Fartcoin (FARTCOIN) is the best-performing meme coin of 2024, per data from Coinmarketcap

Research by crypto experts at kryptocasinos.com analysed the top 100 meme coins by market cap to see which have had the largest percentage increase in 2024.

This year has seen meme coins emerge as the most surprising winners in a year defined by the explosive growth of cryptocurrency, emerging from a list of top 100 meme coins analyzed by crypto experts at kryptocasinos.com.

The experts examined the coins' market caps to determine which experienced the largest percentage increase in 2024. The analysis revealedFartcoin (FARTCOIN) as the best performer.

What are meme coins?

Meme coins are cryptocurrencies often inspired by internet memes or trends, typically characterized by their volatile nature.

These coins gained popularity in 2021, largely driven by retail traders and social media buzz. Some well-known examples include Dogecoin (DOGE) and Shiba Inu (SHIB).

Best performing meme coins of 2024

Here's a closer look at the top 5 best-performing meme coins of 2024, according to the analysis by kryptocasinos.com:

1. Fartcoin (FARTCOIN)

Fartcoin is a meme coin on the Solana blockchain that was created by an anonymous developer on October 18, 2024. The coin is named after the discussion of the ideal meme coin by a fine-tuned AI large language model called Truth Terminal.

Many in the cryptocurrency sector have praised fartcoin for its ability to attract attention on Twitter and in the media landscape naturally.

Apart from a community X account, there doesn't appear to be any concerted marketing activities, and there isn' rambling on about team association with Fartcoin. Many meme coins, on the other hand, need sponsored influencer marketing or tweet "raids" to go viral.

2. Apu Apustaja (APU)

Apu, as described on the memecoins website "is used to represent a young, kind and naive anthropomorphic frog".

From humble beginnings in Finland, Apu Apustaja's charm quickly won over the internet, leading to widespread international fame. Now, it is hard to browse sites like Twitter, Reddit, or Forums without seeing his face.

The popularity has led to a huge price increase over 2024 with a 1,058,600% increase.

3. Turbo (TURBO)

According to the website, artificial intelligence was used to create this cryptocurrency. Inspired by the power of artificial intelligence, the project's creator turned to GPT-4 with a simple challenge: create the next great memecoin, starting with a budget of just $69.

The memecoin is centred around a toad character named Quantum Leap. This coin has seen significant gains in 2024 with the price rising by over 900,000%.

4. Gigachad (GIGA)

According to the memecoin website, Gigachad is an internet slang term used to describe a man who is perceived as exceptionally attractive, confident, and physically fit.

The memecoin was designed to tap into the viral “masculinity” theme prevalent in internet culture, symbolizing strength, resilience, and empowerment, to resonate strongly with younger audiences and meme enthusiasts.

GIGA has established a notable presence in the crypto scene and the price movement indicates this with a 292,000% increase across 2024.

5. Degen (DEGEN)

According to the memecoin website, Degen is a reward token for Farcaster users, born from meme culture. It uses a unique tipping system that empowers the community to reward quality content creators.

It also powers the Degen chain, one of the pioneering Layer 3s launched on Base, offering a platform for building and using Degen apps, often referred to as the “Las Vegas of blockchains.”