The post Q1 Crypto Report: Memecoins Lead with Astounding 1312.6% Average Return appeared first on Coinpedia Fintech News
An original report of CoinGecko conducted by their study has revealed that meme coins have dominated the first quarter of 2024 with the meteoric rise in the whole crypto market. Memecoins have emerged as outstanding performers, dominating other tokens with a staggering average return of 1312.6%.
Nonetheless, we have all seen the craze over meme coins. Let’s take a deeper look into the report –
The Supremacy of Memecoins
CoinGecko’s report highlighted the unprecedented success of memecoins, with a jaw-dropping average return of 1312.6% in Q1 2024. Many new tokens like dogwifhat, BOOK OF MEME, BRETT, and Cat in a Dog’s World have shown mind-baffling performance and crypto traders also grabbed amazing profits.
BRETT led the pack with an astonishing 7727.6% gain since its launch, closely followed by dogwifhat (WIF) with a remarkable 2721.2% in
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