Many top experts in the field of cryptocurrency agree that there is a shift towards utility coins across all areas of cryptocurrency. The year 2025 is expected to be a promising year for cryptocurrency projects with practical real-world use cases.
It is time to bring the cryptocurrency market back to its rightful position – combining investment trends while affirming valuable real-world use cases.
Utility coins are exploding while meme coin prices remain stagnant.
In 2024, some meme coin projects have delivered quite impressive profits for the investor community. However, experts predict that the cryptocurrency market is gradually shifting trends back to the 'true nature' of the cryptocurrency market, emphasizing utility above all.
Famous analyst Cevo recently posted on social media X about the 'utility coin season' along with a meme suggesting that 'I may be predicting a bit early, but I'm not wrong.'
Essentially, this cryptocurrency expert means that although it's still early, the season for utility coins has started and is preparing to rise, replacing the previous trend of meme coins.
You can see this new trend in real-time. Filtering the top 10 cryptocurrencies by 24-hour performance on CoinMarketCap, there is no sign of any meme coin.
The meme coin with the best performance on the rankings is Pepe coin, which recorded a 5.9% increase at the time of writing.
The second-best performing meme is Peanut the Squirrel, which is ranked 31st on the leaderboard. This virtual coin has seen an increase of 4%, but remains in the negative when looking at just this week.
Currently, many traders have noticed that making profit from meme coin investments is no longer as 'easy' as it used to be. And former Binance CEO CZ may have played a role in this.
CZ launches a new utility coin season – a new trend for the global cryptocurrency market?
The cryptocurrency exchange with the highest trading volume in the world, Binance, has continuously listed new meme coins in recent months. But the former CEO of Binance, Changpeng Zhao (CZ), has expressed his opinion that meme coin projects will soon be replaced.
This tweet from CZ received over 9 million views. To some extent, it has impacted the global cryptocurrency market – as investment capital begins to shift towards projects with practical utility rather than those merely based on meme speculation.
CZ's next tweet further reinforces his earlier statement, highlighting the value of running AI models on the blockchain.
Crypto analyst Miles Deutscher commented on this, stating that the community is moving towards a 'strong shift to utility coins'.
Ethereum Name Service is leading the way, followed by the decentralized DeFi protocol Ethena.
Lido DAO and Celestia also recorded significant increases this week – both rising by over 50%.
Finding out which coin will be pumped next is not an easy task – even for experts in cryptocurrency and seasoned traders. However, there is a new utility coin project that is rapidly gaining attention from the investor community, with infrastructure supporting over 60 blockchains.