📉 The dominance index of meme coins has sharply declined — down 70% from peaks in January, reports CryptoRank.

This means:

🔻 The popularity and share of meme coins in the cryptocurrency market have significantly decreased.

🔻 Investors are exiting high-risk assets and moving into more stable coins — primarily BTC, ETH, and major altcoins.

🔻 The decrease in dominance indicates a cooling of the speculative hype that dominated at the start of the year.

In fact, meme coins are currently experiencing a phase of mass decompression, and the market is returning to more fundamental assets.