Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
🚨 $49 Billion Wiped Out from Meme Coins! Are They Doomed?
📉 Meme Coin Market in Freefall!
The situation is alarming! In the last 30 days, the market cap of meme coins has plummeted from $116B to $67B – a shocking $49 billion vanished from the market!
---
📊 Will Meme Coins Recover?
Many investors are wondering: Can meme coins bounce back if an Altseason begins? Personally, I doubt they will ever break their All-Time High (ATH) again!
Why?
🔹 Hype is fading – Unlike strong cryptos, meme coins rely purely on hype, which seems to be weakening.
🔹 Market correction is hitting harder – Unlike fundamentally strong assets, meme coins tend to suffer extreme drops.
🔹 Investors are shifting focus – More people are moving towards high-potential projects instead of risky meme coins.
---
🚀 My Take
Meme coins had their moment, but with $49 billion wiped out, their future looks uncertain. As Altseason approaches, it might be wise to invest in solid projects instead of chasing meme coin dreams.
What do you think? Will meme coins ever hit a new ATH?
#CryptoNews MemeCoins #Altcoins CryptoMarket #Bitcoin InvestmentTips #Altseason