• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

AI Meme Cryptocurrencies Showing Stellar Performance in Recent Market

user avatar

by Giorgi Kostiuk

a year ago


AI Meme Cryptocurrencies Showing Stellar Performance in Recent Market

Cryptocurrencies known as AI meme coins, emerging at the convergence of artificial intelligence and meme narratives, are showcasing remarkable performance in the latest 24-hour period. Despite the subdued trend in the overall cryptocurrency market, AI meme tokens and categories like LRTFi/LSDFi are standing out with strong results.

AI Meme Coins Leading the Rally: Noteworthy Growth of 100% in Seven Days

In the past day, the AI meme crypto segment has seen a surge of over 15% in value, contributing to a total growth of 100% over the span of seven days. This controversial sector, amalgamating two of the most hyped narratives of 2023-2024, has doubled in value within just one week.

Among the flagship cryptocurrencies in the AI meme sphere, Turbo (TURBO) and Corgi AI (CORGIAI) have emerged as top gainers within the top 250 rankings. Turbo (TURBO) recorded a 32.5% rise in 24 hours, while Corgi AI (CORGIAI) soared by 29.6%, reaching a market capitalization of $750 million.

Grok (GROK), a meme coin linked to the "community of Grok AI enthusiasts," experienced a 6% increase and is now eyeing a valuation in the nine-digit range for the first time.

As previously covered by U.Today, Grok serves as an AI-powered chatbot for Elon Musk's social network X (formerly Twitter), garnering early attention within the global crypto community.

Some traders speculate on the potential usefulness of Grok for identifying trending coins in the short term, although analysts caution on the possibility of Grok exacerbating issues related to bots on X.

Surge in Liquid Staking and Restaking Narratives

Alongside the rise of AI meme coins, there is a notable surge in the native coins of decentralized perpetual trading protocols and staking-associated assets.

Today, liquid restaking tokens, which offer users the opportunity to earn additional yield by restaking their assets, are witnessing a significant uptrend. Pendle (PENDLE) climbed by nearly 6%, reaching a valuation of $1 billion and securing a spot among the top 100 cryptocurrencies based on market capitalization.

In the liquid staking space, known for its conservative nature, prominent gains are being observed in protocols like Redacted (BTRFLY) and Origin Ether (OETH).

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

XRP Price Drop: Analyzing the Current Market Situation

chest

XRP at $3.12 with declining trading volume indicates market uncertainty and potential correction risks.

user avatarGiorgi Kostiuk

Development of BlockDAG and Best Wallet in the World of Cryptocurrency

chest

Best Wallet raised $14 million in presale, while BlockDAG raised $356 million and activated 4,500 developers.

user avatarGiorgi Kostiuk

Expert Claims XRP is Set for Surge

chest

Armando Pantoja predicts significant price movement for XRP following conversations with contacts in Washington.

user avatarGiorgi Kostiuk

Spartans, Bet9ja, and Stake.com: What do they offer players in 2025?

chest

Spartans, Bet9ja, and Stake.com offer unique opportunities for players in 2025. Discover what drives the success of these platforms.

user avatarGiorgi Kostiuk

Shiba Inu and Solana Face Uncertainty Amidst Market Discussions

chest

Shiba Inu and Solana are facing uncertainty, while cryptocurrency platforms are gaining users' attention.

user avatarGiorgi Kostiuk

U.S. Private Sector Employment Surpasses Expectations with 104K Increase in July

chest

ADP report shows a 104K job growth in the U.S. for July, marking the largest increase since March.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.