1. Token AI
The artificial intelligence (AI) sector has seen a significant downturn in the crypto market over the past month. After reaching a peak market cap of $60 billion on January 6, it plummeted to $32.8 billion on January 6. Several prominent AI tokens have seen significant losses in the past week, with FET down 32.2%, RENDER down 27.21%, and VIRTUAL down 35%. The correction began about two weeks ago, triggered by the fallout from DeepSeek, and has continued to spread, pushing many AI tokens to their lowest levels in months.
2. Real World Assets (RWA)
The real-world asset (RWA) sector also experienced a sharp decline, with its market capitalization dropping from $72 billion on January 31 to $55.5 billion in just three days. Despite the pressure, RWA remains a significant asset class in the crypto space. There are currently nine projects with a market capitalization above $1 billion. Key projects such as Chainlink, Avalanche, Hedera, Mantra, and Ondo continue to drive the sector’s growth.
3. Meme Coin
The meme coin sector, which is one of the biggest crypto narratives, has also been hit by massive liquidations. The top 10 meme coins have dropped at least 22% in the past week. PENGU is the worst performer, with a drop of 46%. Currently, only five meme coins still maintain a market cap above $1 billion.
By monitoring these three narratives, investors can better understand the current crypto market dynamics and make more informed decisions.