Odaily Planet Daily News: In December, the overall market value of Memecoin temporarily fell by about 30%, indicating a slowdown in the development momentum and demand for meme-based tokens. According to CoinMarketCap data, on December 1st, the total market value of memecoins was $120.14 billion. On December 9th, this figure briefly rose to $137.06 billion, before declining to a low of $92.67 billion on December 23rd. This means that the market value decreased by 32.38% during the month. The current market value is approximately $98.78 billion, a decrease of about 14.61% from the beginning of the month.