Crypto Researcher Explains Meme Coin MANIA
Update: 2024-09-09
Description
Crypto Researcher Explains The Year of the Meme Coin!
Head of Research at CoinMarketCap, Alice Liu, breaks down the highs and lows of meme coin mania in 2024. We’ve seen meme coins like Dogwifhat (WIF) soar to huge market caps and we’ve seen political meme coins crash as the candidate drops out (BODEN). Liu explains the data behind all of this.
A quarter of all traffic to CoinMarketcap was directed towards meme coins at one point. With this, the researcher at CoinMarketCap believes that 2024 was the year of the meme coin.
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