Memecoin Share of Altcoin Market Falls to 3.7%, Lowest Since February 2024

MEME-0.85%
According to CryptoQuant analyst Darkfost, Memecoin's share of the total altcoin market value has fallen to 3.7%, marking the lowest level since February 2024. The data shows that during the Memecoin craze in November 2024, this proportion exceeded 10%, but has now declined significantly to 3.7%, indicating a substantial pullback in Memecoin's market share within the altcoin sector.
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