Memecoin Tides Recede, Market Funds Shift to Bitcoin? Investors Are Looking for New Favorites! 🚀

The frenzy of Memecoin is fading, and Bitcoin's dominance is attracting most of the market funds. Since January, the total market capitalization of the crypto market has dropped by 22%, and the popularity of memecoins has also significantly decreased, with the token deployment on the Pump.fun platform dropping by 56%. Once the star of the show, the presidential Memecoin TRUMP saw its market cap soar to $1 billion, but the subsequent crash has diminished its luster. 📉

Bitcoin's market share has surged to 59.1%, far surpassing other altcoins. As Bitcoin attracts most of the liquidity, the slump in the memecoin market may continue, with investors shifting their focus from meme coins to the more stable Bitcoin. 🔥

Will the future of Memecoins continue to decline? Or will there be a comeback? Currently, the trend of liquidity shifting is evident, and the direction in the coin circle has already changed!