The market seems to be adjusting slightly, but memecoin is probably the most affected

Most of the memes that were hyped a few days ago are down 10-15% from their peaks like $SHIB $FLOKI $MYRO or $BONK.

$PEPE has definitely decreased by more than 20%. There are some people who say that the meme wave is over and then memes will die, while if you look at the chart $PEPE , you can see that the price is still x2 compared to the beginning of May

I agree that the meme wave may calm down temporarily and give the stage to AI and RWA (a lot of good news in these two fields in the past 2 days), but I believe that memes will still exist and will still rise strongly and pull major cash into the market