AI tokens, memecoins, were leading crypto narratives in Q1 2025: CoinGecko“Seems like we have yet to see another new narrative emerge and we are still following past quarters’ trends,” said Bobby Ong, the co-founder and chief operating officer of CoinGecko, in an April 17 X post.“I guess we are all tired from the same old trends repeating themselves.”Related: Bitcoin still on track for $1.8M in 2035, says analystInterest in memecoins saw a sharp increase ahead of US President Donald Trump’s inauguration on Jan.20 after his team launched the Official Trump (TRUMP) memecoin on Jan.18 and the Official Melania (MELANIA) token on Jan.19 on the Solana network.
Source: CoinGeckoWhile the Libra scandal marked the end of the “politicam memecoin” trend, the industry’s most profitable traders are still hunting for speculative memecoin investments despite the end of the memecoin supercycle.“There was the recent meme surge and smart money is always happy to capitulate on that,” Nicolai Sondergaard, a research analyst at Nansen, told Cointelegraph, adding that memecoins may only be a “fun play” for smart investors, as they aren’t affected by the same macroeconomic concerns as Bitcoin (BTC) and Ether (ETH).
Related: Ethereum L2 development is ‘double-edged sword’ for ETH valueMemecoins “fell off a cliff” after Libra fiascoThe crypto industry took another hit after the collapse of the Libra (LIBRA) token, a memecoin endorsed by Argentine President Javier Milei, which wiped out $4 billion in market value within hours after insiders allegedly withdrew over $107 million in liquidity, causing a 94% price crash.Libra token crash.
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Author / Journalist: Cointelegraph by Zoltan Vardai
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