Meme coins have experienced a significant net sell-off of $1.21 billion on Binance since Bitcoin reached its all-time high in October 2025, according to CryptoQuant analyst Darkfost. The sector is under substantial selling pressure as Bitcoin has declined over 50% from its peak. Meme coins, known for their high risk, have been hit hardest during this market correction. Despite a brief surge in interest following Robinhood's launch of its own blockchain, which saw CASHCAT's market cap reach approximately $138 million, the long-term outlook remains dominated by selling pressure. Analysts warn that meme coin holders face significant capital loss risks in the ongoing downturn.