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Market Focus Shifts from Meme Coins to Layer 1 Assets

Market Focus Shifts from Meme Coins to Layer 1 Assets

CryptotaleCryptotale2025/02/11 00:30
By:Vignesh Karunanidhi
Market Focus Shifts from Meme Coins to Layer 1 Assets image 0
  • Santiment data shows Layer 1 assets now dominating 44.2% of cryptocurrency discussions.
  • Meme coin hype cools as investors focus on blockchain platforms with solid foundation.
  • Dogecoin, Shiba Inu and other meme coins stay strong as market moves to Layer 1 assets.

A major change in cryptocurrency market sentiment is underway as attention shifts from meme coins to fundamental blockchain platforms, according to recent Santiment data. Layer 1 assets now dominate 44.2% of coin-specific discussions, indicating a maturing market perspective.

Current market data shows meme coins maintaining stable performance despite reduced social media attention. Dogecoin trades at $0.2675, showing strong gains across all timeframes: 7.20% daily and 1.15% weekly, with a market cap of $39.58 billion. Shiba Inu follows at $0.00001629, posting increases of 3.33% daily and 4.68% weekly, maintaining a $9.59 billion market cap. Pepe trades at $0.00001039, gaining 9.14% daily, with a 3.74% weekly increase and a $4.36 billion market cap.

Santiment’s analysis stated that this shift carries deeper market implications. The declining discussion rates around meme coins typically signal a more sustainable market environment. When traders focus on Bitcoin and Layer 1 networks, it often indicates a transition from speculative trading to value-based investing. These foundational platforms support critical infrastructure through smart contracts, decentralized applications, and network scalability. These are the essential components for long-term industry growth.

Historical market patterns suggest meme coin frenzies often precede market corrections. This is because purely speculative movements tend to result in sharp reversals once enthusiasm wanes. The current “healthy cool-down period” in meme coin discussions, despite stable price performance, suggests market maturation. This shift toward Layer 1 assets like Ethereum, Solana, Toncoin, and Cardano is a sign of a more balanced ecosystem focused on technological utility rather than viral trends.

Related: SHIB Breakout Incoming? Falling Wedge Signals Big Moves

While the TRUMP token, trading at $16.65 with mixed performance (+6.98% daily, -5.19% weekly), shares similar speculative characteristics with meme coins, the broader market trend shows investors prioritizing fundamental blockchain infrastructure over speculative assets.

Santiment notes that while opportunities for meme coin momentum will likely resurface, the current reduction in speculative discussion rates shows a market cycle focused on sustainable growth rather than short-term gains. This change suggests a more mature market phase where technological advancement and real-world adoption take precedence over viral appeal and speculative trading.

The post Market Focus Shifts from Meme Coins to Layer 1 Assets appeared first on Cryptotale.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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