Meme coins lost $23.6B in 12 days this February, testing market resilience. 📉 Some tokens saw steep declines while overall value slipped to $77B. 😕 • 12-day drop wipes out gains • Market value fell from $100.6B to $77B • Top tokens recorded double-digit losses https://t.co/1WKm6w3q1O
The crypto market just gave back its post-U.S. election gains, and it’s not pretty: • Meme & AI tokens got wrecked—$GMMEME down 60%, $GMAI down 56%. • $GMUSA & $GMDEFI held up better, but the pain was widespread. • $BTC, $XRP, & $BNB outperformed, while altcoins struggled as… https://t.co/9N9ZSJnkM8
📊 UPDATE: Altcoin market cap drops $234B in two weeks, one of the largest devaluations amid weak capital rotation and adoption struggles. https://t.co/1bH8A5TW2s















Bitcoin's dominance in the cryptocurrency market has surged to 64%, the highest level since February 2021, indicating a fundamental shift as altcoins struggle to attract retail speculation. In contrast, celebrity meme tokens have experienced an average decline of 78% from their all-time highs (ATHs). Notably, tokens associated with public figures such as Trump and Melania have seen significant losses, with Trump's value down over 60% and Melania's down over 80%. Overall, the altcoin market cap has dropped by $234 billion in two weeks, reflecting weak capital rotation and ongoing adoption challenges. Meanwhile, Bitcoin's market cap remains resilient, down only 8.2% from its peak of $2.1 trillion, while altcoins, excluding Ethereum and stablecoins, have slid 29.8% from their peak of $1.03 trillion. The broader market is witnessing a shift, with Bitcoin and Layer 1 blockchains dominating 44.2% of discussions on social media, while memecoins account for only 4%. The total market value of meme coins has decreased from $100.6 billion to $77 billion, resulting in a loss of $23.6 billion in just 12 days.