Binance Be taught has printed the swiftly changing trends on the cryptocurrency market, in particular concerning meme coins and tokens linked to the nascent artificial intelligence technology.
Meme coins grew to change into stylish in 2024
Binance Be taught printed a thread revealing that AI agent-linked coins were catching up with meme cryptocurrencies in a story upward push within the leisure few months. The thread has shared among the most files printed within the speak about the upward push of meme coins in 2024 and how AI cryptos are elevating their heads as 2025 has kicked off.
Memecoins were a standout pattern of 2024 and dominated crypto mindshare. No longer some distance at the serve of used to be the AI story, with AI brokers particularly picking up steam over the leisure few months.
We no longer too long within the past mentioned these matters in our Plump-Three hundred and sixty five days 2024 & Subject matters for 2025 File 🧵 pic.twitter.com/zgh7Ps42AO
— Binance Be taught (@BinanceResearch) February 4, 2025
Basically based completely completely on the speak, meme coins were “the largest performing sub-sector of 2024,” presenting a make of 212% for that year. Meme coins hugely outperformed the DeFi and layer-1 sectors and “were materially sooner than many standard TradFi investments.” Amongst the principle reasons for the unprecedented recognition earned by meme cryptocurrencies, per the speak, is that when they originate, there are no longer any insider allocations or token unlocks. This creates “a sense of transparency and fairness.”
Besides, the speak says, in 2024, anti-VC sentiment dominated the crypto market as many retail merchants were pissed off at the underperformance of predominant cryptocurrencies. These early crypto merchants began in pour money into meme coins, riding its story upward.
Besides, the speak mentioned that “meme coins are speculative vehicles for culture,” i.e., they inspire to repair on the blockchain obvious moments of culture/time after which flip them into a success coins.
The speak identified that, currently, there are two leading blockchains that host the largest meme cryptos – Ethereum and Solana. The pale continues “to play host to the largest and most established memes.” On the alternative hand, remaining year, Solana used to be the leader because the meme coin procuring and selling chain.
AI coins would perchance perchance also very successfully be taking it over from meme cryptos
Over the leisure few months, per the speak, AI brokers indulge in made it to the cease of the list of the leading market narratives. Therefore, coins linked to those AI brokers have gotten standard too, Binance Be taught says, naming a GOAT token linked to the Truth Terminal as an example; in October 2024 it grew to change into “the first AI agent millionaire.”
The most traditional AI brokers now are of us that offer customers with market commentary and/or leisure. One other example of a a success AI coin within the speak used to be Ai16z.
