๐ Meme Coin Market Crashes 56% โ Is the Hype Over?
After a 500% surge in 2024, meme coins are now in free fall, with market cap plunging from $125B to $54B since December. Trading volume is down 26% in a month, raising fears that the meme coin supercycle is ending.
๐ฅ Biggest Losers:
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$DOGE : -21.7% (holds nearly half the market)
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$SHIB : -10.6%
๐จ Other top meme coins: Similar declines
๐ Google searches for "meme coin" have collapsed, and launchpad #pumpfun 's volume is down 75%. Even Elon Musk warns against investing in meme coins like a casino.
Is this the end of #MemeCoins or just a dip? #Meme Alpha#
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