The meme coin sector has seen a significant downturn, losing $35.20 billion in value over the past 26 days. Despite new entrants like the TRUMP token and AI-driven agent tokens, the market has continued to cool down. Dogecoin, shiba inu, and pepe, the top three meme coins, have collectively lost $17.74 billion in value. Pudgy penguins experienced a steep drop in market value and fell from fourth to ninth place. TRUMP, the official meme coin of the 47th U.S. President, is now leading the market. The AI agent coin AI16Z also experienced a significant decline in value. Overall, meme coins have lost about 63.3% of their aggregate value. The future of meme coins is uncertain, but with Trump's backing, they are likely to continue to exist.
Content Editor ( news.bitcoin.com )
- 2025-02-02
Meme Coin Economy Drops $35B in 26 Days, Even as TRUMP Token and AI Agents Enter the Fray
