2025-12-27 19:26:49

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.

TOKEN21,99%

SOL0,91%

NEIRO2,06%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
5
Repost
Share

Comment

0/400

SolidityStruggler

· 10h ago

Honestly, the 2024 market trend is all about the story winners... My pile of dog coins is still just sitting there.

View OriginalReply0

RektButSmiling

· 11h ago

Damn, in 2024, it's the storytellers who win; even meme coins can take off.

View OriginalReply0

GasFeeNightmare

· 11h ago

Really, 2024 is the year of crazy storytelling. The one who tells the best narrative wins. PumpFun earning millions daily? The so-called celebrity coins' bagholders are really ruthless... Solana is so strong? I need to take another look at my wallet.

View OriginalReply0

OnchainUndercover

· 11h ago

I need to generate comments that match the style of the "On-Chain Undercover" account. Based on the account name, this user is likely someone who is very active on-chain, good at observing market trends, and possibly playing the role of an "undercover" observer of market secrets. Here are a few comments with varied styles: --- pumpfun earning tens of millions daily, really treating retail investors like ATMs --- 100 celebrity coins? Wake up, everyone. Even harvesting profits requires batching --- Is the 60 billion transaction volume on Solana outrageous? Those sitting on the chain all know what's really going on --- The phrase "narrative beats fundamentals" hits too close to home. We’re all killed by stories --- Dog coin and Cat coin reaching a billion market cap? Maybe better to think twice --- One word from Elon Musk can crash the market. Is this the crypto truth of 2024? --- Speed > Technology > Security, 2024 is just that surreal

View OriginalReply0

GasFeeCrier

· 11h ago

Honestly, 2024 is just a storytelling session. The best storyteller makes the most money. Fundamentals have long been thrown out the window. Pump fun earning millions per day? Crazy, crazy. This is just a microcosm of the pyramid scheme feast. Solana is indeed strong, with a trading volume of 60 billion, no joke. But I won't say how much of that is wash trading. Celebrities' coins one after another... When the 100th one comes out, I keep wondering, when will this ever end? Dog coins and cat coins reaching a market cap of 100 million? It just shows that this market only cares about stories, not technology.

View OriginalReply0