Written by: Karen, Foresight News
Since Binance announced the launch of the AI Meme coin ACT, the AI Meme market has immediately boiled over. In less than three days, ACT's market capitalization has grown more than 30-fold, soaring to a market value of $800 million. At the same time, the market value of the AI Meme leader GOAT has also crossed the $1 billion mark, becoming the first token on the Pump.fun platform to surpass this milestone.
Given the market's attention to the low-market-cap AI Meme coin market, we reviewed some potential AI Meme coins in our previous article ("Unprecedented Prosperity, Reviewing Potential AI Meme Coins"). Here is a recap of the performance of these AI Meme coins.
How have the overall gains and losses of AI Meme coins been?
On Solana:
Shoggoth (+417%): $18 million market cap to $93.2 million market cap;
ai16z (+317%): $33.5 million market cap to $140 million market cap;
MemesAI (+187%): $26 million market cap to $74.8 million market cap;
FOREST (+71%): $26 million market cap to $44.5 million market cap;
OMEGA (+70%): $24 million market cap to $40.8 million market cap;
SHEGEN (+40%): $19.3 million market cap to $26.9 million market cap;
GNON (+25%): $16.9 million market cap to $21.1 million market cap;
ZEREBRO (+25%): $78 million market cap to $97.4 million market cap;
AVB (+10%): $12 million market cap to $13.3 million market cap;
CENTS (-27%): $37 million market cap to $26.8 million market cap;
YOUSIM (-49%): $33 million market cap to $16.6 million market cap.
On Base:
LUM (334%): $7.8 million market cap to $33.9 million market cap;
HIGHER (+58%): $32.1 million market cap to $50.7 million market cap;
LUNA (+35%): $53.5 million market cap to $55 million market cap;
VIRTUAL (+8%): $143 million market cap to $155 million market cap.
On Ethereum:
Grok (+40%): $45.51 million to $63.8 million.
Recap and Analysis
Among these 16 AI Meme coins, 13 saw increases and 3 saw decreases. The biggest gainers include the green octopus Shoggoth (+417%), LUM (+334%), and ai16z (+317%). Particularly, Shoggoth's market cap surged from $18 million to $93.2 million, with a gain of over 200% in the past 24 hours and a trading volume of $18.5 million. Shoggoth's image has high recognition in the community and is seen by a small portion of community users as the Doge of the AI world. It is worth noting that according to CryptoHunt's data, Shoggoth's official Twitter follow list includes 71 English-speaking KOLs and 167 Chinese-speaking KOLs, reflecting its influence in the Chinese-speaking region.
Image of the green octopus Shoggoth
When reviewing the potential AI Meme coins on Monday, the author's initial plan was to focus on AI Meme coins with a market capitalization between $10 million and $100 million. Although LUM's market cap on Base was only $7.8 million at the time, the author still included it in the review. This is because LUM is the first token issued by Aethernet on Warpcast through clanker.world, and is referred to by the community as the "GOAT of Base", with a relatively solid community foundation. LUM did not disappoint, with a 334% increase this week, growing from a market cap of $7.8 million to $33.9 million, with a 24-hour trading volume of $8.2 million, second only to BRETT and DEGEN in Base's Meme coin trading volume. It is worth mentioning that the token CLANKER from the clanker.world platform also rose from $880,000 to around $5 million, with a gain of over 471% since Monday. Currently, there are 733 Meme coins created through clanker.world. In addition, HIGHER and LUNA on Base also performed well, with increases of 58% and 35% respectively.
ai16z has continued to rise since the publication of the review article, with its market cap growing from $33.5 million to $140 million. Many AI agents use code based on ai16z's Eliza, such as Centience, whose source code is a Fork of ai16z's Eliza project, and the recently popular Kasumi MIST (Kasumi 152 - AI), which was also created based on Eliza technology.
MemesAI, FOREST, OMEGA, and Grok (on Ethereum) also saw very impressive gains of 187%, 71%, 70%, and 40% respectively. Although the red octopus MemesAI rose in sync with the green octopus Shoggoth, its gain was not as strong as Shoggoth's. FOREST has risen by over 90% in the past 24 hours and is seen as a sustainable token that combines AI, Meme, and real-world impact. Additionally, Global Macro Investor and Real Vision founder and CEO Raoul Pal also revealed yesterday that he holds a small amount of FOREST tokens. The market cap of Grok, the token of Elon Musk's AI project, has also steadily risen on Ethereum, reaching $63.8 million.
Image of the red octopus MemesAI
ZEREBRO rose 17% in the past 24 hours, with continued trading heat. ZEREBRO has launched an AI-generated Non-Fungible Token series called Zereborn on Solana, with a minting price of 0.1 SOL, and the current floor price has reached 2.786 SOL.
CENTS (-27%) and YOUSIM (-49%) experienced varying degrees of price declines. CENTS saw a significant correction after a notable rise on the 10th and 11th, which may be due to market adjustments or profit-taking. YOUSIM has also retreated by nearly 50%, and no clear downward trend has been observed yet.
Screenshot of the Zereborn Non-Fungible Token series
Again, Meme coins are highly related to changes in community participation, market sentiment, and influencers' shilling, and there is also an extremely high risk of zeroing out. Before making any investment decisions, please be sure to DYOR.
