In the TRUMP blood-sucking market, the chain is wailing. Which AI tokens do not fall but rise instead?

Original | Odaily Planet Daily

Author｜Nan Zhi

At 10 a.m. last Saturday, Trump issued the official meme token TRUMP. The highest FDV in two days once exceeded US$80 billion, surpassing DOGE and ranking sixth in the cryptocurrency market value rankings.

During the bulldozing rise of TRUMP, the tokens on the Solana chain first sucked the blood, especially the AI ​​tokens that were popular in the early stage fell across the board. Then as more users withdrew SOL to the chain, other secondary market tokens were also drained. SOL once approached 300 USDT, while ETH fell to around 3150 USDT.

However, the plot reversed again soon after, with WLFI successively buying ETH, and "First Lady" Melania released her Meme token MELANIA tonight, causing the ETH/SOL exchange rate to rebound sharply again.

This article aims to summarize the rise and fall of each token in the two days after the issuance of the TRUMP token, and study which tokens are the strongest and which tokens have been abandoned by the market under the blood-sucking market.

Basic situation

In the secondary market analysis, this article counts the following time nodes:

• Before and after the coin issuance: 10:00 am on January 18th;

• The first wave high point: 14:00 pm on January 18, when the currency price was about 13 USDT;

• The second wave high point: 00:00 in the morning on January 19, when the currency price was about 34 USDT;

• The third wave high point: 17:15 pm on January 19, when the highest price on Binance was 79.7 USDT;

• Current price: around 13:00 pm on January 20.

In the first-level market analysis, the price before the currency issuance and the current price are used for comparison.

Who performs best in Level 2? What tokens may have been abandoned?

At the second level, we count all listed Binance spot tokens, and their data are as shown in the figure.

Tokens that have appeared on the increase list for three consecutive times include RAY, SOL, BTC, JTO, DEXE and other tokens. It can be clearly seen that three of the tokens are Solana concepts, and among the three tokens, SOL has the superior overall performance (it is better to buy SOL directly than buying other tokens). The main lines of this bull market are still BTC and Solana.

There are four coins that have appeared on the decline list three times in a row , including PNUT, ACT, PHA, and NEIRO . They all belong to the Meme or AI concept, and they were all the most popular tokens some time ago. For example, PNUT (squirrel) is a general election meme concept, but its narrative is no longer important after the emergence of TRUMP; PHA's TEE technology was discovered by the market in the previous ai16z-related token aiPool, but the narrative was not taken over again and therefore fell sharply. Tokens without strong market control or continuous narrative will be the first to be eliminated in the current market.

The AI ​​tokens on the chain have also been greatly drained, so which tokens have performed well?

AI Token Review

We have counted the top 20 AI concept tokens (limited to pump.fun) on the Solana chain, and their increases and decreases are shown in the figure below. Most tokens have fallen by 30% - 40%, and those that have not fallen significantly or even risen include Fartcoin, GRIFFAIN, arc, GRIFT, BUZZ, and AIOS, which should be the focus of the market outlook.