Why cryptocurrency memcoins are on the rise

Why cryptocurrency memcoins are on the rise

In recent months, memes and artificial intelligence (AI)-based interactive agents have garnered significant attention, with some projects achieving notable successes. While many of these tokens have since declined in value, the question remains: do they still deserve our attention? Is smart money maintaining its position or adjusting its position?

In recent weeks, several AI influencers and agents have launched their accounts on platforms like Virtual and have become more prominent. If you want to explore this trend further, you can read more about it in our in-depth article here

Fighting for attention or analyzing market sentiment - sentiment

Most of the news was about memcoin listings on solana 

Analyzing current trends, it seems that only a few of these tokens will be able to form a sustainable community around them. Mass adoption of AI-based agents will likely require specific and useful applications. As for other blockchains, though, smart money has shown a “boom” in pumping memcoins there

$NEIRO showed a significant growth of 80% after a major trader known at 0x8b13 purchased 116.7 million tokens worth $174k. Even before the jump, he strengthened his position and his investment reached 294.15 million tokens, which is now valued at $615k. This is an example of how anticipation of a trend and active participation of major players become precursors to growth, influencing the overall interest in the token.