Memes and craziness in 2024


This is part of the Lightspeed newsletter. To read the full editions, Subscribe.


Let's take a moment to reflect on the biggest memecoin highs and lows of the year.

Some currencies made huge gains, filling stockings with profits, while others... It crashed And I burned and gained lumps of coal. Let's take a look at some of the biggest winners and losers in this space, without including any sugar coating.

Political symbols: naughty or nice?

Eat boudinIn a parody of US President Joe Biden, rose 1,548% from $0.06307 to $1.04 before falling 99.74% to $0.00274. At the same time, he inspired Donald Trump Maga rose 4,170% from $0.41 to $17.51, but fell 91.7% to $1.45, after a similar fate.

Parent trap

Iggy Azalea's the mom shine With an increase of 4,798% from $0.004709 to $0.2306, but a decrease of 79% to $0.04837. Unwavering, Azalea has doubled down on the future of its token with Motherland, an online casino project that could breathe new life into the MOTHER token in 2025.

Not to be outdone, Andrew Tate foot Fake follower DADDY, a memecoin designed to counter MOTHER's success and "flip it in favor of the patriarchy." DADDY rose 487% from $0.04917 to $0.2886 before succumbing to a 76% loss to now stand at $0.0684.

Lots of hot air

Vartcoin dawn On the scene in late 2024, it rose 3,052% from $0.04067671 to $1.28 and settled at $1.25.

Likewise, goats (Goatsius Maximus) Paired With sharp humor Viral AI marketingrising 3,002% from $0.04354 to $1.35 before settling at $0.508.

It's snowing on the cats and dogs

Bobcat exploded 14,400% from $0.01413 to $2.05 before settling at $0.7912. The cat in a dog's world (MEW) It grew 1,312% from $0.0009121 to $0.01288, but decreased by 51% to $0.006353. MEW's attempt to challenge the dominance of dog-themed tokens has introduced some friendly rivalry into the memecoin ecosystem.

Bonk, Solana I Dog themed currency, He went up Just 210% from $0.0000188 to $0.00005825. In comparison, Dujoyfat (WIF) excelrising 2,292% from $0.201808 to $4.83 before settling down 56% at $2.12.

ChillGuy, based on the "Just a Chill Guy" meme, rose 10,789% from $0.00604 to $0.6575, but fell 71% to $0.1898. Artist Philip Banks condemned the token and took legal action over its use.

Girls Fired After the viral euthanasia of Peanut the Squirrel, it rose 7,554% from $0.03187 to $2.44, but fell 71% to $0.6981. The token track has been mired in controversy, with Peanut's owner condemning its creation and seeking to shut it down.

Moding, Inspired By viral Little Thai hippopotamusrose 4,300% from $0.01545 to $0.6804 but has since fallen 62% to $0.2576.

For every coin that went up, there were 10 that crashed, proving time and time again that memcoins give and memcoins take.

So, whether you're celebrating the winners or mourning the lumps of coal in your wallet, just remember that chaos is the only constant in crypto — and it doesn't care if you're naughty or nice.


Start your day with the best cryptocurrency insights from David Kanellis and Katherine Ross. Subscribe to the Empire Newsletter.

Explore the growing intersection between cryptocurrencies, macroeconomics, politics, and finance with Ben Strack, Casey Wagner, and Felix Goffin. Subscribe to the Forward Way Newsletter.

Get alpha straight to your inbox with 0xResearch Newsletter - Market highlights, charts, trade ideas, management updates, and more.

The Lightspeed Newsletter has everything Solana, in your inbox every day. Subscribe to Solana Daily News By Jack Kopenick and Jeff Albus.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *