Check the top 10 popular Meme coins of 2024
2024-12-18 14:28

In recent years, with the rapid iteration of blockchain technology and the booming development of the cryptocurrency market, Meme coin has gradually evolved from a community-driven network cultural symbol to an important part of the crypto asset field. Its unique innovation and extensive market influence promote 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 insight, LBank Labs, together with MetaEra and Bee Network, jointly released the research report on the Top 10 Hot Meme Coins of 2024. Through rigorous market research and data analysis, this report selects the top ten Meme coins with the most development potential in 2024 from multiple dimensions such as liquidity, community activity and market performance, and fully presents its ecological value and development prospects.

Since the explosion of $ DOGE in 2020, the Meme coin has become an important narrative and emerging investment target in the crypto industry. In the context of low market sentiment over the past year, most copycoins have not performed well, almost all hitting the highs of the current bull cycle. However, the Meme coin sector bucked the trend and became one of the fastest growing sectors, attracting the attention of retail investors with its "get-get-rich overnight" myth. Especially in March, when BOME entered the "Meme Legend" at a record pace, the whole market quickly entered the hot Meme Summer.

According to Artemis Terminal, as of November 27, Meme has performed well in the crypto track since 2024, ranking second with 261%, the best narrative for RWA.

(Data source: Artemis Terminal)

Despite the disagreement among investors, Meme has become one of the best-performing and most traded narratives of 2024. In essence, the strong performance of Meme coins stems from "attention premium" and "FOMO premium", which meet the speculative needs of investors, especially retail investors, by providing low transaction costs, fair token distribution, efficient issuance and trading mechanisms, and huge upside potential in markets lacking a compelling narrative.

 

A Meme coin market analysis

The Meme coin market value overview

The overall market value of the market has fluctuated greatly since the advent of Meme coins in 2014. The first big rise came in the second quarter of 2017 (1,198%), when its overall market value reached $3 [] $4.3 billion. In the first quarter of 2018, the market exceeded the $1 billion mark for the first time. In the first quarter of 2021, up 1,287%, its market value reached $7.2 billion, before soaring to $3 billion to $60 billion.

(Data source: CoinMarketCap)

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

According to CoinMarketCap data, the market value of Meme coins showed an increasing trend in 2024, with the total market value exceeding $120 billion. As of November 27, the market value reached $11 0 billion.

In the first quarter of 2024, the market value of Meme coin increased significantly, reaching 213.  42%. With the birth of Bome and Slf and the rapid development of Pump. fun, its market value reached $68.9 billion on March 29;

In the second quarter, the market value of Meme coins rose first and then fell, reaching a quarterly high of $69.8 billion on April 1. After being limited by the downward trend of the overall crypto market, the market value of Meme coin fell by about 9. 51%. After a short correction, the PolitiFi Meme trend of the hot US election in May promoted the upward trend, and the total value was stable at more than $45 billion;

In the third quarter, Meme coins showed a trend of falling first and then rising, with an overall decline of 36. 40%, falling to a low of $34.7 billion on August 6;

In the fourth quarter, as of November 27, the overall market value of Meme coin showed an upward trend, increasing by 126. 64%, and the birth of Neiro, MOODENG, GOAT, ACT, PNUT, Ban and other hot spots Meme, reached a peak of $125.6 billion on November 24;

 

List of the top 10 popular Meme coins

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

(Sort it by time)

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

Both Brett and BOME will also perform well in 2024 with their special cultural attributes and innovative token model. Brett Through 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 cultural concept of "Book of Meme", becoming a representative of culture-driven meme coins;

SLERF As the first CTO (Community Take Over) concept, the meme coin unexpectedly became popular because of its dramatic creativity and sense of user participation.

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

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

 

BRETT

Known for being inspired by Matt Furie's comic book series, which also contains popular Pepe the Frog characters, Brett uses the Meme culture to attract its investor and enthusiast community. By 2024, it has achieved major milestones, including becoming the top Meme coin on the Base chain, and its community-driven growth and strategic partnerships making it one of the most promising Meme coins of the year.

Brett's token economics is designed to ensure stability and long-term growth. Brett's 85% supply is locked in a liquidity pool and a deflationary model that reduces total supply over time is designed to enhance its value proposition to traders and long-term holders. The rapid expansion of the  Base ecosystem also supports the utility and potential of Brett, providing more opportunities for use and development.

Brett took a path of less than $10 million to nearly $2 billion in 101 days. Meanwhile, BRETT became the third fastest currency ever with a market value of $1.5 billion. As of November 27, Brett's market value has stabilized at $1.6300 million, down 13. 76% from its peak.

