Today, the cryptocurrency market is bleeding as countless long positions are liquidated. according to COINTELEGRAPHtraders panic, leaving many empty-handed. But is there a silver lining in this chaos, crypto investors, like other narratives like AI, fan tokens and mid-hat Memecoins? We will explain more in this article.
Market Overview
The cruelty of today’s market is undeniable. Prices plummeted, packed with long positions and created amazing short traders with a sudden pump. according to Small shopIn the past 24 hours, the total liquidation amount was US$950.62 million.
Source: Xiaodian
Top loser: Which big brand has been hit?
Over the past 24 hours, Top Coins has witnessed an overall downward trend:
Bitcoin (BTC) It fell 7.59% to $78,200 in 24 hours before rebounding slightly to $84,000. Cryptocurrencies hit their lowest level in three months, below $90,000.
Source: CoinMarketCap
Learn more: Why is Bitcoin price falling again? Does Ethereum have a chance?
Ethereum (ETH) As mentioned earlier COINTELEGRAPH.
Solana (Sol): Once became a bull darling, Sol is now down 50.3%, while ATH in January fell to around $146.Source: CoinMarketCap
Overall, ETH has suffered severely compared to other top coins. In fact, another major reason for contributing to the entire bleeding market is President Donald Trump’s announcement of a 10% increase Import tariffs About Chinese products.
Current trend narrative: AI and Memecoins
Looking at the promised leading AI narrative, the downward trend situation remains the same. For example:
- AI and AI Agents: Projects related to AI programs, despite expectations Leading narrative In 2025, it will also be affected. For example, it is close to a low of $3,03. The same thing happened to other top coins like Tao or AR.
- aldult: Some popular names (such as Doge) were severely affected and witnessed a 4,59% drop in just 24 hours.
Source: CoinMarketCap
Is there a chance for fan tokens?
Fan Tokens occasionally seem to be the opposite of a bear market. This is due to their independence and the connection between Memecoins associated with real-world entities and events. Their value depends not only on cryptocurrency market cycles, but on external catalysts like big games, champions or celebrity recognition.
At the same time, the speculation on fan tokens is still in ATL – Source: Coingecko
For example, Argentina’s national rugby fan signature Arg soared 70% before the FIFA World Cup final in December 2022. Meanwhile, the entire cryptocurrency market witnessed the winter, with Bitcoin hovering around $17,000. Source: Coingecko
Another example is OG Fantoken (OG), which witnessed 20% of the pump in 48 hours, suggesting a brief hype. However, when writing, OG is slightly reduced from $4.05 to $3.73, which is easy to “pump” cycle, reflecting that the market cools after overheating gatherings overheated, rather than being closely related to the overall market-driven one.
However, please note that based on the above historical script, fan tokens may be a work that lacks attention during this bear market stage.
