🔭Why are meme coins collapsing and breaking lows unlike other currencies in the past period, with liquidity leaving them significantly compared to previous cycles, especially after Trump's inauguration.

🧵Over the past years, governments, the Securities and Exchange Commission, the Federal Reserve, and the global financial system have been fighting cryptocurrencies by filing lawsuits against projects and platforms, falsely claiming they are securities. Therefore, major speculators, whales, and platform owners turned to meme coins without projects to avoid litigation and accountability, pouring their money into them and spending with assurance.

🐳But now, after Trump's inauguration, the scene has changed significantly, and the new administration has shown leniency towards cryptocurrencies, with some agencies starting to backtrack on their positions. This has opened the door for major institutions and projects to enter the market legally and safely, while speculators and platform owners have shifted their focus away from meme coins and started moving towards Ethereum and cryptocurrencies associated with strong projects.