SEC’s Ruling: The Meme Coin Comeback You Didn’t See Coming! 😂

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So, here we are again, folks. The crypto market is like a soap opera, and guess what? Meme coins are gearing up for a comeback while AI tokens are fading faster than my enthusiasm for a salad. 🍕

Remember when AI agents were the hot topic in late 2024? Yeah, they were the belle of the ball, while meme coins were left standing awkwardly in the corner. Analysts were all about those altcoins with “real-world value,” whatever that means. 🙄

AI Tokens Are Out, Meme Coins Are In!

Recent data from Dune shows that only 6-7 AI agent tokens are being created daily on Virtual. That’s a jaw-dropping 99.5% drop from their peak last December. I mean, come on! Even my grandma’s knitting club has more activity than that! 🧶

But hey, some analysts are still holding out hope for AI-powered crypto projects. They’re like that friend who keeps saying, “It’ll get better!” while we all know it won’t. BeInCrypto reports mixed signals, with some sectors seeing a little action. But let’s be real, it’s like trying to find a needle in a haystack. 🧐

Some tokens like VIRTUAL and AI16Z are gaining traction, while others, like FAI and TRAC, are plummeting faster than my mood when I see a long line at the coffee shop. ☕

Meanwhile, the total market cap of crypto AI agent coins has dropped to $6.95 billion. Not a single AI token has hit the $1 billion mark. It’s like they’re all stuck in the kiddie pool while the big kids are off having fun. 🏊‍♂️

Experts say AI agents are going to change the workplace. Sure, but right now, it looks like they’re just changing the definition of “disappointment.” 😒

On the flip side, the meme coin sector is having its own drama. Pump.fun, a Solana-based token launchpad, just got booted from the top 10 highest revenue-generating protocols. Ouch! Talk about a fall from grace! 😱

“Pump.fun gets kicked out of the top 10 highest revenue-generating protocols in the last 24 hours as the number of bonded meme coins is plummeting to zero,” said The Solana Post. Sounds like a bad breakup, doesn’t it? 💔

But don’t count meme coins out just yet! AI mindshare was over 70% last month and has now dropped to 32%. It’s like watching a balloon deflate—slow and painful. 🎈

Why Meme Coins Might Be Ready for a Comeback

With the SEC recently declaring that meme coins are not securities, traders are getting all giddy. It’s like they just found out their favorite band is reuniting! 🎉

“SEC just officially ruled meme coins are not securities. This is about to bring massive on-chain volume. The trenches are about to get wild,” wrote Lynk on X. Wild? More like mildly chaotic! 😆

According to Lynk, Solana (SOL) could cash in on this meme coin revival. The logic is that if meme coins bounce back, traders will flood the market, buying SOL like it’s the last slice of pizza at a party. 🍕

The SEC’s ruling is a big deal for meme coins. It’s like lifting a weight off their shoulders. Now they can frolic freely in the market without the looming threat of regulation. 🎈

Charles D’Haussy, CEO of dYdX Foundation, thinks meme coins are a great way for people to show their support. I mean, sure, if you want to support something that’s basically a joke! 😂

“I can imagine that in the future, people will buy meme coins, and they will not be called meme coins anymore,” D’Haussy told BeInCrypto. Right, and I’ll be the

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2025-02-28 16:21