In the first quarter of 2025, the cryptocurrency market shows a resurgence of old narratives with minimal emergence of new trends. The primary interest among investors has been in artificial intelligence tokens and memecoins.
Dominance of AI Tokens
According to the CoinGecko report, AI tokens captured 35.7% of global investor interest, surpassing memecoins at 27.1%. In total, these two segments accounted for 62.8% of interest.
Increase in Memecoin Interest
Interest in memecoins significantly surged ahead of U.S. President Donald Trump's inauguration, following the launch of the Official Trump memecoin and the Official Melania token. However, some analysts express concerns that memecoins are diverting capital away from more utility-driven tokens, such as Solana.
Decline of Memecoins after the Libra Crash
Following the collapse of the Libra token, which wiped out $4 billion in market value, interest in memecoins decreased. The report notes a drastic decline in the number of new tokens deployed on Solana, emphasizing the need for further investment in cryptocurrencies with real utility.
Despite the dominance of AI tokens and memecoins in Q1 2025, the crypto industry faces challenges. Experts remind us of the necessity to develop more sustainable and useful innovations in this space.