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- The highest ten meme cash exhibited a median return of 1,312.6% in Q1 2024.
- Meme coined BRETT recorded 7,727.6% in comparison with its launch value.
- RWA tokens noticed a median achieve of 286% within the yr’s first half.
Outstanding market tracker CoinGecko has highlighted the eight crypto narratives displaying probably the most promise for traders amid this bullish market. Meme cash topped the listing, with probably the most distinctive profitability rating for the primary quarter of 2024.
Particularly, the report revealed that the highest ten meme cash exhibited a median return of 1,312.6% between January 1 and March 31.
CoinGecko underscored that among the many top-performing meme cash, three newly launched tokens emerged round March. It contains Brett (BRETT), BOOK OF MEME (BOME), and “cat in a canines world” (MEW).
By the tip of Q1, BRETT boasted the best returns, reaching 7,727.6% in comparison with its launch value. Solana’s Dogwifhat (WIF) adopted carefully with a quarter-to-date (QTD) achieve of two,721%. CoinGecko famous that WIF skilled viral recognition and ignited the continuing meme coin craze.
After meme cash, tokens related to real-world asset (RWA) tokenization are the following most worthwhile narrative for traders. In accordance with CoinGecko analysis, RWA tokens noticed a median achieve of 286% within the first half of the yr. This share achieve suggests meme cash have been almost 5 instances extra worthwhile than RWA tokens.
Amongst RWA tokens, MANTRA (OM) and TokenFi (TOKEN) skilled probably the most important good points at 1074.4% and 419.7%, respectively. Conversely, XDC Community (XDC) was the only real token to register a decline, tanking by 15.6% throughout the identical interval.
AI-based tokens carefully trailed behind as the one different narrative to attain triple-digit returns, reaching 222.0% in Q1. Curiously, the entire large-cap AI tokens exhibited good points. AIOZ Community (AIOZ) led with 480.2% improve, adopted by Fetch.ai (FET) with a notable 378.3% rise. Remarkably, even the least performing amongst them, OriginTrail (TRAC), yielded a decent return of 74.9% in Q1.
Amongst different crypto narratives, CoinGecko noticed average good points in DeFi, with a 99% improve recorded, adopted by DePIN with 81%. Layer 1, Gaming, and Layer 2 recorded 70%, 64%, and 39% respectively.
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