Memecoin market has been disrupted by 56 % since the December summit amid the fading noise

The Memecoin market has wiped all the gains that followed Donald Trump’s presidential victory in November 2024, after it has lost more than half its value since December.

According to To CoinmarketCap data, the total market value of Memecoins reached $ 54 billion on March 5, a decrease of 56 % from $ 124 billion on December 5, 2024.

The Memecoin market gradually decreased after its climax in the maximum standard market of $ 137 billion on December 8, and a short period of time and the center decreased in the middle The launch of memecoin by Trump and First Lady Melania Trump In January.

Some industrial monitors have attributed the huge stagnation The lack of a mechanical organizationInterior trading scandals and approval by general numbers.

The main memecoins for monotheism has been set

Anmin Singh, co -founder of Zeta Markets, co -founder of Zeta Markets, co -founder of Zeta Markets, co -founder of Zeta Markets, co -founder of Zeta Markets, co -founder of Zeta Markets, co -founder of Zeta Markets, co -founder of Cointelgraph said that “the mechanical bubble has exploded” due to some decisive factors, such as economic uncertainty in the Trump administration and a mixture of economic and foreign policies in the United States.

Singh also pointed to the increase in the participation of celebrities and influencers on social media, who were accused of using their influence to pump symbols before selling for profit:

“Strong exploitation, such as the main celebrities, leaders, cables and employees of the familiar, seeks to operate the symbols by taking advantage of their influence and then achieving profits to retail merchants who bring them – maintains confidence and confidence among the retail participants.”

After a large sale, the Memecoin market is likely to see uniformity in the main mimokins while “others predict their joy.”

Dogecoin leads Memecoin market at 53 %

Among the “Great Memesoins”, Singoins is martyred like Dogecoin (Dodge) , baby (baby), Bonk (BonkDogwifhat (wif), As well as the official Trump (Trump) Mimin.

“Most other mimokins will not be interesting for merchants, and this liquidity will go to another place,” Singh said, indicating that the rest of Memecoin Capital is likely to be distributed to a permanent future, Spot Crypto and Fiat.

The co -founder of Zeta Markets also expected that investors are likely to deal with the new Meecoin’s launch with more caution to move forward.

Related to: Democrats in the House of Representatives propose a draft law to prohibit presidential momentum: Report

At the time of writing this report, Dogecoin – a Favorite Mimkequin Among the top advisers of Trump Elon Musk – is the largest mechanical in the market, which represents 53 % of the maximum of Memecoin market, according to CoinmarketCap data.

Shayb and Bab are second and the third is the largest Mimwins, with market covers amounted to $ 7.7 billion and 2.9 billion dollars, respectively.

The official Memeco MEMECOIN is the fourth largest largest mechanical with a height of $ 2.6 billion.

Some of the prominent encryption community figures, such as the founder of TON Justin Sun, claimed that Memecoins is the future of encryptionBut he called on investors to focus on firm mines like Dog.

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