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...

From TRUMP to LIBRA: Did Celebrity Memecoins Derail the Crypto Bull Run? On November 19, 2023, in Buenos Aires, Argentine President Javier Milei witnessed a series of eye-catching "memecoin rug pulls" that raised concerns about the crypto craze damaging Bitcoin's reputation as a stable monetary asset. From the Trump administration's support for TRUMP Token, with the First Lady's endorsement of memecoins, to the LIBRA scandal in Argentina, these speculative frenzies have repeatedly made headli...

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...

From TRUMP to LIBRA: Did Celebrity Memecoins Derail the Crypto Bull Run? On November 19, 2023, in Buenos Aires, Argentine President Javier Milei witnessed a series of eye-catching "memecoin rug pulls" that raised concerns about the crypto craze damaging Bitcoin's reputation as a stable monetary asset. From the Trump administration's support for TRUMP Token, with the First Lady's endorsement of memecoins, to the LIBRA scandal in Argentina, these speculative frenzies have repeatedly made headli...