#XRP
🔍 Analysis of Liquidity Change: Memecoins vs. Ethereum
The memecoin market is facing a significant loss of market share in the cryptocurrency landscape, with many tokens recording sharp declines. This trend is driven by the migration of capital to more established assets, such as Ethereum, which absorbs liquidity from the altcoin market. The total market capitalization of the memecoin sector is approximately **$70.74 billion**, down from the peak of **$80 billion** reached in July, with critical resistance in the range of **$75–76 billion**.
📉 **Determinants**
- **Ethereum as a Liquidity Magnet**: With a valuation increase of **215.91%** since April (compared to **79.5%** of memecoins), Ethereum attracts institutional capital, including **$1 billion** in ETFs, and benefits from solid technical fundamentals.
- **Investor Selectivity**: Traders prioritize projects with real utility, avoiding the high volatility of memecoins without concrete catalysts.
- **Macroeconomic Context**: Shocks like the PPI index of **0.9%** in August accelerated the reallocation to stable assets.
💡 **Outlook**
The recovery of memecoins depends on a reversal in liquidity distribution and the return of speculative interest. Analysts like Darkfost warn that the current environment does not favor memecoins, requiring caution from investors.
