The majority of memecoins and Pumpdotfun tokens have failed, with many experiencing a retracement of 70-90% on average within just a few weeks, and most tokens dropping to almost zero.

According to our previous analysis, dominance was expected to top around 61%. However, the emergence of $TRUMP and #MELANIA along with other overhyped, high-market-cap tokens, has negatively impacted existing altcoins, making them look even weaker for now. That said, with a massive 36.4 million tokens in the market, a dominance level of 62-64% is considered reasonable for rotation into altcoins, potentially reviving the crypto market.

Since spring and Q1 are often favorable periods, the local bottom should be forming soon, and we might see a bounce in mid February.

#BERAonBinance #BitcoinWhaleMove #USJoblessClaimsRise #AICrashOrComeback