CoinGecko Q2 Report: Total Cryptocurrency Market Cap Drops 14.4%, MemeCoins, AI, and RWA are the Hottest Categories

ChainCatcher news, according to the cryptocurrency industry report released by CoinGecko for Q2 2024, the total cryptocurrency market capitalization fell by 14.4% in the second quarter, settling at $2.43 trillion.

Key highlights of the report include: Bitcoin miner hash rate decreased by 18.8%, marking the first quarterly decline since Q2 2022; Meme Coins, artificial intelligence, and real-world assets (RWA) emerged as the hottest categories, accounting for 77.5% of network traffic; Ethereum supply increased by 120,818 ETH; centralized exchange spot trading volume decreased by 12.2%, while decentralized exchange spot trading volume increased by 15.7%.