[비즈한국] This column provides a weekly summary of major market trends and movements for the top 100 cryptocurrencies by market capitalization. We offer comprehensive insights covering major assets like Bitcoin and Ethereum, key issues in the altcoin market, and global policy variables. We make the highly volatile cryptocurrency market as easy and fun to understand as watching Netflix.
According to the global virtual asset market tracker CoinMarketCap, Siren recorded the highest weekly gain of 106.58% in the cryptocurrency market from 10:30 on March 20 to 10:30 on March 27. Siren's current price is 2,520 KRW, and with a 24.03% decline in the last 24 hours, its short-term volatility has significantly expanded. Siren is a hybrid DeFi project that combines meme branding based on mythological concepts with a decentralized options trading protocol. It allows for the issuance and trading of collateral-based options on-chain, and features a structure where token holders make key decisions such as fee structures and the opening of new markets.
Bittensor ranked 2nd with a weekly gain of 24.44%. Bittensor's current price is 520,519 KRW, down 2.76% over the last 24 hours. Bittensor is a decentralized machine learning network that rewards tokens for providing AI models and computing resources across multiple 'subnets.' Its design allows anyone to contribute computing power and models to participate in a global AI marketplace.
MemeCore took 3rd place with a 21.24% weekly gain. MemeCore's current price is 3,290 KRW, down 8.94% in the last 24 hours. MemeCore is an EVM-compatible Layer 1 blockchain that claims to represent 'Meme 2.0.' It leverages 'Proof of Meme' consensus, the MRC-20 token standard, and a Meme Vault reward structure to automatically distribute the M token to creators and participants based on the popularity of meme content and on-chain activity.
Dexe rose 15.36% for the week to place 4th. Dexe's current price is 10,822 KRW, showing a relatively steady trend with a 0.74% decline over the last 24 hours. Dexe is the governance and utility token for the Ethereum-based social trading protocol Dexe.network. Its core feature is a structure that allows investors to replicate (copy trade) the on-chain wallets of skilled traders via smart contracts and share in the profits.
Fetch.ai rose 12.34% to take 5th place. Its current price is 368 KRW, down 4.71% in the last 24 hours. Fetch.ai is a decentralized AI and blockchain network where 'Autonomous Economic Agents' collect data, negotiate, and settle payments. It uses the FET token to handle agent execution, fees, and governance, and currently acts as a foundation asset for the AI coalition 'ASI Alliance' alongside SingularityNET, Ocean Protocol, and Cudos.
Ondo Finance rose 7.79% and is trading at 421 KRW. Aptos is trading at 1,553 KRW, up 7.50%.
Render Token is at 2,738 KRW, up 7.13%. World Liberty Financial token recorded a 6.19% gain and is trading at 149 KRW. Knight token rose 5.17% to 69 KRW.
The background of Siren's surge lies in increased trading volume following signs of short-term overheating. It jumped 163% in two days after hitting a low on March 21, and its 30-day cumulative return exceeded 400%, leading to analyses that the volatility characteristic of meme coins was maximized. However, concerns regarding profit-taking and high ownership concentration suggest that speculative inflows, rather than clear development milestones, drove the price increase.
Bittensor is a case where actual network performance boosted the price. On March 10, the 72-billion parameter large language model 'Covenant 72B' was launched on Subnet 3, and the connected subnet token surged within a few days. Added to this were comments from NVIDIA's Jensen Huang and the launch of institutional products, which bolstered expectations for decentralized AI infrastructure.
For MemeCore, the 'Meme 2.0' narrative acted as a direct catalyst. It jumped 44% in a single day on March 26, significantly increasing trading volume and leading to a revaluation of the project's identity, which centers on its Layer 1 blockchain, MemeX, and Proof of Meme structure. The market is increasingly accepting it as an infrastructure that binds meme creation and on-chain activity, rather than just a simple meme coin.
Experts analyze that while Ondo Finance, which brings US dollars and Treasury bonds on-chain, and WLFI, supported by the Trump family, attract institutional and individual funds as regulatory-friendly RWA and political themes, a pattern is strengthening where tokens at the intersection of meme, AI, RWA, and political narratives climb to the top of market caps during periods of increasing risk appetite.
※ This article was written by Bizhankook and MetaVX's generative AI.