Top meme coins are now trading 24% below their December highs, indicating a cooling sentiment in the meme coin market. However, the market's Fear & Greed Index remained unchanged at 66.
This week, Elon Musk donned the title of "Kekius Maximus," which led to a mind-boggling 900% surge in a related token. In other news, the creator of MIRA penned a public apology for their failed ZERO token experiment. Additionally, Yat Sui's social media account was compromised, stirring the pot in the meme community.
AI tokens continued their سلطه بازار روند صعودی, with Virtuals reaching a $4 billion market cap and ai16z climbing to $2 billion. Notably, the ai16z token led the pack with an impressive 115.55% weekly gain. Meanwhile, SIMMI followed closely, rising 91% with its bold claim that "the future isn't human."
On the cultural front, Ethereum co-founder Vitalik Buterin made headlines by donating $292,000 to adopt a hippo named Moo Deng. Elsewhere, WZRD announced its migration from BRC-20 to Runes, signaling a shift in strategy. Finally, the upcoming U.S. presidential inauguration bodes well for PolitiFi tokens, which are expected to gain steam as political events unfold.
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