Industry Leaders Discuss if Meme Coins Are Dead as Market Cap Falls Below $40 Billion

Once a thriving component of the crypto ecosystem, the meme coin sector has recently seen its market capitalization plummet below $40 billion. According to CoinGecko, it now stands at $39.69 billion, marking a 3% decrease in the last 24 hours and over a 12% drop in the previous week. This downturn signals a stark reversal from the heady days of rapid growth and investor... source: https://beincrypto.com/meme-coins-dead-market-cap-dips/