Meme coin market value fell 32.38% in December as demand slowed

According to ChainCatcher, in December, the overall market value of Meme Coin fell by about 30% at one point, indicating a slowdown in the momentum and demand for meme-based tokens.

According to CoinMarketCap data, the total market value of Meme Coin was $120.14 billion on December 1. It rose to $137.06 billion on December 9, and fell to $92.67 billion on December 23, a decrease of 32.38%. The current market value is about $98.78 billion, down about 14.61% from the beginning of the month.