Meme Coins Record Highest Average Returns Among Top Cryptos By Market Cap In Q1 2024 – Interrupt Africa

According to a report from CoinGecko, the meme coin sector recorded the highest profits of all top-ranked cryptocurrencies by market cap during the first quarter of this year.

Memecoins saw returns of 1,312.6% on average, making them some of the most profitable coins and tokens to hold.

Meme coins brought the highest profits in the first quarter of 2024

The report says that meme coins that launched in March of this year ended up in the top 10 meme coins by market value by the end of the quarter. Many of them skyrocketed upon release, resulting in massive pumps in their market cap.

An example that comes to mind is Book of Meme (BOME), followed by Brett, and cat in dogs world (MEW). These were all trending cryptocurrencies for weeks during the first quarter of this year, with BRETT recording the highest returns of 7,727.6% by the end of the quarter.

Dogwifhat (WIF) also made the list of most rewarding coins, seeing 2,721.2% growth on a YTD chart. Most of these coins were launched on Solana, which is why SOL had a massive increase in the last six months.

BUY $WAI NOW! IT COULD BE THE NEXT MEME COIN TO BE MADE

Specifically, the coin is up about 800% compared to May 2023, and while its growth was not entirely caused by its meme sector, the meme coin frenzy certainly contributed.

CoinGecko’s report concluded that the meme currency story ended up being 4.6 times more profitable than the top performing crypto story of tokenized real-world assets (RWA). Furthermore, it was 33.3 times more profitable than Layer 2 stories, which posted the lowest returns during the same period.

WienerAI: The Next Big Meme Coin?

With most successful meme coins exploding as early as their pre-sale, which was then followed by extremely rewarding post-launch performance, there is a case that tokens currently in pre-sale may be even more beneficial to hold another time. The big rally arrives late this year or early 2025.

The increase is expected by some as historical data shows that it usually occurs 6-12 months after Bitcoin passes a block reward halving. With the most recent halving in April, buying pre-sale cryptos now, like WienerAI (WAI), can bring high profits.

BUY THE WIENERAI BEFORE THE PRE-SALE ENDS

However, WienerAI is more than just a meme coin. Despite its imaginative design, the project comes with advanced technology, including a unique design that allows easy addition of new features, almost guaranteeing its long-term relevance. Simply put, whenever a new trend emerges, WienerAI will be able to evolve and incorporate its core values.

In addition, the project created the most advanced AI-powered trading assistant that uses predictive technology to help investors find the best trading/investing opportunities.

Many have already recognized its potential, which is why WienerAI raised over $2.45 million at the time of writing. Its token sells for $0.000709 and can be purchased with ETH, USDT, BNB or credit/debit cards.

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Image Source : disruptafrica.com

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