📉NFT sales took a 44% nosedive in Q2, possibly due to the rise of celebrity, political, and animal-themed memecoins and a crypto market downturn. 🐸Pepe and 🎩Trump memecoins are among those that rose in price. While NFTs are feeling the heat, memecoins are partying with a whopping $3.4 billion trading volume in the last 24 hours alone! But don't count NFTs out just yet. They've bounced back before, and top collectibles like CryptoPunks and Bored Ape Yacht Clubs still boast hefty market caps. So, what's your take? Are memecoins stealing NFT's thunder or is this just a temporary blip? Let's chat in the comments! 💬👇