Are Meme Coins Losing Interest or Not? 🤔

The GMCI index, which measures the performance of leading meme coins by market cap, continues to rise. It has gained over 130% in November and continues to rise after some sideways trading.

⚠️ It is important to note that fundamentally based tokens are also starting to grow. It is possible that the meme season will run parallel to the alt season.

However, analysts note that the memecoin market appears overheated and investors are already tired. They are increasingly gravitating towards microcap tokens, looking for higher returns compared to memecoins with larger capitalization.

📈 Liquidity is returning to Ethereum and DeFi projects. BTC dominance is steadily declining, and its price is stagnant. The main thing is not to miss the moment when it will be necessary to fix profits on memes and start actively buying fundamental altcoins.

#memecycle #Memecoins__ #XRPTrends #ThanksgivingBTCMoves #BinanceBNSOLPYTH