According to a report by CoinGecko, the meme coin sector recorded the highest returns out of all top-ranking cryptocurrencies by market cap during the first quarter of this year.
Meme coins saw returns of 1,312.6% on average, making them some of the most rewarding coins and tokens to hold.
Meme Coins Brought The Highest Returns In Q1 2024
The report states that meme coins that were launched in March of this year ended up being in the top 10 largest meme coins by market value by the end of the quarter. Many of them skyrocketed after launch, which resulted in massive pumps to their market cap.
One example that comes to mind is Book of Meme (BOME), followed by Brett, and cat in dogs world (MEW). These were all trending cryptocurrencies for weeks during Q1 of this year, with BRETT recording the highest returns of 7,727.6% by the end of the quarter.
Dogwifhat (WIF) also made the list of the most rewarding coins, seeing 2,721.2% growth on a YTD chart. Most of these coins were launched on Solana, which is also why SOL saw a massive surge in the last six months.
BUY $WAI NOW! IT COULD BE THE NEXT MEME COIN TO BLOW UP
Specifically, the coin grew by around 800% compared to May 2023, and while its surge was not fully caused by its meme sector, the meme coin frenzy certainly contributed.
CoinGecko’s report concluded that the meme coin narrative ended up being 4.6 times more profitable than the next-best performing crypto narrative of tokenized real-world assets (RWAs). Beyond that, it was 33.3 times more profitable than Layer 2 narratives, which recorded the lowest returns during the same period.
WienerAI: The Next Big Meme Coin?
With most of the successful meme coins blowing up as early as in their presales, which was then followed by extremely rewarding performance post-launch, there is a case to be made that tokens currently in presale might be even more rewarding to hold once the next big rally arrives later this year or in early 2025.
The rally is expected by some as historical data shows that it typically takes place 6-12 months after Bitcoin goes through a block reward halving. With the most recent halving in April, buying cryptos in presale right now, such as WienerAI (WAI), could bring high returns.
BUY WIENERAI BEFORE THE PRESALE ENDS
WienerAI is more than just a meme coin, however. Despite its imaginative design, the project comes with advanced technology, including a unique design that allows for the easy addition of new features, nearly guaranteeing its long-term relevance. Simply put, whenever a new trend emerges, WienerAI will be able to evolve and incorporate its core values.
Other than that, the project created the most advanced AI-powered trading assistant that uses predictive technology to help investors find the best trading/investment opportunities.
Many have already recognized its potential, which is why WienerAI raised over $2.45 million as of the time of writing. Its token is selling for $0.000709, and it can be bought with ETH, USDT, BNB, or credit/debit cards.
