trend in 2024, with the total market value reaching a maximum of more than 120 billion U.S. dollars. As of November 27, the market value has reached 110 billion. Dollar.

In the first quarter of 2024, the market value of Meme currency increased significantly, with an increase of 213.42%. This was accompanied by the birth of Bome, Slerf, and the rapid growth of Pump.fun. Development, its market value reached US$68.9 billion on March 29;

In the second quarter, the market value of Meme coins showed a trend of rising first and then falling, reaching a quarterly high of US$69.8 billion on April 1. Later, due to the downward trend of the overall crypto market, the market value of Meme coins fell by approximately 9.51%. After a brief correction, the PolitiFi Meme trend of the hot US election in May drove the upward trend, and the total value stabilized at more than 45 billion US dollars;

In the third quarter, Meme coins as a whole showed a trend of first falling and then rising, with an overall decline of 36.40%, falling to a low of US$34.7 billion on August 6;

In the fourth quarter, as of November 27, the overall market value of Meme coins showed an upward trend, with an increase of 126.64%, and popular Memes such as Neiro, MOODENG, GOAT, ACT, PNUT, and Ban were born, reaching a peak of US$125.6 billion on November 24;

List of the 10 most popular Meme coins

The following tokens are based on multiple factors, including market capitalization, popularity, and overall project success.

(sorted by time)

In 2024, Neiro and APU are undoubtedly the best-performing meme coins, leading the memecoin market with maximum yields of 69,215% and 45,692% respectively;

Brett and BOME Both will perform equally well in 2024 with their special cultural attributes and innovative token models. Through Brett's deep cultivation of community culture and cross-border cooperation with well-known brands, BOME has successfully attracted a large number of meme enthusiasts with its "Book of Meme" cultural concept and has become a representative of culture-driven meme coins;

SLERF, as the first meme coin with CTO (Community Take Over) concept, unexpectedly became a hit due to its dramatic creativity and user participation.

AI-themed meme coins such as GOAT and ACT have become the new focus of the market due to their innovative AI-driven concepts;

These meme coins are not only the product of market speculation, but also show strong vitality and market influence in the context of the interweaving of culture, technology and community.

BRETT

The Boys Club is famous for being inspired by Matt Furie's comic book series, which also Featuring the popular Pepe the Frog character, Brett capitalizes on meme culture to engage its community of investors and enthusiasts. As of 2024, it has achieved major milestones, including becoming the top meme coin on the Base chain, and its community-driven growth and strategic partnerships have made it one of the most promising meme coins this year.

Brett's tokenomics are designed to ensure stability and long-term growth. With 85% of Brett's supply locked in liquidity pools and a deflationary model that reduces the total supply over time, it is designed to strengthen Its value proposition to traders and long-term holders is also supported by the rapid expansion of the Base ecosystem, providing more opportunities for use and development. -align: left;">Among them, Brett achieved a path from a market value of less than US$10 million to a market value of nearly US$2 billion in 101 days. At the same time, BRETT became the third fastest currency in history to reach a market value of US$1.5 billion. As of November 27 On that day, Brett’s market value stabilized at US$1.63 billion, down 13.76% from its highest point.

Brett's success is also attributed to its strong community participation. Through viral marketing and active social media, Brett has become more than just a Meme coin, but a cultural phenomenon in the crypto space.

BOME

BOME (Book Of Meme) was launched by Solana on March 14th by Pepe Meme artist Darkfarms Meme Coin. Originally posted by Darkfarms on Twitter. The BOME token pre-sale was launched through the Solana address, and the SOL raised was used to increase liquidity. Initially, it expected to raise 500-600 SOL. As the pre-sale progressed far beyond expectations, Darkfarms opened a community vote. It is up to the participants to decide how to distribute the pre-sale funds. On March 15, according to data disclosed by Darkfarms, a total of 10,131 SOL was raised.

In just three days, BOME achieved a hundredfold growth at an astonishing speed and was successfully listed on Binance. Its market value exceeded the US$2 billion mark in one fell swoop. The success of BOME not only made it the focus of the market, but also made it the focus of the market. There was a wave of pre-sales in the Solana ecosystem, which also opened up the market imagination for the subsequent Meme Summer craze.

If the surge of SOL in October 2023 and the subsequent huge airdrop of Jito attracted the attention of institutions and DeFi Degen, then this Meme Summer really kicked off the adventure of ordinary retail investors on the Solana chain. And follow closelyThe subsequent Pump.fun has injected new vitality into the already hot Solana ecosystem.

Times have changed, and BOME has initially completed its historical mission. As of November 27, BOME's market value has dropped to about US$590 million, a 54.26% drop from its historical high. As a former meme leader, BOME has yet to experience a significant rebound after going public. In addition, its liquidity pool still holds more than 150,000 SOL.

