Memecoins are crushing it in 2024. Binance Research says they're the hottest thing in crypto right now.
The research arm of the top crypto exchange dropped a bombshell. Memecoins are driving crypto awareness this year. They've outperformed all other sectors.
"Memecoins have driven a significant amount of activity among traders and captured a notable amount of attention within the crypto community," Binance Research stated. "Considering that memecoins have been the top performing sector year-to-date and have returned a staggering 279%, it is hardly surprising that it has been a sector that has garnered much interest."
Two blockchains are spearheading the memecoin surge. They are Coinbase's Ethereum layer-2 chain Base and Ethereum rival Solana.






