3 Crypto Narratives to Keep an Eye On This Week

Crypto narratives are seeing major shifts across key sectors, from meme coins to AI tokens and “Made in USA” cryptos. Meme coins have dropped 8.7% in market cap over the past 24 hours to $101 billion, with tokens like FARTCOIN and PEPE suffering double-digit losses.

In the AI space, DeepSeek’s low-cost model has disrupted the market, causing AI crypto tokens to lose 10.2% of their value. Meanwhile, Trump’s administration could reignite the “Made in USA” crypto narrative, with favorable policies potentially boosting interest in tokens like SOL, DOGE, and ADA.

Meme Coins

Meme coins‘ market cap has dropped 8.7% in the last 24 hours to $101 billion, nearing the $100 billion mark. All top 10 meme coins are down, with FARTCOIN dropping 20%, PENGU 15%, and PEPE 13%.

Meme Coins Market Overview. Source: CoinGecko

Despite this pullback and cooling hype around coins like TRUMP and MELANIA, meme coins remain a central narrative in crypto. With the number of launched tokens potentially hitting 100 million this year, platforms like Pumpfun and Moonshot continue to attract significant attention, keeping meme coins relevant.

Their ability to drive viral interest and community engagement ensures meme coins remain one of the most important crypto narratives in the market. While short-term losses are evident, meme coins’ speculative appeal still holds strong potential.

Artificial Intelligence

DeepSeek has shaken up the AI space in general, including artificial intelligence cryptos, with its model created by High-Flyer, a Chinese quant trading firm. Developed at a fraction of the cost — just $6 million compared to the billions spent by OpenAI and Meta – it’s challenging the industry’s status quo.

Top AI-Coins 24 Hours Price Change. Source: Messari

The ripple effects have hit AI crypto hard, with the market cap for AI-related cryptos dropping 10.2% in the past day to $37.4 billion. Most major AI coins have also suffered.

RENDER and VIRTUAL have plummeted over 13%, even though artificial intelligence remains one of the most important crypto narratives for this year. FET has fallen 9%, and INJ is down 11%, as DeepSeek’s rise casts doubts on the long-term potential of existing AI crypto projects.

Made In USA

Trump’s administration’s next steps could reshape the ecosystem for “Made in USA” coins – cryptos from US-based projects – as the country moves toward a more crypto-friendly stance.

Some “Made in USA” Coins 24 Hours Price Change. Source: Messari

This shift could boost the market presence of these coins, though clarity around crypto regulations in the US remains uncertain.

Leading examples include SOL, XRP, DOGE, ADA, and LINK, all of which have seen declines in the past 24 hours. SOL, DOGE, and ADA have dropped over 7%, while LINK and XRP are down more than 5%. Positive news on crypto policies from Trump’s administration this week could ignite a rally for some of these assets.