CoinMarketCap Crypto Awards Sees Anticipations From Meme Coin Communities

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CoinMarketCap Crypto Awards Sees Anticipations From Meme Coin Communities
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CoinMarketCap, one of the world’s most trusted Cryptocurrency data providers, has announced its first annual inaugural event dubbed “Crypto Awards 2024”.

According to a recent press release, CoinMarketCap’s upcoming Crypto Awards 2024 has got the crypto community buzzing, especially meme coin enthusiasts. One of the most anticipated categories is the Meme Coin Of The Year, with Pepe, Bonk, Milady, Memecoin, and ORDI nominated to contend for this category.

CMC Crypto Awards 2024 Scheduled for March 6

CoinMarketCap has unveiled a partnership with Trust Wallet, a secure self-custody crypto wallet, to present the awards to the winning project.

Notably, each meme coin nominated for the Meme Coin of the Year boasts a unique narrative and massive following. Pepe, originating from the iconic Pepe the Frog meme, has transformed into a billion-dollar market innovation since its 2023 debut, signalling a triumph for internet culture in the crypto space.

Bonk, hailed as a Christmas miracle for the Solana community in 2021, has emerged as a symbol of unity and grassroots empowerment. Its meme-centric branding resonates deeply with supporters, embodying the ethos of community-driven initiatives within the crypto ecosystem.

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Propelled by its distinctive “neochibi-style” NFTs and endorsement from influential figures like Elon Musk, Milady has surged in popularity, bridging the realms of art, finance, and internet culture with aplomb.

Memecoin, led by 9GAG’s Ray Chan, showcases how memes can influence the world of finance. Finally, ORDI made waves by becoming the first meme coin on Bitcoin’s blockchain, combining Bitcoin’s credibility with meme culture’s energy.

With the voting deadline on March 3, crypto users are rushing to CoinMarketCap to support their favourite meme coins. Winners will be announced during the CMC Crypto Awards 2024 ceremony on March 6th, with the selection based on community votes, CoinMarketCap data, and expert opinions.