"PINTU's Crypto Surge: AI & Meme Tokens Drive 150% YoY Volume Boom"

Generated by AI AgentCoin World
Wednesday, Feb 12, 2025 3:02 am ET1min read

PINTU, Indonesia's leading all-in-one crypto app, has reported a remarkable 150% year-on-year (YoY) surge in trading volume, driven by the explosive growth of AI and meme tokens in 2024. This milestone reflects a broader global trend, as the overall crypto market experienced substantial expansion.

According to PINTU's internal data from January 2024 to January 2025, there was a massive increase in trading activity, with total trading volume up over 150% YoY and Monthly Trading Users (MTU) increasing by more than 100%. The most traded tokens on PINTU were AI tokens, which saw a trading volume surge of over 1,200%, followed by meme tokens, which recorded a 230% increase.

Globally, the crypto market capitalization rose by 97.7% in 2024, reaching $3.40 trillion by the end of the fourth quarter, according to CoinGecko's Annual Crypto Industry Report. This growth was mirrored by a 128.2% jump in average crypto trading volume, from $88.0 billion in Q3 2024 to $200.7 billion in Q4 2024.

The rise of AI tokens, with a 2,940% average Return on Investment (ROI) for the top 10, and meme tokens, boasting a 2,185% average ROI, dominated the 2024 crypto narrative. The AI sector growth was driven by innovations like ChatGPT and DeepSeek, as well as AI Agents—autonomous artificial intelligence systems capable of performing complex tasks efficiently.

Meme token growth, driven by communities around projects like Dogecoin (DOGE), which surged 255%, and Popcat (POPCAT), which skyrocketed 9,954%, was closely linked to the Solana (SOL) ecosystem's expansion. Solana's network transactions increased by 152% in Q4 2024, exceeding Ethereum's transaction volume.

In Indonesia, crypto transactions surged 335.91% from 2023 to 2024, reaching a total value of ID