Meme coins and AI tokens have been stealing headlines lately, but the reality check hits different. Both sectors are sitting 85%+ below their peak valuations—that's not a typo. The real headwind? Heavy bag holders are basically anchored to these levels, making any explosive rally unlikely in the near term. Don't expect meaningful new highs until we're looking at 2028 or later. The market needs time to shake out weak hands and reset sentiment before these narratives can regain traction.