CoinGecko, a popular cryptocurrency analytics service, has reported that AI-themed meme cryptocurrencies have experienced significant growth in their market capitalization. The overall market value of AI meme coins has reached over $10 billion, with a 26.4% increase in the last 24 hours. The trading volume for these coins has also reached an impressive $2.46 billion. The largest AI meme coin, ai16z, has a market capitalization of $2.659 billion. Despite being launched in October 2024, ai16z has surpassed meme coin market leaders like Dogecoin, Shiba Inu, and Pepe Coin, currently trading at $2 per coin compared to their lower values. Additionally, tech billionaire Elon Musk adopted a new pseudonym, Kekius Maximus, on the X app, using a Pepe the Frog avatar. This move caused the price of Pepe Coin to rise by almost 12%, with Cardano founder Charles Hoskinson noting that the concept of "Kek" contains layers of memes, internet culture, and crypto.



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