"Meme coins and AI-related tokens have seen significant gains over the past 24 hours, outperforming major tokens including Bitcoin. Bitcoin and other leading tokens have begun to recover from weekend losses, trading near $66,600 this morning in Europe. Solana meme coins, meme -dog-themed coins and Base network meme coins are up more than 15% on average, CoinGecko data shows, while AI tokens are up more than 17% Layer 1 blockchain tokens such as Ether, SOL Solana and AVAX. Avalanche was among the worst performers, with an average gain of 5.5%. The CoinDesk 20 Index, a liquid index of major tokens excluding stablecoins, rose nearly 6%. As a result, $2 billion in positions were liquidated over the weekend, the largest ever. since March. More than $1.5 billion of these positions were bet on rising prices, data from analysis tool Coinalyze shows."