08-01 22:59 Friday
Investors Shift Focus to Utility-Driven Tokens as Meme Coins Cool
Investors are increasingly favoring utility-driven tokens over meme coins, as the latter's popularity wanes amid market corrections. Analysts note a growing preference for projects with tangible use cases, such as decentralized finance (DeFi) and blockchain infrastructure, rather than speculative assets. Major exchanges report declining trading volumes for meme coins, while utility tokens see sustained interest. This shift reflects broader market maturity, with participants prioritizing long-term value over short-term hype. However, some traders caution that meme coins could regain traction during bull runs, given their historical volatility and retail investor appeal.
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