In December 2024, the meme coin market faced volatility that led to significant financial losses. The total capitalization of the segment fell from $137 billion to $92 billion, according to CoinMarketCap.
According to available information, the capitalization of meme coins on December 1 was $120.14 billion. After eight days, the figure peaked at $137.06 billion, but by the 23rd, it had collapsed by 32.38%.
At the time of writing, the capitalization of meme coins is $98.72 billion, which is 18% lower than at the beginning of the month. This indicates a partial recovery, but the market continues to show weakness, according to analysts. Experts note that even the Pepe Coin (PEPE) token, one of the key meme coins in 2024, showed growth to $0.000026 after being listed on Binance.US in December, but soon fell to $0.000017. This reflects the overall trend of instability, they say.$STG $THE $DF #BtcNewHolder