According to these data, the volume of bidding on the most popular memicoin-site has been declining for the past few months. This may indicate a decrease in demand for memcoirs in general, experts of Defillama believe.
In July, the capitalization of the market reached $ 85 billion with a trading volume of $ 17.2 billion, but later the indicators began to fall. Now they have decreased to $ 65.5 billion and $ 5.5 billion, respectively. The fall amounted to 23% and 68%, Defillama analysts said.
Without fundamental support for the quotation of memcoirs, they are not held at the levels achieved, undermining even among short -term investors, analysts write. In their opinion, in the conditions of the amazing of the market, investors do not have time to track the novelties, and capital cannot be evenly distributed.
Memecoirs remain part of the cryptoculture, but they are no longer the main possibility of quick earnings – only projects that will offer real use of coins or long -term strategy will be able to maintain the interest of the audience, the experts of Defillama are sure.
Earlier, the co -founder of SOLANA Anatoly Yakovenko called memcoirs and non -replaceable tokens (NFT) “digital garbage”, which does not have internal value.
Source: Bits
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