Bitcoin (BTC) is Back Above $90,000 – But Meme Tokens and AI Coins Are Outperforming It

With the broader market green, these niches are capitalizing on the FOMO and producing enormous returns. And some of the best crypto presales of Q2 are benefiting from that momentum.

Bitcoin price is up 11% in the last week, and it's now trading above $90,000 again. However, some meme coins and AI tokens have outperformed BTC with even bigger gains.

As the broader crypto market continues to trade green, these niches are capitalizing on the FOMO and generated enormous returns.

And some of the best crypto presales of Q2 are benefitting from that momentum.

Meme Coins And AI Tokens Surge Past Bitcoin

Bitcoin price is still up 11% over the last week, with an incredible run that has investors excited. But in today’s market, an 11% gain is nothing special.

Meme coins – the retail traders’ favorite assets – have hit a combined market cap of $54 billion and cleared $9.5 billion in spot trading volume since yesterday.

DOGE and PEPE climbed 11%, and BONK to soared 19%. The whole sector is rallying, and when this happens, traders everywhere usually start buying higher-risk assets.

AI coins are also in a breakout. The sector has grown to a $23.6 billion market cap, with $3.6 billion traded in just the last 24 hours.

ZEREBRO is the biggest gainer, not bad a 164% surge overnight to take its total gains to 300% since last week. ALCH has also reached a $180 million market cap, and AI16Z is 40% higher than it was yesterday.

It's clear that these two niches are outshining BTC right now.

Indeed, the crypto market mood has shifted from cautious to bullish almost overnight, and meme/AI coins are feeling that swing harder than Bitcoin.

Those reading into the technicals will notice that the crypto market is still in a "higher high, higher low" structure.

It began a new uptrend in December 2022, and despite some volatility, the market has continued to climb to fresh highs.

But what's driving this bullishness?

Well, part of it comes from large institutions buying up large amounts of Bitcoin.

For example, Metaplanet has just purchased another 330 BTC.

With fewer coins to sell, the price is likely to climb further, which in turn ramps up the risk appetite from other market participants.

And that's where the "altcoin season" rumors come into play.

The crypto market is used to seeing Bitcoin lead the way, but sometimes, altcoins take the spotlight with a steeper move.

Whenever Bitcoin pauses its rally, traders know to expect a surge in altcoins.

It's a classic case of capital flowing from one asset to another.

And with institutions focused on Bitcoin and traders keen on meme/AI coins, it seems that narrative is playing out.

The crypto market is currently in a interesting stage.

The U.S. dollar is getting weaker, there are rumors of a potential Fed leadership shake-up, and the possibility of more favorable crypto regulations this year is also increasing demand for digital assets.

But will this trend be able to sustain itself?

It all depends on whether the macro winds stay in crypto's favor.

For now, meme/AI coin investors are benefitting and enjoying Bitcoin-beating returns as the market rally gathers pace.

Solaxy And MIND Of Pepe Could Be The Best Crypto Presales To Buy In Today's Market

So where is all this optimism going?

Well, two presale projects – Solaxy (SOLX) and MIND of Pepe (MIND) – are benefitting.

Solaxy is Solana's first Layer-2, essentially a fast lane for Solana when it gets bogged down, especially during meme coin frenzies.

Transactions are taken off-chain and bundled back on later, enabling them to move without delay.

Solaxy's presale phase is still in progress, having raised over $31 million.

Investors are hyped about the built-in staking protocol for SOLX which offers an APY of 129% – even while the presale is still live.

That helps explain why over 8.9 billion tokens have already been staked.

Meanwhile, MIND of Pepe is taking a different approach.

It's a frog-themed meme coin combined with an AI agent that tracks whale wallets and X (formerly Twitter) chatter.

This agent can also manage its own wallet and launch new meme coins to capitalize on market narratives.

Presale investors can buy MIND tokens for just $0.0037315 now.

And with Coinsult and SolidProof having audited the token, investors can feel better about getting in early.

This focus on security, combined with MIND of Pepe's AI smarts, has helped the project raise $8.1 million,