On March 6, CoinMarketCap announced the highly anticipated winners of the “CMC Crypto Awards 2024,” with the coveted title of “Meme Coin of the Year” going to Solana’s BONK. The remarkable meme coin reached an all-time high on March 4 after an impressive 232% increase in a week, and has seen an incredible growth of almost 36,700% since its introduction.

Annual Awards Ceremony

The annual awards ceremony, which celebrates the most influential contributions to the crypto and Web3 community, selected winners through a combination of public online voting, expert analysis and jury deliberations. In addition to BONK, other key players in the industry also received awards; Solana received the honor of “Crypto of the Year,” BlackRock was awarded “Bridge Builder of the Year,” and ZachXBT was named “Social Influencer to Watch.” Innovative projects such as Celestia, Pudgy Penguins and Uniswap were also recognized for their contributions to L1/L2/Cross-Chain initiatives, NFT & Gaming and DeFi respectively.

Rush Luton, CEO of CoinMarketCap, highlighted the challenge of selecting just one winner from the five nominees, recognizing that each has uniquely contributed to the industry’s progress over the past year. The highlight of the event was the decision to divide the “Crypto Leader Of The Year Award” equally among all nominees, celebrating the significant efforts of Vitalik Buterin, Ryan Selkis, Brian Armstrong, CZ and Julia Leung.

Positive response from both users and industry

Jonathan Isaac, CMO of CoinMarketCap, expressed his excitement about the positive response from both users and the industry and the ambition to make the CMC Crypto Awards even bigger next year. With an optimistic view of the market, the team looks forward to the stories they can celebrate next year.

The ceremony, supported by key players such as BingX, Animoca Brands, and Binance, reflected the resilience and promise of the crypto community. Featuring insights from industry experts such as Raoul Pal and Rush Luton, the event provided reflection on a challenging, but ultimately positive year for crypto. With the successful conclusion of this year’s awards, CoinMarketCap looks forward to an even more spectacular event next year.

Source: https://newsbit.nl/coinmarketcap-kondigt-winnaars-cmc-crypto-awards-2024-aan-met-bonk-als-meme-coin-of-the-year/

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