The market is bleeding 🩸… but do you know who's bleeding the fastest? Memcoins 😵💫
Memcoins led the collapse with over -25%.
🔻 While other sectors, such as DeFi, AI, gaming, and L2, saw smaller declines, ranging between -15% and -20%.
⚠️ The reason? Memcoins are driven by the community and hype without a solid foundation, so their volatility is 50% higher than other sectors — and when the market shakes, they're the first to bleed 🩸