DOGE and Meme Coins Decline as AI Projects Surge in 2025
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In the ever-evolving world of cryptocurrencies, trends come and go at a rapid pace. As of April 2025, it appears that meme coins, once the darlings of the crypto space, are losing their shine, while AI-related projects are gaining traction and market share.
Meme Coins Declining, AI Projects Rising in 2025
Since January 2025, meme coin market activity has significantly decreased. Meme-inspired assets peaked at $124 billion in December and are now at $58 billion. Examples include Dogecoin (DOGE), down 10% in a month, and Donald Trump’s OFFICIAL TRUMP, crashing from $72 to $11. Conversely, AI agent tokens have been outperforming meme coins since the beginning of 2025, with a market cap of $42.1 billion, up 131.4%.
Elon Musk Debunks Rumors of Leaving D.O.G.E, Tesla Stock Jumps
Elon Musk has debunked rumors of leaving D.O.G.E as a judge denied access to his personal Social Security data. On the same day, Tesla’s stock jumped by 5.9% despite the company facing its worst vehicle delivery numbers since 2022. Politico had reported that Trump expected Elon Musk to step down from his government duties within weeks and refocus on his companies. However, Press Secretary Karoline Leavitt refuted this, stating that Elon Musk and President Trump have publicly declared that he will depart from public service when his work at D.O.G.E is complete. Additionally, a court has blocked D.O.G.E from digg.
Elon Musk’s Shocking Dogecoin Announcement Sends Shivers Through Community
Dogecoin’s price took a sharp downturn this week following a surprising update from Elon Musk that left much of the Dogecoin community dejected. The billionaire, known for his unpredictable influence on digital assets, especially DOGE, recently clarified the distinction between the Department of Government Efficiency (D.O.G.E.) and the meme coin, which seemed to undercut the lingering enthusiasm among investors. Unsurprisingly, the aftermath was immediate. Dogecoin’s price went on a brief decline, leading to questions as to whether the Doge price can extend losses below $0.17.
