In 2024, the Memecoin track emerged unexpectedly, growing a super cycle in mixed praise, which once surprised many Old Money.

In the Memecoin trading battlefield, there are genius fraudsters who set a "wealth trap" with cunning means, big hands who game in the market with accurate judgment and operation, king with goods who use their own influence to bring traffic to tokens, and King who shout single orders about the market trend... These people of the year took the stage and together created a carnival of Memecoin.

Alon

Fraudsters, big hands, the king of carrying goods... Memecoin's Person of the Year 2024

Without the Meme launch platform Pump.fun, the Meme fest would have been half as big. So in that sense, Alone is a key player in setting off the Memecoin craze in 2024.

Alon created and launched the Pump.fun platform in January 2024, which provides a place for users on the Solana blockchain to create and trade cryptocurrencies, allowing users to create Solana tokens for free in one minute.

As of December 26, 2024, the platform has created more than 5 million Memecoins, including some of the larger Memecoins, such as Billy, Michi, Shark Cat, and others. The platform has also laid the foundation for mass manufacturing of memecoins by celebrities such as Lggy Azalea's MOTHER token, Andrew Tate endorsed DADDY, and Jason Derulo's JASON.

Although mass manufacturing of Memecoin can oversaturate the market, it is undeniable that Pump.fu provides a platform and opportunity for Memecoin development and innovation, which has a profound impact on the development of the entire Memecoin ecosystem.

Murad

One of the top Memecoin Kols of 2024 and known as the "Meme theologian".

Murad has two main deeds, one is the success of investing $SPX, and the other is the fame of putting forward the Memecoin Supercycle theory.

Murad believes that Memecoin is gaining attributes and speculative premiums from value coins, and will enter a "Meme Supercycle" in which Memecoin will not only surpass traditional cryptocurrencies, but also change investor behavior and market trends. Memecoin will evolve from a simple online joke to a legitimate investment asset with a passionate following.

When Murad first owned $SPX, the currency's market value was just $10 million. Today, it has soared to more than $700 million, with a floating profit of $8.3 million. While holding the currency, he actively spread his investment ideas on Twitter. His position and order behavior had a certain impact on the price trend of these currencies, and also attracted the attention and follow of many investors. In addition to $SPX, Murad also holds giga, pepe, sigma, apu, and popcat, with a preference for the "cult" Memecoin with a mid-to-high market cap.

According to Murad's own summary, he mainly adopts a "price and faith index" investment strategy, which argues that investors should look for projects that are high in faith but low in price: undervalued Memecoins that meet most of the screening criteria, often miss one or two metrics, are easy to improve, and have extremely enthusiastic community support.

After his appearance and speech at Token2049, Murad's status in the Memecoin circle reached a new level, and more investors began to study Memecoin - even some VCS - because of his systematic Memecoin investment and strategy.

Ansem

Another KOL among the top Memecoin Kols in 2024 can be ranked alongside Murad.

However, compared with Murad, Ansem has a heavier trading label and considers technical analysis more important than fundamental analysis. Ansem has attracted market attention mainly for its investments in BONK and WIF. On October 30, 2023, Ansem published X "bonk great coin" on social media and first recommended BONK, at which time the price of BONK was only 0.0000005618 US dollars. Subsequently, BONK skyrocketed, and by March 2024, the price of BONK once exceeded $0.000045, an increase of more than 80 times.

As for WIF, it can be said that Ansem has shouted to 3 billion market value step by step. On December 12, 2023, Ansem claimed on social media that only WIF has the potential of SHIB, and on December 16 tweeted X "WIF = SHIB". Within four months, the price of WIF soared from $0.09 to a record high of $4.85, an increase of more than 520 times.

Due to the frequent recommendation of some small market value Memecoin resulting in follower losses, Ansem is currently carrying some saliva lawsuits, there are other KOL accused Ansem of openly "cutting leeks", and in the face of accusations, Ansem said that he is only in the selection of the best transaction in the market, can not ensure that every transaction is successful. But it helps more people than it hurts. Some analysts test investment returns through Ansem's previous recommendations, and most currencies will turn into negative returns if they are bought after Ansem recommendations.

Sahil Arora

Because of the "crusade" by a number of stars, when things were blown up, the fraudster from India once hit the market, causing a large number of investors to lose.

Sahil Arora is a serial entrepreneur, starting a number of crypto projects between 2020 and 2023, which ended in failure, but made it a lot of profits.

In 2024, Sahil Arora found an opportunity on Memecoin, using his Instagram presence and authentication mark to reach out to celebrities and partner with them to issue tokens. Helping these celebrities issue Memecoin, typically holding 25%-40% of the token supply, quickly sells the tokens after the celebrities' tweets, treating the celebrity fan's investment as his "exit liquidity."

