🚀 Meme Tokens Are Outpacing Crypto Giants in Popularity

posted  3 Oct 2024
Photo - Meme Tokens Are Outpacing Crypto Giants in Popularity
CoinMarketCap’s Q3 report, which analyzed user behavior, revealed that meme tokens have become the most popular crypto category. Over the last three months, their popularity has maintained an average of 20.68%.

The Solana ecosystem secured second place at 13.95%, while Ethereum’s ecosystem took third with 11.95%. Ethereum has seen partial growth thanks to a dip in Solana’s popularity. Metaverses came in last with a 4.2% share, continuing to post weak results.
Most Popular Categories. Source: CoinMarketCap Official Website.

Most Popular Categories. Source: CoinMarketCap Official Website.

In the meme category, the top tokens by popularity were nearly evenly split: Shiba Inu (21.92%), Pepe (22.72%), DOGS (22.65%), and others. Meanwhile, in the Solana and Ethereum ecosystems, their native coins dominate: Solana (55.27%) and Ethereum (42.14%). In the gaming category, Notcoin stood out with a 49.48% share.

Analysts also observed that Bitcoin remains the most popular cryptocurrency globally, holding over 50% of user interest. Oceania shows the greatest interest in Bitcoin (52.38%), while Africa has the lowest (45.17%). Solana follows in second place with around 15% interest worldwide.