AI meme cryptocurrencies, i.e. cryptocurrencies launched at the intersection between artificial intelligence and meme narratives, are demonstrating brilliant performance in the last 24 hours. Amid the pale dynamics of the overall crypto market, AI meme tokens and LRTFi/LSDFi categories are outperforming.
AI meme cryptocurrencies, i.e. cryptocurrencies launched at the intersection between artificial intelligence and meme narratives, are demonstrating brilliant performance in the last 24 hours. Amid the pale dynamics of the overall crypto market, AI meme tokens and LRTFi/LSDFi categories are outperforming.
AI Meme Coins Rebound – Top Performing Segment in Crypto Surges 100% in Seven Days
In the last 24 hours, the AI meme crypto category added over 15% in value, bringing the total seven-day growth to 100%. As such, this controversial segment that merges features of two of the most overrated narratives of 2023-2024 doubled in value in just one week.
Two flagship cryptocurrencies of the AI meme group, Turbo (TURBO) and Corgi AI (CORGIAI) are among the biggest gainers in the top 250. Turbo (TURBO) added 32.5% in 24 hours, while CorgiAI (CORGIAI) soared 29.6% to reach a market cap of $750 million.
Grok (GROK), a meme coin behind the “Grok community of AI enthusiasts,” added 6% and is now aiming for a nine-digit valuation for the first time in its history.
As Guru-Investingpreviously reported, Grok is an AI-powered chatbot for Elon Musk’s social network X (formerly Twitter). From the beginning of the project, it attracted the attention of the global crypto community.
Yuri MolchanSome cryptocurrency traders believe that Grok could be useful when looking for short-term trending coins. However, analysts warn that Grok could amplify problems with bots on X.
Liquid Betting and Rethinking Narratives Gained Strength
In addition to AI meme coins, native coins of decentralized perpetual trading protocols and staking segment assets demonstrate splendid performance.
Liquid rollover tokens, assets that allow users to earn additional yield on their staked assets by rolling them over, are surging today: Pendle (PENDLE) added nearly 6% and reached a $1 billion valuation. The asset jumped into the top 100 cryptocurrencies by market capitalization.
In the liquid betting segment, which is considered more conservative, the Redacted (BTRFLY) and Origin Ether (OETH) protocols demonstrate strong gains.
