io.net (io) 
Top Meme Coins in 2024: A Year of Volatility and Growth
For meme coin projects, 2024 was a year marked by sharp declines, quick expansion, and well-publicized scandals. Despite the challenges, the market capitalization of meme coins increased steadily, picking up steam in March and reaching a notable spike in value in November.
As of January 2025, the market capitalization of meme coins has consolidated to $101.32 billion from its December peak of almost $160 billion. The trade volume also saw an impressive year-over-year gain of 865.15%, indicating increased activity and investor participation in the sector.
Top 10 Meme Coins in 2024
In this article, we will discuss the top 10 meme coins of 2024, which may continue to thrive in 2025 if the bull market continues to roar.
1. Dogecoin (DOGE)
Dogecoin has been the standard for meme coins for a long time, and its supremacy continued into 2024. Following Elon Musk’s amusing endorsement of a fake “Department of Government Efficiency” (DOGE) as part of the November U.S. election hype, the coin saw a spectacular surge. DOGE increased 160% in a matter of weeks, from $0.15 to an annual high of $0.39.
With a market valuation of $48.6 billion by the end of 2024, DOGE had solidified its position as the top meme coin. A growing number of collaborations and integrations with payment systems, such as Tesla’s online store and other charitable endeavors that accept DOGE, contributed to this increase in value.
2. Shiba Inu (SHIB)
The second position in the top meme coins of 2024 belongs to Shiba Inu, known as the “Dogecoin killer.” SHIB demonstrated its tenacity in 2024 by emerging as a top-performing meme coin. In the second quarter of the year, SHIB saw a sharp surge, peaking at $0.000013, a 120% gain from its January 2024 price of $0.000006.
3. Pepe (PEPE)
The third token on our meme coins list is Pepe. The token’s explosive growth in 2024 rocked the meme coin scene. Leveraging the success of the “Pepe the Frog” meme, PEPE attracted a lot of attention, particularly in Q1 of 2024, when it jumped by more than 1,122% and reached its highest point ever in April at $0.00002614.
4. Bonk (BONK)
The most notable Solana-based meme coin that made the news in 2024 was Bonk. BONK’s goal of decentralizing Solana ownership struck a chord with users when it was first introduced as a token for the Solana community.
5. Floki (FLOKI)
Floki’s ecosystem-focused strategy has made it a strong contender in the meme currency market. Motivated by Elon Musk’s Shiba Inu pet, FLOKI set itself apart in 2024 by completing important projects, including Valhalla, a play-to-earn metaverse game, and FlokiFi, its DeFi suite.
6. Popcat (POPCAT)
Popcat became one of the best new meme coins in 2024 after being influenced by the widespread “Popcat clicking” meme. The project’s simplicity and capacity to connect with fans of online culture helped it acquire traction.
7. Brett (BRETT)
When Brett was first introduced in early 2024, it immediately became a notable meme coin with rapid growth. With the help of effective social media marketing, BRETT captivated investors and, three months after its debut, reached a market valuation of $1.32 billion.
8. Book of Meme (BOME)
After launching its decentralized platform for new meme coin projects in Q2, Book of Meme saw tremendous growth. In just six months, BOME’s value surged by more than 1,500%, reaching a peak of $0.00025 in August.
9. Fartcoin (FARTCOIN)
In 2024, Fartcoin became well-known for its comical strategy, which offered a humorous perspective on the meme coin market. The coin attracted attention with its distinctive concept and branding, but had no particular use outside of community involvement.
10. Myro (MYRO)
In 2024, the Solana-based meme coin Myro surfaced and immediately attracted the interest of the cryptocurrency community. To create a community for fans of Solana, the token is associated with a distinctive branding campaign featuring Raj Gokal’s dog.
Tips for Meme Coin Investors
When investing in meme coins, it’s essential to remember that these tokens are highly speculative and come with a high level of risk. However, for those willing to take on this risk, here are some tips to keep in mind:
- Do your research: Before investing in a meme coin, make sure to do your research and understand the project’s goals, community, and potential use cases.
- Stay up-to-date: Keep an eye on market trends and news related to the meme coin you’re interested in.
- Diversify your portfolio: Spread your investments across multiple meme coins to minimize risk.
- Set realistic expectations: Don’t invest more than you can afford to lose, and be prepared for potential losses.
As we move into 2025, it’s essential to keep an eye on the top meme coins of 2024 and watch for new projects that may emerge in the market. At Global Crypto News, we’ll continue to provide you with the latest news and updates on the world of cryptocurrency and meme coins.
