After a year of steady decline, the “memecoin dominance” ratio, a key metric tracking the sector's share of the total altcoin market, has abruptly reversed course from historic lows.
This came as the total capitalization of meme assets reclaimed the $50 billion mark and tokens such as #PEPE #BONK and #FLOKI posted outsized double-digit gains to start the year.
The surge is forcing institutional managers and retail traders alike to confront a critical question: Is this a fleeting spasm of post-holiday speculation, or the early bellwether for a broader market rotation?
Data from market intelligence firm CryptoQuant highlights the severity of the shift. Following the “memecoin mania” that peaked in November 2024, the sector’s dominance within the altcoin market began a long slide.#MarketRebound #memecoin🚀🚀🚀
