Binance Research has found that meme coins and tokens related to artificial intelligence (AI) are rapidly growing trends in the cryptocurrency market. Meme coins were the best performing sub-sector in 2024, gaining 212% for the year and outperforming other sectors. The popularity of meme coins is attributed to their transparency and fairness, as they have no insider allocations or token unlocks at launch. The report also notes that retail investors frustrated with the underperformance of major cryptocurrencies turned to meme coins for investment. Ethereum and Solana are the leading blockchains hosting meme coins, with Solana taking the lead in meme coin trading last year. AI agents and coins linked to them have recently risen in popularity, with GOAT token and Ai16z being cited as examples. These AI agents offer market commentary and entertainment.



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