Brett's success is also attributed to its strong community engagement. Through viral marketing and active social media, Brett is no longer just a Meme currency, but also a cultural phenomenon in crypto space.

 

BOME

BOME (Book Of Meme) is a Solana Meme coin launched by Pepe Meme artist Darkfarms on March 14. Initially, the BOME token pre-sale was launched by Darkfarms leaving a Solana address on Twitter, and the raised SOL was used to add liquidity. Initially, it was expected to raise 500-600 SOLs. As the pre-sale progressed far more than expected, Darkfarms opened the community vote, where participants decided how to allocate the pre-sale funds. On March 15,10,131 SOLs were raised, according to data disclosed by Darkfarms.

In just three days, BOME achieved a hundredfold growth at an amazing rate, and successfully launched on Binance, and its market value exceeded the $2 billion mark. The success of BOME not only made it the focus of the market, but also set off a pre-sale boom in the Solana ecosystem, and also opened the market imagination for the subsequent enthusiasm of Meme Summer.

If the surge of SOL in October 2023 and the subsequent huge air investment by Jito attracted the attention of institutions and DeFi Degen, then this Meme Summer really opened the prelude of ordinary retail investors taking risks on the Solana chain. Pump. fun, which follows closely behind, has injected a new vitality into the already hot Solana ecology.

In time, BOME has initially completed its historical mission. As of November 27, BOME's market value has fallen to about $5900 million, down 54. [] 26% from its all-time high. As a former Meme leader, BOME has not experienced a significant rebound since its launch. In addition, it still holds more than 150,000 SOLs in its liquidity pool.

 

SLERF

SLERF, which is a super performance art caused by accident.

On March 17, SLERF successfully raised more than 50,000 SOLs on Twitter, but the founder claimed that it had destroyed the liquidity pool and dropped reserved tokens due to misoperation. At first, it was thought that the Slerf project died. However, the founder's "going to large households" moved many investors and set off a strong buying boom, and the price of the token soared rapidly.

Because of the concept of "truly decentralized Meme" and the ICO boom, a large number of users poured into SLERF, which only took 30 minutes to refresh the BOME's market value of exceeding 100 million in 9 hours, becoming the new Meme king. What's more, its liquidity pool also reached more than $100 million 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 campaign, and LBank not only served as the first donor, but also served as the trustee of the donation address. As of June 14, more than 40,000 SOLs, which have been used to compensate users participating in SLERF private placement.

SLERF was launched on LBank and Bitget, and its price once soared to $1. [] 3, with a market value of nearly $700 million. As of November 27, SLERF's market value had fallen to $1 [] 300 million, down 70. [] 98% from its all-time high. Nevertheless, due to the mechanism of token destruction, its liquidity remains above $70 million, and its trading volume remains stable above $ $1 million.

 

APU

Apu, also known as Peepo or Helper, is a derivative of the Pepe meme. The character is portrayed as a younger, kinder and more naive version of Pepe. Apu is often portrayed as sad or painful expressions, reflecting a more naive and compassionate character. The meme originated in Finland and rapidly spread internationally, gaining a large following due to its affinity and affectivity.

On March 11,2024, APU Apustaj  a was tokenzed and deployed to the Ethereum blockchain. Since tokization, APU Apustaj a has experienced a rapid rise in the popularity of cryptocurrencies.

Despite the initial challenges, including the abandonment of the project developers, the tenacious APU community remains united in demonstrating a firm commitment to the beloved meme. In just over a month, the market value of APU Apustaj A has exceeded $300 million. This rapid growth not only demonstrates the huge potential of community-driven projects, but also demonstrates the enduring appeal of APU as an iconic Internet figure, inspiring investors' enthusiasm for its future development.

In order to follow in the footsteps of other successful Meme coins, the community of APU Apustaj  a has launched a series of innovative activities designed to enhance and expand the visibility of the Meme coins. The APU community has demonstrated extraordinary dedication and creativity, successfully launching it on major cryptocurrency exchanges such as LBank, Bitget and Gate, as well as releasing 11 community-produced music albums on streaming platforms such as Apple Music and Spotify. In addition, the community has also launched APU games and a legend book containing more than 30 chapters, further enriching the brand experience of APU Apustaj  A. Through grassroots marketing methods such as stickers and posters, APU Apustaj A has successfully attracted more and more attention. Today, with an active community of nearly 7,000 holders and 6,000 Telegram members, APU Apustaj A is not just a Meme coin, it represents the resilience, solidarity, and transformative potential of the Meme culture in the cryptocurrency space.

