Rewards Hub Memecoins have seen a significant decline in their share of the altcoin market, dropping from over 10% in January to less than 4% currently, according to CryptoQuant CEO Ki Young Ju. The initial surge in memecoin popularity was driven by events such as the launch of the TRUMP MELANIA token. However, their market presence has steadily decreased throughout the year.
Memecoin Share in Altcoin Market Drops Below 4%
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