CoinVoice has recently learned, according to Cointelegraph, that in December, the overall market value of Memecoins dropped by about 30%, indicating a slowdown in the development momentum and demand for meme-based tokens.

Data from CoinMarketCap shows that on December 1, the total market value of memecoins was $120.14 billion. On December 9, this figure rose to $137.06 billion, before falling to a low of $92.67 billion on December 23. 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.[Original link]