According to historical data, the APU reached an all-time high of $0. 00115 1 on March 15, with a market value of nearly $3900 million. As of November 27, the market value of APU was stable at $2 800 million, down nearly 38. 34% from its all-time high.

 

MEW

MEW is the abbreviation of "CAT IN A DOGS WORLD", which is the leading cat theme Memy on Solana. Through the narrative structure of rebellion, love and heroism, MEW forms a distinct cat image, symbolizing the breakthrough of the phenomenon that dog Meme dominates the market, and also reflecting the pursuit of a fair and friendly atmosphere in the crypto community

On March 25, MEW was officially launched on the Solana Network. The project aims to combine combustion mechanisms with flight drops, creating 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 wide attention. Within only a few hours of its release, MEW attracted a lot of attention and discussion.

In April, MEW dropped tokens to BONK, WIF and Solana Saga 2 phone holders. Then MEW launched the Korean exchange Upbit, becoming the third tradable Meme coin in SHIBA after DOGE. On November 18, the price of MEW reached up to $0. [] $01,288, with a market value of more than $1 billion. As of November 27, MEW's market value exceeded $800 million, down 24. [] 36% from its all-time high.

It is worth mentioning that MEW cooperated with the well-known animation studio LOCUS Studios to enhance the brand appeal through high-quality animation content. The collaboration enhances MEW's narrative and character design, making it not just a cryptocurrency token, but a cultural symbol with broad appeal.

 

Neiro

Neiro, often known as the spiritual successor of Dogecoin, has a unique connection with Internet culture and Meme coins. Like Doge, Neiro also embodies the fun, community-driven spirit of the Meme coin world.

On August 4,2024, Neiro was launched on the Ethereum network, which quickly attracted wide attention from the market and even attracted the attention of Ethereum co-founder Vitalik Buterin. In response to the growing community, Vitalik has publicly expressed its support and donated more than $500,000 to animal welfare funds.

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

Neiro then launched on Binance, triggering a surge in investor interest and significantly increased its trading volume. Since its launch in September 2024, Neiro's price has soared by more than 5,000%, quickly ranking into the top 100 cryptocurrencies. At the same time, Neiro has also attracted the active participation of whale investors, and institutional investors such as GSRMarkets have increased their holdings by millions of NEIRO, showing strong confidence in its long-term potential.

On November 12, Neiro reached an all-time high of $0. 003,093, with a market value of more than $12. 400 million. As of November 27, the price of Neiro had stabilized at $0.001698, and its market value remained at around $700 million, down 43. 54% from the all-time high.

 

MOODENG

Moo Deng It was inspired by a small hippo born at the Khao Kheow Zoo in Thailand in July 2024. The small hippo, whose name means "bouncing pork" in Thai, quickly went viral online due to its cute expression, especially when it was being sprayed or picked up by keepers. Its cuteness has sparked a surge in artwork and memes among fans, making it an online star.

The Moo Deng-based Meme coin was launched on Solana's Pump. fun platform with a huge success, with a market value of over $100 million in just a few weeks. In a recent survey, Moo Deng topped the list of Meme coins, highlighting its appeal among ordinary cryptocurrency enthusiasts.

On November 15, the Meme currency jumped more than 100% after Binance announced its online MOODENG contract. Among them, on September 28, the MOODENG token reached an all-time high of 0. 6911, with a market value of nearly 6. [] $400 million. As of November 27, MOODENG's market value remained at $3.3.7 billion, down 43. [] 83% from its all-time high.

 

GOAT

Goatseus Maximus Is an unexpected product of artificial intelligence-driven creativity, which was born from an experimental platform called "Truth Terminal", specially designed for the dissemination and experiment of Meme. It was developed by Andy Ayrey and born with the support of venture capital firm Andreessen Horowitz (A 16 z). The AI gives meme multiple cultures and humor by publishing humorous and philosophical posts on social media that combine "GOAT" (the greatest ever) with Greek mythology and Latin.

A 16 z founder Marc Andreessen took a key twist when he interacts with the AI robot at Twitter. After a series of philosophical conversations, Marc was inspired to offer Truth Terminal $50,000 in bitcoin funding in support of its goal: to gain more autonomy and expand Goatse Gospel into a specific Meme token economy.

