The current landscape of meme coins, particularly those associated with artificial intelligence (AI), is facing a downturn, with many expected to decline in value. Analysts suggest that only a few, such as FARTCOIN, are likely to survive through multiple market cycles. FARTCOIN has reportedly reached a valuation close to $2 billion, raising concerns about the sustainability of such high valuations in the meme coin market. Observers note that while there may be short-term bounces and squeezes, the majority of AI tokens and meme coins are projected to be in long-term downtrends. The recent market cycle has favored specific metas, including early investments in Solana (SOL), as well as trends surrounding other meme coins like Pepe, Wif, and Bonk. Overall, the sentiment is that most AI and meme tokens are unlikely to recover, with only a select few expected to emerge as long-term winners.