- The top ten meme coins exhibited an average return of 1,312.6% in Q1 2024.
- Meme coined BRETT recorded 7,727.6% compared to its launch price.
- RWA tokens saw an average gain of 286% in the year’s first half.
Prominent market tracker CoinGecko has highlighted the eight crypto narratives showing the most promise for investors amid this bullish market. Meme coins topped the list, with the most exceptional profitability score for the first quarter of 2024.
In particular, the report revealed that the top ten meme coins exhibited an average return of 1,312.6% between January 1 and March 31.
Top 8 Most Profitable Crypto Narratives in 20241. Memecoin – 1313%
2. RWA – 286%
3. AI – 222%
4. DeFi – 99%
5. DePIN – 81%
6. Layer 1 – 70%
7. Gaming – 64%
8. Layer 2 – 39%
— CoinGecko (@coingecko) April 3, 2024
CoinGecko underscored that among the top-performing meme coins, three newly launched tokens emerged around March. It includes Brett (BRETT), BOOK OF MEME (BOME), and “cat in a dogs world” (MEW).
By the end of Q1, BRETT boasted the highest returns, reaching 7,727.6% compared to its launch price. Solana’s Dogwifhat (WIF) followed closely with a quarter-to-date (…
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