Memecoins, on the other hand, was the only sector in the entire universe that managed to maintain roughly the same level of interest. These altcoins, primarily based on memes, jokes, puns, or other humorous anecdotes, have had a fantastic year. Even if they are trading at a loss compared to their all-time highs, it is safe to say that most investors and long-term hodlers have profited handsomely from these coins.