According to ChainCatcher, the Meme coin craze has cooled significantly in the second half of 2024. Google Trends data shows that the search popularity of "meme coins" has dropped sharply from a peak of 100 in mid-March to 22. During the same period, the market value of Meme coins has also shrunk significantly. In the 89 days since May 21, the total market value of Meme coins has fallen from US$59.62 billion to US$39.59 billion, evaporating US$20.02 billion. Major Meme coins such as DOGE, WIF and BOME have all fallen sharply.