Emerging AI and Meme Coin Trends Overshadow Layer 1 Crypto Struggles
Cryptocurrency market trends shift as Artificial Intelligence (AI) tokens and meme coins gain the spotlight in 2024, eclipsing once-prominent Layer 1 cryptocurrencies. These foundational blockchain projects, including Tezos (XTZ), IOTA (IOTA), Klaytn (KLAY), Algorand (ALGO), and EOS.IO (EOS), are experiencing severe depreciation in value. The decline in value typically exceeds 75%, signaling a troublesome period […]
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