SLERF

SLERF is a super performance art triggered by accidents.

On March 17, SLERF successfully raised more than 50,000 SOL on Twitter, but the founder claimed that the liquidity pool had been destroyed due to misoperation. and airdrop reserved tokens. At first, everyone thought that the Slerf project was dead. However, the founder's "behavior of removing large investors" moved many investors, setting off a strong buying craze, and the token price soared rapidly.

Because of its concept of "truly decentralized Meme" and the ICO boom, a large number of users flocked to SLERF, refreshing BOME in just 30 minutes. It took 9 hours to reach a market value of over 100 million, becoming the new Meme king. What is even more exaggerated is that its liquidity pool also reached more than 100 million US dollars in just a few hours, becoming one of the largest liquidity pools on the chain at that time.

During this period, the founder of SLERF cooperated with LBank to launch a donation event. LBank not only served as the first donor, but also served as the custodian of the donation address. As of June 14, the donation address on the chain has received more than 40,000 SOL, which has been used to compensate users who participated in the SLERF private sale.

SLERF has been listed on LBank and Bitget successively, and the price once soared to 1.3 US dollars, with a market value of Nearly $700 million. As of November 27, SLERF's market value has dropped to US$130 million, a 70.98% drop from its historical high. Despite this, its liquidity remains above 70 million due to the mechanism of burning tokens, and the trading volume continues to remain stable above one million US dollars.

APU

Apu, also known as Peepo or Helper, is a spin-off of the Pepe meme. The character is depicted as a younger, kinder, and more innocent version of Pepe. Apu is often depicted as sad or A pained expression that reflects a more innocent and compassionate character. This meme originated in Finland and quickly spread internationally, gaining a large following due to its relatability and emotional nature.

On March 11, 2024, APU Apustaja was tokenized and deployed on the Ethereum blockchain. Since its tokenization, APU Apustaja has experienced a rapid rise in cryptocurrency popularity.< /p>

Despite many early challenges, including the abandonment of project developers, the resilient APU community remained united and demonstrated a strong commitment to the beloved meme in just a short period of time. For more than a month, APU Apustaja's market value has exceeded $300 million. This rapid growth not only proves the huge potential of community-driven projects, but also highlights APU's enduring appeal as an iconic Internet figure, inspiring great enthusiasm among investors for its future development.

Following in the footsteps of other successful meme coins, APU Apustaja's community launched a series of innovative activities aimed at promoting and expanding the popularity of Meme Coin. The APU community showed extraordinary dedication and creativity, successfully listing it on major cryptocurrency exchanges such as LBank, Bitget, and Gate, while also Eleven community-produced music albums have also been released on streaming platforms such as Apple Music and Spotify. In addition, the community has also launched APU games and a legend book with more than 30 chapters, further enriching APU. Apustaja’s brand experience. Through grassroots marketing methods such as stickers and posters, APU Apustaja has successfully attracted more and more attention. Today, with an active community of nearly 7,000 holders and 6,000 Telegram members, APU Apustaja is more than just a brand. Meme coin represents the resilience, unity and transformative potential of Meme culture in the cryptocurrency field.

According to historical data, APU reached an all-time high of US$0.001151 on March 15, with a market value of nearly US$390 million. As of November 27, the APU market value was stable at US$280 million, a drop of nearly 38.34% from the historical high. %.

MEW

MEW is the abbreviation of "CAT IN A DOGS WORLD" and is the leading cat-themed Meme on Solana. Through a narrative structure with rebellion, care and heroism as its core, MEW is formed It creates a distinct cat image, which symbolizes a breakthrough in the phenomenon of dog memes dominating the market, and also reflects the pursuit of a fair and friendly atmosphere in the crypto community

On March 25, MEW was officially launched on the Solana network. By combining burning mechanisms and airdrops, the project aims to build value, community, and scarcity. In the early days of its launch, MEW airdropped 10% of the total tokens to Solana ecological users, which quickly attracted widespread attention. Within just a few hours of its release, MEW attracted a lot of attention and discussion.

In April, MEW airdropped tokens to BONK, WIF and Solana Saga 2 mobile phone holders. Subsequently, MEW was listed on the Korean exchange Upbit, becoming the third Meme coin that can be traded after DOGE and SHIBA. On November 18, the price of MEW reached a maximum of $0.01288, with a market value of over 1 billion. As of November 27, MEW’s market value exceeded US$800 million, down 24.36% from its historical high.

It is worth mentioning that MEW has cooperated with the well-known animation studio LOCUS Studios to enhance brand appeal through high-quality animation content. The collaboration elevates MEW’s narrative and character design into more than just a cryptocurrency token, but a cultural symbol with broad appeal.

Neiro

Neiro is often called the spiritual successor of Dogecoin, which is closely related to Internet culture and Meme coins have a unique connection. Like Doge, Neiro embodies the playful, community-driven spirit of the meme coin space.

