AI memecoins such as Fartcoin are leaders in Smart Money portfolios, but experts doubt their long-term value.
Popular AI Memecoins in Smart Money Portfolios
According to Nansen's Smart Money dashboard, the largest holding is Fartcoin, distributed among 76 holders with a value of $28.68 million. Virtuals Protocol and Aixbt follow with $11.04 million and $4.74 million respectively. These tokens have shown significant weekly gains, notably Fartcoin with a 98% increase.
Expert Views on AI Memecoin Trend
Despite positive performance, experts are skeptical about the long-term viability of AI memecoins. Dragonfly Capital's managing partner Haseeb Qureshi believes the current popularity is driven by speculative interest, lacking lasting value.
Future Changes Predicted
Qureshi predicts the novelty of AI-driven memecoins may last through 2025 but will fade by 2026. Other experts like Alberto Fernández from Qubic Ecosystem agree that memecoins will give way to utility-driven assets.
While Smart Money is currently betting on AI memecoins, their long-term viability is uncertain. Experts remain skeptical about their future.