\u201cThe crypto community has largely shifted their attention to Bitcoin and other layer-1 assets like Ethereum, Solana, Toncoin, and Cardano,\u201d reported Santiment on Feb. 11.<\/p>\n
It added that, collectively, the top L1 assets are getting 44% of discussions among specific cryptocurrencies, while top meme coins like Dogecoin, Shiba Inu, and Pepe are being discussed less and less across social media.<\/p>\n
\u201cThis is likely thanks to the recent volatility and speculative altcoin price dominance falling behind,\u201d analysts noted.<\/p>\n
Santiment suggested that this was a positive shift in trader attention, which is \u201cgenerally a sign of a more stable and sustainable market environment.\u201d<\/p>\n
Meme coins, which are driven by \u201chype, viral trends, and a gambling mindset rather than fundamental value,\u201d signal a phase of \u201cexcess greed where traders chase rapid, short-term gains without considering long-term viability,\u201d it said.<\/p>\n
Bitcoin and layer-1 networks represent the foundational infrastructure<\/a> of the crypto space, it said before adding that \u201cincreased focus on these assets usually reflects a more mature and informed approach by the community, which prioritizes security, innovation, and real-world adoption.\u201d<\/p>\n \u201cWhen traders pivot back to assets with strong utility and established market positions, it suggests a healthier market cycle.\u201d<\/p>\n The crypto community has largely shifted their attention to Bitcoin and other Layer 1 assets like Ethereum, Solana, Toncoin, and Cardano. Collectively, the top Layer 1 assets are getting 44.2% of discussions among specific coins. Meanwhile, top meme coins like Dogecoin, Shiba\u2026 pic.twitter.com\/PpBjD9vSi4<\/a><\/p>\n \u2014 Santiment (@santimentfeed) February 10, 2025<\/a><\/p>\n\n Santiment concluded that the positive sentiment shift encourages a more balanced ecosystem, reducing the risk of \u201cspeculative mania,\u201d while the decreased discussion rates for meme coins show that we are in a \u201chealthy cool-down\u201d period.<\/p>\n Recent meme coin mania was fueled by the launch of Donald Trump\u2019s namesake coin<\/a> (TRUMP) in mid-January. The token, which has no utility whatsoever, surged to around $73 before crashing by 78% to current levels around $16 just three weeks later.<\/p>\n Crypto markets are showing slim signs of recovery today, with total market capitalization up marginally to $3.35 trillion.<\/p>\n Bitcoin has led the way as usual reclaiming $98,000 during the Tuesday morning Asian trading session. However, it has still been down-trending since its Jan. 20 all-time high.<\/p>\n #BTC<\/a><\/p>\n This Bitcoin cycle has been a story of Re-Accumulation Ranges<\/p>\n And as has been the case throughout the cycle\u2026<\/p>\n Any downside deviations below the Range Low (green) will represent outsized bargain opportunities for Bitcoin$BTC<\/a> #Crypto<\/a> #Bitcoin<\/a> https:\/\/t.co\/kfS48DYzbr<\/a> pic.twitter.com\/wJ5i3NBnly<\/a><\/p>\n \u2014 Rekt Capital (@rektcapital) February 10, 2025<\/a><\/p>\n\n Ethereum<\/a> returned to $2,700 but remains severely weakened and continues to lose ground against BTC. ETH needs to clear resistance at $3,100 to show any real recovery signals.<\/p>\n Altcoins were faring a little better, with XRP, BNB, and DOGE making larger gains and ADA surging 14% following a spot ETF application from Grayscale.<\/p>\n The post Attention Shifts to Top Crypto Assets as Meme Coin Mania Fades: Santiment<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" \u201cThe crypto community has largely shifted their attention to Bitcoin and other layer-1 assets like Ethereum, Solana, Toncoin, and Cardano,\u201d reported Santiment on Feb. 11. It added that, collectively, the top L1 assets are getting 44% of discussions among specific cryptocurrencies, while top meme coins like Dogecoin, Shiba Inu, and Pepe are being discussed less […]<\/p>\n","protected":false},"author":0,"featured_media":43427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-43426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/43426"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43426"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/43426\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/43427"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Crypto Market Outlook<\/h2>\n