On August 4, 2024, Neiro was launched on the Ethereum network, quickly attracting widespread attention from the market and even attracting the attention of Ethereum co-founder Vitalik Buterin. of attention. In response to the growing community, Vitalik publicly expressed support and donated more than $500,000 to the Animal Welfare Fund, marking a historic milestone.

After the original project party abandoned the project, Neiro was taken over by the community and is now completely owned and managed by the community. It is known as the first Meme coin in the spirit of CTO (Community Take Over).

Neiro was subsequently listed on Binance, triggering a surge in investor interest and significantly increasing its trading volume. Since going live in September 2024, Neiro’s price has soared more than 5,000%, quickly making it into the top 100 cryptocurrencies. At the same time, Neiro has also attracted active participation from whale investors. Institutional investors such as GSRMarkets have increased their holdings of millions of NEIRO, showing strong confidence in its long-term potential.

On November 12, Neiro reached its highest price in history at $0.003093, with a market value of over 1.24 billion. As of November 27, Neiro's price has stabilized at US$0.001698, and its market value has remained at around US$700 million, which has dropped 43.54% from its historical high.

MOODENG

Moo Deng was born in July 2024 at Khao Kheow Zoo in Thailand A baby hippopotamus. The baby hippo, whose name means "bouncing pork" in Thai, quickly became an internet sensation due to its adorable expressions, especially when it is sprayed with water or picked up by its keepers. Its cuteness sparked an explosion of art and memes from fans, turning it into an internet star.

The Moo Deng-based Meme coin launched on Solana’s Pump.fun platform to great success, with its market capitalization exceeding 100 million in just a few weeks Dollar. In a recent survey, Moo Deng topped the list of meme coin popularity, underscoring its appeal among ordinary cryptocurrency enthusiasts.

On November 15, after Binance announced the launch of the MOODENG contract, the Meme coin skyrocketed by more than 100%. Among them, on September 28, the MOODENG token reached an all-time high of $0.6911, with a market value of nearly $640 million. As of November 27, MOODENG's market value remained at US$337 million, which has dropped 43.83% from its historical high.

GOAT

Goatseus MaXimus is an unexpected product of artificial intelligence-driven creativity, born from an experimental platform called "Truth Terminal", which is specially designed for the dissemination and experimentation of Meme. It was developed by Andy Ayrey and was born with the support of venture capital firm Andreessen Horowitz (a16z). The AI ​​combines "GOAT" (the greatest of all time) with Greek mythology and Latin to give the meme multiple cultural and humorous depths by posting humorous and philosophical posts on social media.

When a16z founder Marc Andreessen interacted with an AI robot on Twitter, the story reached a critical turning point. After a series of philosophical conversations, Marc was so inspired that he decided to provide Truth Terminal with a grant of $50,000 in Bitcoin to support its goals of gaining more autonomy and expanding Goatse Gospel into a concrete meme token economy.

With the frequent promotion of Truth Terminal on Twitter, "Goatse Gospel" quickly attracted widespread attention. On October 10, an anonymous investor took a fancy to the viral potential of the Meme and launched GOAT, which was listed on Pump.fun. GOAT’s market capitalization peaked at $350 million in just a few days. Subsequently, through the intense promotion of Truth Terminal on Twitter and Discord, and with the obvious wealth effect of secondary markets such as LBank, GOAT’s market value exceeded US$1.3 billion. Although as of November 27, GOAT's market value has fallen back to US$830 million, down 38.01% from its historical high, its influence is still far-reaching.

The rise of GOAT not only reflects the intersection of artificial intelligence, blockchain and Meme culture, but also reveals the potential far-reaching impact of AI on the encryption field. This phenomenon has brought the combination of AI and Meme back into the public eye, stimulating widespread discussion and attention.

ACT

AI Prophecy (ACT) is an AI theme meme based on the Solana blockchain The project aims to combine the growing influence of AI in the field of decentralized finance and innovatively integrate community interaction and cultural trends. The project integrates AI-driven non-scripted interactions into dynamic environments through autonomous AI agents while introducing social network elements. Unlike traditional projects, ACT’s AI agentAbility to learn, adapt, and actively participate in simulated social environments to continuously optimize user experience. In this way, ACT enables continuous user interaction, creating unique market dynamics and a sense of deep engagement.

Since GOAT became popular, AI Meme has quickly become one of the hottest tracks in the encryption field. Various projects have poured in to compete for the "dragon" in the AI ​​track. Two" status. Among them, ACT, as an infrastructure Meme, was once considered a candidate with great potential. However, after receiving community funding, AMP, one of the developers of ACT, repeatedly deceived the community and sold all the tokens in its hands, causing the tokens to plummet by 50% in an instant, almost destroying the prospects of the project.