For example:

Spent $200,000 on Jason Derulo to tweet about promoting the token;
Signed a contract with Caitlyn JENNER to issue the token Jenner for her and agreed to pay a $50,000 upfront payment and 80% of the revenue, but the partnership turned into a farce, with Jenner accusing him of breach of contract and publicly ranting that he had lied to her and owed her "a lot of money";
Issuing tokens for celebrities such as Rich the Kid and Lil Pump, who have also teased similar encounters;
According to data firm Bubbleworks, Sahil Arora has earned around $30 million this year by publishing Memecoin for celebrity agents.

Lggy Azalea

Australian rapper Lggy Azalea should be leading the celebrity Memecoin trend for 2024. In fact, Sahil Arora also tried to help Lggy Azalea launch Memecin $LGG, but it wasn't very successful.

LggyAzalea decided to self-publish Memecoin. The cause was that she found someone posing as her on Telegram to issue coins, so she launched the token MOTHER on Pump.fun on May 28, 2024, and focused her X account with 7.6 million followers on promoting MOTHER coins. Deleted all posts before May 29, published 2,245 posts about MOTHER, also placed a link to MOTHER's Telegram channel on Instagram, and suspended her OnlyFans, directing followers to the Telegram channel. In the week following its release, the price of MOTHER Coin soared by 1,200%.

LggyAzalea has since appeared on multiple community Spaces, interacting with community members, replying via voice message, and appearing on the ThreadGuy podcast to share his insights on cryptocurrencies and Web3.

As Memecoin has grown in popularity, Ethereum founder Vitalik Buterin has expressed dissatisfaction with the celebrity Memecoin craze, arguing that the coins are only meant to enrich celebrities and early users and have no practical use. LggyAzalea then put V on the bar and released a meme of himself holding a V God baby, saying that "he was angry and hungry", and the price of random $MOTHER tokens rose 150% at one point, which also led to the "family token" tide, such as $DADDY, $SON and other tokens.

LggyAzalea will not only fight, after V God, she opened an online store, which can only use MOTHER to buy T-shirts and other goods, but also announced that you can use MOTHER or SOL to buy mobile phones, monthly mobile phone service packages, etc., to avoid the nothingness of the value of $MOTHER.

Caitlyn Jenner

Caitlyn Jenner is an American Flag TV personality and former track and field athlete. Like Lggy Azalea, Caitlyn Jenner's own media presence and public profile drew more attention to memecoin, but unlike her, Caitlyn Jenner's Memecoin launch was not a success and ended up getting sued by investors.

In May 2024, Caitlyn Jenner issued a token called $Jenner on Pump.fun, Posting a photo of shaking hands with Trump through her Twitter account with a link to the $Jenner token, and circled several famous crypto Kols, They call them "crypto kings." This was followed by a Story about the $Jenner token, which was also retweeted by its broker Sophia.

Since Caitlyn Jenner had not been involved in crypto before, her followers suspected that her account had been stolen. However, Caitlyn Jenner said that her account was not stolen, and posted a video of herself to refute the rumors, saying that $Jenner was indeed posted by her team.

During the period when the price of the currency fluctuated greatly due to various doubts, Caitlyn Jenner's Twitter account called Space, where her broker Sophia intended to refute the rumors herself. However, Sophia stated in Space that the team might have to issue a new token, and the market began to sell $Jenner, although Caitlyn Jenner later declared that the team would only focus on $Jenner and would not launch other tokens, which did not help.

According to Lookonchain, Caitlyn Jenner earned 2,381 SOL (about $405,000) by launching 12 MEMEcoins on Solana in the last 4 days in May 2024.

On November 13, 2024, Naeem Azad and Mihai Caluseru filed a class action lawsuit in federal court in California as British and Romanian citizens, respectively, Caitlyn Jenner and her manager, Sophia Hutchins, were accused of fraudulently soliciting investors to buy unregistered securities, causing them to suffer significant losses.

If Caitlyn Jenner spent $400,000 of her fans' value, and drew criticism from officials, I wonder if she felt the loss was worth it.

James Wynn

The annual new call single king, once because of heavy warehouse PEPE crazy $25 million, but also because of ugly and overturned.

James Wynn bought PEPE currency quickly within one day of its launch, and called for a large number of orders on Twitter. On April 16, 2023 alone, he released at least 24 promotional content about PEPE currency, helping PEPE currency to rise in popularity on social media. Attracted more attention from investors and the Meme community.

On May 1, the price of PEPE coin increased by 100 times compared with the cost of James Wynn. James Wyn was found to have transferred his PEPE coins to multiple new addresses, and gradually collected his assets to the main wallet jwynn.eth through the operation of multiple wallet addresses. Finally transfer funds to the exchange address. According to media statistics, James Wynn made about $25 million in the surge of PEPE tokens, and the principal was only $7,644.

