Ethereum is on a tear 🚀 while the memecoin hype cools off 😴

📉 Memecoins’ market share just hit a 1.5-year low, falling to 0.039 — as ETH dominance rises. Liquidity is shifting from meme-based coins like Dogecoin, Shiba Inu, and Pepe into Ethereum and large-cap altcoins.

📊 Since April, memecoins have gained 79%, but Ethereum has skyrocketed 215% and is still climbing. This month alone, ETH is up 25%, overshadowing the modest moves of top memecoins.

💡 Analysts say memecoin rallies could return in the later stages of the market cycle — when smaller altcoins often surge. For now, it’s clearly Ethereum season.

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