Memecoin Season Returns 🔥
In the past 24 hours, memecoin has been the most notable narrative as it reached a milestone of $10B in CEX trading volume - ranking third after the trading volume of Stablecoins and Layer 1 (including $BTC and $ETH)
The current memecoin boom is reminiscent of the 2024 wave, as the Meme and AI trends take turns leading the altcoin season.
Although the upward wave is not too strong yet, the current Altcoin Season Index is above 75. Will this Meme and AI wave signal another short-term correction soon?
