📉 Bitcoin search volumes hit a 1-year low, dropping to 33 out of 100 on Google. Meanwhile, "memecoins" are stealing the spotlight, scoring 77 out of 100! CryptoQuant's CEO predicts memecoins will reclaim their all-time high by the end of October 2024. 🚀
- Memecoins outperformed all other crypto sectors in 2024.
- Solana saw 491,000 new tokens since Sept. 12, 2024, mostly memecoins.
- Combined market cap of Solana memecoins: $10 billion; 24-hour trading volume: $2.3 billion.
- Platforms like Pump.Fun and SunPump are fueling the craze.
Mark Cuban warns: "Every meme coin is a rug pull in the works." Trade wisely!