đ Memecoins, beware! đ± Solana and Base's memecoin market caps have plunged 12% and 19% respectively in the last 24 hours. The drop coincides with Bitcoin's 4.94% fall. Some analysts say memecoins typically plummet when BTC falters, while others think the humor's simply run its course. đ€·
- Solana's memecoin market cap: $8.29 billion
- Base's memecoin market cap: $1.47 billion
- Total crypto market cap: $2.45 trillion (6.14% drop)
What do you think? Are memecoins just a passing trend, or is there more to it? Share your thoughts in the comments! đ