Token Heat Map for March

Since March, affected by the subsequent impact of the US government’s imposition of tariffs, the overall crypto market has shown a trend of outflows. Investor sentiment tends to be cautious, and some assets have experienced significant pullbacks. Although individual tokens (such as AUCTION, VIC, FB) have recorded significant gains, most tokens face the pressure of fund outflows and pullbacks, especially in assets in the NFT, GameFi, and DeFi fields, where the market shows clear structural differentiation.

As of writing on March 12, the token with the highest weekly increase is AUCTION ($24.90, +112.23%), recording a growth of over 100%, making it one of the strongest performing assets in the market in the past month. The significant growth of this token may be driven by the increasing market demand for NFT and auction-related projects; in addition, VIC ($0.3679, +44.77%) and FB ($1.20, +39.73%) and other currencies also rank among the top gainers.

It can be seen that funds are flowing into emerging application tokens, while some financial infrastructure tokens are experiencing short-term selling pressure. For example, HYPE ($13.06, -23.58%) and ONDO ($0.8742, -22.97%) both saw significant declines this week. However, some low-priced tokens, such as BNX ($1.02, +23.73%), are still receiving certain inflows of funds, showing that the market is keeping an eye on assets with high growth potential.

03/05 - 03/12 Crypto Market Token Heat Map (Image Source:https://www.gate.io/en/price/cryptocurrency-category）

Recent popular soaring tokens

Recently, the heat of the AI track continues to rise, driving a substantial increase in the prices of multiple AI-related encrypted assets. Among them, SMILEAI surged by 99.18%, showing the market’s strong interest in the fusion track of AI + blockchain. However, it is recommended that investors focus on examining the actual application scenarios and technological implementation when following such assets, in order to avoid entering high-risk areas due to short-term speculation.

At the same time, meme coins and low-priced tokens are also sought after by the market, such as OPCAT recording an astonishing 138.79% increase, becoming the best-performing token today. These tokens often heat up rapidly due to the FOMO effect, with strong capital driving force, but the sustainability of their rise is difficult to predict. Investors should pay attention to changes in trading volume and market sentiment, judge whether funds continue to flow in, and avoid the high volatility risk brought by short-term speculation.

2025/03/12 Real-time popular soaring tokens (Image source:https://www.gate.io/en/price）

Hot sector trend statistics

Recently, the overall market has shown a trend of capital warming and increasing risk appetite. In addition to the AI sector remaining hot, the Base ecosystem, relying on Layer 2 under Coinbase, has a good development momentum. For example, TOSHI has risen by 37.45%, with continuous increase in liquidity. The liquidity staking (LST) track continues to grow steadily, with STETH reaching a market value of $17.66 billion, showing investors’ preference for long-term yield assets. The GameFi sector is also warming up, with some chain game assets attracting short-term capital inflows. In addition, the animal meme track is also an important direction for speculative capital in this round of the market.

Overall, AI, Base ecology, liquidity mining, GameFi, and Meme tracks all show strong growth potential, but investors need to be cautious of market fluctuations, especially the high-risk nature of Meme assets. Short-term traders can pay attention to changes in trading volume, while long-term investors can focus on AI and liquidity mining projects with fundamental support, seizing potential investment opportunities in the market recovery process.

Trend changes in popular sectors on 2025/03/12 (Image source:https://www.gate.io/en/price/cryptocurrency-category)

Popular Meme Coin Inventory

As of 17:00 on March 11th, according to the data, PEPE (+16.77%), BONK (+13.71%), FLOKI (+12.10%), DOGE (+11.04%) and other tokens have led the gains. These long-circulating meme coins are still favored by the market, showing investors’ recognition of brand effect and community consensus. However, the rise of meme coins often comes with high volatility. Once market sentiment changes or profit-taking emerges, these assets may face significant pullback risks, especially high-speculative tokens lacking fundamental support.

Therefore, for short-term investors who are positioning in high-volume leading coins (such as PEPE, BONK), it is recommended to closely follow the market capital flows and set reasonable profit-taking and stop-loss points to avoid the risks brought by market volatility. As for long-term investors, DOGE and SHIB, as representative assets in the meme coin race, still have a certain level of stability due to their relatively mature ecosystem and market acceptance, and are worth continuous attention.

2025/03/12 Hot meme coins performance overview (Image source:https://www.gate.io/en/price/cryptocurrency-category)

On-chain ecosystem financing performance

Currently, the blockchain ecosystem investment presents a diversified layout, and the ecosystems on various chains have received relatively balanced financial support.

The Solana ecosystem has captured the largest share of 22.2%, far exceeding other blockchains, especially performing well in the DeFi and NFT markets. Its on-chain Meme tokens (such as BONK) and decentralized social applications (such as Friend.tech and similar products) have also attracted a large number of investors.

Overall, traditional public chains are developing steadily, while emerging public chains are seeking breakthroughs in specific tracks, requiring more time to validate their growth potential.

In the past month, statistics on on-chain ecological investment and financing (Image source:https://crypto-fundraising.info/blog/dates-02-08-mar-2025/）

Investment advice

Bitcoin (BTC) and Ethereum (ETH) remain the core assets of the market, suitable for steady holding due to their strong market demand and long-term growth potential. At the same time, the AI track and Layer 2 ecosystem are developing rapidly. For example, tokens such as FET, ARB, and OP have high growth potential and can be considered as new investment targets. Potential investors can follow their technological implementation and ecosystem expansion.

For short-term traders, the meme track (PEPE, BONK, OPCAT) has been active recently, with high market sentiment, but it is necessary to closely follow the capital flow situation and guard against the risks of blind pursuit of higher prices. In addition, the liquidity staking (LST) track provides relatively stable returns, and tokens such as STETH are also suitable for medium to long-term allocation, allowing for additional returns while ensuring liquidity.

In terms of on-chain ecology, Solana’s ecosystem’s capital inflows take the lead, despite being affected by recent market fluctuations and price fluctuations, its massive ecological foundation still has high growth potential, but we need to prevent pullbacks caused by capital withdrawal. In addition, Ethereum and Base ecosystems, as long-term stable public chain infrastructure, are suitable as core holdings to balance the overall investment portfolio risk.

Overall, the crypto market in March 2025 presents the characteristics of “hotspot rotation and significant fund differentiation.” Investors should adopt a flexible response strategy, combining short-term fund flows with long-term market trends, and seek a balance between high-growth assets and stable returns.

Conclusion

In March, the crypto market showed a trend of differentiated capital flows in different tracks, and the rotation of market hotspots has accelerated. For short-term traders, meme tracks and AI-related assets still have high market attention, but they need to closely monitor market sentiment fluctuations and guard against short-term pullback risks. Long-term investors can prioritize mainstream assets (BTC, ETH), AI tracks, and liquidity staking (LST) assets to obtain more stable growth potential. It is worth noting that the Solana ecosystem continues to be recognized in the investment and financing field, while the Base ecosystem, with its Layer 2 development potential, is also worthy of special attention. In the current market environment, investors should flexibly adjust asset allocation, closely follow market hotspots, seize short-term opportunities, and optimize long-term investment portfolios to balance risk and return.