2024 Crypto Narratives Recap

January 2024: ETF Approval & Market Moves

• Jan 3: Major liquidation event

• Jan 9: Fake ETF approval ETHBTC pump

• Jan 10: Actual ETF approval confirmed

• ETHBTC and ETH beta coins rally: ENS, ARB, LDO, MAV, ENS

• Last unpumped L1? → SUI

• Notable gainers: RON, TAO

• Solana memecoins surge: WIF, MYRO

• Other movers: PENDLE, Pudgy Penguins

February 2024: AI Coins, Memecoins, Bullish Month

• BTC +43% / ETH +46%

• OpenAI Sora news sparks AI coins rally: WLD, ARKM, AR, FET, AGIX

• Memecoins thrive: PEPE, WIF, FLOKI, BONK

• Gaming: BEAM, GALA, MAVIA

• New coins still performing: MAVIA, ZETA, DYM

• Farcaster Frames and short Base season: DEGEN

• ERC404 narrative: PANDORA

• UNI fee switch leads to +80% surge

• STX as BTC beta

• ONDO surges

• Bitcoin Ordinals hype: NodeMonkes & Bitcoin Puppets

• On-chain runners: TRUMP, WHALES, MOG

March 2024: Memecoins & RWA

• BTC hits new ATH at $74K

• Memecoins dominate: PEPE, WIF, FLOKI, DOGE

• AI coins pump pre-Nvidia conference: NEAR, RNDR, FET

• ONDO & RWA rally post-BlackRock tokenisation news (TOKEN, RSR, OM)

• Solana season: SOL surpasses $200, JUP 3x, WIF reaches $5B

• Presale meta takes off: BOME, SLERF

• Base season: DEGEN, AERO, TOSHI, BRETT

• BCH halving drives strong performance

• APT 2x on BlackRock partnership rumors

• EIP-4844 = nothingburger

• FTM 2x with Sonic catalyst

• TON 2x

• MKR jumps from $2K → $4K

• ETHFI 3x post-listing

• On-chain runners: POPCAT, BODEN, PEPECOIN

April 2024: Red Month & Halving

• BTCFi pumps pre-halving, then sells off: PUPS, WZRD, MUBI

• Two liquidation cascades (April 12 & 13, Iran drones)

• ENA launches, up 2x

• Memecoins remain strongest post-dump

• TON surges but dumps after Durov’s Token2049 talk

• New coins disappoint: W, TNSR, ZEUS, SAGA, OMNI, MERL

• HBAR 2x before crashing on dubious BlackRock partnership

• On-chain runners: BODEN ($700M peak), ANDY, USA, APU

May 2024: ETH ETF Approval, PEPE ATH, PolitiFi

• ETH ETF approved

• ETH beta coins rally: ENS, PENDLE, UNI, LDO

• Memecoins surge: FLOKI, BONK, TURBO (13x), PONKE, WOJAK, MOG, BRETT

• ONDO and RWA rally post-ETF approval

• PEPE very strong, hits new ATH

• AI narrative strengthens (NVDA earnings): AR, RNDR

• PolitiFi trend: TRUMP, new MAGA coin, TREMP

• FRIEND token launches

• Roaring Kitty returns, GME stock short squeeze

• PEOPLE 4x

• SOL celebrity coin meta begins (JENNER)

June 2024: Red Month

• NOT squeeze to $3B

• BRETT reaches $2B

• Celebrity coins trend: MOTHER, DADDY

• BNB hits new ATH at $720

• Mt. Gox distribution & German BTC selling concerns

• $DJT launch and Burj pattern

• Egorov liquidated on CRV

• Cat coins pump (MOG, POPCAT) at the end of the month

• On-chain runner: WOLF

July 2024: BTC Nashville

• Germans sell their $BTC in early July

• BTC crashes to $53K → altcoin capitulation, followed by strong bounce

• XRP & "dino coins" rally (TRX, ZEC, XMR)

