March 26, 2025
Utility Or Hype?
Dogecoin’s (DOGE) double-digit weekly jump highlights meme coins’ high-risk, high-reward environment, while AI tokens, like Near Protocol (NEAR), saw an 18% rise. NEAR’s price action over the past two weeks shows stronger bullish momentum than DOGE.
Source: CoinMarketCap
Since March 11th, NEAR has rallied, clearing two resistance levels and reclaiming the $3 barrier. With RSI neutral, the uptrend looks likely to continue if Bitcoin (BTC) consolidates.
Longevity
It could be argued that AI tokens like NEAR, with a controlled supply of 1.19 billion, offer better long-term value retention than meme coins like DOGE, which has a massive 148.57 billion supply.
Meme coins, driven by hype, remain more volatile, and despite high endorsements and whale activity, DOGE struggles to break $1. Indeed, with AI tokens gaining traction, meme coins may be losing their speculative appeal, signaling a shift in market sentiment towards assets with clear utility.