Krutika Adani
Memecoins have been the most profitable crypto sector in the 2024 bull rally, beating other sectors like RWA and AI.
In percentage terms, Solana and Base memecoins were the best performers, with 8.44% and 4.61% web traffic share, respectively.
Despite extended losses in the overall markets, memecoins held their ground firmly and outperformed the entire market.
Among Solana and Base memecoins, Bonk, dogwifhat, and Book of Meme were top performers.
The Q2 also saw the emergence of celeb-backed memecoins and PolitiFi memecoins such as DADDY and MAGA.