#Glassnode and #IntoTheBlock confirm that #memecoin has entered the ice age, the cold winter is here, gamblers 👊
Futures orders have decreased significantly, details:
1. $DOGE has decreased by 58.45%, from $3.58 billion on December 9, 2024, to $1.49 billion today.
2. PEPE, BONK, and WIF also witnessed significant leverage reductions:
📉 $PEPE : -71.93% ($1.25 billion → $351 million)
📉 $BONK : -75.10% ($715M → $178M)
📉 #WIF : -69.83% ($653 million → $197 million)
3. $SHIB and $FLOKI, despite having smaller total OI, also faced a sharp decline:
📉 #SHIB: -74.41% ($323 million → $83 million)
📉 #FLOKI: -69.18% ($41.7 million → $12.9 million)
I'm just summarizing the news for you, but honestly, there's really nothing much to say about the market 😂 still no cash flow coming in, this month, on the 19th, liquidity is down over 50% compared to January 😑
Good news is flooding the headlines, while coins are dropping hard 😑 if you're holding the peak, just accept that you've entered the ice age 👌🔥💯✅