In the past three days, Bitcoin has dropped from a peak price of $102,724 to a low of around $91,203, with the entire crypto market experiencing a significant decline, especially in the AI sector on the SOL chain, where a large number of second-tier tokens have been directly eliminated.
In previous downtrends, most users only focused on which tokens were the most resilient, but recently, many sectors have become one of the main battlegrounds that cannot be ignored, particularly the AI sectors on the SOL and BASE chains. Therefore, this article will take some of the leading tokens on SOL, BASE, and BSC as research subjects to demonstrate their performance during this downturn.
Data Situation
Bitcoin has dropped by 9.47% in 72 hours, while the total market capitalization of the crypto market has decreased from $3.76 trillion to $3.37 trillion, a decline of 10.3%, indicating that the decline of altcoins outside of Bitcoin is not significant.
On SOL, we have statistically analyzed 25 tokens, with an average change of -0.4%, indicating a small drop. However, in terms of total market capitalization, these 25 tokens started with a market value of $5.06 billion and ultimately reached a market value of $4 billion, resulting in a decline of 20.6%. From these two data points, it can be inferred that large-cap tokens are experiencing significant losses, while some small-cap tokens have achieved leapfrog growth.
On BASE, the average decline of the 7 tokens analyzed is 19.9%, with market capitalization dropping from $1.16 billion to $890 million, a decline of 23%. This indicates that everything is declining, with no tokens going against the trend.
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