Memecoins
Meme Coins Record the Highest Average Returns Among Major Cryptocurrencies by Market Cap in Q1 2024
According to a report by CoinGecko, the meme coin sector recorded the highest returns among all top-ranked cryptocurrencies by market capitalization during the first quarter of this year.
Meme coins have seen returns averaging 1,312.6%, making them some of the most rewarding coins and tokens to own.
Meme coins brought the highest returns in the first quarter of 2024
The report states that meme coins launched in March this year finished among the top 10 largest meme coins in terms of market value by the end of the quarter. Many of them skyrocketed after launching, which resulted in huge increases in their market capitalization.
An example that comes to mind is Book of Meme (BOME), followed by Brett and cat in dogs world (MEW). These were all trending cryptocurrencies for weeks during the first quarter of this year, with BRETT recording the highest returns of 7,727.6% by the end of the quarter.
Dogwifhat (WIF) has also entered the list of the most rewarding coins, recording a growth of 2,721.2% on a year-to-date chart. Most of these coins were launched on Solana, which is why SOL has seen a massive surge over the past six months.
BUY $WAI NOW! IT COULD BE THE NEXT MEME COIN TO EXPLORE
Specifically, the coin is up about 800% since May 2023, and while its surge wasn’t entirely caused by the meme industry, the meme coin frenzy certainly contributed.
CoinGecko’s report concluded that the meme coin narrative proved to be 4.6 times more profitable than the best-performing crypto narrative of tokenized real-world assets (RWA). On top of that, it was 33.3 times more profitable than Layer 2 narratives, which had the lowest returns over the same period.
WienerAI: The Next Big Meme Coin?
With most successful meme coins already blowing up in their pre-sales, followed by extremely rewarding post-launch performance, there’s an argument to be made that the tokens currently on pre-sale could be even more rewarding to hold once next year. big rally will come later this year or early 2025.
Some are expecting the rally as historical data shows that it typically occurs 6-12 months after Bitcoin has gone through a block reward halving. With the latest halving in April, buying pre-sale cryptocurrencies right now, such as WienerAI (WAI), could bring high returns.
BUY YOU WILL WIN BEFORE THE PRE-SALE CLOSES
WienerAI, however, is much more than just a meme coin. Despite its imaginative design, the project is equipped with advanced technology, including a unique design that allows for the easy addition of new features, almost guaranteeing its long-term relevance. Simply put, whenever a new trend emerges, WienerAI will be able to evolve and incorporate its core values.
Beyond that, the project has created the most advanced AI-based trading assistant that uses predictive technology to help investors find the best trading/investment opportunities.
Many have already recognized its potential, which is why WienerAI has raised over $2.45 million as of this writing. Its token sells for $0.000709 and can be purchased with ETH, USDT, BNB, or credit/debit cards.