As the market navigates a challenging phase, with Bitcoin’s $BTC declining price contrasting its rising dominance rate, meme coins and select altcoins are capturing attention:
#Vinecoin : Launched by the founder of a popular U.S. short video platform, it reached 150,000 wallet addresses in just a week after Elon’s Musk made a post on X calling for it the be revived.
#TOSHI : Inspired by the Coinbase founder’s cat, this meme coin surged to a $1B market cap at its peak.
#Fafo : Based on content from Trump’s social media, it hit a $100M market cap rapidly and it’s currently trading in the market (BingX).
SEEK: Named after Deep Seek AI, it saw a remarkable 200x surge in a single day.
Meanwhile, OM, an RWA-backed altcoin, continues its upward trajectory, breaking all-time highs amidst speculation of market manipulation.
While these projects offer short-term opportunities, traders should remain cautious in a market where on-chain AI sectors and broader altcoins face headwinds.