The landscape of crypto narratives is experiencing significant changes in various sectors, encompassing meme coins, AI tokens, and "Made in USA" cryptocurrencies. Over the last 24 hours, meme coins have collectively decreased their market cap by 8.7% to $101 billion, with prominent tokens like FARTCOIN and PEPE enduring losses in the double digits.
In the realm of AI technology, the emergence of DeepSeek's cost-effective model has disrupted the market, resulting in a 10.2% devaluation of AI crypto tokens. The prospective influence of Trump’s administration on pushing forward the "Made in USA" crypto agenda may boost interest in tokens such as SOL, DOGE, and ADA, driven by potentially favorable policies.
Meme Coins:
The market capitalization of meme coins has registered an 8.7% decline in the past day, nearing the $100 billion threshold. Notably, the top 10 meme coins have all experienced downturns, with FARTCOIN plunging by 20%, PENGU by 15%, and PEPE by 13%.
Artificial Intelligence:
The introduction of DeepSeek has disrupted the AI sector, impacting artificial intelligence cryptocurrencies as well. The market value of AI-related cryptos has slumped by 10.2% in the recent period to $37.4 billion, with significant downturns among major AI coins such as RENDER and VIRTUAL.
Made In USA:
The potential resurgence of the "Made in USA" crypto narrative under the influence of Trump’s administration's policies could revitalize the market for US-based coins. Coins like SOL, XRP, DOGE, ADA, and LINK have faced declines, with SOL, DOGE, and ADA witnessing drops of over 7%. Positive developments in US crypto regulations may pave the way for a resurgence in the values of these assets.