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Looking back at 2024, the crypto market was flooded with narratives and numbers that defined the year.
Platforms like Pumpfun were raking in roughly $10 million daily, showcasing the explosive demand for token launches. Celebrity-backed coins became a recurring trend—one creator rolled out their 100th celebrity token, riding the wave of celebrity-driven speculation.
Meanwhile, Solana's DEX ecosystem hit a significant milestone with trading volume reaching 600 billion, cementing the network's position as a powerhouse for decentralized trading. The Solana blockchain became the battleground for emerging narratives, from Neiro's market activity to the relentless momentum of animal-themed coins.
Cat and dog coins dominated retail sentiment, with some projects catching massive rallies toward $100 million market caps. At the same time, vaporware AI coins were outpacing traditional altcoins in velocity and hype cycles. Elon's public enthusiasm for certain projects added fuel to already volatile price movements.
2024 proved that in crypto, narrative beats fundamentals—and the market rewarded speed, attention, and cultural moments.