Memecoins2 min read
Meme coin market cap shrinks by $110B — structural capitulation or a cyclical buying opportunity?
The meme coin sector has experienced a severe contraction, shedding over $110 billion in market value since its 2024 peak. While micro-cap outliers post isolated gains, major assets like Dogecoin and Shiba Inu face steep double-digit monthly declines amid shrinking trading volumes and fading retail participation.