Meme Coin Market Growth

This is a meme news story, published by CoinGape, that relates primarily to Industry Report news.

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Q4 meme coin Industry Report

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meme coins market

CoinGape

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Business

Business & Economics

Meme Coin Frenzy: Q4 2024 Hits $150B Market Cap with 436% Growth!

Summary

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80% Informative

The 2024 Q4 meme coin Industry Report is a comprehensive insight into an ever-changing landscape of meme coins.

Meme coins market grew exceptionally by 22% in Q4 2024 , which reached $150 billion .

SimpleSwap analysts mentioned meme coins recorded 436% growth in yield up to mid-2024 , outperforming all other crypto segments, including Layer 1 and DeFi projects.

The report said most of the $6 billion daily trading volume in the meme coin market comes from speculative interest.

In the fourth quarter of 2024 , the typical daily trading volume for meme coins exceeded $6 billion .

Meme coins increased by 22% in market capitalization in Q4 2024 , which was valued at $150 billion .

The meme coin market is quite divided, with just a limited number of projects attaining significant capitalization: Most meme coins face problems with low liquidity.

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formal

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English

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not hateful