Crypto Market Trends 2024: CoinGecko Report Reveals Surprising Insights

Crypto Market Trends 2024: CoinGecko Report Reveals Surprising Insights

full version at coinedition
  • Meme coins, real-world assets, and AI accounted for 36% of all CoinGecko traffic.
  • Meme coins on Solana and Base blockchains were the most popular.
  • In Q2 2024, Ethereum added 120,000 ETH to the circulating supply.

CoinGecko released its most recent crypto assessment on July 16, highlighting crypto market highlights and trends for Q2 2024. Data suggests that projects in the meme coin, real-world asset (RWA), and artificial intelligence (AI) sectors were the most popular, accounting for 36% of all CoinGecko site traffic categories for the quarter.

Meme coins; tokens inspired by internet memes and trends, topped CoinGecko’s crypto narrative chart, accounting for 14% of all listed crypto categories. The top 5 meme coins include Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Dogelon Mars (ELON), and Bonk (BONK). As per CoinMarketCap data, the total market capitalization of meme coins increased 2.8% in the last 24 hours, standing at $5.9 billion.

The post Crypto Market Trends 2024: CoinGecko Report Reveals Surprising Insights appeared first on Coin Edition.

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