📉 Memecoin Market Capitalization Declines by 31.6% in the Past 30 Days 🔻

Over the past month, the total market capitalization of memecoins has dropped by a significant 31.6%, falling from $137.06 billion to $93.77 billion. This sharp decline reflects a shift in investor sentiment, with the memecoin hype losing momentum in recent weeks.

As the market cools, many investors are reassessing their portfolios, and some are looking to more established assets. However, memecoins have always been volatile, and there could be opportunities for recovery in the future.

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