AI Concept Meme Token Suffers Widespread Decline, SWARMS Down 35.3% in 24 Hours

BlockBeats News, January 8th, according to GMGN data, the AI-themed Meme tokens experienced a general decline, including:

ai16z 24-hour loss of 16.7%, with a current market cap of $1.9 billion;

FARTCOIN 24-hour loss of 13.89%, with a current market cap of $1 billion;

ZEREBRO 24-hour loss of 18.12%, with a current market cap of $380 million;

SWARMS 24-hour loss of 35.3%, with a current market cap of $360 million;

ARC 24-hour loss of 13.89%, with a current market cap of $340 million;

ELIZA 24-hour loss of 23.9%, with a current market cap of $83 million.

BlockBeats reminds users that most Meme coins lack practical use cases, exhibit significant price volatility, and investing in them requires caution.