Remember how in 2024 everyone was talking about incredible profits from meme coins? Especially about GIGA, which supposedly grew by 123,929%? Well, the reality of 2026 turned out to be much harsher. Over the past year and a half, most of these market stars have lost 70-90% of their value.

But let’s go back to 2024. Back then, meme coins were truly making miracles. GIGA, NEIRO, APU, BOME, BRETT, POPCAT — all showed astronomical gains that even outshined Bitcoin (which grew by 62%) and Ethereum. GIGA led this rally with unbelievable stats, followed by NEIRO at 54,702%, APU at 22,800%, and a whole array of others. The entire meme sector was valued at $62 billion by October 2024.

What happened next? The classic crypto cycle. Traders chased quick money, forgot about risks, and the market reacted. GIGA, the king of 2024, is now down 88%. NEIRO lost 69%, APU fell 84%, BOME declined 67%. Even TURBO, which grew by 2,517% last year, is now down 44%.

This story shows the main point: meme coins are gambling, not investments. GIGA taught us that exponential growth is always followed by exponential decline. Those who entered early and exited on time made fortunes. Those who stayed loyal to GIGA until the end lost almost everything. These are the cycles of the crypto market.