AI Meme Token Market Cap Surpasses $10 Billion, ai16z Leads Rally
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The AI meme coin market has crossed a major milestone, reaching $10.3 billion in total market capitalization on January 2, 2025. Data from CoinGecko shows the sector gained 18.4% in 24 hours, with trading volume hitting $2.86 billion. The surge places several AI meme tokens among the top 100 cryptocurrencies by market cap, with ai16z leading the category at $2.23 billion. The market’s growth shows broader interest in AI-themed cryptocurrencies during the new year period. Trading activity has concentrated in the top three tokens – ai16z reaching $2.04 per token, Fartcoin at $1.39, and Zerebro at $0.6809. These prices come after substantial weekly gains, with ai16z rising 157.5% and Zerebro gaining 98.4% over the past seven days. ai16z leads AI meme token rally ai16z holds the top position in the AI meme coin market with a $2.23 billion market cap. It holds over 20% of the total AI meme token value. The token’s price climbed to $2.04, marking a 157.5% gain over seven days despite a 3.4% pullback in recent hours. Trading volume remains high at $552 million per day, indicating active market participation. – Advertisement – Source: CoinGecko The token’s rise has pushed it to rank 66 among all cryptocurrencies, placing it ahead of many established blockchain projects. This ranking comes after a 140% price increase during the new year week, when ai16z hit an all-time high of $2.12. Second-tier tokens show strong growth Fartcoin holds second place in the AI meme coin rankings with a $1.37 billion market cap. Trading at $1.39, the token added 45.3% in 24 hours with $183 million in daily volume. Unlike other AI meme tokens that focus on serious AI applications, Fartcoin built its following through humor while maintaining connections to AI development themes. The token’s 46.1% weekly gain comes with steady price…
Filed under: News - @ January 3, 2025 3:16 am