Solana's BONK wins 'Meme Coin of the Year' at the CMC Crypto Awards 2024, while industry leaders like Solana, BlackRock, and ZachXBT also honored. Insights from experts like Raoul Pal and Rush Luton reflect on the crypto's resurgent year.
On March 6th, CoinMarketCap announced the winners of the “CMC Crypto Awards 2024”, honoring Solana’s BONK as the “Meme Coin of the Year”. BONK reached its all-time high on March 4th, soaring 232% in just seven days. Since its inception, BONK has surged by an impressive 36,700%.
This event acknowledges the outstanding contributors to the crypto and Web3 ecosystems. Winners were selected through a meticulous process involving online public voting, expert evaluation, and committee deliberations.
Solana clinched the prestigious “Crypto of the Year” award, while BlackRock earned the title of “Bridge Builder of the Year”, and ZachXBT was recognized as the “Social Influencer to Watch”. In the realm of innovation, Celestia was commended for its pioneering work on L1/L2/Cross-Chain projects, Pudgy Penguins for their contributions to NFT & Gaming, and Uniswap for its groundbreaking work in DeFi.
“Choosing a single winner proved to be an impossible task,” stated Rush Luton, CEO of CoinMarketCap. “Each of the five nominees has made significant contributions over the past year, albeit in diverse ways. We wanted to acknowledge their collective efforts in propelling the industry forward.”
A significant moment was the unprecedented decision to award the “Crypto Leader Of The Year Award” to all nominees. Vitalik Buterin, Ryan Selkis, Brian Armstrong, CZ, and Julia Leung were collectively celebrated for their remarkable contributions to the crypto space.
“The positive feedback from both our users and the industry has been overwhelming,” remarked Jonathan Isaac, CMO of CoinMarketCap. “We are eager to make the CMC Crypto Awards even more impactful, and with the market showing such promise, we anticipate celebrating even more remarkable stories next year.”
The event featured insights from industry luminaries like Raoul Pal and Rush Luton, reflecting on a turbulent yet resilient year for crypto. The warm reception of the Awards Ceremony has inspired CoinMarketCap to envision an even more spectacular event for the coming year, as shared by Jonathan Isaac, CMO of CoinMarketCap.
The CMC Crypto Awards received support from key players such as BingX, Animoca Brands, and Binance, underscoring the resilience and potential of the crypto community.