Meme Coin Dominance Falls to 3.7%, Lowest Since February 2024

07/05 21:15

On July 6, CryptoQuant analyst Darkfost reported that the dominance of Meme coins in the altcoin market has dropped to 3.7%, marking the lowest level since February 2024. This represents a significant decline from the peak of over 10% in November 2024. Darkfost noted that the number of Meme coin holders is becoming increasingly scarce, reaching the lowest levels in three years, indicating that this sector is being significantly overlooked by the market.
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