Meme Coins Overtake Traditional Cryptocurrencies In Popularity, Reveals CoinMarketCap Report

According to CoinMarketCap’s 2024 H1 report, meme coins have emerged as the most popular category in the cryptocurrency market, surpassing traditional cryptocurrencies, Smart Contracts, DeFi, and NFTs for the first time.

This shift highlights a growing trend among crypto enthusiasts, as meme coins capture the attention of traders and investors alike.

In June 2024, meme coin-related pages saw a surge in user engagement, racking up over 25 million views and accounting for 22.49% of all page views on CoinMarketCap.

This impressive performance marks meme coins as the dominant category, signaling their increasing influence in the crypto world.