AI Meme Coin Market Cap Hits $1.9 Billion, GOAT and TURBO in Limelight

• After experiencing a significant price drop of 50% due to controversies, the GOAT meme coin has rebounded to a new all-time high of $0.67.
• This resurgence coincided with venture capitalist Marc Andreessen's engagement with the AI and meme coin narrative.
• Recent data reveals that discussions about AI and meme coins represented over 60% of community conversations in October.

Amid the rising demand for artificial intelligence (AI) solutions, AI meme coins have come into the limelight over the past few months. The market cap of AI meme coins has surged to $1.9 billion recently with Goatseus Maximus (GOAT) and Turbo (TURBO) dominating most of the recent rally.

As per the latest data from CoinGeckco, the market cap of AI meme coins shot to $1.9 billion while the daily trading volume exceeded more than $590 million. Of these, two tokens, GOAT and TURBO contributed a massive 60% to the AI meme coin trading volume at $360 million. However, other AI meme coin tokens have low liquidity with daily trading volumes being less than $1 million.