AI meme coins are taking the crypto world by storm ... is a true underdog with a quirky name and a devoted community. Its low market cap and speculative ties to Musk have fueled interest.

However, one segment of the market has quietly defied this trend: stablecoins. The total market capitalization of stablecoins ... and algorithmic stablecoins. USD Coin (USDC) and Tether (USDT ...

What Happened: According to on-chain analytics from Into The Block, the meme coin market cap has returned to Q3 2024 levels, which were the lowest since early 2024 levels. Key on-chain indicators to ...