James Wynn then started calling for ELON tokens. On April 24, 2024, James Wynn tweeted, "I feel like I have a 1000x for you guys, who wants one?" One hour before the release of the tweet, he had just completed the layout of two accounts in ELON token, and then published the relevant information about ELON token, and the price of ELON token rose nearly 100 times in a short time.

On April 27, ELON's price suddenly dropped by 70%. James Wynn then announced on Twitter that he had liquidated his position and said that there was a problem with the ELON token, when in fact he had cleared his position with another, less commonly used address as early as 3 o 'clock on the 25th, and his clearing behavior led to the collapse of the ELON coin. According to statistics, James Wynn in the process of this operation, the two accounts are in the top ten profit list, earning about $350,000.

Since James Wynn's liquidation behavior directly led to the collapse of ELON's price, it destroyed James Wynn's image in the community and was directly accused of cutting leeks.

Justin Sun

You got to have a grandson for a gala like this.

In August 2024, TRON launched the SunPump Beta version, known as the first Memecoin platform in the TRON ecosystem with the concept of fair distribution. SunPump can be understood as the standard Pump.fun. Although Tron claims that SunPump is not Sun Yuchen's project, Sun Yuchen will still be associated with SunPump in the public mind.

After SunPump was launched, Sun Yuchen spared no effort to promote it, and predicted that the tron chain would soon give birth to Memecoin with a market value of more than $1 billion, saying that TRON and Meme culture were deeply integrated.

In addition, Sun Yuchen is also laying out other areas of Memecoin. For example, it invested $10 million in Shib's fork token SHIB Ultra, making it the largest investor in the project.

In 2024, Sun Yuchen's most prominent Memecoin event was "expensive bananas". He took a $6.24 million photo of Italian artist Maurizio Cattelan's conceptual artwork "Comedian" (a banana taped to the wall) and ate it on the live broadcast to pay tribute to Meme culture, thus sparking public discussion on Meme culture. Through this event, he successfully combined art and Meme culture. And let the Meme spread.

Elon Musk

Elon Musk is already the weight of the cryptocurrency circle, although he did not deliberately promote the historical process of Memecoin, but in the history of Memecoin development there must be his pen. Elon Musk believes that meme is a kind of modern art that can efficiently convey information and emotions. He once said, "Whoever controls meme controls the world." This sentence reflects his understanding of Meme culture.

Elon Musk's most widely recognized Memecoin investment is Doge (Dogecoin). In 2020, Musk began to frequently tweet about Dogecoin, such as "dogetothemoon" and other tweets, pushing Dogecoin from a relatively niche cryptocurrency tothe view of global investors. In early 2021, the Tesla CEO's tweet "doge" coupled with the rocket emoji caused the price of Dogecoin to skyrocket, breaking through the historical mark of $1. In addition, Musk had planned for Tesla to accept Dogecoin payments, but the plan was later suspended. In April 2023, Musk changed the X icon to a Shiba Inu, and Dogecoin rose by 30% that day. In 2024, Muskke sparked a bullish trend in Dogecoin by paying tribute to Kabosu, the original dog behind the Dogecoin meme, in an X post.

In addition to Dogecoin, Musk has no intention of picking up some Memecoins (note that this is not the same as calling orders) :

In December 2023, Musk announced that he would launch the first AI model, GROK, and Memecoin of the same name was subsequently established, which rose five times in two days (although some people revealed that GROK was created by scam artists, and the coin later plummeted);
On January 9, 2024, Musk changed his Twitter profile into a chief Troll Officer (CTO), and the TROLL coin price soared.
On January 16, 2024, Musk released a Meme diagram, and because the text above contains Meme and SMILEY elements, the price of the previously deployed token Smiley on Ethereum rose accordingly, with an increase of 895% in one day;
Musk's words and deeds have been concerned by the cryptocurrency circle, and the market often poured out a large number of Memecoin creations based on his theme or inspired by him, such as the "ClosedAI" token, which rose more than 2,800% in three hours after Musk criticized OpenAI.

Musk recently changed his Twitter profile picture to a Meme resembling Pepe the frog and changed his name to Kekius Maximus. PEPE rose in response, and several memecoins of the Kekius Maximus concept also began to soar briefly.

Donald John Trump

The incoming US President and former president, Donald John Trump, is often seen with Musk and brings some Memecoin trading opportunities. So far, at least, Donald John Trump is on the innocent side.

In May 2024, when attendees at the Trump Card NFT gala at Mar-a-Lago introduced him to the $240 million "boden" meme coin, Trump said, "I don't like that investment." But then, the meme coin rose as much as 25 percent on Wednesday, reaching as high as $0.42.

On August 12, 2024, the Trump-related $TRUMPMemecoin, where traders allegedly spent 0.052ETH (about $96 at the time) to buy 608,650 "TRUMP" tokens, soared to $788 million by June 2024.