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Darkfost: Memecoins' share of the total altcoin market cap has fallen to 3.7%, hitting a three-year low
svmuu.com05/07/2026 04:12
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Svmuu News: CryptoQuant analyst Darkfost posted on X, stating that the current share of memecoins in the total altcoin market cap has dropped to 3.7%, the lowest level since February 2024. Data shows that during the memecoin boom in November 2024, this ratio briefly exceeded 10%; it has now fallen back to 3.7%, indicating that the memecoin sector’s share of the altcoin market has declined significantly.
Source：Odaily · Source Link
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