In 2024, the memecoin market experienced significant growth, with a variety of emerging projects capturing widespread attention. As a leading crypto exchange platform, MEXC has continued to provide users around the world with secure and easy access to digital asset trading. This year, MEXC has not only become the platform of choice for many memecoin projects but has also witnessed the rapid rise of numerous projects.

This report highlights the Top 10 Memecoins on MEXC in 2024, which have become standout projects in the crypto market due to their strong community support, innovative characteristics, and impressive market performance.

Key Insights & Market Trends

Evolution Beyond “Jokes”

• Memecoins were initially criticized for lacking real utility. However, many projects have shifted focus to community-driven growth and tangible real-world impact over time. For example, $PNUT, which honors a squirrel and supports animal conservation efforts, illustrates the increasing social responsibility within the memecoin space.
• According to CoinTelegraph, by 2024, memecoins have become the fastest-growing segment in the crypto market, with top performers achieving an average return of +1300%.

Community-Driven Growth

• Memecoins continue to thrive due to their strong and passionate communities. The power of social media, online forums, and influencer endorsements has been a major driving force behind the popularity of these projects. Coins like $Neiro, $PNUT, and $ACT have seen explosive growth thanks to viral marketing and online communities rallying behind them.

Speculative Investment

• Memecoins are often seen as speculative investments, driven primarily by market sentiment and social media trends. This speculative nature attracts investors looking for high-risk, high-reward opportunities. However, investors should remain cautious, as prices can be highly volatile and subject to rapid shifts based on sentiment, media attention, or community momentum.

MEXC Top 10 Memecoins

The top 10 memecoins on MEXC in 2024, ranked by market heat and highest price increase for the year, are listed below from left to right, with the higher-ranked memecoins on the left.

NEIROCTO

NEIRO(NEIROCTO), a community-driven memecoin inspired by Dogecoin and its owner Kabosu’s rescue dog, has emerged as a market standout in the recent bull run. Often dubbed the “next-generation Big Dog”.

Neiro made its Initial Listing on MEXC. Following its subsequent Binance listing, the token’s market capitalization surged dramatically, drawing significant investor attention.

PNUT

PNUT, an emerging memecoin on the Solana blockchain, draws its inspiration from a squirrel named Peanut. The squirrel garnered significant public attention after environmental authorities euthanized it due to illegal wildlife possession. Launched as a tribute to Peanut, the token also represents a broader commentary on animal protection and immigration policies.

Following its Initial Listing on MEXC, PNUT’s announced Binance listing triggered substantial market momentum, establishing it as one of the prominent animal-themed memecoins in recent times.

ACT

ACT, an innovative “AI + Crypto” token, successfully integrates the two major domains of artificial intelligence and cryptocurrency. Its value proposition extends beyond traditional memecoins, playing an active role in promoting AI literacy.

Following its early listing on MEXC, ACT was subsequently listed on Binance. Its market capitalization quickly soared to hundreds of millions of dollars, solidifying its position as one of the leading AI-themed tokens in the market.

BOME

BOME (BOOK OF MEME) is a new and innovative meme coin that launched on March 10, 2024, experiencing a remarkable 3,000% surge in value within days. Created by Darkfarms, the artist behind the famous Pepe memes, BOME aims to create a permanent digital archive for meme culture using decentralized storage solutions like Arweave and IPFS(File System).

MOODENG

MOODENG is a community-driven meme coin inspired by “Moo Deng” , a famous pygmy hippopotamus from a Thai zoo. The project aims to attract new users to the cryptocurrency space by leveraging its adorable mascot and fostering community engagement, offering a positive entry point for newcomers.

MEXC recognized MOODENG’s potential early and listed it, leading to a price surge of up to 6900%.

FWOG

FWOG is a community-driven, frog-themed meme coin operating on the Solana blockchain. The token was born from the rebranding of Flog (FLOG), including updates to its logo and visual identity.

After being listed on MEXC, its market capitalization soared to around $700 million, with a peak gain of 10,033%.

MOG

MOG, known as the “first cat coin” and “first culture coin”, is described as a Chinese cultural phenomenon that integrates religion, community, and lifestyle. Its core philosophy, “mogging”, refers to achieving cosmic-level dominance in all endeavors, synonymous with “winning”.

MEXC was an early supporter of MOG, which saw a peak gain of 4,950%.

POPCAT

POPCAT originates from the popular “mischievous cat” meme, which won over countless fans with its playful expression and wide-open mouth. It embodies viral internet culture, perfectly merging with the expanding crypto world.

MEXC was an early supporter, listing POPCAT, which saw a peak gain of 4,100%.

CHILLGUY

CHILLGUY is a Solana-based meme token created in 2023 by artist Phillip Banks. The character, dressed in a hoodie, jeans, and sneakers with a relaxed demeanor, quickly went viral on TikTok, particularly among Gen Z users. CHILLGUY embodies a “chill and laid-back” lifestyle.

MEXC listed CHILLGUY early, and it achieved a peak gain of 831%.

LUCE

LUCE is a meme coin on the Solana blockchain, inspired by the mascot “Luce” created for the Vatican’s 2025 Jubilee Year. The name “Luce” means “light” in Italian.

MEXC listed LUCE early, and it achieved a peak gain of 3,340%.

Disclaimer: This report does not provide advice on investment, taxation, legal, financial, accounting, consultation, or any other related services, nor does it constitute advice to purchase, sell, or hold any assets. MEXC Research provides information for reference purposes only and does not constitute investment advice. Please ensure you fully understand the risks involved and exercise caution when investing. The platform is not responsible for users’ investment decisions.

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