A New Trend in the Cryptocurrency Market: The Decline of Meme Coins and the Rise of RWA and AI Cryptocurrencies
Recently, the popularity of meme coins in the cryptocurrency market has begun to wane, while real-world asset tokens (RWA) and artificial intelligence (AI)-related cryptocurrencies are emerging as new trends. This article examines the decline of meme coins and the growth potential of RWA and AI cryptocurrencies.
The Decline of Meme Coins: The End of a Fad
Meme coins that once heated up the market are now experiencing significant declines.
- Dogecoin (DOGE): Falling from a peak of $0.43 last month to the current price of $0.25.
- Shiba Inu (SHIB): Returning to pre-election levels at $0.000015.
- "Official Trump" based on Solana: Dropping more than 80% from its peak of $75.96k to currently trade at $16.
In contrast, Bitcoin has maintained a price of around $96K, showing a relatively stable trend with its market share rising to 60%.
Growth of RWA (Real-World Asset Tokenization) and Institutional Investment
RWA is innovating the integration of traditional finance with blockchain technology. Notably, major financial institutions are actively investing in this area.
- BlackRock: Launched a BUIDL fund.
- UBS Bank: Implemented uMint.
- Abrdn: Tokenized a £3.8B (approximately $6.5 billion) fund utilizing the XRPL.
RWA offers fast payment and transaction capabilities that could potentially replace the existing SWIFT system, making it a significant factor in reshaping the future of the financial market.
The Rise of AI Cryptocurrencies and Growth Potential
With the rapid advancement of AI technology, AI-related cryptocurrencies are gaining attention as well.
- Virtuals Protocol: Introduced AI agents, resulting in a projected 7000% increase in token value by the end of 2024.
- Deepseek: Developed an AI LLM that can compete with large U.S. corporations on a mere budget of $6 million.
- AI16z: Supported by Andreessen Horowitz, raised a significant $6.5 million investment.
- Donald Trump's $500 billion AI fund: Expected to influence the AI cryptocurrency market with backing from renowned entrepreneurs like Elon Musk, Sam Altman, and Masayoshi Son.
Particularly, the rapid advancements of AI agents such as ChatGPT's Operator and IBM Watson indicate a strong possibility for the AI-based cryptocurrency market to see substantial growth in 2025.
Future Outlook
As the era of meme coins fades, RWA and AI cryptocurrencies are emerging as new leading forces. It remains to be seen whether RWA, supported by institutions, will dominate the market or if AI-based tokens will lead the next bull run alongside advancements in AI technology.
Investors need to closely monitor these new trends and strategize from a long-term perspective. Continuous interest and analysis will be necessary to understand how the cryptocurrency market will evolve in the future.
- This article does not constitute investment advice or financial recommendations.Cryptocurrency investments carry high risks, and the responsibility for any investment decisions lies solely with the investor.
