$While the Meme craze in the East is in full swing, the Western market has shown an unusually calm attitude, and its focus has clearly turned to the AI sector. A week ago, Western investors were optimistic and focused on investing in $TAO. Since the low of 194U on September 7, the token has soared to 530U, achieving an astonishing increase of nearly 170%. Among the top 100 cryptocurrencies by market capitalization, Tao ranks first in terms of gains in the past 30 days.
At the same time, according to data analysis provided by @CryptoKoryo, the overall performance of the AI sector has significantly outperformed other cryptocurrency sectors over the past week. In contrast, despite the strong clamor for Meme tokens within the Chinese community, the actual performance of these tokens has not been satisfactory. It is worth noting that most of the Meme tokens currently hotly discussed in the Chinese community have a market value of less than 100 million, and their short-term surge has not led to a significant rise in the entire Meme sector.
Specifically, the data shows that in the past 30 days, the two Meme tokens Wif and Pepe have increased by -8% and -14.85% respectively. This performance clearly lags behind the AI sector. Therefore, it can be reasonably inferred that in the current market environment, the overall performance of the Meme sector lags behind the AI sector.