• Trump shot at (July 13) → market pumps within minutes

• BTC Nashville conference with Trump → BTC rallies to $69K in anticipation

• BTC rejected at $70K, downtrend resumes

• SOL & SOL beta coins strong throughout the month: JUP, JTO, PYTH, RAY, HNT

• Cat coin rally: MOG, POPCAT, MEW

• ETH ETF launches → ETHBTC dumps a few days later

• ZRO new coin pumps

• PVP between NEIRO coins, NEIROETH hits $200M

• DeFi 1.0 leaders remain strong: MKR, AAVE

• Sol memecoins explode: GIGA ($30M → $200M), SCF (100x), MUMU, RETARDIO

August 2024: BTC Drops Below $50K

• August 5: Huge crash triggered by yen carry trade unwind

• SUI touted as the “Next SOL’ narrative gains traction

• Ripple fined only $125M → XRP surges +30%

• Tron season: SUNDOG (+450%), TRX, SUN

• HNT, AAVE strong

• NEIRO saga: NEIROETH ($300M → $30M), NEIROCTO → $60M

• Sol memes boom: FWOG ($100M), GIGA ($300M)

• RTR launches to $150M before crashing

• Pavel Durov arrested in France → TON dumps

September 2024: VC Coins Pump

• VC-backed projects surge: SUI, SAGA, SEI, ENA W

• AI coins rally: TAO

• FTM pumps

• SOL mid-caps rally (but not SOL itself): CLOUD, DRIFT, PRCL, ZEUS, KMNO

• FOMC announces 50bps rate cut

• NEIROCTO skyrockets ($15M → $550M, Binance listing)

• MOODENG ($1M → $300M)

• SPX ($15M → $150M)

• Memecoins lag early but rally by month’s end: POPCAT, WIF, MOG

October 2024: Murad Mania

• Murad-driven rally: SPX ($150M → $900M), GIGA ($200M → $700M), POPCAT ($1B → $1.8B)

• Strong first half for SUI, TAO, SAGA, SEI, but weak second half

• AI meme/agent trend takes off: GOAT ($0 → $900M in 2 weeks), VIRTUAL +550%

• Uptober for BTC & BTC.D

• DOGE & DOGEGOV gain traction

• Solana & ETH chains see heavy activity

• NEIROCTO hits new ATH near $1B

• FWOG surges +260%

November 2024: Trump Victory & Dino Coins Pump

• Trump wins election

• DOGE & DOGEGOV rally

• BTC breaks out, reaches $99K

• Sol mid-caps pump: RAY, DRIFT, PRCL, ORCA

• Meme trifecta: NEIRO, MOODENG, GOAT

• SUI hits $4B FDV

• Dino coins go parabolic: XRP, ADA, XLM

• Binance listings: PNUT ($2.4B peak), ACT ($1B peak)

• PEPE & WIF listed on Coinbase

• BONK pumps

• AI agents trend: VIRTUAL, AI16Z, ZEREBRO, AIXBT, FARTCOIN

• DeSci narrative: RSC, VITA, GENOME, URO, RIF

• HYPE (HyperLiquid) token launch

• Other on-chain runners: CHILLGUY, LUCE, FRED

• 2021 metaverse coins rally: SAND, MANA, GALA

December 2024: AI Agents Surge

• Dino coin rally peaks: XRP tops just below $3

• HYPE and HyperLiquid ecosystem tokens pump: HYPE, PURR, PIP

• AI agents dominate: VIRTUAL, AI16Z, ZEREBRO, GRIFFAIN, ARC, GAME, AIXBT

• FARTCOIN hits $1.3B top

• Trump-related picks: AAVE, ENA, ONDO, LINK

• SUI reaches new ATH ($48B FDV)

• PEPE hits new ATH ($11B)

• MORPHO surges

• Pudgy Penguins & NFT sector pump, PENGU token launches

• Scam pumps: MOCA, UXLINK

• Biggest losers: PNUT, GOAT, NEIRO, POPCAT, WIF