Memecoin trading volume spikes โ analysts say momentum may be cooling
Memecoin trading volume briefly surged to $5.6B (+106%), while total market cap dropped 6%, signaling profit-taking rather than fresh inflows, according to analysts.
Kronos Research notes that rising volume alongside falling market cap often reflects short-term flipping and capital rotation, not renewed bullish momentum.
After the spike, volume quickly cooled to $3.6B, suggesting speculative activity may already be fading.
๐ Memecoins remain highly sensitive to liquidity conditions and Bitcoinโs broader trend.
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