Memes and madness in 2024

by Axel Orn

Let’s take grasp of a second to replicate on this 300 and sixty five days’s superb memecoin highs and lows.

Some cash delivered big positive aspects, stuffing stockings with profits, whereas others crashed and burned, incomes lumps of coal. Let’s take grasp of a seek at one of the vital most superb winners and losers within the command — no sugar-coating included.

Political tokens: Prankish or good?

Jeo Boden, parodying US President Joe Biden, surged 1,548% from $0.06307 to $1.04 sooner than crashing ninety 9.74% to $0.00274. Meanwhile, the Donald Trump inspired MAGA skyrocketed 4,170% from $0.41 to $17.51 but dropped 91.7% to $1.Forty five, following a identical destiny.

The Guardian Trap

Iggy Azalea‘s MOTHER sparkled with a 4,798% climb from $0.004709 to $0.2306, but dropped Seventy 9% to $0.04837. Unshaken, Azalea has doubled down on her token’s future with Motherland, an web casino mission that would possibly possibly well possibly breathe new life into the MOTHER token in 2025.

To no longer be outdone, Andrew Tate offered the pseudo-affiliated DADDY, a memecoin designed to counter MOTHER’s success and “flip it for the patriarchy.” DADDY surged 487% from $0.04917 to $0.2886 sooner than succumbing to a 76% loss to now take a seat at $0.0684.

A form of hot air

Fartcoin blew onto the scene in gradual 2024, mountain climbing 3,052% from $0.04067671 to $1.28 and retaining exact at $1.25.

Within the same vogue, GOAT (Goatseus Maximus) paired edgy humor with viral AI marketing, surging 3,002% from $0.04354 to $1.35 sooner than settling at $0.508.

It’s snowing cats and canines

Popcat exploded 14,400% from $0.01413 to $2.05 sooner than settling at $0.7912. Cat in a Dog’s World (MEW) grew 1,312% from $0.0009121 to $0.01288 but fell 51% to $0.006353. MEW’s strive and challenge the dominance of canines-themed tokens injected some friendly contention into the memecoin ecosystem.

Bonk, Solana’s first canines-themed coin, climbed a mere 210% from $0.0000188 to $0.00005825. When put next, Dogwifhat (WIF) outperformed, rising 2,292% from $0.201808 to $4.83 sooner than settling 56% lower at $2.12.

Viral hits and excellent misses

ChillGuy, constant with the “Appropriate a Kick back Man” meme, soared 10,789% from $0.00604 to $0.6575 but dropped 71% to $0.1898. Artist Phillip Banks condemned the token, pursuing superb motion over its spend.

PNUT, launched after the viral euthanization of Peanut the Squirrel, surged 7,554% from $0.03187 to $2.44 but fell 71% to $0.6981. The token’s trajectory modified into mired in controversy, as Peanut’s owner condemned its introduction and sought to shut it down.

Moodeng, inspired by a viral Thai diminutive one hippo, rose 4,300% from $0.01545 to $0.6804 but has since dropped 62% to $0.2576.

For every coin that soared, there had been 10 that crashed, proving time and all over again that memecoins giveth and memecoins taketh away.

So, whether or no longer you’re toasting to the winners or mourning the lumps of coal for your portfolio, appropriate do no longer forget that chaos is the order constant in crypto — and it doesn’t care one bit whenever you happen to’ve been prankish or good.

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