SOL - Emerging Memecoins Like dogwifhat And Pepe Beat Established Players Like Dogecoin Shiba Inu In H1 2024 Returns One Has Shot Up Over 4900% | Benzinga
The cryptocurrency market saw frenzied activity in the first half of 2024, with memecoins emerging as the most significant wealth multiplier for investors.
What Happened: Birthed out of popular memes and characters, these coins gave massive windfalls to traders who believed in their prospects.
Ethereum (CRYTO: ETH)-based Mog Coin was the biggest gainer YTD, netting a staggering 4959.69% return in the first six months of 2024.
Solana (CRYPTO: SOL)-based dogwifhat, based on a picture of a Shiba Inu dog wearing a pink knitted cap, bagged the second spot with a whopping 1385% profit.
Cryptocurrency YTD +/- Price (Recorded at 9:50 p.m. ...