The cryptocurrency market roared back into momentum in 2024, with meme coins emerging as the hottest commodities in the bull cycle.
What happened: Meme coins, inspired by internet memes, popular animated characters, and trends, netted massive returns to their holders in the year.
Solana (CRYPTO: SOL)-based SPX6900 was the most successful coin, skyrocketing a whopping 9695% year-to-date.
SPX is basically a parody coin that calls for the creation of a new stock market index called SPX6900, challenging the hegemony of the S&P 500. It has a maximum supply of 1 billion tokens.
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