The GMCI data shows that meme coins, although experiencing a decline, still outperform Bitcoin and Ethereum. The GMCI Meme Index has dropped by 60% since its peak in December, but it still maintains a strong lead over BTC and ETH. Meme coins had gained momentum in 2024, capturing 15% of investor interest and showing an annual gain of 212% in the sub-sector. However, market analysts believe that the meme coin sector is cooling off, and the narrative may be reaching its peak. There is a growing belief that AI-agent tokens may replace meme coins in the future. Despite this, meme coins continue to outperform BTC and ETH for now.



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