The cryptocurrency market has seen a rally in meme tokens, with both older established memes and new AI-generated tokens reaching new all-time highs. The meme market as a whole has recovered above $124 billion in total valuation. However, the mindshare of memes has decreased, displaced by AI agent tests. Meme tokens are already highly liquid and watched by whales and market-makers. The trend of memes is still strong, but attention is mainly coming from insider communities. SPX6900 (SPX) and Gigachad (GIGA) are considered potential leaders for this cycle, similar to DOGE and SHIB. Despite the perception that older memes have lost their appeal, certain cult tokens, like FARTCOIN, have rallied. Other categories, such as PolitiFi and parody tokens, have failed to take off. The Virtuals Protocol (VIRTUAL) reached an all-time high but then experienced a decline. AI16Z and ZEREBRO are both meme tokens and part of overlapping narratives. AI16Z saw a significant increase in mindshare, while Truth Terminal and ZEREBRO were among the biggest losers. AI16Z aims to become an information and community hub but currently has fewer followers compared to other AI agents.
- Content Editor ( cryptopolitan.com )
- 2025-01-03
Memes pump again, though still losing mindshare to AI projects