The year 2024 will go down in the books as the year of memecoins, despite the historic performance of bitcoin (BTC). They are by far the best performing coins of the year and also the absolute favorites among most crypto investors and traders. But which memecoins were the most popular this year? We asked Bitvavo, the largest crypto exchange in the Netherlands.
No account with Bitvavo yet? All new users get €10 free crypto as a gift this month . And you can also participate in Bitvavo’s December promotion where €45,000 worth of crypto will be given away.
The 5 most traded memecoins on Bitvavo
The bitcoin price has had a great year – even passing the symbolic $100,000 mark – but most major memecoins have done many times better. As a result, they have attracted a lot of attention from investors and traders alike, resulting in particularly high trading volumes.
In this regard, floki (FLOKI) occupies the fifth spot in terms of most traded memecoins on Bitvavo. Launched in 2021, this dog coin woke up from its years of hibernation this year with an amazing 544% increase, generating a lot of interest in the market.
Meme icon dogecoin (DOGE), which saw the light of day back in 2013, ranks one spot higher, which will come as a big surprise to few. After all, DOGE is by far the largest memecoin in existence, and has also been in the spotlight for months. Its share price is up 323% from the beginning of the year, which is particularly impressive for a top 10 coin.
Third place goes to dogwifhat (WIF), the largest memecoin on the Solana (SOL) network. A remarkable achievement considering the coin was only launched last December. WIF, which like FLOKI and DOGE has a dog as its mascot, has become a staying power in the industry with a bizarre 1,751% increase in a short period of time. And it is even one of the biggest risers of the year.
Shiba inu (SHIB) takes second place. Although SHIB lags behind the rest with annual increases of 162%, as the second largest memecoin in the market, it is of course a logical choice for anyone looking to get a piece of the hype surrounding memecoins.
Proudly, pepe (PEPE) is in the lead position. Created in April last year, PEPE has been competing with the big boys of the industry since this year. With an unprecedented increase of 1,549%, it has been the third largest memecoin in the industry for a while now.
