AI Agent Weakness, Celebrity Coin Offerings Equal to Fraud, Major Narratives on Hold
Since the beginning of the year, the biggest feature of the cryptocurrency sector has been the lack of continuity of gains, not only in exchange torrents, but also in on-chain coins that did well in 2024 Q4, which are facing significant declines.
Below are the 2025 growth and decline rates for the major AI Agent coins:
Virtual: -79.2 percent
Ai16 z: -85.5 percent
AIXBT: -68 percent
Griffain: -80.3 percent
Buzz: -72.4
Fartcoin ：-67.5%
ARC: -62%
Swarms: -45It can be found in less than three months, the head of the popular narrative project fell eighty percent, although we can not directly judge the track for the pseudo, but the loss of attention is an objective fact, and not a moment can be recovered.
Let’s look at the celebrity coin narrative, Trump fired the first shot, then other celebrities, and even countries have followed.
Here’s how the major celebrity currencies have retreated from their highs:
Trump: -77.1%
Melania: -91 percent
Vine: -92.7
jailstool: -93.5%
Jellyjelly ：-98%
CAR: -98.5%
Libra ：-94.3%There is a saying in the cryptocurrency circle that speculation of the new is not speculation of the old, on behalf of the funds are willing to choose a newer narrative for speculation, but compared to the AI Agent, it is clear that the celebrity coin track is more bloodthirsty and ferocious, in fact, these two tracks current problem why? What are the current problems with these two tracks? Is there a way to break through the lack of new narratives in the cryptocurrency world?
Reference: dexscreener
Current Narrative Dilemma: Pure Conceptual Hype Prevails
In terms of the AI Agent track, many projects are still at the stage of “conceptual demonstration” and “future blueprints”, and there is a lack of actual usable products that can be promoted on a large scale. Even if a number of operational services are launched in the market, there are still problems such as complex interface and poor user experience, which prevent ordinary investors from becoming truly attached to them. What’s worse, in order to cater to investors’ expectations of “AI + Blockchain”, the project side tends to inflate the price through exaggerated narratives, while the actual application has repeatedly jumped the queue. As time passes, funds lose patience and attention is diverted, leading to a significant drop in the price of related tokens.
In the part of the celebrity coins, although Trump is a full of topics to start with, but the contemporary cryptocurrency circle meets the “celebrity end effect”, the problem is also quite obvious: I am afraid that there is no public figure in the world can no longer surpass Trump in terms of topics and influence. The following dignitaries, netizens and celebrities have tried to follow, but they have not been able to replicate the initial capital rush and market sentiment. As the market’s following became weaker and weaker, the celebrity coin circuit also showed the phenomenon of a “flash in the pan” that came and went quickly, with investor confidence rapidly eroding and prices naturally following suit.
However, the deeper problem behind these tracks is that many projects remain at the level of “speculative concepts” and lack a real and sustainable revenue model. Whether it’s AI Agent or Celebrity Coin, the core narrative relies on capital and fervor to enter the market quickly, but lacks incentives for users to participate in the long term. When the fever subsides, the price will be difficult to support, and it will be impossible to attract new capital to re-enter the market.
Finding real revenue projects
The key to standing out in the current market with a weak narrative is to find products with “real returns” that are “willing to share with users”. Real returns” are not just about earning the upside of an exchange listing, but about generating ongoing feedback to token holders or ecosystem participants through the actual business model and trading behavior.
Hype rliquid is in line with the scale model, which is the same as centralized exchanges in terms of business, and the source of revenue is mostly contract transaction fees, but Hype rliquid will buy back 100% of the fees to Hype tokens, and the transaction fees are determined by the transaction volume, so Hype rliquid ties the coin price and the product firmly together.
According to DefiLlama, Hype rliquid handles about 45% of the total 24-hour volume of all Perps DEX, and is currently at $3.78B per day, with daily revenues falling at about $1M, which is a very high level of activity given the current market downturn, and has kept Hype’s price strong over the last month of the cottage-coin winter.
Even the hottest narratives will pass, and the ones that will stay in the crypto market for a long time are the ones with PMF, high user stickiness and real income.