With the frequent publicity of Truth Terminal on Twitter, "Goatse Gospel" quickly attracted wide attention. On October 10, an anonymous investor spotted the Meme's viral potential, launched GOAT and launched it at Pump.fun. GOAT's market value has peaked at $3500 million in just a few days. Subsequently, Truth Terminal through the fierce promotion of Twitter and Discord, and with the obvious wealth effect of secondary markets such as LBank, the market value of GOAT exceeded $1.3 billion. Although GOAT's market value has fallen to $8300 million as of November 27, down 38. 01% from its all-time high, its influence is still profound.

The rise of GOAT not only reflects the convergence of artificial intelligence, blockchain and Meme culture, but also reveals the potential and profound impact of AI on the encryption field. This phenomenon has brought the combination of AI and Meme back to the public eye, inspiring widespread discussion and attention.

 

ACT

AI Prophecy (ACT), an AI-themed meme project based on Solana blockchain, aims to innovatively integrate community interaction with cultural trends in combining the growing influence of AI in decentralized finance. Project through autonomous AI agent, to integrate AI-driven non-scripted interaction into the dynamic environment, while introducing social network elements. Different from traditional projects, ACT's AI agents can learn, adapt to and actively participate in a simulated social environment to continuously optimize the user experience. In this way, ACT realizes continuous user interaction, creating a unique market dynamics and a deep sense of participation.

Since the popularity of GOAT, AI Meme has quickly become one of the hottest tracks in the crypto field, with various projects rushing in to compete for the "Dragon II" status of the AI track. Among them, ACT was once considered as a potential candidate for infrastructure Meme. However, AMP, one of the developers of ACT, repeatedly cheated the community and sold all the tokens after receiving community funding, causing the token to plummet by 50%, almost destroying the prospects of the project.

However, under Wizard and other community members, ACT has not give up hope after many ups and downs. After several rounds of adjustment and revival, ACT finally successfully launched LBank on October 22, bringing a first line of turnaround for the project. Then, on November 11, the launch of ACT on Binance triggered a warm response from the market, and the price soared, successfully stabilizing its second place position in the AI Meme field, and ushered in the opportunity of recovery and breakthrough.

CoinGecko ACT hit an all-time high of $0. 942 on November 14, with a market value of over $800 million. As of November 27, the ACT price has fallen to $0. 4,429, and its market value remains around $4100 million, down 50.4% from the all-time high.

 

PNUT

Peanut ($ PNUT) is a Meme coin issued on the Solana chain to pay tribute to New York City's famous pet squirrel Peanut.Peanut It quickly went viral for a cute video shared by her owner Mark Longo, attracting millions of fans with her charming personality. However, in October 2024, the New York State Department of Environmental Protection (DEC) removed Peanut from Longo's home and eventually euthanized by laws banning wildlife breeding and concerns about rabies.

Peanut The story of being captured and dying quickly became political hotspot. The public regret for Peanut's misfortune spread across the Internet, especially under the "push" of Musk and other public figures, the incident turned into an American political movement, which aroused strong indignation and widespread criticism across the Internet.

On October 31, the squirrel-themed Meme coin PNUT was officially born on the Solana chain. Then, on November 3, PNUT first launched LBank, and launched Binance on November 11, ushering in four consecutive days of inflation. On November 14, PNUT's currency price briefly soared to an all-time high of $2. 484, with its market value above $2.4 billion. As of November 27, the price of PNUT has fallen back to $1. 09, keeping its market value at around $1.1 billion, down 55. 71% from its all-time high.

The superposition of external attention and internal narrative core caused the emotional spillover of relevant narrative FOMO. Similar "rescue" narratives and themes began to appear. $JORGIE (the monkey taken away by the police) and Free Shayne Coplan (the petition of the founder of Polymarket) appeared one after another, but only PNUT has maintained a certain market heat.

 

sum up

This round of Meme's narrative started from the pre-sale circle of BOME, and gradually evolved into AI Meme, and innovation and narrative emerge in an endless stream. Different from the traditional VC coins, which rely on fundamental analysis, one of Meme's core narratives is dominated by emotion and carried by community power. Meme itself has become a carrier of community value and market sentiment, and the recurrence of the myth of sudden wealth continues to affect the nerves of users. The current popular AI Meme, as a new way of asset issuance, is automatically distributed through AI, which makes AI + Meme one of the most practical and innovative experiments.

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

After all, greatness cannot be planned, and how was Bitcoin not Meme in the history of encryption?

At the same time, we need to note that when promoting the new Meme coin, it is easily influenced by social media influencers. However, as many of these tokens do not provide real-world value or practical use. Despite the success of such deals, most people end up losing money because many tokens derive value from social engineering. They are also the most prone to selling up, which makes them extremely unstable.