AI-related tokens are outperforming meme coins as the cryptocurrency market rebounds, with Bitcoin maintaining a price above $93,000. Data indicates a shift in capital towards tokens with practical applications, particularly in AI, as multiple functional indices on CoinDesk, including DeFi and the metaverse, have risen by over 4% in the past 24 hours. In contrast, the Meme coin index has remained flat or slightly declined.
Render Network (RENDER) emerged as the top performer among the largest cryptocurrencies, surging about 20% in 24 hours. Other AI tokens like Virtuals Protocol saw gains exceeding 6%, while Sui (SUI) and XRP rose more than 15% and 10%, respectively. Analysts attribute this trend to positive sentiment in U.S. stock markets towards AI and tech stocks, though geopolitical risks and upcoming U.S. nonfarm payrolls data could impact market sentiment. Bitcoin ETFs have seen over $1 billion in net inflows in the first two trading days of 2026, supporting further market gains.
AI Tokens Lead Crypto Market Gains as Capital Shifts from Meme Coins
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