🚨The Decline of Memecoins
The excitement surrounding memecoins seems to be losing momentum. In July 2025, the platform pump.fun experienced a drastic drop in its revenue, which plummeted to a low of $24.96 million, representing a shocking decrease of 82% from its peak. This negative trend is not limited to a single platform; its competitor letsbonk.fun also reported a decline in its revenue, reaching only $22.95 million in the same period.
These numbers reveal a worrying outlook: the total market capitalization of the memecoin sector has also decreased by 23%, and trading volume has fallen by an astonishing 68%. All of this suggests that enthusiasm for these digital assets is undergoing a general cooling, which could change the dynamics of the cryptocurrency market in the near future.
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