AI coins stand out with a market value of $24.1 billion: RENDER, VIRTUAL and TAO are at the forefront with a 72% share of the crypto market. Metaverse and Gaming coins are regaining investor interest with names such as Immutable X and GALA, as well as PRIME and HEART, which are up 30%. Meme Coins are on the rise with DOGE leading the way with $57 billion, along with Solana-based tokens.
This week, AI, Metaverse, and Gaming and Meme Coins have become some of the most influential narratives in the cryptocurrency market. AI coins are drawing attention with a combined market cap of $24.1 billion, with leading projects including RENDER, VIRTUAL, and TAO.
The Metaverse and Gaming sector continues to follow with six coins with a market cap of over $1 billion, with established projects like GALA and newly emerging coins like PRIME. Meme coins are also showing growth; all of the top 10 meme coins exceed $1 billion in market cap, while DOGE maintains its leadership with a market cap of $57 billion. Projects like Solana-based PENGU are gaining momentum and moving into second place.
Artificial Intelligence (AI)
Artificial intelligence coins have dominated the cryptocurrency market this week, with the combined market cap of the top 10 AI coins reaching $24.1 billion. Projects like RENDER, VIRTUAL, and TAO are leading the charge with market caps exceeding $4 billion each. Investors are showing increasing interest in AI-focused projects.
Data from Kaito shows that AI has a 72% mind share in the cryptocurrency market, leaving other sectors like Memes, GameFi, DeFi behind. This, along with Sam Altman’s statements on AGI (Artificial General Intelligence), seems to have further increased the interest in AI projects. It is predicted that the dominance of AI coins in the market narrative may continue for a long time.
Metaverse and Gaming
The metaverse and gaming sector gained significant momentum in the crypto space in 2021, but it continues to evolve as the integration of gaming and the metaverse improves. While platforms like Sandbox and Decentraland have attracted significant investment in recent cycles, the sector has still not reached its full potential.
Today, six metaverse and gaming-focused coins have a market cap of over $1 billion, with Immutable X leading the industry. However, Immutable X stands out with its low trading volume compared to other projects. On the other hand, established projects such as GALA, SAND, and MANA saw price increases of over 19% last week. In addition, new players such as PRIME and HEART stand out with increases of up to 30%, indicating the emergence of fresh competitors in the market.
Meme Coin'ler
Meme coins continue to thrive, with the top 10 meme coins now trading with a market cap of over $1 billion. Over the past week, these coins have seen price increases ranging from 12% to 83%.
The Solana-based meme coin ecosystem is attracting attention with projects such as BONK, WIF, and the newly launched PENGU, and is quickly moving into fourth place in terms of market value. DOGE, on the other hand, continues to be the undisputed leader among meme coins with a market value of $57 billion. AI currently has the largest mind share in the crypto world, while meme coins maintain their second place.
