As of 2024, narratives capturing the most attention in the cryptocurrency market include memecoins, artificial intelligence (AI), and real-world assets (RWA). According to data published by CoinGecko, the memecoin narrative attracted 14.36% of investor interest this year, marking a 6.04-point increase from last year’s 8.32% share.
AI and Memecoin Collaboration Draws Interest
Narratives associated with artificial intelligence garnered 15.67% of total investor interest, placing the overall AI narrative in the second position with 12.58% popularity. Additionally, the trend of AI memecoins accounted for 1.49%, while AI agent narratives captured 1.17%, ranking among the top 20 narratives.
Examining the details of the memecoin narrative, the trend within the Solana 
$199 ecosystem secured fourth place with a 7.65% share. Base-based memecoins ranked 11th with 2.13%, while cat-themed memecoins positioned 16th with 1.19%.
Now RWA and DePIN Narratives Rise
Narratives focused on real-world assets saw a significant increase in investor interest, rising from 6.48% to 8.64% and climbing to third place in popularity. Similarly, the DePIN narrative also moved up to eighth place with a 1.56% increase.
Conversely, the GameFi narrative experienced a decline, with investor interest falling from 10.49% in 2023 to 3.72% this year. The Solana ecosystem captured attention with a total interest of 14.30%, while Base ecosystem narratives achieved a 4.87% share.
CoinGecko’s 2024 report highlighted that the top 20 cryptocurrency narratives accounted for 78.72% of total investor interest, leaving the remaining 21.28% spread across other 180 narratives. All this data clearly illustrates which narratives investors are gravitating towards and how trends are shaping the cryptocurrency market.
