✦📉 A sharp wave of decline… meme coins completely lose their dominance!
Meme coins are experiencing a widespread collapse, with their values dropping to the lowest levels in three years, indicating a loss of the sector's sparkle that was primarily based on speculation and noise.
✧⚠️ No new trends… and speculation is significantly weakening
The absence of any new bullish themes or strong narratives in the market has led to a decline in speculative interest, reflecting a general weakness in risk appetite within the digital market.
◀️🐕 Even tokens like DOGE and SHIB did not escape the wave of decline
The most famous tokens in the meme world — like DOGE and SHIB — are facing the same collective drop, confirming that the decline is not individual but part of a broader sector collapse.
✦💧 Shrinking liquidity punishes high-volatility assets
Total liquidity within the cryptocurrency market is shrinking at a remarkable pace, which directly harms high-volatility assets — primarily meme coins — that fundamentally rely on massive liquidity to ensure their relative stability.
✧📌 Summary
🔻 Complete collapse in the meme sector
🔻 Clear weakness in speculation
🔻 DOGE and SHIB in the wave of decline
🔻 Shrinking liquidity increases pressure
The current picture indicates that meme coins are going through their toughest phases in years, with no catalysts to rekindle interest in them soon.
#Dogecoin #Shibalnu $DOGE @Tryhared
