Memecoins lose market cap as trading volume falls 20%
The contraction signals weaker speculative demand, while Murad’s memecoin-only portfolio lost roughly 85%, falling from a $67M peak to around $10M in one year.
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The contraction signals weaker speculative demand, while Murad’s memecoin-only portfolio lost roughly 85%, falling from a $67M peak to around $10M in one year.
The 30-day moving average fell from $4.4B to $960M per day, and a parallel 49% drop in DAT company flows points to fading speculative demand from both major TradFi channels.