CryptoMediaClub
Friday, July 18, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Analysis

Memecoin returns were 6x higher than crypto market average over past 30 days

16.11.2024
A A
0
121
VIEWS
ShareShare

Memecoins’ have posted average returns of 103% over the past 30 days — over 6x higher than the crypto market’s 16.1% average return, according to data from Artemis.

Dogecoin (DOGE) and Pepe (PEPE) registered the more significant gains among the 19 memecoins tracked by Artemis during the period, growing 196.1% and 115%, respectively. PEPE’s “beta play” PepeCoin also rose significantly, with a 121.1% gain.

Meanwhile, Solana-based Bonk (BONK) climbed 70.2%, while Base’s Brett (BRETT) saw a 63.5% price increase over the period.

Notably, many memecoins connected to the US elections have crashed in the days following the conclusion of the presidential race, including MAGA (TRUMP), which fell 72% over the past 30 days.

According to market insights platform Kaito AI, memecoins controlled nearly 24% of investors’ mindshare as of Nov. 14. One out of four crypto investors posting on X is discussing memecoins.

Most profitable narratives

Including memecoins, only nine out of the 22 crypto sectors tracked by Artemis beat the market’s 16% monthly average return.

The “store of value” sector, which includes tokens like Dash (DASH), Litecoin (LTC), and Monero (XMR), registered an average gain of 48.2%.

Native tokens of first-generation blockchains focused on smart contract functionality, such as Cardano (ADA) and Ethereum Classic (ETC), trailed closely, leaping 47.1% over the past 30 days.

Meanwhile, smart contract platforms like Solana (SOL) and Sui (SUI) posted average gains of 24.3% and barely outperformed the market’s average return.

The overall sector’s relatively weaker gains, despite strong performance by SOL and SUI, are primarily the result of the lackluster performance of other tokens in the index, including tomiNet, Celo (CELO), and Optimism (OP) — all of which registered losses over the period.

Tokens related to oracles, DEXs for perpetuals trading, centralized exchanges, and general DeFi applications also beat the market’s average performance, rising 19.1%, 24%, 20.9%, and 20.3%, respectively.

Meanwhile, the real-world assets (RWA) sector performed in line with the market average, recording an aggregated gain of 16.8%.

On the negative performance side, tokens from the AI and social sectors registered negative variations of 1.6% and 4.6%.

Furthermore, data availability sector crashed 14.6% over the past 30 days and was the worst-performing over this period.

The post Memecoin returns were 6x higher than crypto market average over past 30 days appeared first on CryptoSlate.

Share9Tweet6ShareSharePin2

Related Posts

XRP hits new ATH of $3.55 after 7 years amid altcoin surge
Analysis

XRP hits new ATH of $3.55 after 7 years amid altcoin surge

18.07.2025
0

Ripple’s XRP surged to a new all-time high of $3.55 on July 17, climbing more than 36% over the past...

Read moreDetails
Memecoins and DeFi beat Bitcoin as BONK, CRV, FRAX post over 20% gains in 24 hours

Memecoins and DeFi beat Bitcoin as BONK, CRV, FRAX post over 20% gains in 24 hours

17.07.2025
Ethereum soars past $3,400 sparking altcoin season buzz as alts fly

Ethereum soars past $3,400 sparking altcoin season buzz as alts fly

17.07.2025
Bitcoin rally shows room to run toward $130,000 before demand cools off

Bitcoin rally shows room to run toward $130,000 before demand cools off

16.07.2025
Exchange-run launchpads average 10x gains but face scrutiny over steep valuations, opaque models

Exchange-run launchpads average 10x gains but face scrutiny over steep valuations, opaque models

16.07.2025
Load More
Next Post
Dogecoin Investors Drop Legal Battle Against Elon Musk

Dogecoin Investors Drop Legal Battle Against Elon Musk

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Moonpay Secures MiCA Approval in Europe

Moonpay Secures MiCA Approval in Europe

7 months ago
Crypto Market Rallies as U.S PPI Declined 0.5% in March 2023

Crypto Market Rallies as U.S PPI Declined 0.5% in March 2023

2 years ago
From Price Swings to ETF Battles: What’s Really Happening with Solana?

From Price Swings to ETF Battles: What’s Really Happening with Solana?

10 months ago
Animoca Brands Partners with DayDayCook to Manage $100M Bitcoin Treasury

Animoca Brands Partners with DayDayCook to Manage $100M Bitcoin Treasury

5 days ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei

South Korea’s Shinhan Launches Crypto Services on Its Banking App

SPX6900 Hits $1.89 New ATH – TOKEN6900 Is Where the Next 1000x Cult Begins, ICO Hits $630K

Ethereum ETFs Surge Past $5.5B in Record Inflows – Can ETH Break $4,000 Next?

$FARTCOIN Nears $1.80 Breakout: Will Whale Activity Trigger the Next Rally?

Memecoins and DeFi beat Bitcoin as BONK, CRV, FRAX post over 20% gains in 24 hours

Trending

[LIVE] Crypto News Today: Latest Updates for July 18, 2025 –XRP Hits All-Time High Above $3.6, ETH   Trades at $3.6K as Crypto Bills Clear House
All news

[LIVE] Crypto News Today: Latest Updates for July 18, 2025 –XRP Hits All-Time High Above $3.6, ETH Trades at $3.6K as Crypto Bills Clear House

18.07.2025
0

The global crypto market is in full bull mode, total capitalization has surged past the $4 trillion threshold,...

Crypto Price Prediction Today 17 July – XRP, PUMP, ADA

Crypto Price Prediction Today 17 July – XRP, PUMP, ADA

18.07.2025
XRP hits new ATH of $3.55 after 7 years amid altcoin surge

XRP hits new ATH of $3.55 after 7 years amid altcoin surge

18.07.2025
Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei

18.07.2025
South Korea’s Shinhan Launches Crypto Services on Its Banking App

South Korea’s Shinhan Launches Crypto Services on Its Banking App

18.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz