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REGULATION
by
1 year ago

A report from CoinGecko reveals the best performing crypto by category in 2023

2024-04-04

REGULATION
by
1 year ago

 

On Apr 3, 2024, CoinGecko released a report that rank the best performing crypto by category in 2023

 

Rank

Category

Average Returns

1

Memecoin

1312.58%

2

RWA

285.61%

3

AI

221.95%

4

DeFi

98.86%

5

DePIN

81.00%

6

Layer 1

69.95%

7

GameFi

64.35%

8

Layer 2

39.47%



Memecoin category ranked the highest return of 1,312.6%. Dogwifthat, Pepe, Bonk, and BOOK OF MEME were the best performing memecoins in 2023. Most of the best performing memecoins in 2023 are Solana’s memecoins.

 

Real World Assets came in second place with 285.61% return.

 

AI token ranked third with 221.95%. Fetch.ai had 378.3% gain. AI token is an interesting category because generative AI has been a trend since 2023.

 

Number 6 is layer-1, it had 69.95% return. Layer-1 crypto has always been performed well because it is an infrastructure for crypto economy.

 

Toncoin, Bitcoin Cash, and Bitcoin were top performing layer-1 crypto in 2023.

 


www.coingecko.com/research/publications/most-profitable-crypto-narratives

 

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