The summer of Meme coins is being declared over. From the collapse of the Trump family's $TRUMP to the exposure of the $Libra scam endorsed by the Argentine president, Solana, which viewed Memes as the core driving force of on-chain transactions, has seen its transaction volume halved and a 70% reduction in the number of new coins issued daily. The top Meme coins have fallen by over 70% since the beginning of the year... These signs indicate that the nearly $60 billion Meme bubble is beginnin...

The summer of Meme coins is being declared over. From the collapse of the Trump family's $TRUMP to the exposure of the $Libra scam endorsed by the Argentine president, Solana, which viewed Memes as the core driving force of on-chain transactions, has seen its transaction volume halved and a 70% reduction in the number of new coins issued daily. The top Meme coins have fallen by over 70% since the beginning of the year... These signs indicate that the nearly $60 billion Meme bubble is beginnin...