However, under the leadership of Wizard and other community members, ACT has experienced many ups and downs but still has not given up hope. After several rounds of adjustments and revivals, ACT was finally successfully launched on LBank on October 22, bringing a turnaround to the project. Then, on November 11, the listing of ACT on Binance triggered an enthusiastic response from the market, and the price soared. It successfully consolidated its second position in the AI ​​Meme field and ushered in the opportunity for recovery and breakthrough.

CoinGecko data shows that ACT reached an all-time high of $0.942 on November 14, with a market value exceeding $800 million. As of November 27, the price of ACT has fallen back to US$0.4429, and the market value remains at around US$410 million, which is a 50.4% drop from the historical high.

PNUT

Peanut ($PNUT) is a Meme coin issued on the Solana chain , a tribute to New York City's famous pet squirrel, Peanut. Peanut quickly went viral due to adorable videos shared by his owner, Mark Longo, and has endeared himself to millions of fans with his charming personality. However, in October 2024, Peanut was removed from Longo's home and eventually euthanized by the New York State Department of Environmental Conservation (DEC) due to laws prohibiting the keeping of wild animals and concerns about rabies.

The story of Peanut's capture and death quickly became a hot topic. The public's regret for Peanut's misfortune spread throughout the Internet, especially with the "fueling" of public figures such as Musk, making this incident evolve into an American movement, arousing strong indignation and widespread crusade across the Internet.

On October 31st, the squirrel-themed Meme coin PNUT was officially born on the Solana chain. Then on November 3rd, PNUT was first listed on LBank, and on November 11th it was listed on Binance, and welcomed After four consecutive days of surge, PNUT’s currency price soared to a record high of 2.484. US dollars, the market value has exceeded US$2.4 billion. As of November 27, PNUT’s currency price has fallen back to US$1.09, and its market value has remained at around US$1.1 billion, which has dropped 55.71% from its historical high.

The superposition of external attention and internal narrative core creates related narrative FOMO Emotions overflowed, and similar "rescue" narratives and themes began to appear. $JORGIE (a monkey taken away by the police), Free Shayne Coplan (an eagle, a petition after the founder of Polymarket was arrested), etc. appeared one after another, but currently only PNUT maintains Certain market popularity

Summary

The narrative of this round of Meme started from BOME, which was pre-sold, and gradually evolved into AI. Meme, innovation and narrative are endless. Different from traditional VC coins that rely on fundamental analysis, one of the core narratives of Meme is dominated by emotions and is carried by the power of the community. Meme itself has become the carrier of community value and market sentiment, and the myth of sudden wealth. The recurring appearance continues to affect users' nerves. As a new way of asset issuance, AI Meme is automatically distributed through AI, which makes AI + Meme one of the most practical and innovative experiments. < /p>

If Meme in the past was a carnival for ordinary users and retail investors, then this round of Meme Summer has launched a new understanding of the potential of Meme in the currency circle, and many established investment institutions have also personally participated in Meme. Project. In the near future, Meme will inevitably become an indispensable and important puzzle piece in the entire Web3 ecosystem.

After all, greatness cannot be planned. In the history of encryption, how could Bitcoin not be a Meme coin?

At the same time, we need to pay attention to when It is easy to be influenced by social media influencers when promoting new meme coins. However, since many of these tokens do not provide real-world value or practical use, they should be traded with caution. Although there are successful cases of such transactions, large Most people end up losing money because many tokens are engineered from socialvalue in the process. They are also the most prone to pump-and-sell situations, which makes them extremely volatile.

Please make sure you fully research the project and practice good risk management before trading.

Joint publishing unit:

MetaEra:

MetaEra is a leading crypto media agency based in Hong Kong, dedicated to promoting the development of blockchain technology and Web3 ecosystem. Through professional news reports, in-depth analysis and industry insights, MetaEra provides authoritative information and insights to global blockchain enthusiasts and industry practitioners. Its coverage covers areas such as blockchain technology, cryptocurrency market, decentralized finance (DeFi), NFT and the Metaverse.

As an important bridge connecting the global Web3 community, MetaEra promotes industry exchanges and cooperation through diverse forms such as industry events, online seminars, and expert interviews. At the same time, its high-quality content and multi-language communication capabilities have made it a recognized professional media platform in the industry.

Bee Network:

Bee Network is an innovative application based on blockchain technology , aiming to let more users understand and experience the potential of blockchain in a simple way. Users can participate in the Bee Network ecosystem through mobile devices, obtain Bee Tokens, interact with other users in the community, and explore the diverse application scenarios brought by blockchain technology.

Bee Network's vision is to build a safe, transparent and sustainable digital economic platform for users. Its ecosystem plans to gradually expand into payment, transactions and more practical application areas to provide participants with real value experience. While attracting the attention of global users, Bee Network is also constantly promoting technology research and development and community building to support its long-term development goals.