Key Points:
- AI Meme Coins show remarkable growth, with a 16% increase, while the broader market remains sluggish.
- AI16Z leads performers with a 57.51% gain, followed by ELIZA at a 53.34% increase.
AI meme coin sector defies market downturn with 16% surge in 24 hours. Top performer AI16Z jumps 57.51%, while Goatseus Maximus and Act I show strong growth on Binance.
Despite a sluggish performance across the broader cryptocurrency market, the AI Meme Coin sector defied the odds with a remarkable 24-hour increase of 16%, according to SoSoValue data.
AI Meme Coins Surge Amidst Market Downturn
Top Performers (Real-time Update):
| Rank | Coin | 24H Change (%) | Market Cap (USD) | Highlights |
|---|---|---|---|---|
| 1 | AI16Z | +57.51% | $242.22M | Leading the surge with significant trading volume and investor interest. |
| 2 | Eliza (ELIZA) | +53.34% | $21.44M | Gaining attention for innovative AI-backed utilities. |
| 3 | Luna by Virtuals | +41.87% | $62.1M | Strong community-driven momentum boosting its value. |
| 4 | Virtuals Protocol | +30.13% | $757.27M | Growth fueled by developments in decentralized AI applications. |
| 5 | Goatseus Maximus | +16.69% | $856.39M | Continues to dominate as a leader in the AI Meme Coin narrative. |
| 6 | Act I (ACT) | +2.90% | $423.39M | Surging post-Binance listing, leveraging AI to drive user engagement and content generation. |
Broader Crypto Market Snapshot:
While AI Meme Coins stole the spotlight, the SocialFi sector also posted gains, albeit modest, with a 1.89% increase:
- Toncoin (TON) rose by 1.90%, reflecting steady demand in the decentralized communications niche.
- Mask Network (MASK) climbed 3.38%, fueled by increasing adoption of its privacy-focused features.
Conversely, Layer2 and LSDFi, which had rallied strongly the previous day, saw declines of 3.56% and 0.78%, respectively. These reversals indicate a short-term profit-taking phase as traders shift focus toward emerging trends like AI Meme Coins.
Read more: ACT Launches $1M AI Meme Fund For Creative Meme Ideas
What’s Fueling the AI Meme Coin Boom?
The very first AI meme coin that took a spot on Binance is Goatseus Maximus (GOAT). Launched earlier this year, GOAT has rapidly ascended to a market capitalization exceeding $1 billion. Such growth is largely driven by its unique origin story, where an AI agent, Truth Terminal, played a pivotal role in its creation and promotion.
Following the success of GOAT, Act I: The AI Prophecy (ACT), a Solana-based AI meme coin which launched in October 2024, experienced a substantial surge in value following its listing on Binance on November 11, 2024. Before the listing, ACT’s market capitalization was approximately $24 million, which escalated to a peak of $591 million shortly after.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/293971-ai-meme-coins-lead-16-rally-amid-market-slump