The number of daily active addresses of Meme coin is 16,000, which is still far from the peak in 2021

According to BlockBeats, on November 20, IntoTheBlock data showed that there are currently about 16,000 daily active addresses participating in Meme coins.

This number is still far from the 32,000 daily active addresses in May and November of the 2021 bull run. Despite the record high total market capitalization of Meme coins, activity for most Meme coins remains low.

This divergence suggests that retail enthusiasm has not yet fully re-entered the cryptocurrency space.