New Meme Coins Take the Lead

Over the past years, the crypto space has seen more than a few examples of meme coins ballooning in value, gaining multibillion-dollar market caps, and getting celebrity endorsements. That didn’t change in 2024, with new names entering the market, making waves, and bringing impressive gains to their investors.

Despite being largely dismissed as risky and speculative investments, meme coins have seen a surge in popularity this year, largely thanks to their growing online communities.

While Dogecoin and Shiba Inu remain the biggest meme coins by market capitalization, several smaller meme coins have seen much larger price gains year-to-date.

According to data presented by AltIndex.com, Popcat is the best-performing meme coin in 2024 with a massive 6,300% year-to-date price growth, followed by Mog Coin, Gigachad, dogwifhat and Turbo. Here is the list of other best-performing meme coins.

New Meme Coins Take the Limelight

In recent years, we’ve seen several meme coins skyrocket in value, gaining multibillion-dollar market caps and celebrity endorsements. That trend continued in 2024, with several new meme coins entering the market and making waves, bringing impressive gains to their investors.

While many meme coins had impressive year-to-date price gains, these stand out as the best performers in 2024.

According to AltIndex.com analysis, based on CoinMarketCap data, Popcat is the most successful meme coin this year, with almost a 6,300% price growth in the past nine months.

Popcat’s impressive performance is part of a broader trend where meme coins, especially those on the Solana network, are gaining popularity for their fast transaction speeds and lower fees than other networks like Ethereum.

Mog Coin is the second-best performer in the meme coin space with an equally impressive 2,508% nine-month price growth. Gigachad, dogwifhat, and Turbo follow, with 1,228%, 1,167%, and 1,063% gains year-to-date, respectively.

All other major meme coins had much smaller gains. For example, the price of Osaka Protocol and Pepe jumped by more than 500%, or 12 times less than Popcat’s gain. Sundog and Book of Meme saw their prices surge by more than 400%, while Floki and Pepe Coin brought 250% and 224% returns to their investors.

Finally, meme coins Brett and Simon’s Cat increased by roughly 170% in value, which is still more than the gains of Dogecoin and Shiba Inu, the oldest coins in the meme space.

Dogecoin’s price increased by only 9.2% year-to-date, while Shiba Inu grew three times more than that, or 31%. Bonk, Dogs, Memecoin, and Dog (Runes) were on the other side of the list as the only losers on the top 20 list.

14 of the 20 Largest Meme Coins Saw Triple and Four-Digit Gains

The impressive performance of meme coins in 2024 is best reflected by the share of the largest coins that saw triple and four-digit price gains.

CoinMarketCap data shows that 14 out of the 20 largest meme coins by market capitalization saw their prices skyrocket by several hundred and even several thousand percent in the past nine months. Though they remain highly volatile and speculative, thriving mainly on community engagement and social media trends, their nine-month gains are something not many cryptos have managed to achieve.