Analysis: The rebound momentum in the crypto market has strengthened, with AI concept coins outperforming Meme coins.

On January 6, as Bitcoin remains above $93,000, the crypto market funds are rotating from Meme coins to tokens with real-world utility, with AI concept tokens performing the best. Data shows that in the past 24 hours, several functional indices of CoinDesk—including DeFi, Metaverse, and non-Bitcoin composite indices—have all risen by over 4%, while the Meme coin index has remained flat or slightly declined, indicating that market risk appetite is returning to “fundamental tracks.” The decentralized GPU computing platform Render Network (RENDER) surged about 20% in 24 hours, making it the best-performing token among the top 100 cryptocurrencies by market cap; mid- and small-cap AI tokens like Virtuals Protocol also recorded gains of over 6%. Sui (SUI) rose more than 15%, and XRP climbed about 10%, hitting a nearly two-month high; in contrast, Solana (SOL) remains in a multi-month consolidation range. Analysts point out that these trends are consistent with the optimistic sentiment in the US stock market towards AI and high Beta tech stocks. However, geopolitical risks and upcoming US non-farm payroll data could still influence market sentiment. Additionally, several analysts believe that further gains in the crypto market depend on continuous inflows into Bitcoin ETFs. Data shows that in the first two trading days of 2026, net inflows into Bitcoin ETFs have exceeded $1 billion.