Coingecko Report: Meme Coins Eclipse AI and RWA Tokens With Stellar Q1 Performance News Bytes

In the first quarter of 2024, meme coins significantly outshone all other cryptocurrency narratives by delivering an astonishing average return of 1312% across its leading tokens, as observed in a report by Coingecko. Among these, the newly launched tokens Brett (BRETT), BOOK OF MEME (BOME), and Cat in a dogs world (MEW) were notable for their substantial market cap growth, with Brett achieving a remarkable 7727% return. When compared to other narratives like real-world assets (RWA) and artificial intelligence-based tokens, meme coins not only maintained a dominant lead in profitability but also highlighted the dynamic and speculative nature of the current cryptocurrency market landscape.

Source: Bitcoin

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