Memecoins Craze Goes For A Spiral: Mkt Cap Down To $58bn
By Manoj Dharra
Lagta hain memecoins ki musibate khatm hone ka nam he nahi le rahi. Ab yehi lelo, ek time tha ki 2024 mein, Memecoin sector saal ka hottest crypto trends mei se ek tha. 2024 ke bull run ke chalte, crypto investors ko meemcoins mei invest krne se accha khaasa profit bhi hua tha. 2024 mei $128bn tak ka market cap mark touch karnewali memecoins ki market cap ab girkar $58 billion par aa gyi hai. Pichhle hafte se lagatar iska downtrend jari hain.
Meme coin market cap declined from $67 bn to $58 bn in past seven days
Kyo ho raha hain aisa? kya Meme coins ka craze khtm ho raha hai ya ye trend sirf ek temporary phase hain? Aaiye jaante hain details mein. Lekin before moving on, do like, share and subscribe to our channel to receive such important updates.
Meme Coin Boom Coming To An End?
If you remember, pichle episode me humne kaha tha….meme coins matlab high risk, high reward game… jinki na toh koi value, authenticity ya koi underlying utility hoti hai.
Meme Coins: High Risk, High Reward Opportunity
Inka trend mahaz ek social media hype ya phir influencer endorsements ki wajah se hota hain. President Donald trump ke aane ke baad yani January 20 se lekar ab tak meme sector 50% tak decline ho gaya hain.
Meme coin market cap declined 50% since Jan 20
In the past seven days the top meme coins by market cap such as Doge with a market cap of over $30bn declined by over 18%, Shiba Inu with a market cap of $8.6bn declined by over 5%, Pepe with a market cap of $3.5bn declined by over 10% and Official Trump coin with a market cap of $2.6bn declined by over 21%.
But, in the last 24hrs… 2-4% ki correction humein dekhen ko mili hai, jo indicate karti hai ki kuch investors ab bhi buy kar rahe hain.
So what were the major triggers which led to a significant decline in the memecoins?
First and foremost, President Trump ke tariff threats …global trade war ka risk badhne se crypto investors ka sentiment weak ho gaya, pure Crypto market me overall decline dekha gaya aur high-risk assets jaise meme coins mei sabse zyada decline dekhne ko mila.
Next major reason which triggered market selloff and put a dent to the meme coin sector was the Libra meme coin controversy linked to Argentine President Javier Milei. Agar aap libra controversy ke baare mei jaana chahte hain toh aap hmara show Memecoins: High-Risk, High-Reward Game Amid $LIBRA Controversy
Dekh skte hain. Link is in the description.
Key reasons for meme coin decline includes Tariff Threats & LIBRA Controversy
another major reason was the The $1.4 bn Bybit hack, where stolen funds were laundered through Solana meme coins by the hacker.
In fact, recently, hackers who are apparently lovers of memecoins took hacked comedian Tanmay Bhat’s X account to promote meme coins. Aur Solana-based memecoin launchpad Pump.fun ki baat karen toh, memecoins promote karne ke liye hi Pump.fun ka bhi X Account hack kiya gaya.
Now in view of this downturn, Bitwise CIO Matt Hougan has said that the failure of LIBRA, along with President Trump related TRUMP and MELANIA tokens, will end the craze of memecoins. Aisa kyu kaha hoga Hougan ne? Shayad isliye ki, Memecoins ki duniya mei… ek din me $5 se $1000 ban sakta hai, ya $10,000 ka investment zero bhi ho sakta hai.
Meme craze end will occur within the next six months: Matt Hougan, CIO, Bitwise
Toh agar aap meme coins trade kar rahe hain, toh shady projects aur pump-and-dump schemes se zaur bachkar rahiye.
And, if you are still interested in investing in memecoins… then you know, Doge, Bonk and Trump are the coins you ought to watch out for. That’s because, potential Meme coin ETF approvals…since Asset managers such as Grayscale, Bitwise and Rex Shares have filed for Bonk, Doge and Trump ETFs.
Bonk, Doge & Trump: Memecoins you must keep an eye on
Grayscale, Bitwise & Rex Shares have filed for Meme coin ETFs
Ab bataiye apko kya lagta– meme coin boom khatam hone ki kagaar per hain ya usme ab bhi potential hai? Humein comment karke zarur btayen… aur aisi he important updates ke liye dekhte rahiye 3.otv. You may also log on to our website www.3versetv.io or scan the QR Code.
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