Federal Reserve interest rate decision leads to Bitcoin, Ethereum, and Dogecoin remaining subdued: Analysts say BTC is in a parabolic stage, revealing its duration

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Industry-wide data shows that the meme coin craze is fading. Although leading meme coins have remained stable, there have been several bearish trends over the past month.

- The meme coin sector is quietly declining across the board. About a month ago, meme coins were in a fierce bull market, outperforming top altcoins. However, new data shows that trading volume has dropped from $30 billion to below $14 billion.

- Meme Coin trading volume and market value are declining. This month, leading meme coins have performed relatively flat, but extreme volatility still steals the spotlight.

For example, FARTCOIN's price surged by 200%, while older assets like DOGE fell significantly. POPCAT was once the best performer but quickly lagged behind. Huge successes have shifted attention away from other losses, but the overall market is performing poorly.

- Meme Coins are underperforming, and market interest is waning, possibly due to high-profile scams and other reasons. Most meme coin traders are losing money on certain platforms, and market dominance has sharply declined.

- While it may be too early to assert that a bear market for meme coins is coming, traders should be aware of bearish signals.

For instance, November trading data suggests that the altcoin season is approaching, but the actual rebound has not materialized. These trends may just be temporary illusions.

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